Funding & Business
Senegal Bonds Are Africa’s Sole Losers as IMF Mulls Next Steps
Senegal’s eurobonds are posting the weakest returns in Africa this month as investors pull back after a brief rally while they await the outcome of an International Monetary Fund inquiry into the underreporting of the West African country’s debt.
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Anna Edwards, Guy Johnson, Valerie Tytel and Mark Cudmore break down today’s key themes for analysts and investors on “Bloomberg: The Opening Trade.” (Source: Bloomberg)
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Del Monte Group is considering raising as much as $800 million in equity to pare debt, according to people with knowledge of the matter.
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Britain’s biggest housebuilder Barratt Redrow Plc warned that the period leading into the UK budget in November has introduced “additional risk” to home sales.
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