Kratos Defense & Security Solutions may seek to refinance bonds in June when an early payment penalty declines, according to Chief Executive Officer Eric DeMarco. Click HERE for more.
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Structured notes tied to the gap between short- and long-term rates, some of the most popular this year, may lose value after Federal Reserve Chairman Janet Yellen said borrowing costs could rise early in 2015. Shorter-term rates climbed at a faster pace than longer ones after Yellen said on March 19 that the benchmark funds [...]
U.K. regulators said they are planning a probe into insurance policies stretching back to the 1970s, the second government threat to the industry’s earnings in as many weeks. Click here to view the entire article.
U.K. shale gas may cut supply costs for Ineos’s Grangemouth refinery and could help prevent the plant’s closure, according to Bloomberg Industry analyst Phillipp Chiadek. Click here to view the entire article.
Blackstone Group LP and Apollo Global Management LP are out of the race to acquire Hypo Real Estate Holdings AG’s Dublin-based Depfa Bank Plc, according to people with direct knowledge of the matter. Click here to view the entire article.
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China’s smaller, independent oil refineries known as teapots may be granted more import licenses this year, a government research official said. Click here to view the entire article.
What to Watch: The U.S. probably grew an annualized 2.7 percent in the fourth quarter. U.S. initial jobless claims probably rose to 323,000 in the week ended March 22 from 320,000 the previous week. Click here to view the entire article.
Advent International Corp., which has invested in Latin America since 1996, will likely seek about $2 billion for its next fund focused on the region, according to two people familiar with the situation. Click here to read the entire article.