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Page Import Template
Tim McPartland | February 29, 2016
This page is solely for the purpose of alerting the import tool of all page fields.
eBay Inc. Sells a New Baby Bond Issue
Tim McPartland | February 24, 2016
Online e-commerce platform company eBay (NASDAQ:EBAY) has sold a baby bond issue ($25 exchange traded debt issue). In recent years it has been very unusual for companies such as eBay to sell this type of security and we are not aware of the logic behind this very large offering ($750,000,000), but it is assumed that the coupon (6%) on this…
Goldman Sachs Group Sells a New Preferred Issue
Tim McPartland | February 19, 2016
Bank holding company Goldman Sachs Group, Inc. (NYSE:GS) has sold a new preferred stock offering and the new, non-investment grade shares now are trading on the OTC Grey Market under the temporary ticker GSHSP. As a banking company, Goldman Sachs is required to issue non-cumulative preferred shares, so if its board of directors doesn’t declare dividends on the shares, the omitted…