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Finance & Markets

Samsung Buyback Highlights Korea’s 45% Preferred Stock Discount

Samsung Electronics Co.’s anticipated equity buyback is raising investor expectations that the Korean giant will buy up non‑voting preferred shares, narrowing a steep discount and setting an example for others.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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PremiumTrust Bank receives dual credit rating upgrades

PremiumTrust Bank has received dual credit rating upgrades from two of Nigeria’s leading rating agencies, Agusto & Co. and DataPro Limited, underscoring the Bank’s financial strength, sound risk…

  • PremiumTrust Bank upgraded to A- long-term and A1 short-term ratings
  • Agusto & Co. and DataPro Limited raised credit ratings
  • Upgrades reflect strong financial health and effective risk management

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