European markets dip as higher oil prices, bond yields rattle markets
We haven't written up this one. Seeking Alpha News has the full story — the link below goes straight to it.
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Ares leads $2bn financing for Phoenix Tower International
Ares Management is leading a $2bn debt facility for Phoenix Tower International (PTI), as part of a broader $6.5bn financing package designed to refinance the telecom infrastructure operator’s…
- Ares Management leads $2bn debt facility for Phoenix Tower International.
- Financing part of $6.5bn package to refinance current debt and support expansion.
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Bill Gross recommends not having bonds in portfolio and being cautious with stocks
The current strategy of the investor and co-founder of Pimco is to preserve and protect.