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UK 30-year gilt yields hit 6% for the first time since 1998 as bond selloff deepens

Britain's 30-year government bond yields hit 6 per cent for the first time since early 1998 piling further pressure on the Chancellor ahead of the Budget.

UK 30-year gilt yields hit 6% for the first time since 1998 as bond selloff deepens

We haven't written up this one. This Is Money 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.
  • PTI manages over 33,000 wireless sites in 23 countries globally.

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