finance
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A JPMorgan Chase & Co.-led bank group boosted a leveraged loan offering for Warner Bros. Discovery Inc. to $10.2 billion as the media company looks to refinance short-term debt ahead of its planned acquisition by Paramount Skydance Corp.
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Form 6K Lloyds Banking Group plc For: 21 May
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Form 8K Federal Home Loan Bank of Cincinnati For: 21 May
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Celebrated tech banker lost influence over Elon Musk’s blockbuster listing amid stint in Trump administration
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Polymarket traders price SpaceX IPO in low-$2T range
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SpaceX is taking an unusual approach that could allow pre-IPO investors to sell sooner.
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Optimum Communications Inc., formerly known as Altice USA, is negotiating a new financing deal that could dilute the collateral backing its existing debt, potentially escalating a feud with a group of creditors it sued last year.
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Junk debt is beating just about everything else in fixed-income markets after surging yields wiped out gains on most other bonds. Yet with high-yield credit spreads near two-decade lows, investor unease is building.