Stitch 'n Bitch Groups
180, New York, 180, 180, 180
[b][url=http://www.perfecttiffanysale.com/tiffany-rings-c-4.html]tiffany & co[/url][/b]
tiffany and co
| tiffany and co | replica tiffany
| replica tiffany | tiffany co
| tiffany co
Exclusive: Qatari fund invests in BlackBerry debt offer - source By Dinesh Nair | Reuters – Wed, Nov 6, 2013
View Photo tiffany Reuters/Reuters - A Blackberry logo is seen through a cracked box in this photo illustration taken in the central Bosnian town of Zenica, September 24, 2013. REUTERS/Dado Ruvic
By Dinesh Nair
tiffany rings DUBAI (Reuters) - Qatar Holding LLC is among a handful of investors that have put money into BlackBerry's $1 billion (621 million pounds) convertible debt offering, a source familiar with the financing plan said on Wednesday.
tiffany co The Qatari sovereign wealth fund bought as much as $200 million of the offering, in which Fairfax Financial Holdings Ltd, BlackBerry Ltd's largest shareholder, has itself put in $250 million.
replica tiffany The embattled smartphone maker abandoned plans on Monday to sell itself and replaced its chief executive, sparking a 16 percent drop in its share price. It said it would raise $1 billion by issuing convertible notes to a small group of long-term investors, including Fairfax, which is run by investment guru Prem Watsa.
cheap tiffany The source said the Qatari fund was attracted to invest in the offering because of the size of the coupon offered.
tiffany rings A spokesman for Qatar Holding declined to comment. Fairfax and BlackBerry declined to identify other investors in the debt offering.
In recent years, Qatar Holding, the investment arm of the Gulf state's sovereign wealth fund, has emerged as one of the world's most prolific investors. It has bought stakes in large blue-chip names such as oil giant Royal Dutch Shell, jewelry maker Tiffany & Co and Germany's Siemens as it deploys the riches from country's plentiful natural gas reserves.
The fund, which is said to have an investment capacity of $30 billion to $40 billion every year, has been searching for investments in debt instruments that offer returns greater than plain vanilla bonds, according to bankers and asset managers doing business with the firm.
Qatar Holding has previously invested in contingent-convertible bonds issued by Swiss lender Credit Suisse and also participated in a 1.2 billion euros convertible bond offering by German automaker Volkswagen in June this year.
The fund has built a $1 billion stake in Bank of America Corp and also recently invested $200 million in Samsung Electronics, Reuters reported last week.
(Additional reporting by Mirna Sleiman; and Euan Rocha; Editing by Gerald E. McCormick; and Peter Galloway)
Best of Yahoo News story Why aren't there more female pilots? outlink Saudi arrested for giving 'free hugs … outlink Rome comes alive on XBox One outlink Test driver survives 190mph horror crash outlink Man hands out cash on street outlink 'Door to Hell' crater keeps burnin …
tiffany & co
co blog co About perfecttiffanysale.com blog
Reviews (0)Be the first to review this listing!