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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI US Inflation Insight: Softer Housing Helps Ensure Dec Cut
MNI INTERVIEW2: Poland To Push For EU Defence Fund
STC Group Reportedly Weighing Offer For United Group (B2/B+); EUR Bonds Move Higher.
• Reuters sources report Saudi Arabia's STC Group is considering an offer for United Group, potentially valuing it around EUR 8bn, including debt. BC Partners, which acquired United Group in 2019, is working with advisors on the sale.
• Move aligns with STC’s prior expansion into Europe by acquiring a stake in Telefonica and United Group’s tower assets in Bulgaria, Croatia, and Slovenia.
• UAE-based E& was previously reported to be interested in United Group though they downplayed the speculation in early May.
• EUR lines have moved higher on the report, EUR 31s are close to 1pt richer. Can't see the paperwork but BBG indicates change of control covenants at 101 on most lines.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.