Canadian Pension Saves in Bond Market by Being Boring
  • August 15, 2024

Canadian Pension Saves in Bond Market by Being Boring

(Bloomberg) -- Canada’s largest pension fund has found a winning formula to cut its borrowing costs: be more predictable.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Warehouse Store Promises Housing for South LA, in BulkBiden Invests $100 Million to Fuel Housing ConstructionThe Cross-Continental Race Using Only Public TransitCanada Pension Plan Investment Board started selling Canadian-dollar debt on a mo

Mars Credit Rating May Be Cut by Moody’s, S&P on Kellanova Deal
  • August 15, 2024

Mars Credit Rating May Be Cut by Moody’s, S&P on Kellanova Deal

(Bloomberg) -- Moody’s Ratings and S&P Global Ratings may cut Mars Inc.’s credit grades after the candy maker agreed to buy Kellanova for about $36 billion, including debt. Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Warehouse Store Promises Housing for South LA, in BulkBiden Invests $100 Million to Fuel Housing ConstructionThe Cross-Continental Race Using Only Public TransitMars’ A1 unsecured ratings we