Sony is making a significant return to the US investment-grade bond market after nearly three decades, with plans for a multi-billion dollar offering. This move comes as companies rush to secure funding amidst expectations of potential interest rate hikes by the Federal Reserve. The tech giant’s decision also reflects a broader trend of Japanese firms seeking dollar-denominated debt as domestic rates rise.
RR Kabel shares jump 10% as Q1 PAT surges 129% YoY, Ebitda doubles
RR Kabel reported a strong June-quarter performance, with profit after tax surging 129% year-on-year and Ebitda nearly doubling, driven by robust growth in its Wires