By Mike Gambale NEW YORK, May 7 (IFR) - Shell's jumbo US$10bn bond wastrading tighter across all four of its fixed-rated tranches onThursday, while Apple's US$8bn deal saw a mixed performance insecondary as its longer-dated bonds traded flat. Both deals priced on Wednesday. For related story, click on Following are secondary levels on each trade, according tobrokers. APPLE INC TRANCHE PRICED TODAY'S LEVELS US$750mm 2-year T+30bp +28/24 US$1.25bn 5-year T+45bp +44/41 US$1.25bn 7-year T+75bp +75/74 US$2bn 10-year T+100bp +100/98 US$2bn 30-year T+140bp +141/139 SHELL INTERNATIONAL TRANCHE PRICED TODAY'S LEVELS US$2bn 5-year T+60bp +54/52 US$2.75bn 10-year T+105bp +99/97 US$1.5bn 20-year T+120bp +117/114 US$3bn 30-year T+140bp +135/132 (Reporting by Michael Gambale; Editing by Natalie Harrison)
27 Oct 2022 07:30
Shell announces $4bn share buyback as Q3 profits beat expectations
(Sharecast News) - Oil giant Shell announced a $4bn share buyback on Thursday as it posted better-than-expected third-quarter profits.
