Multinational telecommunications company CenturyLink Inc. said it will sell USD750 million in newly-issued unsecured senior notes due in 2023. Proceeds from the offering will be used to repurchase 2018 notes of its subsidiary Qwest Communications.
Breaking News
The Federal Reserve announcement that it would continue with its monthly bond purchases caused US stocks to drop.
Investors were forced to short sell, or sell securities it does not own, due to the prolonged partial government shutdown.
Europe's equities have earned better in the past week compared to the US stocks.
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