Raghavan Seetharaman News
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Doha Bank QSC, the best-performing bank stock on the Qatar Exchange over the past month, opened an office in Australia to take advantage of growing trade between the two countries, Chief Executive Officer Raghavan Seetharaman said in a phone interview late yesterday from Sydney.
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Doha Bank QSC , Qatar’s third-biggest bank by revenue, aims to sell bonds by the end of this year in both dollars and the local riyal currency, the lender’s chief executive officer said.
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Doha Bank QSC, Qatar’s fifth-largest lender by market value, may make an acquisition before the end of 2012 as part of a broader plan to expand, Chief Executive Officer Raghavan Seetharaman said.
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Aircastle Ltd ., the commercial- aircraft lessor, is marketing debt as companies sell corporate bonds at the fastest pace since April.
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Doha Bank QSC, Qatar’s fourth- biggest by assets, may raise as much as 5.81 billion riyals ($1.6 billion) from selling shares as it seeks to boost lending and expand in foreign markets.
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Continental Airlines Inc., poised to merge with United Airlines to become the world’s biggest carrier, is marketing five-year notes as debt sales surpass $10 billion for the third day in a month.
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PHH Corp ., the mortgage and auto- leasing company, is marketing high-risk, high-yield debt as corporate bond sales have the busiest start to a week since March.
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Accuride Corp., the Evansville, Indiana-based maker of wheels for trucks and trailers, is marketing debt as high-yield, high-risk issuance surpassed $1.7 billion for the second time in a month.
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Diamond Resorts Corp., the time- share company with destinations in North America, Europe and the Caribbean, is marketing high-yield, high-risk debt as sales of the securities jumped to the most since March.
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Chemtura Corp ., the bankrupt plastic-additives maker, plans to sell high-yield, high-risk debt as junk issuance is poised for its busiest week this year.
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