Universal Health Services Inc., the operator of more than 100 U.S. hospitals and other medical facilities, plans to sell high-yield, high-risk notes as Treasury-bond yields have fallen to their lowest this year and investors shun the stock market.
Lloyds Banking Group Plc sold 546 million pounds ($828 million) of top-rated bonds secured by loans to small and medium-sized U.K. companies in the first deal of its kind since the start of the credit crisis.
Dexia SA , the largest lender to local governments in Belgium, borrowed more than any other bank from the U.S. Federal Reserve’s discount window during the week in October 2008 when use of the program surged to a record.
U.S. Federal Reserve Chairman Ben S. Bernanke ’s two-year fight to shield crisis-squeezed banks from the stigma of revealing their public loans protected a lender to local governments in Belgium, a Japanese fishing-cooperative financier and a company part-owned by the Central Bank of Libya.
Lloyds Banking Group Plc has tried and failed for almost six months to sell a portfolio of shipping loans worth between $8 billion and $12 billion, Lloyd’s List reported, citing bankers it didn’t identify.