IPFS News Link • Currencies
American Barrick Issues $1.25 Billion In Debt To Further Reduce Gold Hedg
• The Golden TruthThe bond deal announced tonight, curiously several hours after the stock market had closed for the day, will be used to eliminate part of the $2.7 billion in floating-rate hedges that remained after last month's mammoth stock deal.
The nature of this latest financing tells me two things