debt management

UBS retires $7.9B in Credit Suisse bonds in record buyback

UBS Group AG announced on Friday that it is repurchasing $7.93 billion of legacy Credit Suisse bonds, its largest single move yet to shed the debt burden inherited from its 2023 government-brokered rescue of the rival Swiss lender.

Bayer sells €3 billion contraceptives stake to Apollo

Bayer announced on Friday that it has secured €3 billion ($3.4 billion) in equity capital from funds managed by Apollo Global Management through a deal involving its long-acting reversible contraceptives business, as the German conglomerate moves to shore up a…