Spanish Repsol sells Argentinian bonds
Madrid - AFP
Spanish oil group Repsol has raised $2.0 billion with the sale of Argentinian government bonds received as payment for the nationalisation of its offshoot YPF, the company said. The sale, worth the equivalent of 1.47 billion euros, means that Repsol has received almost all the $5.3 billion in compensation it received in the form of bonds to settle a dispute over the nationalisation in 2012. Last week, Repsol sold a first bundle of the bonds to raise $2.8 billion. In a statement late on Tuesday, the bank said that given the current favourable standing of Argentinian debt on the sovereign debt market, it had arranged several bond sales via US bank JPMorgan.
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Bucharest - SANA
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Moscow - TASS
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London - DPA
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Spain - DPA
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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