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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Paris - Emiratesvoice
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Beirut - NNA
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Paris - Emiratesvoice
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Taipei - Emiratesvoice
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Paris - Emiratesvoice
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to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
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