What to Do with Gilead Sciences (GILD) Stock Right Now?

What to Do with Gilead Sciences (GILD) Stock Right Now?

HealthInvest Partners AB is the investment management company of HealthInvest Small & MicroCap Fund. HealthInvest Partners recently released its April month Investor Letter, a copy of which you can download here. HealthInvest Small & MicroCap Fund rose 9.1% in April, which was broadly in line with its benchmark index. You should check out HealthInvest Partners […]...

American Air Kicks Off $2 Billion Junk-Debt Sale for Liquidity

(Bloomberg) -- American Airlines Group Inc. launched a $2 billion junk-debt offering on Monday as it looks to shore up liquidity amid a hesitant return to flying during the pandemic.The company is marketing a $1.5 billion secured junk bond maturing in 2025 and a $500 million four-year loan, according to people with knowledge of the matter. Based on initial discussions with investors, the loan is being offered at a spread of 9.5 percentage points over the London interbank offered rate and at a discount of between 95 cents to 96 cents on the dollar, said the people, who asked not to be named discussing a private transaction.The debt will be secured by slots, gates and routes across the world in the United States, Latin America, Asia, and Europe. The company was sounding out investors last week for a potential five-year secured note at a yield of 11%, according to other people...