RE: NGD Notes 6.25 % Hey Telemarker,
According to the Financial times
Global corporate debt issuance is still on course for a record this year at more than $1.7tn compared with $1.5tn raised in the whole of 2011, according to Dealogic. Around $90bn was raised in the first two weeks of November.
Borrowing 500 million U.S. is actually a short position on the USD, if it corrects in the coming months
NGD management will look like Rock Stars................