Sotheby's Rare Bond to Be Backed by Rembrandt, Warhol Art [Yahoo! Finance]
Barclays PLC (BCS)
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Source: Yahoo! Finance
Most Read from Bloomberg US Sees Imminent Missile Strike on Israel by Iran, Proxies US Slams Strikes on Russia Oil Refineries as Risk to Oil Markets Vietnam Tycoon Lan Sentenced to Death Over $12 Billion Fraud Chinese Cement Maker Halted After 99% Crash in 15 Minutes US Inflation Refuses to Bend, Fanning Fears It Will Stick Barclays Plc is in the process of marketing the asset-backed security — which packages 89 personal loans given to art collectors — and expects to price it by next week. The top five painters whose art will ultimately back the debt also include Pablo Picasso, Jean-Michel Basquiat and Frida Kahlo, the people said, asking not to be identified as the details are private. The total value of the art and other collectibles, which can include luxury items, is estimated to be about $2.85 billion, they said. Representatives for Sotheby's and Barclays declined to comment. Contemporary art makes up 43% of the aggregate estimated value, the people said. A fif
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- STARWOOD CAPITAL GROUP, CRESCENT REAL ESTATE AND HIGH STREET REAL ESTATE PARTNERS SELL 1 HOTEL AND EMBASSY SUITES NASHVILLE TO HOST HOTELS AND RESORTS [Yahoo! Finance]Yahoo! Finance
BCS
Sec Filings
- 5/3/24 - Form 6-K
- 5/2/24 - Form 6-K
- 4/25/24 - Form 6-K
- BCS's page on the SEC website