HCA taps bond market for bn dividend
HCA, the hospital operator taken private during the buyout boom in 2006, on Tuesday announced plans to sell about $ 1.5bn of junk bonds to help pay for a $ 2bn dividend to its sponsors in the largest such deal since 2005.
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Hungary Plans to Impose New Industry Levy After Crisis Tax Expires in 2012
Hungary may extend special levies on selected industries beyond the planned expiration date, fueling investor concern that the government won’t cut spending. The benchmark stock index dropped the most since July.
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