bond issue

Caterpillar to Issue Renminbi-Denominated Debt

Heavy equipment manufacturer Caterpillar is marketing a two-year 1 billion renminbi bond to institutional investors in Hong Kong. It's only the second multinational company to test the waters of the "dim sum" market, and its offering is five times the size of the first, a bond from McDonald's.

Unique Financing Keeps Airport Rail Link on Track

Work is moving forward on a new light rail link from downtown Denver to its airport, backed by an unusual combination of federal loans and private investment. The project will create thousands of jobs, and add a much-needed public transit option for reaching the nation's fifth-busiest airport.