Hints and tips:
Related Special Reports
Creditors holding £5bn of debt have been spooked by default of parent company this month
Lee Robinson’s expertise was ‘like having Lionel Messi on your team’. Now his relationship with Warrington is under scrutiny
...Asked by one bondholder whether Altice could rule out forcing creditors to take part in these proposed debt impairments, Okhuijsen replied: “I don’t think we can exclude anything” and that “if you do the...
Move comes as authorities face $9bn in legal claims over rescue of failed bank
Bank of China and ICBC in a group of four banks behind £190mn loan that matures end of April
...If this wasn’t provocative enough, bondholders were then told that they should brace themselves for haircuts....
...He added: “I don’t think it’s the model which is the issue per se, it’s the shift in the regulatory and political landscape.”...
US manager known for aggressive approach bets markets are too pessimistic about potential losses on utility’s debt
Formal notice to bondholders fires starting gun on complicated debt restructuring
Financier had tried to back out of 2020 deal to buy half of Global Champions citing financial difficulties caused by the pandemic
...“I can’t say it was that memorable, as neither of us remembered it,” he said....
Australian group had been criticised for loading UK utility with debt
Investors calculated that it would take £8bn of fresh equity to comply with Ofwat conditions
UK’s biggest water utility, the government and Ofwat are at an impasse over its finances
Investors say regulatory conditions make utility’s business plan ‘uninvestable’
...The crash suggested the protection around the bridge’s piers — or main supports — from ships was “inadequate”, said Robert Benaim, a fellow of the UK’s Royal Academy of Engineering....
...And for now, at least, the conflict hasn’t grown beyond what traders were expecting at that point a couple of weeks ago....
Esma levies rare penalty against Scope over failures to manage conflicts of interest
...“No matter how quickly the channels can be reopened, we know that it can’t happen overnight. And so we’re going to have to manage the impacts.”...
Government contingency plans could see bulk of debt taken on by state with utility split in two
...There is the po-faced party member who has taken the surname Smith-Smith; she insists on keeping her maiden name, even though it is the same as her husband’s (she has also worked out which Smith comes first...
From Tony Smith, Bishop’s Stortford, Hertfordshire, UK
...Miles Roberts, DS Smith chief executive, said: “The combination with International Paper is an attractive opportunity to create a truly international sustainable packaging solutions leader that is well positioned...
International Edition