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...Altice France has just over €20bn of secured debt and €4bn of riskier unsecured debt that does not have a direct claim on its assets....
...In 2018, EG handed the companies €39mn in unsecured, interest free loans which they used to buy the jets, the Financial Times reported in 2022....
...Those bondholders will be able to convert the senior unsecured debt into equity at between a 10 and 20 per cent discount to Telegram’s IPO price if a float takes place before the end of March 2026 — an incentive...
...Moody’s downgraded Boeing’s senior unsecured debt rating to one notch above junk with a negative outlook, citing “inadequate performance” of the company’s commercial planes business....
...The Body Shop collapsed owing almost £50mn to unsecured creditors, who face being left out of pocket, as the administrators pursue a company voluntary arrangement in a bid to keep the retailer’s shops open...
...India’s central bank has moved to curb rising stress in the burgeoning market for unsecured consumer loans, hitting fintech lenders such as Paytm who had been increasingly relying on riskier borrowing for...
...The Body Shop collapsed owing almost £50mn to unsecured creditors who face being left out of pocket as administrators pursue a company voluntary arrangement in an effort to keep the retailer’s remaining...
...Wilko collapsed owing an estimated £548mn to unsecured creditors, including its own pension scheme and suppliers such as Unilever, Procter & Gamble and Akzo Nobel, who face being left almost entirely out...
...With unsecured borrowing now closed to the company, SBB has had to seek alternative financing. For example, SBB borrowed via US private debt provider Castlelake for €450mn in February....
...The luxury brands are among more than 500 unsecured creditors to Matches, the ecommerce site bought by Mike Ashley’s Frasers group in December and which was placed in administration last month....
...Growth in unsecured lending in India now forms nearly 10 per cent of total banking sector loans, according to S&P Global Ratings, which labelled the amount “excessive” in a March report....
...The bank said on Friday that it would take on Tesco Bank’s credit cards and unsecured personal loans, totalling about £8.3bn of lending balances....
...Barclays said on Friday that it would take on Tesco Bank’s credit cards and unsecured personal loans, totalling about £8.3bn of lending balances....
...Regulators have reportedly looked at allowing banks to offer unsecured short-term loans to developers for the first time....
...Later on Wednesday, citing the “inadequate performance” of Boeing’s commercial planes business and its hampered cash flow, Moody’s downgraded its senior unsecured debt rating to one rung above junk status...
...In a separate data breach in May, files containing details on local council benefit payments were left exposed on an unsecured Amazon data bucket, raising concerns over the company’s storage safety measures...
...Arrival owes about £87mn to secured creditors, £2mn to preferential creditors, and a further £102mn to unsecured creditors, the document shows....
...malfunction comes amid a series of mishaps in other Nato armed forces, including a UK nuclear missile failing a test for the second time in a row and Germany’s obsolete communications systems and use of an unsecured...
...Acquiring Tesco bank for £600mn last week, which boosted UK unsecured lending exposures, offers a hint of this shift. Even without added capital, the investment bank can produce more profits....
...In contrast, unsecured loans from unregulated lenders, such as those offering buy now, pay later (BNPL) products, have jumped in recent years, according to research from credit-checking platform ClearScore...
...At the end of January, prime funds held more than $310bn in unsecured and asset-backed paper, or roughly one-quarter of the entire market, according to Federal Reserve data....
...Unlike unsecured interbank loans, there is a whole ton of volume in the market for Treasury repo....
...At this point, readers may be wondering: “Who is insane enough to lend £14.7bn unsecured?” which is a fair question....
...A turn in the credit cycle could mean a new flow of non-performing loans, with some signs of weakness in jobs markets and strains in unsecured lending....
...This form of unsecured lending allows users to pay in several interest-free instalments. Its popularity is surging. BNPL use on Black Friday was 30 to 40 per cent higher this year....
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