Hints and tips:
...The menu on Apollo 17 was limited....
...Private equity group Apollo recently expressed interest, while Paramount shares jumped as much as 13.5 per cent this week after media entrepreneur Byron Allen made a $14.3bn bid to buy all of the group’s...
...“Everyone is getting a pass right now, whether you are in the US or Italy, but there have been some signs recently that investors and rating agencies are starting to think about this again.”...
...Private credit’s investment-grade push A few private credit deals have caught DD’s eye as of late — earlier this month, Apollo bought $2bn of AT&T preferred stock, and last week KKR agreed to buy up to...
...Allen & Overy thinks it can do one better....
...What major economic data series did the Chinese state statistics agency discontinue earlier this year?...
...Once a niche industry, PE firms, which include giants such as Blackstone, KKR and Apollo, now hold almost $10tn in assets under management, according to a McKinsey study....
...rating agencies and data providers....
...While the rise of non-bank lenders such as Apollo, Blackstone and Ares has been a boon to many companies at a time when banks have retrenched, Moody’s says the “explosive” growth of private credit is storing...
...The average yield of corporate bonds graded triple C or lower by the major credit rating agencies — extremely risky debt already on the cusp of default — has tumbled from a March 2020 high of almost 20 per...
...But risks are brewing elsewhere, as credit rating agencies issue stark warnings on the junk bond and leveraged loan market....
...officer at rating agency Moody’s, said in a report on Monday....
...‘Perfect scenario’ Those look like V-shaped projections, Andrew Glenn thought to himself....
...The developers of Russia’s Sputnik V Covid-19 vaccine have demanded an apology from Europe’s drug regulator for comments made by the head of the agency likening having the jab to “Russian roulette”....
...He joins from Allen & Overy. Former US congressman Will Hurd has become a managing director at Allen & Company, according to his LinkedIn profile....
...Advised by blue-chip names Citigroup, Credit Suisse and Allen & Overy, it launched what it called a “pre-IPO” funding round....
...Both are collections of information that you explore at your own pace, where you are given agency to decide what merits your attention, making every visitor’s experience unique....
...expected to swoop for lossmaking Air India (FT) Tottenham Hotspur owner Joe Lewis lists Florida home for $14.95 million (WSJ) NYC’s iconic 21 Club to shut down (New York Post) China to prosecute rating agency...
...After such strong reads from the first two releases (three if we count Russia’s Sputnik V), the disappointing AZN figures were perhaps bound to prompt downward pressure on the company’s shares....
...It started last week when Swiss prosecutors controversially dropped legal proceedings against a trio of Russians who bank with UBS and Credit Suisse....
...Allen will be based in Washington DC....
...As of the middle of this year, a new agency has joined the saga — the FBI, which has taken over the investigation of the Springfield deaths....
...And then of course there are vehicles like the Apollo-linked Athene. That may lead people to think that the deep cracks in credit markets are only really hitting the buyside and not the banks....
...The credit rating agency issued a two-notch downgrade that cut SoftBank’s debt deeper into junk status, citing its “aggressive financial policy”. Son wasn’t going to take that lying down....
...“The risks in credit are clear, with fundamentals deteriorating,” said Henry Peabody, a portfolio manager at MFS Investment Management....
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