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...Thames Water’s immediate parent company Kemble Water Finance has a £190mn loan, which shareholders last week said they would be unable to repay when it matures on April 30....
...In late April 2019, just days after Japanese insurance group Tokio Marine announced it had acquired BCC, Lex Greensill requested that Brereton confirm the arrangement in a letter to be shared with BaFin,...
...One of Tokio Marine’s acquisitions, highlighted in a recent investor deck, was its April 2019 deal to buy the Bond & Credit Co, which provided $10bn of credit cover to Greensill Capital....
...RHS Urban Show; April 18-21; rhs.org.uk Find out about our latest stories first — follow @FTProperty on X or @ft_houseandhome on Instagram...
...By April 5, Thames Water’s parent group said it had defaulted on payments on a £400mn bond....
...Their resistance to rescuing the company by refusing to invest a further £3bn into the business — including £500mn due at the end of April — precipitated Kemble’s default earlier this month....
...Morgan Stanley and BofA will publish results on April 16. US banking editor Joshua Franklin and US banking correspondent Stephen Gandel have written a full preview....
...has privately informed the Japanese government of its opposition but the timing is embarrassing for the administration given that Prime Minister Fumio Kishida arrives for a state visit in Washington on April...
...Biden is due to host Kishida at the White House on April 10 when the plan is expected to be announced....
...From April 7 to mid-July 1994, Rwanda suffered the most sustained, rapid and focused mass murder since the Holocaust, with more than 800,000 Tutsis and moderate Hutus slaughtered by génocidaires from the...
...The six-week trial was scheduled to begin on March 25 but could now commence towards the end of April. Here’s more on the concession by Manhattan’s district attorney’s office. 2....
...★★★★☆ To April 6, anenemyofthepeople.co.uk...
...“The US guys were employed at will,” he said adding that they were due to start at Corinthia at the beginning of April....
...Assuming €9-11bn EV and our FY22E (30 April YE) DS Smith EBITDA of £937m (or €1,087m), it would imply Mondi being on >4x pro-forma 2022 net debt/EBITDA (FY21: 1.3x), which is above Mondi’s 3.5x debt covenant...
...Before then, £190mn of debt at Kemble is due April 30, which the company has said is unlikely to be repaid without new equity coming in....
...Born in April 1936, Rothschild was educated at Eton College before studying history at Christ Church, Oxford....
...The consultation closes on April 19....
...restructuring suffered a setback on Tuesday after a London court overruled an earlier decision that gave the green light to a plan designed to stave off insolvency.The Court of Appeal said that a lower court in April...
...The leader of South Korea’s leftwing opposition has been stabbed in the neck, throwing the country’s politics into flux ahead of parliamentary elections in April....
...That programme is due to expire in April, meaning the country’s new rulers are expected to need to return to the fund for more support....
...Industry figures said it was too early to gauge the size of the likely claims, but that the event would be a factor in another round of renewals on reinsurance contracts in April....
...The retailer has claimed that the evidence suggests Morgan Stanley’s “erratic behaviour” was “at least partly the result of snobbery”, and that the bank rejected it as an investment banking client in April...
...Three of the world’s biggest pornography sites — Xvideos, Pornhub and Stripchat — will from April be hit by new EU regulatory curbs....
...described the bank as having been “almost entirely reliant” on customers that were linked to its steel magnate owner, and had already censured Wyelands for “wide-ranging significant regulatory failings” in April...
...Wakeman’s latest take on the shorts suit, which will launch at the end of April, features all the typical formal tailoring elements: the jacket is fully lined, cut with a peak lapel; the shorts have a deep...
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