Hints and tips:
...Triple-B [the lowest rung of IG] spreads are at about 120bp, whereas double-B high-yield is at 200bp. So you pick up 80bp from going from triple-B to double-B....
...Companies with double B or B plus debt ratings have received solid demand, while lower-rated single B and triple C rated companies have been forced to go to private credit lenders for financing....
...Class A stock, which is publicly traded, and class C stock received one vote for each share in the company....
...For British designer Edward Barber, who together with Jay Osgerby has worked with design companies such as B&B Italia, Knoll and Vitra, the disparity between low-cost and high-end design can be explained...
...The loan is secured on a) his equity in the fund b) a bunch of SoftBank shares and c) his personal wealth....
...b. Line of Credit: On multiple occasions, Bankman-Fried directed FTX to increase the amount by which Alameda could maintain a negative balance in its account....
...b) this person, whom the lawyers have not identified, is, like Mr Kulibayev, a member of the Forbes list of the 50 richest people in Kazakhstan c) the employees of Mr Kulibayev’s companies who worked on...
...(FT) The real M.B.Z Mohammed bin Zayed, the leader of the United Arab Emirates, lurks behind the scenes but is arguably one of the most powerful figures in the Arab world....
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...In the case of the single B sector, the absence of EM&M entails a tightening of 50bp since triple C and single B traded at their narrowest spread in late-April....
...It could either be a) CITIC Capital's January purchase of French beauty business Axilone b) Oaktree's sale of serviced apartment company SACO to Brookfield Asset Management for £430m in February or c) buyout...
...Question 2: To what use may GKN’s powder metallurgy be most usefully put in the automotive industry: a) reducing weight in transmission systems; b) boosting valve performance; c) raising £2.5bn to bung...
...currently held in an E*Trade brokerage account ending in the digits “0258” as security for Shkreli’s bond, pursuant to orders of the Court dated January 7, 2016, August 24, 2016 and October 19, 2017; (b)...
...As well as proposing to float with B shares that carry 10 votes for every class A single vote, it aims to have the right to issue non-voting C shares similar to those of Snap in last year’s notoriously voteless...
...The Oil and Gas Holding Company B.S.C., which is fully owned by the kingdom of Bahrain, has sold $1bn of bonds as a rush of unprecedented capital markets borrowing from the Middle Eastern region continues...
...Greece holds triple-C credit ratings from Moody’s, Fitch and DBRS, while S&P pegs it in the higher single-B category....
...The series B financing round takes the total raised by Ripple to $93m. Early investors in the company including Google Ventures, Andreessen Horowitz, IDG Capital Partners and AME Cloud Ventures....
...The rating agency had signaled in early May that it could lift Valeant’s lowly “B” rating – five notches below what is commonly called “investment grade” territory – but said on Wednesday that the revised...
...Chicago-based Argon Credit LLC co-founder and CEO Raviv Wolfe said in a bankruptcy court declaration that “liquidity issues” caused the company, which offers 12- to 60-month loans in amounts ranging from...
...You could pin this on the pre-release snafu… /C O R R E C T I O N — Valeant Pharmaceuticals International, Inc./ March 15, 2016 In the news release, Valeant Pharmaceuticals Reports Preliminary Unaudited...
...It seems at least possible that MS are underestimating a, loyalty based on long usage b, the benefits of a track record in an industry that can’t afford tech outages and c, the fact that the comprehensive...
...(b) Two-way volatility: the problem with the circuit breaker is it made investors feel trapped. Sell now, before the market freezes your equity....
...Asset value write downs during the coming results season c) further dividend cuts d) a total cessation of expansionary capex across the industry....
...According to Moody’s not only has the number of single B and triple C issuers surged post- crisis, but the proportion of issuers by count rated triple C is at all-time highs (27%, Figure 3)....
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