Hints and tips:
Related Special Reports
...Last year, Aramco acquired a 10 per cent stake in Shenzhen-listed Rongsheng Petrochemical for $3.6bn and entered a venture with two other Chinese companies to build a 300,000 b/d refinery and petrochemicals...
...In 2023, Stripe raised $6.5bn from venture capital investors including Josh Kushner’s Thrive Capital, Andreessen Horowitz and Peter Thiel’s Founders Fund, in a private stock sale that was one of the largest...
...Scotland has a more ambitious target of a B rating by 2032 on as many properties as is feasible....
...Typically, these are to either a) pay cash coupons; b) toggle to ‘pay’ bondholders with more debt claims, albeit with some additional penalty (even more debt claims); c) to PIK for a while then switch to...
...“It’s heavily skewed towards stuff . . . that’s been downgraded over time from single B.” Triple C issuers listed on Ice BofA’s index include Dish, the TV group that recently merged with EchoStar....
...Two of the groups, Silicon Valley venture capital firms Sequoia Capital and GGV Capital, decided in 2023 to split their operations in response to the push for tech investors to disengage from China....
...Bank of America, Barclays, Citigroup, Jump Trading, JPMorgan Chase, Morgan Stanley, Tower Research Capital and Wells Fargo are also investing in FMX....
...With its ambitions around artificial intelligence growing, the company warned of an unexpected leap in costs and capital investment, with no promise of exactly when the increased spending would pay off....
...The FT’s China tech correspondent Ryan McMorrow looks at chief executive Robin Li’s latest venture, in artificial intelligence, and whether this will be enough to turn the company around....
...The group of senior class A and subordinate class B bonds are securitised at the operating companies....
...Enterprise Ireland is by far Europe’s most active venture capital fund by deal count, according to PitchBook, a VC and private equity platform....
Why some penny stocks are trading more than shares in Tesla
...Rithm Capital — the firm that won out in the battle to buy Sculptor Capital last year — is in talks to be one of Neumann’s potential new financing partners this time round, two people familiar with the matter...
...Instead, they are a signal that rationality is slowly returning to venture capital....
...A version of this article was first published by Nikkei Asia on April 4 2024. ©2024 Nikkei Inc. All rights reserved....
...McClory, an Italian-American investment banker — and self-described venture philanthropist — who is also managing director, head of equity capital markets and head of China at US underwriter Boustead Securities.https...
...The FT’s venture capital correspondent George Hammond explains the potential pitfalls of this opaque marketplace and why investors will be rushing to it in 2024....
...That’s excited venture capital groups and private investors, such as Bill Gates and OpenAI’s Sam Altman. But the industry is also known for its boom-and-bust cycles....
...Information about return on capital and free cash flow growth are both required, just for starters....
...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....
...“Elon is hedging his bets,” said Christopher Tsai, chief investment officer at Tsai Capital, a Tesla investor....
...Josh Kushner’s Thrive Capital, among the most active venture firms, signed several large cheques for companies already within his portfolio last year....
...(c) 1 LOB (“Services”) = almost all of Citi’s market cap....
...Earlier this month, Fink revealed that he had finally found it with the acquisition of a private capital firm, Global Infrastructure Partners....
...The same is not true at the lower reaches of the credit spectrum, of course, and it is interesting in this context that triple C rated bonds spreads have not rallied to the wild 2021 levels....
International Edition