Hints and tips:
...The company last year had to explain its ownership of two Canadian forest logging licenses, arguing that it had agreements with sawmilling companies to transfer the rights to them and take the “residual”...
...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....
...We’re assuming (b) ended up winning there....
...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....
...More than half of single-B minus rated US companies would not be generating enough cash to cover their capital expenditure while servicing their debt by year-end, analysts at Moody’s project....
...Class B and D stock, which is nearly all owned by Refinitiv and its affiliates, receives 10 votes per share....
...When a courier received a receipt, all they saw was an anonymised route from A to B, alongside the number of miles and what they were paid....
...S&P has rated the bonds single-B minus, among the riskiest ratings it assigns....
...The iPads additionally serve as a flight briefing and logging tool. Before every departure, a team of planners prepares a briefing pack....
...When banks were racing to lend to companies and private equity firms at the start of the year, a US business with a lowly single B debt rating could expect an interest rate of roughly 4.74 per cent....
...The loan is secured on a) his equity in the fund b) a bunch of SoftBank shares and c) his personal wealth....
...“We’re worried about deteriorating macro conditions, and that’s traditionally not the time when investors deploy a lot of capital into the single-B [corporate debt rating] risk.”...
...The plaintiff was Cassie, the R&B singer, who alleged that Combs had raped her, beaten her and blown up a romantic rival’s car. Combs denied the allegations....
...Supermarkets and “variety discounters” such as B&M and Home Bargains have been undercutting it on staples such as deodorant, shaving products and toiletries, while online rivals and department stores are...
...The US WTI oil benchmark closed at $72.34/b. And it isn’t just crude....
...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....
...Tiger Global told investors more than half of the fund’s investments were in Series A or Series B deals, typically the first or second big financings for private tech companies....
...This edition features these stories from ft.com Boris Johnson moves to Plan B to control Omicron spread amid MPs’ anger DoJ notifies Deutsche Bank it may have violated US criminal settlement Big Four...
...Phillip Orlik is vice-president for sales and regional head for western Europe at Germany-headquartered medical devices business B. Braun....
...Exhibit B is our relentless demand. “We destroy the ecosystem to make shit we don’t need. Amazon — they’re shipping shit all over the world in boxes made from old growth forest.”...
...Tiger led the $1.8bn Series B funding round backed by about 30 investors....
...That will drag down the overall issuer rating to a B level. Analysts at the research group Covenant Review also highlighted some weak investor protections in the deal documents....
...You know, a lot of companies, when you get to a certain scale, have a good idea of what a given job will be worth in the market because a) they’re hiring, and b) they’re paying for this information from...
...Instead of logging thousands of air miles and checking in to glitzy hotels, the Brazilian tech group’s marketing blitz relied on a less flashy solution: video conferencing....
...Because both entities are deeply involved in this “space” and now need to a) feel better about themselves and b) guard against people going off crypto on the grounds that it is actually a Very Bad Thing....
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