Hints and tips:
...relief from other creditors....
...“I think it was relief — we went through this black hole and made it [out] the other side.”...
...A sale of the debt would come as a relief for the banks that have been forced to keep debt from Citrix and other leveraged buyouts on their own books when a rapid rise in interest rates sank credit markets...
...“You’re seeing pressure from the financial institutions to bring down debt levels and not provide additional debt capital. [2023] is going to be a difficult year.”...
...“They will help lower the replacement cost on houses and offer burden reliefs for homebuyers.”...
...relief....
...Koenigsberger said the situation reminds him of the 2010s when the G7 gave “extraordinary debt relief” to Iraq to help it recover from the war....
...Countrywide badly needs funds to pay down debt and continue a turnround plan started in 2018. It is looking to investors....
...Debt was another of Morrison’s pet hates, but supermarkets’ cash generation allows for high leverage....
...Law firm White & Case has added Daniel Abercromby as a partner in its Hong Kong global debt finance practice. He joins from Weil, Gotshal & Manges....
...Briefly Tesco said it will repay the UK Government the £585m of business rates relief it received following the Covid-19 outbreak....
...So far, Genesis says it has received $228m in relief and support from other federal and state sources — including the Cares Act passed by Congress earlier this year — more than enough to pay for its $213m...
...£250,000 from private investors within the past five years and the loans will automatically convert into an equity stake at a 20 per cent discount to the valuation set in the next funding round, unless the debt...
...No longer would Apollo confine itself to buying companies and loading them with debt....
...But in an interview last month, he presented Colony as a survivor, arguing that extraordinary relief was mainly needed to protect “the little people, not the big people — because the big people just restructure...
...Mr Pigasse’s departure — which he described at the time as “my next chapter beyond investment banking in a new entrepreneurial project” — was at least partially a relief for Lazard’s senior management who...
...We have never seen countrywide lockdowns to prevent the spread of a virus....
...The development would be a big relief for the likes of Airbnb and Expedia, another travel company that received backing from Silver Lake during the crisis....
...Boris Johnson, prime minister, on Monday imposed a countrywide lockdown that included a ban on gatherings of more than two people in public....
...There are early signs of this in data produced by estate agency Hamptons International, a subsidiary of Countrywide....
..., even if some of the regional bodies lack experience in co-ordinating relief efforts....
...Carlos Abadi is managing director of DecisionBoundaries, LLC, a New York-based international financial advisory firm....
...That need has passed which should (gradually) offer some relief, and with currently just £0.2bn of unsecured lending, over time, we anticipate an improving mix....
...This is the lowest level since October 22, when investors heaved a sigh of relief after Moody’s downgraded Italy by one notch, but gave the country a stable outlook, bucking investors’ fears that it would...
...The highly indebted poor countries and multilateral debt relief initiatives were developed by the World Bank, the International Monetary Fund and other creditors from 1996 onwards....
International Edition