Hints and tips:
...“There could be a middle road where PE firms still keep the whitelists in place but there are more triggers that allow for opening the whitelists than there are now,” said Eric Larsson, portfolio manager...
...“The directors considered it unlikely that there would be any breaches to the financial covenants contained with the senior facilities agreement and the bond note in the 12 months from the date of signature...
...Richard Zogheb, the global head of debt capital markets at Citigroup, said: “A lot of sponsors are looking at private credit as a mini bridge — [saying] ‘let me put this private credit deal in place and...
...We couldn’t immediately see a change of control covenant in this Hudson Pacific Properties bond prospectus, nor this one from Piedmont Operating Partnership LP....
...At the groundbreaking, which took place the day after Valentine’s Day, Schwarzman was pictured wearing a hard hat emblazoned with a blunt message: “BX <3 London”....
...And the affiliate can file anywhere where it has its domicile, principal place of business, or principal assets....
...Carlyle has argued that several breaches of financial covenants on the loan agreement by Esken since November 2022 meant the sum should be repaid by the middle of February — more than four years ahead of...
...“Unrestricted”, in this case, means they are not subject to the restrictions of the covenant package....
...He’s chosen to use RS3’s position (12th), which seems odd because OSRS is the bigger game, in 3rd place. Regardless, combining the two gives 1.7mn active players....
...They appear to have bought out Accolade’s debt for about 40 cents on the dollar, which would place it on a more solid footing....
...Watching it ignited sense memories of a place I have for too long tried to crush....
...I’ve asked JP Zammitt to assume the responsibilities of President of Bloomberg LP, Patti Roskill to be BLP’s Chief Financial Officer, and Vlad Kliatchko to be BLP’s Chief Executive Officer....
...With a promising M&A pipeline in prospect, and a lowly covenant leverage of 0.4 times Ebitda, we should expect further deals over the medium term....
...Steve and Pete, they founded this place (our founders!)In ’85 with 400k (oh yeah!)They had a dream of quick ascent (to the top!)Now a trillion under management (that’s a lot!)...
...Bridgewater, which in 2022 lost its place at the top of the all-time rankings to Citadel, fell a further two places to fourth, losing $2.6bn....
...Loose covenants for creditors have also become commonplace in the past few years....
...The shareholder meeting, which typically takes place in March or early April, is set to be a bruising one after Peltz’s Trian Partners said it planned to nominate two candidates to Disney’s board....
...Genesis ends with Joseph — heir of the covenant that God originally made with Abraham, promising him and his descendants protection and land if they followed God’s way — whose “dreams play out more beautifully...
...Answers to one decimal place. Which central bank’s logo features a detailed drawing of a zebra? 2....
...Our commitment to making the UK the safest place to be a child online is unwavering, as evidenced by our landmark Online Safety Act....
...Axel Springer defended the paying of a dividend when deep cuts were taking place in its German media division....
...Given the uncertainty that the legal process creates, it would have been better if TI had polled its shareholders in the first place....
...Part of the impetus behind the creation of Novata was to bring private market disclosure in line with developments on measurement and disclosure that have taken place in public markets in recent years....
...NAD+ has been one of the more buzzy “biohacks” for some time....
...Bloomberg LP declined to comment....
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