Hints and tips:
...Bond yields rise when prices fall....
...Luxus, founded by former Blackstone veteran Dana Auslander, is trying to catch this trend by bringing diamond investments to retail investors at a lower price point....
...He will be replaced by Fox veteran Dana Walden. Eduardo Gallardo has joined Paul Hastings as global co-chair of M&A. He joins from Gibson, Dunn & Crutcher....
...An English court ruled that obligations under the sukuk were binding and Dana Gas had to pay its holders....
...Recipients then choose other Detroit artists to receive a $1,500 grant, a move he says aims to strengthen local bonds....
...It’s a big market, and there’s so much white space in it,” said Dana Gibson, senior managing director at Macquarie and non-executive director of Goodstone....
...It is a thrilling story but only part of a perhaps more remarkable journey, from poverty in the remote village of Dana, central Nepal, to being feted at a New York premiere....
...The government is also fuelling the trend, recently announcing it would launch green bonds, to be offered to retail investors through National Savings & Investments, the state-backed savings scheme....
...Dana Vashdi, from the University of Haifa, and others were studying team processes at a healthcare manufacturer in Shanghai when the pandemic struck China in January....
...While the oil and gas patch already was a weak link in the junk bond arena, a default cycle is plausible with $20-$30 per barrel levels....
...an age where founders are more and more identified with their companies . . . they can’t ensure he won’t embarrass them but they can ensure he does things that improve their image in the future,” said Dana...
...Dana Gas had been locked in a dispute with its creditors for a year over the repayment of a $700m sukuk — a type of Islamic bond — that Dana Gas said would be unlawful to pay as the debt was no longer compliant...
...On Thursday, the European Central Bank said would end its crisis-era stimulus progamme this month, although it will still reinvest in the region's bond markets....
...The number of companies engaging in environment, social and governance-focused investment or issuing green bonds is rising dramatically. Japan’s Government Pension Investment Fund is one of them....
...A UK court late last year ruled in favour of bondholders, including BlackRock and Goldman Sachs, who claim that under English law Dana Gas has to repay the bond. Legal proceedings are ongoing....
...Dana Gas is yet to back down in its stand-off with its lenders, despite two rulings against it in the English high court. “Dana Gas is the most spoken investment,” said Mr Firdaus....
...Mr Justice Leggatt ruled on Friday that certain terms of the English-law bonds obliging Dana Gas to repay bondholders were valid....
...Dana Gas, a UAE-based energy company, raised a challenge to the lawfulness of an Islamic bond agreement “in order to avoid its obligations upon maturity of the Sukuk,” it was claimed in the High Court on...
...A high-profile London court case over a $700m Islamic bond will go ahead next week without Dana Gas, a United Arab Emirates-based energy company, the High Court has ruled....
...Half of the $700m sukuk is structured as a convertible bond which will swap into Dana Gas stock under certain scenarios....
...Dana Gas has proposed a restructuring of the bonds so they would be exchanged for sharia-compliant bonds, but the new debt would offer right to profit distributions at less than half that of existing bonds...
...Barclays had been an advisor on GKN’s sale of its Driveline auto parts business to US peer Dana....
...Dana Gas, an energy company based in the United Arab Emirates, is pursuing its claim that a bond that was first sold to international investors, including Goldman Sachs and BlackRock, no longer complies...
...UAE-based energy company Dana Gas has rejected an offer by its creditors to restructure $700m of Islamic bonds after the company declared its sukuk “unlawful”, in a case that could have wider implications...
...On Wednesday night, CNN broadcast a two-hour town hall meeting where students and teachers excoriated Marco Rubio, the Florida Republican senator, and Dana Loesch, an NRA spokeswoman, for their opposition...
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