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...The bank also bought most of failed US lender First Republic last year....
...Public records show that the Delaware-registered entity Son used to buy the property, SV Projects LLC, mortgaged the house to secure a ¥10bn loan — worth $92mn at the time — from Japanese bank Mizuho to...
...The water monopoly has come under increasing financial strain as higher interest rates have increased the costs of servicing its £18.3bn debt....
...Artemis, whose other holdings include a controlling stake in luxury group Kering and auction house Christie’s, is planning to invest $2.8bn of its own money and have CAA borrow $425mn in loans, according...
...And frankly, the leverage, measured by total debt to ebitda, in high-yield bonds is lower than leverage in first-lien loans [the highest quality]....
...The Palmer Square Capital BDC is the first of a bunch of BDC IPOs in the pipeline, helped by the ravenous demand for non-bank “private credit” that Alphaville has discussed ad nauseam....
...Separately, it paid a $25mn penalty to the CFPB related to private student loan servicing practices. “Capital One is a healthy, well-managed, well-capitalised bank....
...It has emphasised its technology prowess in building a digital-first bank. While it has a credit card loan book of $137bn, it also has issued a significant volume of auto and commercial loans....
...The writer is founder of Fox Legal Training Much ink has been spilled about the degrading quality of investor protections in high-yield bond and leveraged loan agreements, also known as “covenants”....
...Private creditors received $185bn more in repayments than they disbursed in loans, the first time since 2015 that private creditors have received more funds than they put into developing countries....
...Théo Maret is an associate at Global Sovereign Advisory and writes a sovereign debt newsletter....
...Its revenues in the first nine months of 2023 were up 30 per cent to $3.1bn, although losses in the period widened from $104mn to $114mn....
...Investec has hired First Republic Bank’s Olivia Deroy for an origination and relationship management role on its new US private equity team, based in New York....
...First, US risk assets are relatively insulated from the Chinese economy....
...Bloomberg first reported the French probe on Friday. Altice declined to comment....
...Bloomberg first reported Ant’s bid....
...STC isn’t the first Gulf telecoms power to look to the west....
...Mobileum in December failed to make an interest payment on a portion of $540mn in floating-rate term loans....
...Japan’s Aozora Bank blamed souring US office loans today as it forecast its first full-year loss since 2009, in a sign of the rising stress in the American commercial property market....
...Hanig notes that the premium is larger for smaller loans. For half-billion-dollar loans where the likes of Apollo, Ares and KKR bid, he doubts whether there are excess returns to be had....
...“The fund will want to see first if Milei’s aggressive austerity plan is socially and politically sustainable, which is so far unclear,” said Sebastian Menescaldi, EcoGo associate director....
...Ranchers from New York state to California have been some of the projects’ first beneficiaries....
...A servicing company placed the loan on watch for possible default — although the Trumps have remained current on their payments....
...It ultimately turned to Goldman Sachs for the NAV loan and used those proceeds to pay off the junior loan....
...That is the first annual decline in corporate lending since 2015, when Europe was still emerging from a major debt crisis....
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