Hints and tips:
...“They need to find some solution to get their capital structures amended and extended. They’ll possibly need common equity or a more bespoke piece that a firm such as HPS can offer.”...
...Share your ideas with us at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...Now coronavirus is testing publishers big and small, digital and those still reliant on ink....
...Earlier data increases our economists conviction in a V-shaped recovery: Economic data in aggregate have continued to surprise to the upside, building our confidence in a V-shaped recovery....
...Appearing via video link from a locked down Madrid, Ms Botin said those estimates were based on a “V-shaped” recession — a sharp shock followed by a rapid recovery, but stressed this was only one possible...
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...It continues: “The independent review being undertaken by Freeh Group International Solutions LLC, announced on 17 January 2020, is proceeding....
...Yet access to capital and legal advice for companies is often unaffordable....
...This is a particular problem given that the UK is increasingly reliant on private DC pension provision....
...In October, the US Treasury delivered a comprehensive report on capital markets to President Donald Trump that included recommendations on market data....
...Francisco Rodríguez, chief economist at Torino Capital in New York, said Mr Maduro’s economic policies were starting to “veer further into the unconventional”, while Henkel García, an analyst at Econométrica...
...Following back-to-back sessions of late-night debate, the island’s House of Representatives passed legislation giving governor Alejandro García Padilla the power to declare a state of emergency and halt...
...David Blanchflower, Bruce V. Rauner professor, Dartmouth College A fall in migration would have very negative effects on the public finances and growth....
...Banks will then have just two weeks to come up with plans to plug any capital holes the regulator finds in their finances....
...It is also far less reliant on deposits for funding, and the scale of its importance to the domestic economy doesn’t rival that of the Cypriot banks....
...From Aleksei V. Mozhin (Russia): The Cypriot economy suffered a major blow from the collapse of its two largest banks....
...Angela Merkel described ideas to immediately reduce the yields on Spanish and Italian sovereign debt as “eyewash and fake solutions”....
...Benchmark Solutions, started in 2009 with backing from Warburg Pincus, a private equity group, is seeking to improve price transparency in fixed-income markets....
...It reminds us of Texas Competitive Electric Holdings Company LLC (TCEH) in 2011....
...Citigroup published a note on Thursday lauding the asset-backed securities (ABS) market for “continuing to exercise leadership in capital market solutions.”...
...● Principal Global Investors has recruited Philip Garcia as head of client relationship management. He joins from T Rowe Price....
...The axing of capital projects by governments is not yet a reality. When it finally arrives, it will put acute pressure on them to devise novel solutions....
...He says lenders are opting for short-term solutions – avoiding big writedowns on their loan book or refusing to inject fresh capital into companies – while hoping conditions rebound soon....
...So in dealers’ eyes options V and VI shared the advantages of being the simplest and most palatable options – an obvious mismatch with the ratings agencies....
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