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...The planned downgrade would have taken their financial strength rating down three notches, from B++ to B-, they said....
...The £1.3bn of so-called class B debt, which is still inside the ringfence but has a lower-ranking claim on the company’s cash flows, could be hit with even deeper 35-40 per cent impairments....
...The Project Timber analysis suggests that the smaller share of creditors, who hold “Class B” debt — and own about £1.6bn of the Thames Water operating company’s borrowings — would probably lose 35-40 per...
...Traders are marking a riskier £250mn “class B” bond at little over 60 pence in the pound....
...No mention of the B-word, then....
...This year the oil company decided it had had enough. 4....
...Here’s more on the big policy reversal by the world’s largest oil company....
...Marquis — whose previous book on B Corps argued for the transformative power of purpose-driven companies — suggests we could be ripe for a paradigm shift....
...“Ultimately, Fed hikes and tighter financial conditions will continue to increase delinquency rates for consumers, increase default rates for companies and put downward pressure on loan growth,” he said....
...Baker Tilly secured a $1bn investment led by H&F in February....
...Despite this thoughtful piece of temporal UX design by Julius Caesar, the end of February can still prove problematic for some companies (h/t to the eagle-eyed folks over at AlphaSense)....
...Accounts filed at Companies House this week for Cambridge Retail Group Holding, which was incorporated on December 21 2021 as a vehicle for the acquisition of Selfridges Group, the owner of the various retailers...
...On Sunday Usher, the R&B star whose hits dominated in the 2000s, anchored a half-time show with appearances by collaborators including Alicia Keys, H.E.R. and Ludacris....
...Ship-owning companies are frequently incorporated in a country other than their ships’ flag states....
...It might apply to FTSE 100 members including IAG, Glencore and B&M (incorporated in Spain, Switzerland and Luxembourg respectively) but is unlikely to apply to Danish-listed Orsted or Getlink of France,...
...‘B-movie general’: The families of Israelis being held by Hamas have heaped criticism on the retired army officer who is managing the hostage crisis....
...Mayo-gate, when investor Terry Smith launched a scathing attack on Unilever over its purpose-driven mayonnaise....
...Among the most expensive approved gene therapies are uniQure’s haemophilia B treatment Hemgenix, at $3.5mn and Bluebird’s thalassaemia drug Zynteglo, which is priced at $2.8mn....
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week. Monday Greece: Independence Day....
...Speaking from her studio in Oregon, she tells me she resorted to lurking in record company reception areas and studio car parks to get her foot in the door....
...Smith, a partner at US law firm Herrick, Feinstein....
...One day I joined a hiking tour into Taha’a’s interior in the company of guide Teva Ebbs....
...Karim had incorporated the manufacturer of carpet underlay four years earlier in 2006, listing his address as Gordon Street in Keighley. Are the two Batash Karims the same person?...
...You would think it was part of a script from a budget B-movie if it wasn’t so true”....
...Which of the following was not a pre-bitcoin digital currency: B-Money, HashCash, Internet Money, Bitgold, Beenz?...
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