Hints and tips:
...His investment nous won him admirers among Wall Street royalty including Oaktree Capital Management co-founder Howard Marks and Blackstone’s Stephen Schwarzman....
...Years of low interest rates have attracted a wave of “tourist capital” into private equity, said Moakes....
...But in Tinseltown there looms a large windfall for some super-agents representing Hollywood royalty that is coming from one of the year’s largest deals....
...A spokesperson for Pall Mall Capital, the previous owner, denied that excessive debt was the downfall of the company, pointing to the fact that the company only paid £32,000 in cash interest payments in...
...If, due to rising interest rates or an unforeseen economic contagion, liquidity in credit markets does thin out, the music really will stop....
...Rio has funded Oyu Tolgoi LLC, the joint venture company developing the project, through shareholder loans....
...Newspapers would receive a small royalty payment every time an article was read on an internet platform....
...The 2021 deal outlook looks juicy with high valuations and low interest rates giving the new shareholders the shot at an auspicious start....
...The multi-millionaire tech entrepreneur rubs shoulders with the who’s who of the UK, including Virgin founder Richard Branson, prime minister Boris Johnson and even British royalty....
...But it also specialises in arranging corporate loans, underwriting equity issues and even securitising fast-food royalties for the likes of Domino’s Pizza and Dunkin’ Donuts....
...A reasonable maturity multiple for a business could conservatively be about 16 times earnings before interest and taxes, which means Spotify should more than double current sales to justify its price....
...By contrast, every time someone streams a song, Spotify is charged a fee and the more users it adds, the more royalties it pays....
...ABS Capital would get a royalty sharing agreement in the post-bankruptcy BCBG, allowing it to potentially recoup all its $54m investment....
...Royalty Pharma was founded in 1996 and has become the biggest player in the sector. It has interests in such well-known treatments as AbbVie’s Humira and Pfizer’s Lyrica....
...However, some old habits die hard: the group also announced “further enhancements to interest free credit offer planned from Boxing Day and into 2016.”...
...Why so much interest? The music-streaming market is growing rapidly....
...Its growth is attracting investor interest....
...It said it was exploring the sale of the company due to “going concern” issues, and warned that it could default on an interest payment of $1.8m due on December 31....
...“We are occasionally getting interest because music is a highly engaging type of media and its an attractive web property,” said Mr Wahlforss....
...Royalties would also be payable if products are successfully commercialised....
...In addition to a high rate of interest, the lenders have lots of collateral as well as 6 per cent of the royalties the ailing energy firm collects on the project for many years....
...The board and management team remain wholly focused on continued value creation and will continue to act in the best interests of our shareholders.”...
...●Katharine Dryer is moving to Jupiter Asset Management as a product specialist within the fixed interest and multi-asset team from BlackRock....
...the latest twist in a bitterly fought battle for control, the Dublin-based company said in a short statement on Friday that it was “proceeding with a formal sale process in light of the expressions of interest...
...Advisers to Elan had previously indicated they had received several expressions of interest from potential buyers, and would be seeking offers in excess of the $13.50 a share at which analysts have valued...
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