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...The group is burdened with £3.7bn of net debt....
...GIC took a 25 per cent stake in CitizenM five years ago in a deal that valued the business at €2bn including debt....
...Even I don’t have the full picture yet,” she said — but insisted that failure was “not an option”....
...The company has also accumulated a significant debt pile as a result of its woes on the continent. The group’s gross debt was £251mn at the end of 2023....
...Concord’s offer on Wednesday will again throw the future of the music rights company into question, with those close to Blackstone saying the private equity group was considering its options....
...On Saturday, Blackstone said it “remains confident in the enforceability of the [HSM] option”....
...We also excluded companies with a free float of less than 75 per cent and those with leverage ratios — net debt to ebitda — of more than three times....
...Ghana has been different because it owes less than a tenth of its external debt to China, but it has still been a complex debt restructuring with an array of creditor groups....
...The Financial Times on Thursday revealed Kemble’s creditors include two Chinese state-owned banks, part of a group of lenders that were involved in a stand-off over extending a £190mn loan due at the end...
...ByteDance’s US investors include private equity company General Atlantic as well as Susquehanna International Group, Sequoia Capital and Coatue Management....
...To be sure, it had no easy options. And more recently, there are signs that its efforts have been rewarded....
...I knew what options were and I could code them into a computer, on a five-inch floppy disk. I landed at Drexel Burnham and was working with the money market group....
...The two ex-partners are considering their options to reclaim money they believe is owed to them by Social Capital, which includes tens of millions of dollars of carried interest in its funds, according to...
...Failing that, SBB may have to raise equity using the group’s very depressed share price, another expensive option....
...But absent deep debt capital markets, companies have little option but to channel all their financing needs through the banking system....
...Becky Worthington, its chief financial officer, told the FT that it was looking into options for another £900mn of debt it aims to extend or refinance before the end of the year....
...The company’s board is close to announcing the result of a strategic review, which is looking at a range of options for the future of the group including a wind-down and sale of its assets....
...It said US asset management group Apollo had committed to providing financing for the acquisition through debt and a minority stake in the bidding vehicle....
...But it could well leave the investors stuck with some or even all of the debt — around £18bn in the case of Thames Water....
...Raising more debt is not necessarily an option. Greencoat UK Wind’s debt of £2.4bn is equivalent to 38 per cent of its gross asset value, close to a self-imposed limit of 40 per cent....
...Grifols’ disclosed net debt at the end of June last year was €9.4bn....
...“The team didn’t have any option other than to automate things at an extreme level,” Durov explains. “As a result, we became so greatly cost efficient.”...
...RedBird IMI now owns £600mn of debt behind the group, which carries an option to convert into equity ownership that RedBird IMI can no longer use....
...The elevated interest in credit markets has other asset managers exploring their options....
...Frankly, a special administration might offer a cleaner proposition to invest new funds, with a slice of the group’s £18.3bn debt pile removed....
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