Hints and tips:
...As an artist, Swift toggles sensitive songwriter with celebrity dramatist....
...A great deal of golf – at least nine holes a day, six days a week, no matter where in the world he is – and boasts a handicap that toggles between four and five....
...Some investment bankers are old enough to remember learning how to build merger models in Excel that could efficiently toggle between “purchase” and “pooling of interests” accounting....
...Since news of her scientific breakthrough was published in 2012, she has learnt to toggle between the white coat of her lab work, building on that initial discovery, and her suited-and-booted role pushing...
...Owners could toggle between functions via the crown to display data on a subdial....
...Sit on it The humble tripod stool gets a luxe update from UK-based gunmaker and leather purveyor James Purdey & Sons....
...At Richard James, a little red shearling gilet was worn over a tweed suit: the answer was either/or....
...Data from S&P Leveraged Commentary & Data shows more payment-in-kind “Pik” and “Pik toggle” bonds, where issuers can roll up interest, than any time apart from 2007 and 2008....
...“Prado (White)”, a dazzling rectangle resting on the floor, also toggles between fixedness and infinity....
...Second, the parent of Interactive Data Corp started selling $350m of bonds where interest can be rolled up using a payment-in-kind toggle, the tool of choice for junk bond issuers in the credit bubble....
...Payment-in-kind toggles are back, letting borrowers pay interest only if they can....
...An Arab leader ranting on TV about fighting to stay in place has again spooked markets, notes the FT’s James Mackintosh....
...The new issue consisted of cash-pay and pay-in-kind toggle senior unsecured notes, both sold at steep discounts....
...The 10-year toggle notes - a risky type of debt that allows borrowers to incur additional debt in lieu of paying interest - offered a 10.375 per cent coupon....
...the bonds was divided into two tranches: the first was a $2bn sale of senior notes with a coupon of 10.25 per cent, priced at 95 cents on the dollar, while the second was a $1.75bn sale of “pay-in-kind” toggle...
...The banks funding the TXU takeover are expected to push for the inclusion of covenants into the loans, the removal of pay-in-kind toggle notes and higher interest payments to make the debt more palatable...
...Reporting by Joanna Chung, Peter Thal Larsen, Martin Arnold in London, Ian Bickerton in Amsterdam and Saskia Scholtes and James Mackintosh in New York...
...Additional reporting by James Politi in New York...
...Readers were able to toggle back and forth, comparing our guests’ selections with the FT’s. Our guests did not write or commission stories or headlines....
...The ubiquity of gadgets and media allows younger workers to toggle back and forth quickly between tasks for work and chatter with their friends....
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