Hints and tips:
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...It limits credit risk and is available on the exchange.”...
...They’re poised to lose almost everything as Vice prepares for a deal to sell the business to a consortium of lenders including Fortress Investment Group and Soros Fund Management....
...Brookfield has gone from a white knight to a thorn in his side....
...Here is the company statement that went out on Friday: NEW YORK, November 18, 2022 — Sculptor Capital Management, Inc....
...Let us know what you think at imani.moise@ft.com and sid.v@ft.com. A programming note: FintechFT will take a one-week break in observance of the Easter holiday. The next issue will be April 25....
...In 1973, with the Roe v....
...Apollo Global Management has hired Craig Farr as a senior partner to lead its capital solutions business....
...Credit markets also tallied losses, with a closely followed fund that buys junk bonds, known by its ticker HYG, declining 0.7 per cent....
...His comments, which follow warnings from regulators and analysts about zombie loans and under-reported credit costs across the regional banking sector, come as Japan is poised to enter its fifth year under...
...Investors have started to feel uneasy about the $55bn it carries in net debt while others, like Apollo Global Management’s hedge funds, are seeing it as an opportunity to short its credit....
...The company will also be able to restructure its large debt load, swelled by the 2006 acquisition of rival Knight Ridder for $4.6bn....
...Lentz joins from Thompson & Knight. Latham & Watkins has hired Meghan Cocci as a partner in the law firm’s corporate department....
...On the last Sunday of April 2019, a sleek Gulfstream V jet belonging to Occidental Petroleum touched down at Omaha airport....
...An events arb at Louis Capital Markets writes in a hurry: Credit rating + Management Gap mean Clariant needs a deal / Question is will they try another nil-premium merger of equals or will they find a suitor...
...It gets straight to the point: We now assume an L-shaped RevPAR recovery (previously V-shaped), based on Jefdata consumer surveys, corporate guidance and industry forecasts. .....
...WPP will also reduce is planned capex from £400m to v£300m....
...Smart reads Germany Inc The increasing plight of Germany’s corporate sector is no coincidence, writes the FT’s Olaf Storbeck....
...The four new hires were announced by Nat Zilkha, the KKR head of alternative credit who will serve as Gibson’s chairman....
...I even recommended it to our management team at Columbia....
...Credit Suisse was the sole underwriter of the Social Capital flotation. Shares were allocated to a concentrated group of investors, including mutual funds, hedge funds and sovereign wealth funds....
...The active management of legacy fleet costs is a really big thing....
...“Does the company remain committed to debt reduction or move back to a more growth-focused approach,” said Liam Fitzpatrick, analyst at Credit Suisse....
...John Rogers, credit analyst at Moody’s, called the results “not great” and said prospects for another year of large crops meant continued pressure....
...Three smaller deals which priced in 2016 — Paragon Commercial, Midland State and Argentina’s Grupo Supervielle — are all up....
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