Hints and tips:
...The company had previously been seen as a candidate for a UK initial public offering....
...Companies with a mountain of debt that comes due in the next three years are turning to the burgeoning $1.5tn private credit industry to avoid defaults and messy bankruptcies, taking out high-cost loans...
...He also said he was holding credit default swaps on companies likely to be placed under financial stress by a recession....
...Private equity-owned German real estate lender Aareal Bank warned there was “more to come” after one in four of its US office loans went into default last year....
...The glossy Condé Nast title has a list of more than 40 must-have bags for the “accessible” set. Just one bag from the two companies made the list....
...The person close to CVC said that this may inform the company’s approach, saying that Jagex may develop a new survival title that combines SCUM’s game model with RuneScape’s IP....
...Currie, whose title will be chief strategy officer of energy pathways, joins several other former Goldman Sachs executives hired by Schwartz, who himself was a top executive at the investment bank before...
...That’s because both make floating-rate loans to (mostly) junk-rated companies that aren’t quite big enough to easily tap bond markets....
...“Carlyle will take all necessary steps to vigorously defend its investment in light of the defaults that have occurred.”...
...“Esken is disappointed that CGI has chosen to take this action based on purported technical defaults,” the company said, adding that it was making “good progress in addressing the maturity and terms of”...
...Will Elon Musk default on X’s debt? Everything is fine, according to Elon, anyway. Expect to hear more about how X is really AI. Can Jane Fraser stop the bleeding at Citigroup?...
...This relationship suggests the existence of a common shock that typically affects both defaults and GDP growth rate as opposed to a causal link running from defaults to growth....
...High profile defaults have included office complexes in Washington DC and Los Angeles....
...All of these risks are remote right now, and might not crop up even in a bad default cycle....
...I’ve never used a title in the company, so I won’t change what I’ll be called — just “Mike.” We all can’t wait to get going. Thanks as always for everything you do....
...The bill’s title says it all: the Stop Wall Street Looting Act....
...across the US and portfolio managers pencil in an increasing number of defaults....
...“I’ve never used a title in the company so I won’t change what I’ll be called — just Mike.”...
...But too many defaults could make life difficult for creditors....
...The invited guests said they loved the title, but their chief executive would not “want the world to know that our company’s full of shit”. The two make a jovial double act....
...Simon & Schuster is an attractive prospect thanks to its strong catalogue of titles....
...Default rates are picking up and lenders are increasingly taking control of creditor companies at the expense of equity owners....
...The fund was meant, in theory, to keep the firm close to the best companies, benefiting founders and LPs alike....
...“The functionaries quite low down, their default is go for the most cautious kind of response,” he said. “You need a lot of knowledge to work out what was the sensitivity of this.”...
...Schwarzman, chief executive, and Gray, who holds the titles of president and chief operating officer, launched a furious PR blitz to restore confidence....
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