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...Let us know: amanda.chu@ft.com...
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...“Sponsors will make rational decisions to support their great assets and they won’t let a small amount of interest expense or leverage get in the way of the future of business....
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...Let’s dive in....
...— and the proliferation of short-term fixed-rate deals....
...But even if it wasn’t, the industry’s grown a lot since then and, for whatever reason, the SEC left it alone and nobody bothered to come in and say, “Hey, wait a minute, let’s try again.”...
...made a profit, and the government then taxes the profit that you make....
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...The presentation makes a big deal out of how “suing a sovereign for non-debt payment can be a justified and lucrative business” citing how Paul Singer’s Elliott Management managed to extract $2.4bn out of...
...wasn’t such a bad deal....
...ICE) and S&P....
...“As this took longer and created unexpected headaches for you, I would like to pay you more,” Windhorst wrote back. “Please let me know which number would make you happy.”...
...It is strictly a two-way deal between banks and the Fed. Banks receive, on the asset side, reserves at the Fed and, on the liability side, an emergency loan from the central bank....
...Under the terms of the deal, a branch of the US group paid an initial 112bn rupees ($1.4bn) to acquire a portfolio of non-performing loans originally valued at 480bn rupees....
...Harriet Clarfelt For example, there’s also a new rate called Sonia, S-O-N-I-A, which in the UK is being used, and there are other rates around the world....
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