Hints and tips:
...Its new fund — known as Strategic Investment Partners V — plans to buy risky debt, including junior loans and convertible bonds, as well as preferred stock....
...The two firms held discussions in early 2020 after Schonfeld suffered a 16 per cent loss during the coronavirus-induced market rout and was asked to put up more collateral by its prime brokers....
...It borrowed against all of its shares in Bumble to secure a $860mn loan from Citibank after the dating app’s 2021 initial public offering....
...All the while, he continued to make misleading statements to investors about FTX’s financial condition and risk management....
...The new company, later named Apollo Global Management, after the sun god, was led by Black and five other former Drexel executives....
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...Regardless of the stake a majority owner holds, it has to secure a so-called domination and profit-and-loss transfer agreement before it can give orders to management or control the company’s cash flow....
...Idexx said in October that the animal health market had experienced a “V-shaped recovery”....
...Analysts at Stifel said the fund would have to secure more than 80 per cent of non-family votes to win....
...But when the combined company bought back the $1.15bn of notes in June 2016, it left the Safeway 2031 bonds without any secured claim on collateral....
...People close to the new F1 management insist it is an “undermanaged” enterprise with plenty of untapped potential....
...And, let’s not forget, the days when even gold wasn’t considered secure enough because ‘banks and central banks short gold behind your back driving the price down against your interests!’?...
...But analysts said the rating downgrades meant Noble would have to secure more of the company’s borrowings against its assets....
...For them, art financing is a low-cost, low-hassle way to secure funds, not least because some US banks will allow the collateral to remain in situ and, according to Bloomberg, charge only 250 basis points...
...Meanwhile, the end users, who enjoyed the greatest lobbying clout in Washington and managed to secure an exemption from much of the rules, both in the US and in Europe, have nonetheless been affected....
...Before the global financial crisis, hedge funds following asset-based lending strategies were carving out a compelling niche for investors looking for steady, secure, and ostensibly lower-risk returns....
...The plans involve refinancing by putting the club’s assets up as collateral. The plan would have introduced new capital providers to repay the £180m owed to Royal Bank of Scotland....
...“Our competitors get into these brand wars like Coke v Pepsi,” says Zimmer at UTA....
...to the ECB in order to secure funding....
...GM warned in a court filing this month that “it cannot continue to fund Delphi’s liquidity needs and must take measures to secure continuity of supply”....
...Oh, and also, if you’re a company director, don’t pledge company holdings as loan collateral, a la David Ross....
...Concessions were demanded on covenants, collateral and fees....
...Art Capital Group claimed in its legal action that Art Finance Partners was attempting to use collateral already pledged to Art Capital to secure its loans....
...“He could see around corners,” says Edward Matthews, one of Mr Greenberg’s most senior lieutenants at AIG and then at C.V. Starr, his investment vehicle....
...It is proposing that the same mortgage collateral is used to secure the Bank of England loan and the loan provided by commercial banks....
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