Hints and tips:
...The menu on Apollo 17 was limited....
...at rating agency Moody’s....
...“Everyone is getting a pass right now, whether you are in the US or Italy, but there have been some signs recently that investors and rating agencies are starting to think about this again.”...
...Private credit’s investment-grade push A few private credit deals have caught DD’s eye as of late — earlier this month, Apollo bought $2bn of AT&T preferred stock, and last week KKR agreed to buy up to...
...Once a niche industry, PE firms, which include giants such as Blackstone, KKR and Apollo, now hold almost $10tn in assets under management, according to a McKinsey study....
...rating agencies and data providers....
...While the rise of non-bank lenders such as Apollo, Blackstone and Ares has been a boon to many companies at a time when banks have retrenched, Moody’s says the “explosive” growth of private credit is storing...
...The average yield of corporate bonds graded triple C or lower by the major credit rating agencies — extremely risky debt already on the cusp of default — has tumbled from a March 2020 high of almost 20 per...
...officer at rating agency Moody’s, said in a report on Monday....
...‘Perfect scenario’ Those look like V-shaped projections, Andrew Glenn thought to himself....
...The developers of Russia’s Sputnik V Covid-19 vaccine have demanded an apology from Europe’s drug regulator for comments made by the head of the agency likening having the jab to “Russian roulette”....
...Both are collections of information that you explore at your own pace, where you are given agency to decide what merits your attention, making every visitor’s experience unique....
...After such strong reads from the first two releases (three if we count Russia’s Sputnik V), the disappointing AZN figures were perhaps bound to prompt downward pressure on the company’s shares....
...It started last week when Swiss prosecutors controversially dropped legal proceedings against a trio of Russians who bank with UBS and Credit Suisse....
...As of the middle of this year, a new agency has joined the saga — the FBI, which has taken over the investigation of the Springfield deaths....
...“The risks in credit are clear, with fundamentals deteriorating,” said Henry Peabody, a portfolio manager at MFS Investment Management....
...The credit rating agency issued a two-notch downgrade that cut SoftBank’s debt deeper into junk status, citing its “aggressive financial policy”. Son wasn’t going to take that lying down....
...WPP will also reduce is planned capex from £400m to v£300m....
...The sponsors, Apollo and TPG, ultimately settled with bondholders out of court, while denying any wrongdoing....
...As a result, Sweden may inadvertently assist the Chinese military in modernising its capabilities,” said Jerker Hellstrom, an analyst at the Swedish Defence Research Agency....
...He was at Lazard for the past seven years and before that worked at Credit Suisse....
...While both agencies rate Carlyle’s and KKR’s preferreds the same, S&P assigns Apollo’s issue a BBB+ rating versus Fitch’s BBB....
...Apollo was 3.3 per cent lower for the week at $31.29 by close of trading....
...Unlike indirect measures such as tax credits, these policies create animal spirits rather than assume them....
...Samson’s debt has also been losing value rapidly as it has been downgraded by rating agencies to reflect the company’s weakened cash flows and its asset values....
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