Hints and tips:
Related Special Reports
...The share of companies reporting “major difficulties in running their business and servicing their debts over the past six months” rose to 9 per cent, up from 6 per cent in the previous survey....
...Separately, it paid a $25mn penalty to the CFPB related to private student loan servicing practices. “Capital One is a healthy, well-managed, well-capitalised bank....
...Owner Pham Nhat Vuong, Vietnam’s richest man, earlier this year pledged to provide $2.5bn to the company through grants and loans to help the business increase production....
...Nasdaq-listed Affirm is overly reliant on disadvantaged consumers and as rates keep rising it’ll struggle to sell-off risk and price its loan book effectively, says JPMorgan....
...At some point, these companies won’t be able to keep servicing their debts....
...Aanu Adeoye Everyone sat up and realised there were significant concerns about Ghana’s ability to repay its loans....
...Mortgaged buyers will become more conscious of the cost of servicing their debt and less aggressive when competing in the housing market, he added....
...Its app carries out the underwriting and the core of its revenue comes from transaction and servicing fees, whose total margin is roughly 8 per cent....
...Banks in Turkey are heavily reliant on borrowing from abroad to fund their lending at home....
...Davidson Kempner will also acquire an 80 per cent stake in Alpha Bank’s loan servicing subsidiary, Cepal Holdings....
...BA cut services on almost all of its routes to a skeleton schedule during 2020 amid global restrictions that also drove it to ask the UK government for a £2bn loan guarantee and to suspend dividend payments...
...Sweden’s Verisure has tapped in to that scramble among investors to raise €4.4bn of new bonds and loans....
...Executives are also reviewing the circumstances of a $140m bridging loan provided to Greensill last November....
...Keeping up with interest rate rises, paying mortgages and paying off loans are all concerns facing the population....
...The cost of servicing £350m of new debt, raised in October with a record 9.5 per cent coupon, means Metro is not expected to return to profit until 2021....
...interest rates of 9.8 per cent in Kenya and 15 per cent in Ghana, which can borrow externally, compared with 27.5 per cent in Zambia, which is currently shut out of international debt markets and wholly reliant...
...On top of high-yield bonds and leveraged loans that equate to 6.9 times adjusted earnings, there could be an extra slice of financing known as payment-in-kind (PIK) debt, which is higher-risk because the...
...Lebanon is increasingly reliant on these reserves for debt servicing....
...But that’s also the reason it has been met with a firm “no” by northern governments who balk at the idea of Brussels issuing annuity type loans with their money....
...This is a particular problem given that the UK is increasingly reliant on private DC pension provision....
...The company has spent more than $250m a year servicing some $5bn in long-term debt....
...The cost of servicing subscription lines can run into millions of pounds, which can reduce final returns for investors....
...In Spain and other countries with high levels of non-performing loans, private equity firms have bought servicing platforms, providing them with data and insights into the lending process....
...The report said Air India is hampered by debt and servicing costs, which have “largely eroded” its recovery....
...The issues emerged in the aftermath of a spike in loan defaults that transpired during a time in which it had transferred servicing functions to a third party....
International Edition