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...The £1.3bn of so-called class B debt, which is still inside the ringfence but has a lower-ranking claim on the company’s cash flows, could be hit with even deeper 35-40 per cent impairments....
...But the field has just come so far, with so many hiccups along the way. I mean, the field has been written off as dead a couple of times in the last 40 years....
...Send me your thoughts: robert.armstrong@ft.com. Can spreads ever be too tight? To the extent that markets people are worried about an overheated market, their concerns are focused on US stocks....
...Traders are marking a riskier £250mn “class B” bond at little over 60 pence in the pound....
...David Johnson, chief executive of EOS Risk, a leading UK operator in the field, confirmed his company had been receiving more business as a result of the surge of insecurity....
...That is in line with current market expectations given that a default at Kemble earlier this month sent the price of a second-ranking “Class B” bond plunging to little over half of its face value....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...As Republican senator Robert A Taft expressed it in 1951: “If in the great field of foreign policy the president has the arbitrary and unlimited powers he now claims, then there is an end to freedom . ....
...Any thoughts welcome: robert.armstrong@ft.com and ethan.wu@ft.com. Tesla and the unsettled EV market Yesterday we wrote about one of two faltering Magnificent 7 stocks, Apple....
...As you mentioned, Jo, Patricia Field was the stylist. She was almost like the puppeteer of early 2000s fashion in Sex and the City....
...Robert ArmstrongYeah, right when Brexit happens. You have to ask an additional question. A, does Brexit have something to do with this? And B, does that make any sense? Ethan WuYeah. It’s irrational....
...robert.shrimsley@ft.com...
...Robert Halfon also widely respected across the education field, another loss to the government. Two sort of moderate voices and serious voices in the Conservative party....
...Art history professor Margaret Iversen wrote about the way Hopper played with boundaries, in particular his “blind field”, and this is a feature of Lynch’s work as well — see the warren-like apartment in...
...Email me: robert.armstrong@ft.com. Friday Interview: Torsten Slok Torsten Slok is one of Wall Street’s most closely followed economists....
...Email Robert at robert.shrimsley@ft.com Follow @FTMag to find out about our latest stories first Letter in response to this column: Da Vinci is wrong target for climate protest ire / From Bruce Couchman...
...What kind of vessels were the Robert E Lee and the Natchez, which took part in a celebrated race on the Mississippi in 1870?...
...d to 13mn b/d by 2027....
...George, it’s pretty embarrassing, isn’t it, that Labour have had to apologise that they weren’t able to field a candidate in this by-election?...
...Additional reporting by Robert Van Egghen. *Ignites Europe is a news service published by FT Specialist for professionals working in the asset management industry....
...button-collar oxford cloth shirts; J Press tweed jackets; Bass Weejuns and penny loafers generally; Docksides and Sperry boat shoes; odd lightweight cloths such as madras and seersucker; LL Bean duck boots and field...
...Didn’t you have to be a salty old naval officer or thin moustached field marshal to get away with one?...
...For example: “In my view, [public markets aren’t] differentiating enough between office Reits that hold B-tier assets and office Reits that hold A-tier assets.”...
...We like boxes B and C. Will the long end follow the short end down, and why? We can debate how much short rates will come down, but it seems pretty clear that they will fall....
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