Hints and tips:
...As the home team fought to an ultimate 3-4 defeat, pints of Miller Lite and Shiner Bock flowed freely; the Bud Light tap was left untouched....
...In place of the lucrative, asset-lite business model, Cruise must instead build or purchase vehicles costing some $200,000 apiece. Deploy too many cars and they are wasting capital....
...Asset-lite sounds good on paper. But it works less well when channel partners — in this case physical retailers — suffer their own financial problems....
...Analysts are expecting a boost in performance this year with a stronger line-up of gaming titles and the anticipated launch of the Switch Lite, a more affordable version of its flagship Switch console....
...Let’s say the fictitious (or not) Cayman Island vehicle Alphaville LLC is looking to borrow $100m to fund the global rollout of Vaudeville....
...Final terms were highly aggressive with covenant-lite structure, uncapped adjustments to ebitda, and a large debt incurrence capacity.”...
...Riskier “covenant-lite” loans now account for about 70 per cent of new leveraged loans, up from 30 per cent before the Lehman Brothers crisis....
...The only colour that has really emerged as a phenomenon this year is Millennial Pink, a Barbie-lite shade which has become a shorthand for a sort of snowflakey femininity, and owes its origins to the Wes...
...Americans may be paying too much for their lite beer....
...The stock has suffered since the company’s investor day in June when it said its costs would increase for the year as it invests in promoting its core brands like Coors Light, Miller Lite, Leinenkugel’s....
...“A Brexit-lite economic backdrop but Brexit-heavy policy response have helped support risk assets globally,” said Dennis DeBusschere, head of portfolio strategy at Evercore ISI....
...The deal and others like it show credit investors are increasingly demanding that borrowers pare back highly leveraged and covenant-lite structures that were seen in recent years....
...This is important in a market where the share of mainstream beer brands such as Miller Lite and AB InBev’s Budweiser is being eaten into by demand for craft brews....
...The UK’s Takeover Panel agreed on Wednesday to an extension for the world’s biggest brewer to make a formal offer for the London-based brewer of Peroni, Grolsch and Miller Lite....
...Just as many are as likely to sip an artisanal “Face Off” Double IPA or a “Smoke & Dagger” as they are to crack a can of Miller Lite....
...Since 2008, the US-Canadian group Molson Coors has been the minority partner in MillerCoors, a joint venture with SABMiller that sells brands including Miller Lite, Coors Light and Blue Moon Belgian White...
...“Cov-lite is going to cause the energy problem to last much longer than it should because it takes longer to flush out.”...
...“It’s exactly the opposite [of an asset-lite plan],” he said....
...The hedge-fund lite mutual funds are proving popular on the street....
...Accor’s board has been bitterly divided over how aggressively to pursue an “asset lite” strategy that involves managing and operating hotels rather than owning or leasing them....
...Three decades after an Iranian-linked car bomber killed 241 American servicemen at a Marine barracks in Beirut, RD Legal Capital LLC is seeking to raise that sum from investors to buy stakes in the protracted...
...This replicates a similar trend in Europe, where an easing of investment restrictions for mainstream Ucits funds opened the door to a swath of “hedge-fund lite” Newcits vehicles....
...There has been a strong rise in demand for esoteric boom-era financial instruments with relaxed credit discipline such as paid-in-kind notes as well as more “covenant-lite” bonds....
...However in the US sales by its MillerCoors unit dropped by nearly 2 per cent, led by declines in the company’s low-calorie ‘Lite’ beer portfolio....
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