debt-instruments
Top StoriesNaturgy’s Profit Rises on Lng Gains, Soothing Shareholders
Top StoriesLg Chem Raising $2 Billion in Exchangeable Bonds
Top StoriesAbu Dhabi-Based ADQ’s Talks to Take Lazard Private Fall Apart- Ft
Top StoriesSugar Group Tereos Reports Leap in Core Profit as Prices Rise
UK’s Asda to Buy Eg Petrol Stations Unit in $2.9-billion Deal
Date: May 30, 2023
UK’s Asda to buy EG petrol stations unit in $2.9-billion deal LONDON (Reuters) -British supermarket Asda said it would buy the bulk of petrol station operator EG Group’s UK and Ireland business to speed up its move into the convenience sector, creating a company with combined revenue of nearly 30 billion pounds ($38 billion). Asda,...
Global Shares Drop, Benchmark US Yields Ease Amid Debt Ceiling Deadlock
Date: May 23, 2023
NEW YORK/LONDON (Reuters) -Global equities retreated and benchmark U.S. Treasury yields eased off two-month highs on Tuesday as talks over the U.S. debt ceiling continued without resolution. Hawkish comments from Federal Reserve officials about the possibility of further rate hikes sent the U.S. dollar to a two-month high. Oil futures extended their rally. Aides for...
Explainer-How Wall Street Is Preparing for Possible US Debt Default
Date: May 22, 2023
NEW YORK/WASHINGTON (Reuters) – As talks over raising the U.S. government’s $31.4 trillion debt ceiling go down to the wire, Wall Street banks and asset managers have been preparing for the fallout from a potential default. The financial industry has prepared for such a crisis before, most recently in September 2021. But this time, the...
Spain’s Grifols Names Current Chairman as Ceo, Ending Family Leadership
Date: May 8, 2023
Spain’s Grifols names current chairman as CEO, ending family leadership By Joan Faus BARCELONA (Reuters) -Grifols said on Monday its executive chairman Thomas Glanzmann will become its new chief executive with immediate effect, ending the founding family’s executive leadership at a time of turmoil within the Spanish pharmaceutical group. Glanzmann, who had served as the...
Alpha Bank to Sell Bad Loan Portfolio to Fortress and Davidson Kempner
Date: May 5, 2023
Alpha Bank to sell bad loan portfolio to Fortress and Davidson Kempner ATHENS (Reuters) – Alpha Bank ACBr.AT, one of Greece’s four largest lenders, said on Friday it signed a binding agreement to sell a 650 million euro ($717.34 million) portfolio of corporate bad loans to Fortress and Davidson Kempner. The transaction, named project Hermes,...
Cineworld Gets US Court Approval to Raise $2.26 Billion After Bankruptcy
Date: May 3, 2023
Cineworld gets US court approval to raise $2.26 billion after bankruptcy By Dietrich Knauth (Reuters) – Bankrupt movie theater chain Cineworld received U.S. court approval on Tuesday to raise $2.26 billion as part of its exit from bankruptcy, after reaching a settlement with a minority faction of lenders that had opposed parts of the exit...