debt-instruments
Top StoriesRevlon Emerges From Bankruptcy After Lender Takeover
Top StoriesMitsubishi Ufj to Postpone AT1 Bond Issuance in Credit Suisse Fallout
Top StoriesSome Credit Suisse AT1 Bondholders Seek Legal Advice -Law Firms
Top StoriesDelivery Hero Ramps up Interest Payments to Raise 1 Billion Euro Convertible Bond
Credit Suisse Offers Juicy Premium to Entice Investors to New Bond
Date: January 5, 2023
By Chiara Elisei (Reuters) -Credit Suisse on Thursday sold a 500 million pound ($595 million) senior unsecured bond maturing in March 2026, according to a lead memo seen by Reuters, in the embattled bank’s latest bid to lure in investors with a juicy premium. The new note, which was sold by the Swiss bank’s operating...
UK’s Cineworld to Not Sell Assets Individually, Denies Talks With Amc
Date: January 3, 2023
(Reuters) -Cineworld, the British cinema operator in bankruptcy proceedings, said on Tuesday it would not sell any of its assets individually, and that it had not held discussions with AMC Entertainment about the sale of any of its theatres. The British company said it would focus on selling the group as a whole rather than...
Russia’s Sberbank Urges Glencore to Resolve Dispute Over Oil Bill
Date: December 27, 2022
MOSCOW (Reuters) -Sberbank on Monday accused Glencore of choosing not to foot a bill for oil supplied via the Russian lender, saying the global commodities trader could have found a way to pay up without violating Western sanctions. Sberbank has taken legal action to recover debt and penalties from Glencore Energy UK Ltd over the...
A Recession May Be Coming. Are Banks Ready to Help Their Customers?
Date: December 12, 2022
By Rochelle Gorey, the Co-Founder and CEO of SpringFour. The world is likely to face a global recession in the coming year. What are banks doing to proactively help their customers meet these challenges and gain financial stability? With inflation already wreaking havoc, 56% of Americans say that price increases have caused financial hardship in their...
Domino’s Pizza Enterprises to Raise $112 Million to Fund German Unit Acquisition
Date: December 1, 2022
(Reuters) – Australia’s Domino’s Pizza Enterprises said on Thursday it would raise A$165 million ($112 million) to fund the acquisition of its Germany-based joint venture that it owns with Domino’s Pizza Group Plc. The Australian franchise of Domino’s said it would issue new shares at a price of A$65.05 per share, a 2% discount to...
UK’s Superdry in Talks With Bantry Bay to Refinance $85 Million Facility
Date: November 28, 2022
LONDON (Reuters) – British fashion group Superdry said it is in negotiations to refinance borrowings of up to 70 million pounds ($85 million) with Bantry Bay Capital as it races to secure new backing before the facility expires at the end of January. Superdry, which is best known for its hoodies and jackets, stressed the...