debt-instruments
Top StoriesClimate Change Compensation Fight Brews Ahead of COP27 Summit
Top StoriesFacebook Parent Meta Makes First-Ever Bond Offering
Top StoriesRevlon Gets Court Approval for $1.4 Billion Bankruptcy Loan
FinanceThe Rise of Buy Now, Pay Later
Ukraine Aims for $15-20 Billion IMF Loan by Year-End -Central Bank Governor
Date: July 27, 2022
By Karin Strohecker and Jorgelina do Rosario LONDON (Reuters) -Ukraine aims to strike a deal for a $15-$20 billion programme with the International Monetary Fund before year-end to help shore up its war-torn economy, the country’s central bank governor Kyrylo Shevchenko told Reuters. Battered by Russia’s invasion launched on Feb. 24, Ukraine faces a 35%-45%...
Ukraine Aims for $15-20 Billion IMF Loan by Year-End – Central Bank Governor
Date: July 26, 2022
By Karin Strohecker and Jorgelina do Rosario LONDON (Reuters) – Ukraine aims to strike a deal for a $15-$20 billion programme with the International Monetary Fund before year-end to help shore up its war-torn economy, the country’s central bank governor Kyrylo Shevchenko told Reuters. Battered by Russia’s invasion launched on Feb. 24, Ukraine faces a...
Ukraine Seeks Debt Payment Freeze as War Ravages Economy
Date: July 20, 2022
By Natalia Zinets and Marc Jones KYIV/LONDON (Reuters) – Ukraine will ask international bondholders to agree to a 2-year delay on its debt payments so it can focus its dwindling financial resources on repelling Russia, a government resolution published on Wednesday showed. Facing an estimated 35-45% crash in GDP this year following Moscow’s invasion in...
Saudi Sovereign Fund to Become Aston Martin’s no.2 Shareholder
Date: July 15, 2022
(Reuters) -Saudi Arabia’s sovereign wealth fund will become the second-largest shareholder of Aston Martin with a nearly 17% stake in a capital raise aimed at paying off debt and shoring up its business, the British luxury carmaker said on Friday. The company, faced with with high debt, a torrid stock fall and a struggling Formula...
Lloyds Offers Extra Support to 2 Million Customers as Cost Rises Hit Hard
Date: July 14, 2022
By Iain Withers and Sinead Cruise LONDON (Reuters) – Britain’s biggest domestic lender Lloyds Banking Group contacted 2 million of its 26 million customers in May after identifying they could need extra support to cope with soaring food and energy prices and rising debt costs. The UK’s largest mortgage provider outlined options including debt consolidation,...
Edf Seeks New CEO as France Plans Full Nationalisation
Date: July 7, 2022
PARIS (Reuters) -EDF and the French government on Thursday said the process of finding a new boss for the utility starts immediately, a day after the government announced its plan to fully renationalise the debt-laden power giant. “The state and Jean-Bernard Levy have agreed to launch the succession process from now,” the French economy ministry,...