debt-sustainability
Top StoriesAnalysis-France May Be Next Test of the Euro’s Foundations
Top StoriesTelecom Italia to Finalise Network Sale to Kkr on July 1
Top StoriesGerman Government Plans Supplementary Budget for 2024, Bild Says
Top StoriesItaly’s Large Deficit, Debt Could Erode Investor Confidence, IMF Warns
In the Market: Financiers Fret Over ‘leverage on Leverage’ in Private Credit
Date: May 13, 2024
In the Market: Financiers fret over ‘leverage on leverage’ in private credit By Paritosh Bansal (Reuters) -To some elite financiers who gathered in Los Angeles for the Milken Institute conference, a debt binge in private markets is reminding them of the go-go days of risk-taking before the 2008 financial crisis. In the halls of the...
Alstom to Ask Shareholders for $1 Billion in Rights Issue to Slash Debt
Date: May 8, 2024
Alstom to ask shareholders for $1 billion in rights issue to slash debt (Reuters) – French train maker Alstom on Wednesday said it would ask shareholders for around 1 billion euros ($1 billion) through a rights issue as part of a plan to slash debt and bring its finances back on track. Alstom had flagged...
Satellite Firm Ses to Buy Intelsat for $3.1 Billion, Debt Concerns Sink Shares
Date: April 30, 2024
Satellite firm SES to buy Intelsat for $3.1 billion, debt concerns sink shares By Olivier Sorgho (Reuters) – Satellite company SES has agreed to buy Intelsat Holdings for $3.1 billion in a deal that would create a major European player but raised investor concerns around debt, sending the buyer’s shares to a record low. European...
Italy Cuts Growth Forecasts and Says Debt Set to Rise
Date: April 9, 2024
Italy cuts growth forecasts and says debt set to rise By Giuseppe Fonte and Matteo Negri ROME (Reuters) -The Italian government on Tuesday cut its growth forecast for this year and next, reflecting an uncertain international outlook, and said public debt was set to rise despite its efforts to curb the annual budget deficit. In...
UK’s Labour Opens Door for More Investment Borrowing
Date: March 20, 2024
UK’s Labour opens door for more investment borrowing By William James LONDON (Reuters) -Britain’s opposition Labour Party set out the fiscal rules it would use if it wins the next election, seeking to show voters and investors it can be trusted to reinvigorate a stagnant economy while leaving the door open for more public investment....
Grifols’ Shares Tumble as Restructuring Costs Hit Annual Profit
Date: February 29, 2024
Grifols’ shares tumble as restructuring costs hit annual profit By Joan Faus BARCELONA (Reuters) -Shares of Grifols dropped almost 10% on Thursday after the drugmaker reported a 72% plunge in 2023 profit due to restructuring costs and rising expenses, though it said it cut its debt ratio and was on track to reduce it further....