Funding activities

Livent (NYSE: LTHM) Uses Debt Moderately

Warren Buffett said: “Volatility is far from synonymous with risk”. So it might be obvious, then, that you need to factor in debt, when you think about how risky a given stock is because too much debt can sink a business. Like many other companies Livent Company (NYSE: LTHM) uses debt. But the real question is whether […]

Funding activities

HUMBL® Announces Launch of HUMBL Financial™ Division

HUMBL Financial HUMBL, Inc. HUMBL, Inc. San Diego, Calif., Jan. 25, 2021 (GLOBE NEWSWIRE) — Tesoro Enterprises, Inc. (OTCMKT: TSNP), soon to be renamed HUMBL, Inc., today announced the launch of its new division HUMBL Financial™. HUMBL Financial’s mission is to provide customers, merchants and institutions with simple, blockchain-based financial services and partners through HUMBL® […]

Funding activities

What to do if your boss or co-worker won’t give you your money back

It takes skill and effort to keep your relationship with the boss and co-workers on an equal footing. Bring money into this equation and bias can upset the delicate balance in the workplace. Although lending money is never a good idea, it should be completely avoided when it comes to colleagues. Things can get complicated […]

Funding activities

Debt collection should be on the minds of Congress, suggests Congressional Research Service

Debt collection seems to be a hot topic this month. Not only is the Consumer Financial Protection Bureau (CFPB) Debt Collections Final Rule expected to be released at any time, but Congress also appears to have taken an interest in debt collection issues. (Curious timing, huh?) The Congressional Research Service released an in-depth report titled […]

Funding activities

Does Kingsoft Cloud Holdings (NASDAQ:KC) have a healthy balance sheet?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett said “volatility is far from synonymous with risk.” So it may be obvious that you need to take debt into account when thinking about the risk of a given stock, because too much debt can […]

Funding activities

SsangYong Motor owes heavy outstanding debt as it files for receivership

SEOUL, 22 Dec. (Yonhap) — Debt-ridden SsangYong Motor Co. said on Tuesday it owed a total of 315.3 billion won ($285 million) in arrears to financial institutions as it had filed for receivership the day before. As of Tuesday, SsangYong Motor had outstanding debts of 100 billion won owed to foreign lenders like JP Morgan […]

Funding activities

The negotiation tactic this career coach used to get a $20,000 raise

Negotiating your salary can be difficult. And in many cases, employees are leaving thousands of dollars on the table when they aren’t equipped with the right tools and knowledge to demand more. That’s why, in addition to giving common advice on finding your market value to know your worth, career coach and entrepreneur Ariel Lopez […]

Funding activities

Coalition triples Labor debt – in record time

The Coalition’s debt explosion was well advanced before the pandemic and makes Labour’s debt during the global financial crisis pale into insignificance, writes Alain Austin. australia gross debt reached $719.4 billion last Friday, July 17 – a notable number. Not just because it crossed the $700 billion mark just ten weeks after breaking the $600 […]

Funding activities

Suzlon completes debt restructuring, shares soar

By Ankur Mishra Suzlon Energy on Wednesday announced the completion of its debt restructuring with the unanimous approval of secured lenders. The Committee of Creditors (CoC) had already approved the resolution plan given by the promoters in March this year, which involved a haircut of around 60% for financial creditors on the total debt of […]

Funding activities

FireEye Debt Overview

Over the past three months, shares of FireEye (NASDAQ: FEYE) increased by 8.81%. Before we understand the importance of debt, let’s take a look at the amount of FireEye debt. FireEye’s Debt Based on FireEye’s financial statements as of October 30, 2020, long-term debt is $949.65 million and current debt is $0.00, for a total […]

Funding activities

Personal Finance Education in High School to Help Tackle Rising Student Debt

See also “Personal finance education is essential for confidence and success in adulthood“ Only 17 US states require high school students to take a financial literacy course to graduate. Pennsylvania is one of 33 states that does not require it, nor does the state have standard tests for personal financial education. However, Pennsylvania recently decided […]

Funding activities

Investors applaud China’s plan to ban clean coal from green bond financing

China’s proposal to stop recognizing clean coal as eligible projects for green bonds could spark more interest from foreign investors as the policy change brings national standards closer to the stricter international definition of green projects . “Clean use of fossil fuels,” which ranges from coal washing to carbon capture, is excluded from the list […]

Funding activities

Biogas – Iona Capital Successfully Closes Debt Financing of UK Anaerobic Digestion Portfolio

IEILP is a completely new fund, launched in 2012 and backed by UK pension fund investors. Funds from investors have been deployed to construct four large Gas-to-Grid assets, two combined heat and power (CHP) assets supported by local authorities and five agricultural CHP assets. The assets are now fully operational, generating a combination of renewable […]

Funding activities

CERAWEEK-Natural Gas Can Help Solve Climate Change, Industry Reminds Policymakers, Energy News, ET EnergyWorld

The energy industry wants policy makers to remember that natural gas can and must be part of the solution to solving climate change, leaders said at a conference on Tuesday. “The most important thing to continue to impress policymakers is that natural gas can and should be a big part of the solutions to climate […]

Funding activities

Shattering Records for Global Debt: IIF

LONDON (Reuters) – Global debt is expected to reach a new all-time high of more than $257 trillion in the coming months, the Institute of International Finance estimated on Monday, adding there were no signs of a decline. no more. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, […]

Funding activities

NYC systems report millions of dollars in losses from COVID-19

The city’s hospitals are no longer seeing a steady stream of COVID-19 patients passing through their doors, but they now have to clean up the financial mess of the pandemic. Most of the region’s largest health systems are reporting massive financial losses for the first three months of the year. Northwell Health, the state’s largest […]

Funding activities

This clock shows when we will have the next recession

The investment clock can determine whether you laugh or cry. (Images: Getty) Australia is experiencing its first recession in three decades as Covid-19 hit the global economy. Meanwhile, the equity market plunged in February, then rallied with a sensational rally – but with worrying signs it was pulled by retail investors buy big while institutional […]

Funding activities

The world’s largest offshore wind farm is getting closer

announced the debt financing of what will be the largest wind farm in the world, closed the financial close of phases A and B. The site on in the North Sea, off the northeast coast of England, has subsequently received a “notice to proceed” for Phase A of the project from the co-sponsors, allowing construction […]

Funding activities

Chinese chipmaker Tsinghua Unigroup to default on US$450m bond as concerns grow over mainland debt levels

Chinese chipmaker Tsinghua Unigroup said it could not repay the principal of a $450 million bond due Thursday, the company’s latest default and a blow to Beijing’s efforts to build a self-sufficient semiconductor industry. Failure to repay the principal of its debt could trigger cross-defaults on up to $2 billion in additional debt held by […]

Funding activities

Corporate bond yields turn negative

Investors couldn’t get enough of Nestlé bonds this week. The chocolatier is starting to look like the new gold. There’s only one way to describe what’s going on in Europe right now: weird. In an unprecedented event, Nestlé’s corporate debt yield turned negative this week. This means that investors are essentially willing to pay for […]

Funding activities

How to prepare for a recession?

CLEVELAND, Ohio (WOIO) – JP Morgan Chase CEO Jamie Dimon says a major recession is underway, thanks to the coronavirus pandemic. Dimon expects gross domestic product to plunge at an annual rate of 35% in the second quarter. The slowdown is expected to last through the rest of the year, with the unemployment rate reaching […]

Funding activities

Are you dreading the Christmas credit card bill?

Debt is the last taboo. More and more professionals are now finding that the month lasts longer than their monthly salary, but most are too ashamed to ask for help. However, talking about your money problems with a group of strangers is an approach that is gaining ground. Late last year, a group of 40 […]

Funding activities

Skills of a Church Planter – Practicing Financial Integrity

By John Hebert ALEXANDRIA (LBM) — Adrian Rogers, the deceased pastor of the historic Bellevue Baptist Church in Memphis and former president of the Southern Baptist Convention who helped lead a grassroots movement to return the denomination to its conservative biblical roots, told a story on the importance of financial integrity that I still refer […]

Funding activities

Bouncing loan fraud could cost government up to £26billion

There is a ‘very high level’ of fraud risk among Bounce Back Loan Scheme (BBLS) borrowers which could result in government losses of between £15bn and £26bn, the National Audit Office has warned (NAO). The public spending watchdog is calling on the government to implement a thorough debt collection process with lenders and consider how […]

Funding activities

Medical Properties Trust, Inc. Announces 96% Collections in June and Completion of Circle Health Lease

BIRMINGHAM, Alabama–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today provided an update on June rent and loan collections and announced, as expected, the conclusion of its £1.5 billion lease agreement. with UK-based hospital operator Circle Health. Financial health of MPT operators evident in June collections and repayment agreements In addition to […]

Funding activities

Canadians cite difficulty paying their mortgage, even without the financial impact of the pandemic

Most Canadians believe they will be able to pay their mortgages during the pandemic, it just won’t be easy for everyone. Mortgage Professionals Canada (MPC), an industry group representing mortgage brokers, conducted a survey of borrowers on the impact of the pandemic. The survey provided a number of interesting insights, but most interesting was the […]

Funding activities

World Bank warns stimulus spending and ‘dangerous’ debt crisis could trigger recession and wipe out a decade of revenue gains

Topline Unprecedented government spending has averted severe economic depression in countries around the world, but the debt burden that governments like the United States are taking on to fund such stimulus could stunt economic growth for years to come. come, the World Bank warned on Tuesday, echoing concerns. among experts, inflation was feared to trigger […]

Funding activities

Sponsors aim to buy back cheap debt

LONDON, March 26 (LPC) – Sponsors are looking to take advantage of what they see as overselling in the European leveraged loan market and are in talks with a number of banks over debt buybacks. Driven by the coronavirus pandemic and falling oil prices, average European lev loan prices in the secondary market fell to […]

Funding activities

Drake’s ‘disgusting’ mac and cheese recipe is dividing the internet – so we tried it ourselves

Drake’s birthday party was quite the event this year, but maybe not for the best reason. The 34-year-old was overshadowed by his party’s dinner menu, which included a very strange plate of macaroni and cheese. A description of the dish – which contained capers, sun-dried tomatoes and raisins (!!) – turned heads social media. Theories […]

Funding activities

Finance Colombia – Copa Airlines raises $350 million war chest via private ticket offering

Panamanian airline Copa Holdings, SA (NYSE: CPA) announced today that it is seeking to raise US$350 million in debt with a maturity date of 2025 in a private offering. The airline has announced that it also plans to grant initial purchasers of the tickets an option to purchase, for settlement within 13 days of the […]

Funding activities

Americans are saving more during the pandemic – but there’s still a huge demographic gap

Almost a year after the start of the coronavirus pandemic, which killed nearly half a million Americans, eliminating millions of jobs and derailing the national economy, Americans are reassessing their personal finances. While people generally have more money in savings and less credit card debt, there are strong demographic divides that could show up as […]

Funding activities

More than half of parents are willing to go into debt to pay their children’s school fees

Parents pay for their children expenses, like rent and health insurance after graduation, are nothing new. But as the tuition continues risingparents dig deep into their own pockets to pay for their children’s tuition: More than half of American parents are willing to go into debt to finance their children’s education after high school. According […]

Funding activities

Nordic fintechs urge financial literacy to be taken seriously before it’s too late

Digital startups in the Nordics are seeking to fill a knowledge gap around financial literacy and are urging parents and education systems to introduce the topic to young people at a much earlier age. There are many financial tools and apps for adults on the market right now. While this is a positive sign […]

Funding activities

Fed chief doesn’t have time to worry about US wartime debt

WASHINGTON (Reuters) – The U.S. government has $3 trillion in debt flowing through the pipeline due to the coronavirus pandemic. He also has perhaps 30 million or more freshly unemployed Americans to support, tens of thousands of businesses on the ropes and a possibly protracted battle against a virulent disease to secure. FILE PHOTO: US […]

Funding activities

Champion Breweries 2020 profit drops after 581% increase in tax expenditures

Heineken-backed Champion Breweries’ net profit for 2020 fell N9.72 million, or 5.8%, as the burden of accrued income tax weighed on the company’s profits. Income tax expense increased almost six times from the previous year, from N38.070 million to N259.370 million, with deferred taxes from previous years accounting for N208.386 million of this amount. Data […]

Funding activities

AMIH Affiliate ZipDoctor, Inc. Signs Marketing Agreement with Captify Consulting to Defend ZipDoctor’s Digital Marketing and Social Media Advertising Efforts

Addison, Texas, Sept. 14, 2020 (GLOBE NEWSWIRE) — American International Holdings Corp. (OTC Pink: AMIH), through its recently created subsidiary, ZipDoctor, Inc. (“ZipDoctor”), is proud to announce that it has retained the services of Captify Consulting (“Captify”) to lead, support and advocate ZipDoctor’s digital marketing and social media advertising efforts with respect to its recently […]

Funding activities

What is Champion Iron’s (ASX:CIA) P/E ratio after its stock price plummets?

To the chagrin of some shareholders, champion iron (ASX: CIA) shares have fallen 36% in the past month. The recent decline has wiped out the annual return, with the stock price now down 24% over this longer period. Assuming nothing else has changed, a lower stock price makes a stock more attractive to potential buyers. […]

Funding activities

The US Treasury will continue to look to longer-term debt

FILE PHOTO: A sign marks the U.S. Treasury Department in Washington, U.S. August 6, 2018. REUTERS/Brian Snyder (Reuters) – The U.S. Treasury Department said on Wednesday it would continue its shift to longer-term notes and bonds as it issues debt to fund measures to offset the impact of the outbreak of COVID-19. The spending plan […]

Funding activities

Guitar Center Unveils Chapter 11 Restructuring Plan

Guitar Center has confirmed that it will soon enter a Chapter 11 financial reorganization to offload approximately $800 million in debt. Ares Management in Los Angeles, Brigade Capital Management in New York and a fund managed by Carlyle Group in Washington, D.C. Implementing the plan will require filing Chapter 11, which the company said it […]

Funding activities

Financial situation, economic vision and future of AC Milan

Semper Milano interviewed Felice Raimondi, a key football finance expert, on the state of from AC Milan finances and the vision of Elliot Management. What do you think of the way Elliott runs the club and what are some of the key principles they stick to? “It is undoubtedly a medium and long term vision. […]

Funding activities

Inflation or deflation in sight? | The hill

Will the US economy experience inflation or deflation in the years to come? It’s the same key question economists grappled with after the Lehman bankruptcy in 2009, when the United States last embarked on highly unorthodox monetary and fiscal policies at a time of high unemployment. In the decade since Obama’s massive fiscal stimulus package […]

Funding activities

Millions of people are facing the “edge of the financial cliff” due to the Covid-19 crisis, according to Citizens Advice | Borrowing & debt

Millions of households have missed, or expect to miss, payments on at least one bill as a result of the coronavirus crisis, and could suffer serious consequences, the charity Citizens Advice has said. Since the start of the lockdown, millions of workers have been laid off or fired by employers, and have seen their wages […]

Funding activities

The pandemic has caused public debt to skyrocket across the world

DO HIGH LEVELS of public debt reduce economic growth? Many economists asked this question after the financial crisis of 2007-09, when bank bailouts and fiscal stimulus programs drove up debt-to-GDP ratios in developed countries. In 2010, two Harvard economists, Carmen Reinhart and Kenneth Rogoff, offered a catchy answer. Taking data for 44 countries over two […]

Funding activities

Carrying that kind of debt is a huge mistake

In a perfect world, you would pay everything in cash and you would never need to go into debt. While this utopia may exist for financially well-disciplined people, for many others it simply isn’t possible. In a annual surveyNerdWallet found that Americans were saddled with debt, owing an average of $132,529 per household (including mortgages […]

Funding activities

Apple vs. Dell Technologies Stock: Hope you made some money

SHENZHEN, GUANGDONG, CHINA – 2019/10/06: American multinational computer technology company, Dell … [+] store and logo seen in Shenzhen. (Photo by Alex Tai/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images In October 2020, we found that leading compute and storage solutions Dell Technologies (NYSE:DELL) the stock was a better choice than the consumer […]

Funding activities

CRISIL Ratings for Indian Debt Securities – August 26

Aug 26 (Reuters) – Below are the ratings awarded by Credit Rating Information Service of India (CRISIL) for local debt instruments as of August 23, 2019. COMPANY INSTRUMENT RATING AMOUNT MOVEMENT (RS.MLN) —— ———- —— —– ——— SHORT TERM RATINGS: ——————- Alkyl Amines Chemicals Ltd BG CRISIL A1 68 Reaffirmed Alkyl Amines Chemicals Ltd Foreign […]

Funding activities

God cares a lot about money, say religious financial groups, and maybe you should too

(RNS) — According to the Bible, God has a plan for everything. Including your money. Yet many church groups rarely talk about your finances outside of annual stewardship campaigns. While prayer and Bible reading are considered spiritual disciplines, budgeting is not, said Elizabeth Grady-Harper, executive director of the Boston Faith and Justice Network. “Which is […]

Funding activities

Corporate debt is in serious trouble – here’s what it means if the market crashes

Markets abhor uncertainty. The coronavirus pandemic is a severe supply shock that will significantly reduce global economic output, and there will potentially be multiple waves when the contagion returns in the fall or spring of 2021. Many governments are trying to bridge the period of confinement to allow the restoration of economic activity. This means […]

Funding activities

Finance minister says Malaysia could hit debt ceiling this year

Tuesday, June 23, 2020 3:16 PM MYT KUALA LUMPUR, June 23 – The country’s debt level could reach the statutory limit of 55% of gross domestic product by the end of the year from 52% currently following the implementation of measures to save lives, protect livelihoods and stimulate the economy, Finance Minister Tengku Datuk Seri […]

Funding activities

Saudi Arabia to increase borrowing as oil glut weighs on virus-hit economy

By Marwa Rashad, David Barbuscia RIYADH/DUBAI (Reuters) – Saudi Arabia could borrow about $26 billion more this year and will draw up to $32 billion from its reserves to finance a public deficit caused by lower oil prices and the crisis of coronaviruses, the Saudi finance minister has said. FILE PHOTO: Saudi Arabia’s Finance Minister […]

Funding activities

Banks go after houses and cars: celebrities are sinking into a deep sea of ​​debt

Johannesburg – A host of local celebrities and high-profile figures are eager to bid farewell to 2020, which has thrown them into financial misery with banks rushing into their assets. Topping the list of those eagerly awaiting his sunset is Tshakhuma Tsha Madzivhandila boss and businessman Lawrence Mulaudzi. Mulaudzi is set to lose his R6.5m […]

Funding activities

RCL secures $200m in additional cash via export debt holidays

Hermes Initiative Two of them relate to the loan facilities contracted to finance Anthem of the Seas and Spectrum of the Seas in order to incorporate the benefits of a 12-month debt cancellation initiative offered by Hermes, the German export credit. The intent of this initiative is to provide interim debt service and financial covenant […]

Funding activities

Clearway Closes Debt Financing for 192 MW California Solar Facility

Clearway Energy Group has closed debt financing for the 192 MW Rosamond Central solar project in Kern County, California. On Wednesday, the renewable energy developer said construction of the plant by McCarthy Building Companies will be completed by the end of the year. Rosamond Central is under contract with a number of municipalities and Community […]

Funding activities

The swearing-in ceremony for new Oakland Police Chief LeRonne Armstrong at McClymonds High School

McClymonds High School serves as the backdrop for the City of Oakland’s swearing-in ceremony for new police chief, McClymonds alumnus LeRonne Armstrong Oakland, Calif. – A sunny Monday morning at McClymonds High School looked very different than it has for the past eleven months. A crowd had gathered for a special event in which the […]

Funding activities

Greensill Technology Partner Taulia Secures $6 Billion in Funding from JPM-Led Consortium

March 10 (Reuters) – U.S. fintech Taulia, technology partner of supply chain finance specialist Greensill, said on Wednesday it had secured more than $6 billion in funding from a funding consortium led by JPMorgan. (JPM.N). The consortium will include European lenders UniCredit (CRDI.MI)UBS (UBSG.S) and BBVA (BBVA.MC)Taulia said in a statement. Greensill Capital filed for […]

Funding activities

What does Nike’s debt look like?

Shares of Nike (NYSE: NKE) has increased by 38.31% over the past three months. Before looking at the size of the debt, let’s look at how much debt Nike has. Nike’s debt According to Nike’s latest financial statement released on July 24, 2020, total debt stands at $9.66 billion, with $9.41 billion in long-term debt […]

Funding activities

Transparency for the love of democracy | Brennan Center for Justice

When it comes to money in politics, transparency is not just an end in itself – it is about strengthening our democracy and discouraging both the profiteering of public resources and the manipulation of government at private purposes. This is true as 2021 dawns for reformers facing a new White House and a new Congress. […]

Funding activities

CANADA FX DEBT – Canadian Dollar Falls Biggest in a Month, Lagging G10 Currencies

* The Canadian dollar weakens 0.4% against the greenback * Canada’s annual inflation rate accelerates to 1.0% in November * US oil prices fall 0.1% * Canadian bond yields are trading on a steeper curve TORONTO, Dec 16 (Reuters) – The Canadian dollar weakened against its U.S. counterpart on Wednesday as oil prices edged lower […]

Funding activities

Black Panther star Chadwick Boseman dies after four-year battle with colon cancer

Black Panther movie star Chadwick Boseman, an actor whose work celebrated pioneers and African-American culture, died at 43 after a four-year battle with colon cancer, according to an announcement posted on his accounts on Friday. of social media. Boseman, a South Carolina native who began his screen career in episodes of TV dramas such as […]

Funding activities

Kanye West’s nearly $7 million campaign runs into legal trouble

Kanye West during his infamous White House appearance in 2018. Photo: Ron Sachs/Getty Images So far, Kanye West has spent nearly $7 million of his own money on what continues to be one of the most baffling presidential candidacies in the history of American politics. An overdue campaign finance report filed with the Federal Election […]

Funding activities

People without an emergency fund should temporarily stop ongoing investments and create one

The current crisis triggered by covid-19 is not the first that Mangesh Rane, 42, a captain of a major airline in India, has faced. A year ago, he was working with Jet Airways when the airline suspended operations. His emergency corpus then came to his aid. “We weren’t paid for three months but I was […]

Funding activities

Mutual funds: discover dynamic asset allocation funds

As the stock market remains volatile, investors wanting to take a balanced approach to equity and debt investments should look to dynamic asset allocation funds or mutual funds. As the market regulator does not specify any minimum or maximum limit for debt or equity investments in this category, the fund manager decides the allocation based […]

Funding activities

MDLive Closes $50M Equity Investment and $25M Debt Funding Following COVID Growth

Leading telehealth provider MDLive announced this morning a new $50 million cross-stock investment from Sixth Street Growth. The company said it also secured $25 million in debt financing from other anonymous investors. WHAT HE DOES MDLive provides a telehealth platform with a network of certified clinicians capable of providing virtual emergency care, dermatology, therapy and […]

Funding activities

Debt up 133, revenue down, losses of £23.2m amid COVID-19

October 21, 2020 Rob DawsonCorresponding Manchester United executive vice-chairman Ed Woodward said the club needed to “manage resources carefully” due to the ongoing coronavirus pandemic as the club’s latest financial results showed net debt rose by 133% to reach £474.1 million. As well as the huge increase in debt, United’s fourth quarter and full year […]

Funding activities

go to Finances – Q1 2021

Editorial | CEEC At the start of 2021, it seems safe to say that even though the flooding has not yet ended, the doves have started to return carrying freshly picked leaves from nearby shores. Businesses around the world are busy planning for a post-pandemic world. Many will need to be restructured and freshly financed, […]

Funding activities

Morgan Stanley hires DB’s Weinstein as distressed US business manager

Morgan Stanley has poached a top troubled debt dealer from Deutsche Bank. Matthew Weinstein has quit the German lender and joined Morgan Stanley as head of the struggling North American trade, according to people familiar with the matter. Deutsche Bank, despite its high-profile struggles, is one of Wall Street’s premier credit trading firms and a […]

Funding activities

In China, not all triple-A bonds are created equal

Chinese credit rating firms are handing out more triple-A ratings for bonds, a trend that has continued this year despite the coronavirus pandemic and increased corporate borrowing in the world’s second-largest economy. As of mid-October, more than 18.3 trillion yuan, or $2.7 trillion, of outstanding yuan-denominated bonds issued by mainland Chinese companies and financial institutions […]

Funding activities

Atmanirbhar Bharat 3.0: Cabinet approves equity injection of Rs 6,000 cr into NIIF debt platform

Prime Minister Narendra Modi-led Union Cabinet today approved an equity injection of Rs 6,000 crore into the National Investment and Infrastructure Fund (NIIF) debt platform. Finance Minister Nirmala Sitharaman earlier proposed the investment when announcing the Atmanirbhar Bharat 3.0 package. The cabinet further said that the NIIF will take all necessary steps to expeditiously utilize […]

Funding activities

Kohlberg is being sued over a deal soured by the pandemic

Text size Courtesy of Decopac Covid-19 threatens another M&A process. Kohlberg & Co. is trying to renege on its $550 million deal to buy Decopac, saying the company suffered a material adverse effect, a lawsuit alleges. Snow Phipps, a middle-market New York private equity firm, sued Kohlberg, alleging the company acted in bad faith, breached […]

Funding activities

Olympus puts time on the camera market after 84 years

Olympus has agreed to sell its unprofitable camera business, ending an 84-year association with a product it did much to popularize. The Japanese company said Wednesday it would offload the division to Japan Industrial Partners, a private equity group that owns Vaio, the laptop company that was originally part of Sony. Terms of the sale […]

Funding activities

Deal Announcement – OMMAX advised Bright Capital and HF Private Debt with a CDD focusing on Amazon’s strategies in the dietary supplements market | Latest press releases | PressGo

Press release OMMAX performed commercial due diligence for Bright Capital and HF Private Debt, two of Germany’s leading middle market investment firms Munich, July 28, 2020 – OMMAX performed commercial due diligence for Bright Capital and HF Private Debt, two of the leading middle market investment firms in Germany. The project focused on the Amazon […]

Funding activities

Cineworld says coronavirus could threaten its ability to stay in business

Cineworld has warned that the impact of the coronavirus could make it unable to pay its debts and stay in business, slashing the market value of the world’s second-largest cinema chain by nearly a fifth. The group said on Thursday that, had it not yet suffered a significant financial hit from the spread of Covid-19, […]

Funding activities

UK debt office comes under scrutiny from MPs over government bond deals

The UK’s Debt Management Office is questioning whether it has achieved the best value for the taxpayer by selling more than £300billion of government bonds over the past decade. Mel Stride, chairman of the influential select committee of Treasury MPs, wrote to DMO boss Robert Stheeman last month to examine the use of syndications – […]

Funding activities

The Council’s debt burden is expected to be over a quarter of a billion pounds

A council predicts that its total external debt will soon exceed a quarter of a billion pounds. Council of Redcar and Cleveland said the amount outstanding stood at £248.7m at the end of 2020 and is expected to reach £254.4m by the end of the 2020/21 financial year. A report says external lending is expected […]

Funding activities

Purple Line companies get more time to reach agreement with MDOT

Placeholder while loading article actions The bank representing bondholders on the Purple Line construction agreed to postpone any “enforcement action” until Nov. 30, giving the project concessionaire more time to try to reach a settlement with the state, according to the project documents. Industry experts say such a ‘forbearance agreement’ gives the borrower more time […]

Funding activities

Monroe Capital shortlisted for three 2020 awards by Private Debt Investor

CHICAGO–(BUSINESS WIRE)–Monroe Capital LLC (“Monroe”) was selected as the recipient of three Private Debt Investor (“PDI”) awards, including 2020 Lower Market Lender of the Year; Lender of the Year; and the CLO Manager of the Year awards, in the Americas. PDI is an independent international publication based in London covering the private debt and private […]

Funding activities

Eastdil to advise Johnny Ronan and Oaktree on glass bottle site

Developer Johnny Ronan and US investment firm Oaktree have engaged property investment bank Eastdil Secured to advise on debt financing options for the development of the Irish Glass Bottle site and adjoining land in Dublin, according to reports. sources. Mr Ronan and Oaktree’s Ronan Group Real Estate (RGRE) pledged before Christmas to pay €200m to […]

Funding activities

Shelton Financial Company helps new advisors deal with their debt

Barnum Financial Group helps young financial advisors settle their student loan debt. The Shelton-based company recently announced a partnership with online personal finance company SoFi to develop a debt relief program for its employees early in their careers. “Student loan debt has become a national issue, and we want to ease the burden and worries […]

Funding activities

Why lying about money can ruin your relationship

On Valentine’s Day, it’s easy to pretend that everything is fine in your relationship. Every other day? Not really. That’s why it’s so important to answer questions like these: Have you ever lied to your spouse or partner about the cost of something? What would you say get into debt your significant other knows nothing? […]

Funding activities

Csb Bank partners with Iifl Finance to originate gold loans

Private sector lender CSB Bankformerly Catholic Syrian Bank, announced today that it has entered into a partnership with a non-banking financial company, IIFL Finance (IIFL) for sourcing and managing retail gold lending assets. Acting as Business Correspondent (BC) of the bank, IIFL will find new business in markets where CSB Bank does not have an […]

Funding activities

IMF bailout hopes for South Africa crumble as Zuma loyalists resist

President Cyril Ramaphosa during a breakfast briefing ahead of the World Economic Forum on January 18, 2018 in Johannesburg, South Africa. Moeletsi Mabe | Sunday hours | Gallo Pictures | Getty Images South Africa now has less than a 33% chance of getting an IMF (International Monetary Fund) bailout this year, new research projects. After […]

Funding activities

Board of Directors Approves Nassau County and NIFA Debt Refinancing Plan

The Nassau Interim Finance Authority voted Thursday to refinance up to $1.4 billion of existing county and NIFA debt in a bid to save Nassau $435 million over two years as it faces the economic fallout from the coronavirus pandemic. Directors of NIFA, a state board that controls the county’s finances, approved the deal Thursday […]

Funding activities

Here’s why the massive explosion in Beirut will worsen Lebanon’s financial nightmare

the destruction of the port of Beirut by a massive explosion on Tuesday will plunge Lebanon deeper into the protracted financial crisis it has faced in recent months, which forced the country to default on a $1.2 billion eurobond in March. At least 135 people died in the explosion and another 5,000 were injured after […]

Funding activities

Terrorist attack kills 22 at Manchester Arena

A man with an ‘improvised’ bomb killed at least 22 people and injured 59 outside a concert hall full of teenagers in the center Manchester Monday evening, in the UK’s worst terror incident since 2005. Police said the suicide bomber, who died in the blast, detonated the device around 10:30 p.m. shortly after American pop […]

Funding activities

11 of the Best Budgeting Books to Calm Your Money Problems

This content contains affiliate links. When you purchase through these links, we may earn an affiliate commission. Are you still on this”New year, new moneyor have you already given up on your resolution to save more money in 2019? Well, if you’re still working for arrange your personal finances (Don’t give up!), then you’ve come […]

Funding activities

How a born spendthrift paid off $24,000 in debt in 15 months

Anna Newell Jones considers herself a “born spendthrift” whose desire for the latest fashions and gadgets has driven her into debt. When she got married in May 2009, she had a big secret: she owed nearly $24,000 in credit card debt, student loans and money her parents had borrowed for her. She was living paycheck […]

Funding activities

This depressing chart shows the jaw-dropping wealth gap between millennials and baby boomers

OK boomer – share the wealth. When baby boomers (born between 1946 and 1964) reached a median age of 35 in 1990, they collectively owned 21% of the national wealth. Millennials will hit that median age of 35 in four years, and they’re nowhere near that percentage. In fact, this intergenerational wealth chart drawn by […]

Funding activities

Financing Black-Owned Businesses—7 Financial Resources for Black-Owned Businesses

If a light bulb went off in your head and inspired you to start a business, good for you. Now all you need to turn this brilliant idea into reality is a big wad of cash. Its, uh, difficult? Well, I hope you don’t let a less than ideal bank account keep you from entering […]

Funding activities

Household debt: whose fault is it if people find themselves in financial difficulty after taking out a mortgage?

Treasurer Scott Morrison made a suggestion for Australian mortgagees, or people who wish to be: “Just because you can borrow doesn’t mean you should.” “Sometimes when people look at what banks say they’re going to lend to them, they seem to think that’s sort of a green light and that’s an assurance that they’ll be […]

Funding activities

Fights break out in US debt markets

A massive wave of corporate distress is pitting struggling companies against their lenders in fights that shape until be meaner than ever. Desperate companies and their private equity owners are looking to take advantage of years of weakened creditor protection to help reduce their obligations and raise funds after the coronavirus outbreak shut down businesses. […]

Funding activities

Business as usual at the Whyalla steelworks | the islander

British industrialist Sanjeev Gupta has assured the South Australian government that his Whyalla steelworks are in good condition and have enough cash to continue operating despite the bankruptcy of one of its main financiers. Concerns have been raised over the future of the 1,200 workers at the Whyalla plant, while a similar number of jobs […]

Funding activities

Who is Pete Buttigieg? What is the Transportation Secretary?

Pete Buttigieg was sworn in as U.S. Secretary of Transportation on February 3, 2021. The former mayor of South Bend, Ind., and presidential candidate, was nominated by President Joe Biden. In this role, Buttigieg leads the US Department of Transportation to ensure the safety and efficiency of the US transportation system. Buttigieg plays a leading […]

Funding activities

Natural Bridge faces more financial questions | Local News

Six years ago, Natural Bridge and its surrounding forest lands were saved from being sold to the highest bidder. Now a state park, the popular Rockbridge County tourist attraction once again faces an uncertain financial future. The park likely won’t be able to make an annual payment of nearly $580,000 on a Virginia Resources Authority […]

Funding activities

Congregational budgets hit hard by covid-19

Stuckey, a 42-year-old who sold cars until the ministry called him 15 years ago, is sympathetic to being strapped for cash. The restaurant was not in great financial shape even before the virus wiped out more than 50% of its weekly offerings. But now the 65-member evangelical church outside Jackson is in survival mode. Which, […]

Funding activities

Affirm and Afterpay could change the consumption habits of millennials — Quartz

It has never been so easy to buy a lot of things. Everything you need – a $1,000 mattress, a $2,000 exercise bike – is just a click away. The only thing stopping you is your budget or credit card limit. But not more. In the age of e-commerce, there are now third-party sites more […]

Funding activities

Goldfinch Launches Debt Finance Company to Invest in Film, TV and Games | News

London-based film finance company Goldfinch Entertainment is launching Bird Box Finance (BBF), a debt finance company that will target the UK film, television, animation and games industries. Bird Box will aim to lend out £15-20m in its first six months of operation, backed by a London-based bank and private investors. The company will […]

Funding activities

Airbnb pays 10% interest on debt, valuation cut to $18 billion: report

Loading Something is loading. Airbnb has agreed to pay more than 10% interest on additional funding it recently raised and will offer its new investors warrants that value the company at $18 billion, The Wall Street Journal reported Tuesday. Airbnb announced on Monday that it has lifted $1 billion in debt and equity of Silver […]

Funding activities

Senior housing deals face ‘real debt problem’, longer deadlines and tougher requirements

Capital markets for seniors’ housing remain volatile, four months after the coronavirus pandemic. But they are no longer in a state of “volatility peak.” Debt and equity lenders are returning to the space, but debt lenders in particular are slower to announce their presence, quickly retreat to the sidelines, and are extremely cautious with the […]