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Credit Corporate Debt

  • RIDE SERVICES COMPANY LYFT HAS CLOSED A $600 MILLION FINANCING ROUND FROM INVESTORS INCLUDING KKR- KKR PRESS RELEASE.

  • Corporate debt at new highs for these sectors

    Corporate debt hit new highs last year.

  • CENOVUS ENERGY INC CEO FERGUSON SAYS 75 PERCENT OF FINANCING IN PLACE TO BUY CANADIAN ASSETS OF CONOCOPHILLIPS.

  • *Shanghai court orders $79 mln assets frozen. SHANGHAI, April 11- China Huishan Dairy Holdings Co Ltd said it has received a warning of broken loan covenants and that some assets have been frozen, in a double blow for an indebted firm whose shares have crashed and whose finance executive is missing. The dairy also said a Shanghai court had frozen assets worth 546...

  • *Shanghai court orders $79 mln assets frozen. SHANGHAI, April 11- China Huishan Dairy Holdings Co Ltd said it has received a warning of broken loan covenants and that some assets have been frozen, in a double blow for an indebted firm whose shares have crashed and whose finance executive is missing. The dairy also said a Shanghai court had frozen assets worth 546...

  • *Shanghai court orders $79 mln assets frozen. SHANGHAI, April 11- China Huishan Dairy Holdings Co Ltd is facing a major challenge from creditors after banks including HSBC Holdings PLC said the troubled firm had violated covenants linked to a $200 million loan, while a Shanghai court froze some assets. The firm also said a court in Shanghai had ruled to have 546...

  • CARACAS, April 7- Venezuela's central bank has agreed to a repurchase agreement that would provide at least $300 million from New York- based investment fund Fintech Advisory Inc amid a cash crunch, two market sources and a source close to the government told Reuters on Friday. Venezuela's oil-dependent economy is suffering a brutal recession that has...

  • BANK OF AMERICA MERRILL LYNCH ADVISERS ISSUED MORE LOANS TO SMALL BUSINESS CLIENTS IN 2016 THAN IN PRIOR 20 YEARS COMBINED- MERRILL HEAD.

  • NEW YORK, April 4- JPMorgan Chase& Co Chief Executive Jamie Dimon devoted one-third of his annual shareholder letter to arguments for changing regulations, particularly those on bank capital and liquidity, as well as home mortgage loan financing. Dimon's comments on bank regulation come at a time of possible flux in rules and laws under a new White House and...

  • NEW YORK, April 4- Jamie Dimon, chief executive of JPMorgan Chase& Co, on Tuesday devoted one-third of his annual letter to shareholders to arguments for changing regulations, particularly those on bank capital and liquidity, as well as home mortgage loan financing. Dimon said that current regulations are inconsistent and have left banks with "too much capital,"...

  • *Asks creditors to give their agreement by April 14. TOKYO, April 4- Toshiba Corp asked creditor banks for a new loan and offered as collateral a stake in its memory chip unit that is being split off, sources said, underlining the firm's growing financial woes as it braces for a multi-billion dollar loss. The TVs-to-construction Japanese conglomerate expects to...

  • CARACAS, April 3- Venezuela's central bank is negotiating about $500 million in financing with a New York- based investment fund by using PDVSA bonds as collateral to help meet almost $3 billion in debt payments coming due in April, a lawmaker said on Monday. The bank began talks with U.S. investment fund Fintech Advisory Inc three weeks ago to obtain some of the...

  • ZHANGWU, China, April 4- The crisis at Huishan Dairy, one of China's biggest dairy companies, is a stark reminder of what can lurk in the dark corners of corporate China, where rapid growth can go hand in hand with tangled finances and heavy debt. China Huishan Dairy Holdings Co Ltd embraced what its executives called "innovative financing", from the sale and leaseback...

  • MONTREAL/ OTTAWA, April 3- Canadian plane and train maker Bombardier Inc tried to contain a public relations debacle on Monday after protests and a dressing down by Prime Minister Justin Trudeau over hefty executive pay hikes just weeks after its latest government loan. The pay hikes, disclosed in public filings last week, sparked protests outside...

  • SAO PAULO/ BRASILIA, April 3- Brazil's banks are prepared to cope with a potential rise in corporate loans in or at risk of default, the central bank said on Monday, a sign efforts by lenders to refinance looming debt maturities are slowly easing the country's worst credit crunch in two decades. Brazil's harshest recession on record has prompted banks to...

  • BRASILIA, April 3- Corporate loans in or at risk of default in Brazil will rise marginally in coming months, a situation that represents no risk for the stability of the nation's banking system, a central bank director said on Monday.

  • SAO PAULO/ BRASILIA, April 3- Brazil's banks remain prepared to cope with a potential rise in corporate loans in or at risk of default, the central bank said on Monday, a sign efforts by lenders to refinance looming debt maturities are slowly easing the country's worst credit crunch in two decades. Brazil's harshest recession on record has prompted banks to...

  • BEIJING, March 31- Improving asset quality and rising loan demand could see some of China's biggest listed banks bolster their profit growth this year, bankers signalled this week, even as interest margins remain under pressure and more bad loans are written off. "The trend is promising," Yi Huiman, Chairman of Industrial and Commercial Bank of China Ltd, the...

  • *Sale to reduce UKAR's balance sheet to 22 bln stg. LONDON, March 31- Britain has sold a portfolio of mortgages issued by failed lender Bradford& Bingley for 11.8 billion pounds to insurer Prudential and buyout firm Blackstone in one of the biggest deals of its kind. It spent more than 136.6 billion pounds rescuing some of Britain's biggest high street lenders,...

  • BEIJING, March 31- Improving asset quality and rising loan demand could see China's biggest listed banks bolster profit growth in 2017, bankers signaled this week, even as interest margins remain under pressure and bad loan write-offs continue. "The trend is promising," Yi Huiman, chairman of Industrial and Commercial Bank of China Ltd, said on Thursday, citing...