Tag: FINANCIAL INSTITUTIONS
Recent Articles
New Chapter 11 Filings, Disclosures: April 12 – April 16, 2021
At least two major companies have either filed for Chapter 11 bankruptcy protection or defaulted on loans during the week of April...
ViacomCBS Networks International Agrees to Acquire Chilevisión
On Monday April 5, ViacomCBS Inc. (NASDAQ: VIAC, VIACA) announced that it had agreed to acquire Chilevisión from WarnerMedia. WarnerMedia is a...
Carnival Reports $2 Billion Quarterly Loss
Carnival reports $2 billion quarterly loss. This is due to COVID-19 pandemic restrictions on the cruising industry, which has decimated Carnival and...
New High Yield Bond Ratings: April 5 – 9, 2021
At least 35 companies received a revision on high yield bond ratings during the week of April 5-9, 2021. These revisions caused...
ECB President Lagarde Expects Strong Rebound for EU Economy in Second Half
Despite COVID-19 struggles, European Central Bank (ECB) President Christine Lagarde told CNBC on April 9 that the European Union (EU) will hit...
Most Popular
New High Yield Bond Ratings July 27 – July 31, 2020
At least 23 companies received downgrades or revisions on high yield bond ratings during the week of July 27 – July 31,...
Facebook Aims to Launch Cryptocurrency Libra in January
Libra, Facebook’s controversial cryptocurrency, will launch in January, according to The Financial Times. Facebook aims to give its 2.4 billion users a...
Aeva Goes Public in $2.1 Billion Merger
Aeva has gone public in a $2.1 billion merger. The company is merging with InterPrivate Acquisition Corp. with a postmarket valuation of...
Distressed Asset Report: July 2020
As the summer heat picked up, defaults and distressed ratings cooled down.
Just two private equity-owned companies ended July...
Blackstone Announces Gene Lockhart as Senior Advisor
Today, Blackstone appointed Gene Lockhart, former CEO and President of Mastercard, as a senior advisor. He will advise in the Blackstone Growth...
