The city of Beaumont could soon devote an additional $ 33 million to improving municipal drainage ditches, its storm water system and various streets, among other projects. The money would come from debt issued in the form of “bond certificates” that would be repaid $ 2.1 million per year over 20 years, CFO Todd Simoneaux […]
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About 30% of people polled in a July survey by US News say they owe more than $ 30,000 in student loans. Unfortunately, although almost a quarter owe $ 10,000 or less, some owe significantly more. Over 11% say they repay more than $ 50,000 in student loans. What many former students face, no matter […]
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Altria Group, Inc. (NYSE: MO) is a major player in the tobacco industry. With well-known brands like Marlboro and a portfolio of other tobacco products, the company has expanded into other businesses as well, but is now looking for exits and focusing on its core business. Yet, over the past 5 years, the debt ratio […]
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Two co-founders of Puerto Rico-based digital bank FV say they became the first in history to secure a U.S. patent for a stablecoin design based solely on government debt. The patent application, filed last year on the back of a pre-existing patent by Nitin Agarwal and Miles Paschini, describes their instrument as a “tokenized crypto […]
Issued Debt
Lynx Global Completes Acquisition of Majority Stake in EMI Approved Banking Institution in South East Asia
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News and research before you hear about it on CNBC et al. Claim your 1-week free trial for StreetInsider Premium here. Vancouver, British Columbia – (Newsfile Corp. – July 21, 2021) – Lynx Global Digital Finance Corporation (CSE: LYNX) (OTC Pink: CNONF) (FSE: 3CT0) (“Lynx” or the “Company”) is pleased to announce that on July […]
Company Debt
Recommended benchmarks or credit sensitive indices: the best way forward? | Arent Renard
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General In the United States, SOFR is the recommended benchmark but has not been widely adopted. In the UK, SONIA is the recommended benchmark and has been widely adopted. What is best to use depends mainly on the combined debt and interest rate swap situation of the company and the bank. Recommended references The positive […]
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Filed in accordance with Rule 424 (b) (2) File number 333-236148 This preliminary prospectus supplement relates to a registration statement in effect under the Securities Act of 1933, but is not complete and may be amended. This preliminary prospectus supplement and the accompanying prospectus do not constitute an offer to sell such securities and it […]
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Berkshire Hathaway’s Charlie Munger-backed external fund manager Li Lu is quick to say “The biggest risk in investing is not price volatility, but whether you will suffer a permanent loss of capital”. It is only natural to consider a company’s balance sheet when looking at its level of risk, as debt is often involved when […]
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Mutual funds, with higher risk, have the potential to keep pace with inflation, experts say For years, investors have trusted term deposits (FD). It remained for them the most reliable investment instrument. The reasons are simple: it’s convenient to manage, risk-free, and most importantly, many don’t want to experiment yet. However, with the emergence of […]
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VANCOUVER, British Columbia, July 19, 2021 (GLOBE NEWSWIRE) – AgraFlora Organic International Inc. (“AgraFlora“or the”Company“) (CSE: AGRA) (Frankfurt: PU31) (OTCPK: AGFAF) announces that its board of directors has approved the payment of amounts due for services rendered (the “Debt settlement“) through the issuance of ordinary shares (the”Actions“). Pursuant to the debt settlement, the Company issued […]