Here’s why Hamburger Hafen und Logistik (ETR: HHFA) has a heavy debt burden

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 risk.” So it seems like smart money knows that debt – which is usually involved in bankruptcies – is a very important factor, when you assess the level of risk […]

Ceconomy (ETR: CEC) seems to be using debt quite wisely

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 risk.” So it seems like smart money knows that debt – which is usually involved in bankruptcies – is a very important factor, when you assess the level of risk […]

Companies unhappy with timid restructuring of bank debt

Dang Tuan Anh, CEO of taxi company Thanh Loi Group, said, “Whenever there is an epidemic, I ask the banks to reduce the interest on existing loans. But they only say they will consider. “ With more than 600 vehicles on the road in Hanoi and two neighboring provinces, the 20-year-old company is struggling amid […]

Thai real estate giant bets big on tourism rebound with $ 3.2 billion growth plan

Stuffed with cash from one of Thailand’s largest IPOs, the CEO of Asset World Corp. Wallapa Traisorat is building new hotels and renovating tourist sites in the hope of a post-pandemic boom. With Covid-19 always keeps foreign tourists away from pristine beaches and bustling cities in Thailand, leaving more than 80% of hotel rooms unoccupied, […]

Court prevents energy company from accessing N2.8b in banks | The Guardian Nigeria News

Federal High Court, Abuja Judge Daniel Osiaigor of the Federal High Court of Lagos prevented Integrated Energy Distribution and Marketing Company Ltd and Polaris Bank from falsifying funds to their credit totaling $ 6,759,000 (around 2.8 billion naira) or its equivalent in n ‘ any currency in 25 banks, the Debt Management Office (DMO) and […]

Hawaii lawmakers change bills in response to governor’s request

HONOLULU (AP) – Lawmakers in Hawaii on Thursday passed amendments to several bills at the behest of Governor David Ige, including one that uses general funds to pay down debt instead of federal COVID-19 relief funds. Democratic Representative Sylvia Luke, chair of the House Finance Committee, explained that lawmakers and the Ige administration agreed in […]

Biden loan relief program for non-white farmers only stopped by judge

The Biden administration was criticized Thursday with another court ruling against its pandemic relief program to pay off federal loans to all non-white farmers. United States District Court Judge S. Thomas Anderson of the Western District of Tennessee issued a preliminary injunction to prevent the Department of Agriculture from making race-based loan payments under section […]

Why convertible bonds are the asset class of the time

July 10, 2021 IN THE MIDDLE March of last year, as the coronavirus pandemic was setting in, a U.S. private equity boss was asked how his industry would cope with the shock. Companies owned by buyout companies would first seek to get into debt wherever and whenever they could. Raising equity from private investors would […]

TBMA raises bond issuance outlook to 900 billion baht

The Thai Bond Market Association (TBMA) has raised its forecast for corporate bond issuance this year to 900 billion baht from 700 billion to 750 billion baht, as private companies seek to replenish their capital reserves in a context of economic uncertainty, said TBMA President Tada Phutthitada. The value of corporate bond issues in the […]