Wednesday, September 30, 2020
Tags Corporate debt

Tag: corporate debt

Bankruptcy court approves Neiman Marcus’ plea to access financing

(Reuters) - U.S. luxury department store chain Neiman Marcus Group said on Friday it received court approval to access $675 million of...

Neiman Marcus in bankruptcy talks with lenders: Bloomberg Law

(Reuters) - Luxury retailer Neiman Marcus Group Inc is in talks with lenders to file for bankruptcy as it struggles to ease...

U.S. junk bonds fall despite unprecedented Fed stimulus

NEW YORK (Reuters) - Prices of the riskiest U.S. corporate bonds fell on Monday as investors bet that the Federal Reserve's pledge to backstop...

Big UK airlines ground most of their fleets to survive coronavirus

LONDON (Reuters) - Britain's big airlines said on Monday they would have to ground most of their fleets to survive the coronavirus crisis, with...

Investors prepare for more market swings as virus spreads in the...

(Reuters) - With one of Wall Street's wildest weeks in recent memory now in the history books, investors are bracing for more uncertainty and...

U.S. companies draw on credit lines, fearing they may lose them

NEW YORK (Reuters) - Banks have hundreds of billions of dollars in credit lines extended to corporate America. Some companies are no longer banking...

Wall Street Week Ahead: Bond fund managers see risk Fed cuts...

NEW YORK (Reuters) - Speculation the Federal Reserve will continue cutting interest rates well past its policy meeting next week is pushing some bond...

U.S. Treasury temporarily blocks creditor seizure of refiner Citgo

CARACAS (Reuters) - The United States on Thursday temporarily blocked a creditor seizure of Citgo, a win for political leaders in Venezuela struggling to...

SoftBank adds to financial burden with $10 billion WeWork deal

TOKYO (Reuters) - SoftBank Group Corp's financial strains escalated on Wednesday as it agreed to spend more than $10 billion to take over office-space...

U.S. oil major Chevron says hopeful about maintaining Venezuela presence

(Reuters) - U.S. oil major Chevron Corp () said late on Friday it is optimistic about maintaining a presence in Venezuela even amid U.S....