debtladen

French supermarket chain Casino is expected to begin official negotiations with creditors this week, as a group of wealthy investors circle the indebted retail empire built by Jean-Charles Naouri.Saddled with too much debt, declining…

2/2 © Reuters. FILE PHOTO: A China yuan banknote featuring late Chinese chairman Mao Zedong and a computer keyboard are seen reflected on an image of Chinese flag in this illustration picture taken November 1, 2019. REUTERS/Florence…

Breadcrumb Trail Links PMN Business During the days of easy money, one of the most widely tracked numbers in credit markets became an unfortunate punchline. Author of the article: Bloomberg News Shannon D. Harrington…

© Reuters. FILE PHOTO: Secretary-General of the United Nations, Antonio Guterres speaks as he receives the University of Lisbon 2020 prize, in Lisbon, Portugal, January 5, 2023. REUTERS/Pedro Nunes/File Photo By Dawit Endeshaw ADDIS…

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Investors are starting to worry again about high levels of government debt in the eurozone, as the prospect of rising interest rates revives concerns that have largely lain dormant in recent years.Borrowings by debt-laden countries…

Asda’s private equity co-owner has valued its stake in the grocer at almost 20 times the amount it paid last year, an exceptional paper return enabled by the extensive financial engineering used in the takeover.Marylebone-based fund…