Parent of India’s Vedanta proposes to cut debt by US$3 billion over next three years
Vedanta Resources, Indian miner Vedanta’s UK-based parent company, will seek to cut its debt by US$3 billion over the next ...
Tag: Debt
Private equity won’t stop gorging on debt to pay investors
PRIVATE equity investors are clamouring for their payouts. A risky approach to meeting their demands is setting records – and ...
Hertz weighs US$700 million sale of secured debt, convertibles
HERTZ Global Holdings, seeking to bolster its balance sheet after an electric vehicles (EVs) blunder, is considering the sale of ...
iFast sets up S$300 million multi-currency debt issuance programme
IFAST Corporation : AIY 0% has established a S$300 million multi-currency debt issuance programme to issue notes or perpetual securities.Net ...
Lenovo to issue US$2 billion of convertible bonds to Saudi’s Alat to repay debt
LENOVO said on Wednesday (May 29) it would issue US$2 billion worth of zero-coupon convertible bonds to Alat, and had ...
Australian pension funds eye niche private debt to boost returns
AUSTRALIA’S pension giants are looking to expand their private credit exposure to some nascent products, as the cash-flushed industry hunts ...
HSBC fined £6.3 millions for unfairly treating customers in debt
HSBC Holdings was fined £6.3 millions (S$10.8 million) for failing to fairly look after more than 1.5 million UK customers ...
China sells record sum of US debt amid signs of diversification
China sold a record amount of Treasury and US agency bonds in the first quarter, highlighting the Asian nation’s move ...
More companies are selling shares to help cut debt
WHEN Metals Acquisition bought a copper mine in Australia from Glencore for almost US$900 million upfront in 2023, it turned ...
Warner Bros Discovery boosts debt buyback to US$2.5 billion
WARNER Bros Discovery increased an offer to buy back debt from investors by US$750 million as part of a plan ...
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