Debt
Atome Financial secures up to US$100 million in growth debt facility from EvolutionX
DIGITAL financial technology platform, Atome Financial, has secured a three-year term loan facility from EvolutionX Debt Capital, which is a growth-stage debt financing platform jointly set up by DBS...
Indonesia’s bonds hit hardest in Asia as state debt risks grow
INDONESIA state-run power utility’s dollar bonds have suffered the most in Asia over the past two weeks due to rising concerns about the nation’s debt. This has pressured local...
Debt ceiling standoff could trigger US rating downgrade
A potential debt ceiling standoff in the United States next year could be one of the worst since the 2011 crisis, which may trigger another sovereign credit rating downgrade,...
Japan lays groundwork to sell shorter debt as Bank of Japan eyes rate hike
JAPAN must create an environment where government bonds remain an attractive investment for financial institutions, such as by issuing shorter-duration debt, a finance ministry panel is likely to say...
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 three years, its chairman said in an annual report...
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 getting more popular. Dividend recapitalisations, where owners of lower-rated companies...
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 at least US$700 million in secured debt as well...
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 proceeds raised will be used for general corporate purposes...
