Debt

Elite Commercial Reit secures £135 million debt facilities
Elite Commercial Reit secures £135 million debt facilities
ELITE Commercial Real Estate Investment Trust (Reit) has obtained a committed offer for debt facilities of up to £135 million (S$229.7 million) from a group of financial institutions. At...
Major Amazon merchant aggregator Thrasio files for bankruptcy as it looks to cut debt
NEW YORK -- A major third-party seller on Amazon filed for Chapter 11 bankruptcy protection in a New Jersey court on Wednesday. Walpole, Massachusetts-based Thrasio is asking the court...
Booking.com owner sells debt for stock buyback as travel cools
Booking.com owner sells debt for stock buyback as travel cools
THE owner of travel website Booking.com is selling debt to fund a stock buyback after its shares plunged last week on the back of disappointing earnings. Booking Holdings plans...
Barclays to sell US.1 billion of US credit card debt to Blackstone
Barclays to sell US$1.1 billion of US credit card debt to Blackstone
BARCLAYS has agreed to sell about US$1.1 billion of credit card debt in the United States to Blackstone, in a deal the British bank said would free up capacity...
Ditch the Debt, Fuel the Dream: Alternative Funding Strategies for Small Businesses Avoiding Loans | Entrepreneur
The pressure’s on. You envision launching your dream business, but traditional loans are a heavy anchor, dragging down your entrepreneurial spirit. What if there was a way to build...
Aspial Lifestyle unit ups stake in property debt investment platform BigFundr to 70% from 15%
Aspial Lifestyle unit ups stake in property debt investment platform BigFundr to 70% from 15%
ASPIAL Lifestyle’s fully-owned subsidiary Maxi-Cash Capital Management (MCCM) is raising its stake in real estate investment platform BigFundr to 70 per cent from the current 15 per cent. In...
Barclays must face US shareholder lawsuit over .7 bln debt sale blunder
Barclays must face US shareholder lawsuit over $17.7 bln debt sale blunder
A US judge said Barclays must face part of a proposed class action by shareholders over the British bank’s sale of US$17.7 billion more debt than regulators had allowed....
From Dental Debt to $37K Monthly: Side Hustle Success Story | Entrepreneur
This Side Hustle Spotlight Q&A features Lilly Skjoldahl, founder of furniture-flipping business The Furniture Dr.Image Credit: Courtesy of The Furniture Dr. Lilly Skjoldahl. What were you doing before you...
Thailand to create asset management firm to tackle soaring household debt
Thailand to create asset management firm to tackle soaring household debt
THAILAND will establish an asset management firm in the first quarter of this year to help resolve its stubborn problem of high household debt worth US$452 billion, the prime...
AI and ML in Debt Recovery Processes | Entrepreneur
Financial institutions use artificial intelligence (AI) and machine learning (ML) models to reshape debt recovery. Although you probably haven’t noticed any changes yet — these technologies are already having...