Debt
Wing Tai establishes S$1 billion multicurrency debt issuance programme
WING Tai Holdings has established a S$1 billion multicurrency debt issuance programme. The property developer and fashion retailer on Wednesday (Mar 6) said it plans to use the net...
Chinese insurers warn of debt risks at property giant Vanke
SOME of China’s largest insurers are sounding an alarm over the debt risks of China Vanke, according to people familiar with the matter, as shares and bonds of the...
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
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$1.1 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’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...
