Debt
Spirit Airlines Files for Bankruptcy Amid Piling Debt and Years of Financial Losses after Merger With JetBlue Fails
Spirit Airlines announced on Monday that it has filed for bankruptcy protection as it works to restructure its operations amid mounting problems. The airline has been grappling with the...
Nissan faces record debt bill with 1 year left to fix finances
Nissan Motor will have a year of breathing space in 2025 before hitting a record bond maturity wall as concerns mount about its ability to generate cash.The automaker and...
US companies storm debt markets after risk premiums plunge
COMPANIES of all stripes are diving into the debt market on Tuesday (Nov 12), taking advantage of robust demand and relatively favourable borrowing costs.Banks including Citi, Goldman Sachs, HSBC...
Tesla sells US$499 million of debt backed by solar equipment loans
TESLA sold US$499 million of bonds backed by loans offered to customers buying solar equipment.Deutsche Bank began marketing the five-tranche deal on Monday (Oct 28) and the process wrapped...
Tesla sells US$499 million of debt backed by solar equipment loans
TESLA sold US$499 million of bonds backed by loans offered to customers buying solar equipment.Deutsche Bank began marketing the five-tranche deal on Monday (Oct 28) and the process wrapped...
UBS senior banker who pioneered ESG debt swaps leaves firm
He is among a select group of former Credit Suisse bankers who made it into top roles at UBS, after it acquired its troubled Swiss rival last yearA SENIOR...
ADIA to invest US$750 million in debt of India’s GMR Group
ABU Dhabi Investment Authority (ADIA), the UAE’s largest sovereign wealth fund, will invest about US$750 million in the debt of India’s GMR Group, giving it a foothold in one...
Spirit Airlines debt refinancing deadline extended to December
SPIRIT Airlines said on Friday (Oct 18) it has reached an agreement with its credit card processor to extend a debt refinancing deadline by two months until Dec 23.The...
