The Truth About Debt Relief and When to Seek It
Are you overwhelmed by credit cards bills, student loans payments or other debts. Looking for debt relief may help you manage your financial obligations.
You can get debt relief in many different ways. One may be better than the next. …
Speaking the Language of Portability: How Portability Clauses Help Indebted Companies Conclude…
Canada: Speaking the Language of Portability: How Portability Covenants Help Indebted Companies Conclude M&A Transactions…
Governments issued more debt than ever in the past month
The economic impact of the coronavirus pandemic prompted governments to issue more debt than ever in April, according to data provided by the Institute of International Finance.The Covid-19 epidemic has forced countries to close their…
Peabody enters into support agreement with certain creditors for debt relief, debt maturity…
ST. LOUIS, December 24, 2020 / PRNewswire / - Peabody (NYSE: BTU) has entered into a transaction support agreement with 100% of its revolving lenders and letter of credit issuers and approximately 65% of its 6,000% senior secured…
Powerful Argentinian Vice President calls for delay in debt deal with IMF
Argentina updatesSign up for myFT Daily Digest to be the first to know about news from Argentina.
Mighty Argentine Vice President Cristina Fernández de Kirchner and her left-wing administration allies want to postpone a…
Private equity attacks its own medicine in controversial debt battles
The barbarians are crying scandal. For decades, private equity firms have been viewed as aggressive intruders, using sophisticated practices to prevail in brutal corporate competitions.Now this is reversed. In a wave…
Oaktree deal crushed leveraged loan and exposed market woes
About three months after a controversial debt deal rewrote the rules of the leveraged lending market, tipping the scales in favor…
Mortgage debt continues its long upward trajectory
Despite a significant drop in acquisition funding over the past two quarters, loan refinances, particularly for FHA, Fannie Mae, Freddie Mac and bank balance sheets, helped push total mortgage balances for the third quarter, according…
Record $ 83 billion in credit card debt decline in 2020 and cities with the biggest repayments…
While 2020 was a year to be forgotten in many ways, Americans have excelled at paying off credit card debt, getting rid of a record $ 82.9 billion debt, according to the latest website. personal finance WalletHub.…
The new king of debt
Former President Donald Trump once said "the king of debt. “President Joe Biden will resoundingly dethrone him.The Congressional Budget Office has published its half-yearly economic forecast for February 11, and the numbers are amazing.…