China's Youyuan International Holdings, a wrapping tissue paper maker, has defaulted on a total of HK$2.6bn ($332m) of debt, including a $135m loan sealed this April. [ABSTRACT FROM AUTHOR]
INSURANCE brokers, FROZEN foods, LOANS, DEBT, PAPER
Abstract
On Monday, Financiere CEP, the French insurance broker, and UK frozen food producer Nomad Foods launched refinancing offerings to increase the size of existing debt. [ABSTRACT FROM AUTHOR]
CORPORATE debt, WORKING capital, INTEREST rates, LIQUIDITY (Economics)
Abstract
The Monetary Authority of Singapore (MAS) published a paper on banks' underwriting and corporate lending businesses on Monday. While the central bank did not observe a deterioration in underwriting standards, it cautioned the country's lenders about the increasing use of working capital and bullet loans. [ABSTRACT FROM AUTHOR]
Published
2016
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