Learn about acceleration covenants, crucial clauses that let lenders demand full loan repayment if borrowers breach terms, ...
(Reuters) -French video game group Ubisoft reported quarterly bookings above its guidance on Friday, after a week-long delay in publishing the results related to an accounting change that led to a ...
KENMARE Resources has targeted lower output for its 2026 financial year than in previous years and renegotiated covenants with lenders amid expectations of balance sheet pressure brought about by ...
Aug 14 (Reuters) - A growing number of U.S. companies are seeking more flexible covenants in their credit agreements to increase their debt loads while avoiding approvals from all their existing ...
I maintain a Sell rating on PAMT, targeting $9.45, reflecting sector weakness, margin pressure, and premium valuation versus peers. PAMT faces cyclical lows: revenues down 17%, operating ratio near ...
Private debt is on the rise. The roots go back to the 2008 financial crisis. As banks tightened lending to small and mid-sized businesses, large investors — pension funds, insurers, sovereign wealth ...
Good afternoon, and thank you for joining us. I'm Ken McKinnon, Chair of Touchstone. And before handing over to Paul and Brian, who will take you through the presentation, I wanted to outline what I ...