Tag: debt
Travelex Owner Finablr Might Owe US$1.3bn In Debt
Travelex owner Finablr on Thursday said that it might as much as US$1.3 billion in debt in a statement posted to London Stock Exchange...
Saudi Arabia Releases Triple-Tranche Bonds In A Bid To Replenish Coffers
The Kingdom of Saudi Arabia is said to have already received more than US$35 billion in combined orders for a planned triple-tranche bond sale...
Egyptian Pound Continues to Rise as Inflows Pick Up
(Bloomberg) --Egypt’s currency, one of the world’s best performers in 2019, has breached a key threshold following inflows of more than $1.5 billion in...
Kuwait’s Budget to Stay in Red After Half Decade of Deficits
(Bloomberg) --Kuwait unveiled budget proposals that forecast a wider deficit for the year starting April 1, outlining fiscal plans that include a drop of...
Global Debt-to-GDP Ratio Hit an All-Time High Last Year
(Bloomberg) --The global debt-to-GDP ratio hit an all-time high of 322% in the third quarter of last year, according to a report released Monday...
Lebanon Eyes Voluntary Swap of March Eurobond Into New Debt
(Bloomberg) --Lebanon’s central bank wants local holders of a $1.2 billion sovereign Eurobond maturing in March to swap into new notes as part of...
Saudi Arabia May Tap Debt Market in January to Cover Deficit
(Bloomberg) --Saudi Arabia may tap international debt markets as early as next month as it seeks funding to help bridge its widening budget deficit.
Most...
The Way Out for a World Economy Hooked On Debt? More Debt
(Bloomberg) -- Zombie companies in China. Crippling student bills in America. Sky-high mortgages in Australia. Another default scare in Argentina.
A decade of easy money...
Record $2.4 trillion global bond binge is threatening investor returns
(Bloomberg) --An unprecedented frenzy of debt sales around the world is threatening to cool this year’s hot returns on corporate bonds.
Companies have sold a...
