BDCs have been criticised as instruments where external sponsors extract high fees and pursue asset growth over vigilant underwriting
Rating agency’s decision to leave Docklands office for City of London marks latest exit by financial tenant
State-backed property group is country’s second largest and has been part of Beijing’s efforts to revive growth
Credit rating cites concerns for economy in country’s first ever downgrade
Regional lender promotes former Flagstar chief to executive role after rating cut to junk
Higher borrowing costs raise concerns over debt payments in healthcare and business services
US rating agency employees in Beijing and Shanghai believe concern over possible backlash prompted unusual move
Rating agency cites increasing risks to growth and a property sector crisis
Despite country’s huge debt load, politicians, central banks and rating agencies prevent it tumbling into the abyss
Rating agency says move reflects drastic rise in Treasury yields and ‘political divisions’
Rating agency says looming ‘race to the bottom’ between banks and private debt funds could erode credit quality
Report comes as hopes for congressional deal to avert crisis fade
Ninth question leads to another look at Casino’s CDS
Debt rating agency singles out Ares and Owl Rock funds for scrutiny after interest rates rise
ALMs for the poor
Moody’s RMS boss urges sector not to give up in areas hit by storms and floods
Factory gate prices, shipping rates and expectations suggest headline price growth will slow
Rating agency’s sudden closure of profitable risk management business comes as it works to trim costs
Reports of the technology’s adoption are greatly exaggerated
Many loan term sheets lack definitions for ebitda allowing corporates to avoid breaching covenants
Plus, unpacking the sustainable bond hype and Brad Pitt’s affordable housing project hits trouble
Rating agency points to opacity and eroding standards among risk factors
Research from Moody’s suggests ‘fallen angels’ and ‘rising stars’ experience step changes in borrowing costs
Analysts anticipate wave of fragile companies facing future defaults after ‘clear signs of risk taking’
Disposal of RMS for £1.43bn paves way for Rothermere family to take UK publisher private