Investors can no longer take Hong Kong developers’ debts for granted.
“Country Garden’s ability to pay remains very uncertain at this point,” says Nicholas Chen, a Singapore-based analyst at research firm CreditSights. “You can be a “high quality” deveoper but still…
“In our view, infrastructure is the most important driver of Chinaʼs ambitious 5.5% GDP growth target this year, and local government special purpose bonds are a key funding source,” says…
“The creative financial engineering has served Michael Dell and Silver Lake’s interests over the years, notably the creation and elimination of the VMware tracking stock, although shareholders have also enjoyed…
It also worries analysts like Mary Pollock of CreditSights that Son “continues to put SoftBank equity over creditors, without so much as a nod to risk management.”
The largest fourteen U.S. banks will have the capacity to pump at least $500 billion of cash into businesses by way of fulfilling corporate credit lines, according to fixed income…