Here’s an interesting snippet on the Yellow / Apax / Traders’ deal: Apax-owned Trader Media, which publishes Auto Trader, will take on £150m of additional debt to fund a dividend for the private equity firm. …
Search Results for: performance
July 20, 2011
European banks will need lots of capital: Banks in the European Union could face fines of up to 10 percent of turnover if they fail to comply with tougher capital and liquidity rules, the bloc’s …
July 19, 2011
The BoC remains on hold: Overall, the Bank projects the economy will expand by 2.8 per cent in 2011, 2.6 per cent in 2012, and 2.1 per cent in 2013, returning to capacity in the …
July 18, 2011
Bloomberg editorialized on the European stress test: What most undermines the credibility of this latest attempt to calm Europe’s financial fears — the third in three years — is that a sovereign-debt default wasn’t among …
July 15, 2011
Eight European banks failed their stress test: Eight banks failed the European Union stress tests after regulators said they had a combined capital shortfall of 2.5 billion euros ($3.5 billion). The banks were found to …
July 14, 2011
Fitch had better prepare for a crowd of sans culottes shouting ‘a la lanterne’: Greece’s credit rating was cut three levels to Fitch Ratings’ lowest grade for any country in the world as the company …
July 13, 2011
This is cool: Capital Structure Arbitrage-Implied Index Trading: In this paper, we develop long-short trading strategies derived from the work of Merton [1974], which provides theoretical relationships between equity, equity volatility, and credit. We then …
July 12, 2012
Trader Corporation is issuing USD junk bonds: One deal has launched in the high-yield market this morning as issuance remains slow. Trader Corporation, a Canadian online automotive marketplace, announced a US$275m seven-year non-call three senior …
July 11, 2011
Is your country falling apart? Blame the short sellers! Italy’s financial-market regulator moved to curb short selling after the country’s benchmark stock index fell the most in almost five months and bonds tumbled on investor …
SBN.PR.A Annual Report 2010
S Split Corp. has released its Annual Report to December 31, 2010. SBN / SBN.PR.A Performance Instrument OneYear ThreeYears Whole Unit +8.65% +3.20% SBN.PR.A +5.38% +5.38% SBN +11.71% +1.45% BNS (underlying) +20.4% +8.99% Figures of …