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1 week ago | 
bloomberg.com | Constantine Courcoulas |Edward Clark |Kerim Karakaya
This article is for subscribers only. Welcome to The Brink. It’s Constantine Courcoulas, Kerim Karakaya and Edward Clark, reporters in London, where we’ve been reporting on the impact of tariffs and internal instability on Turkish exporters. We also have the latest on Hertz exploring options and Argentina’s bond spike. Follow this link to subscribe. Send us feedback and tips at [email protected].
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1 week ago | 
bloomberg.com | Edward Clark |Libby Cherry
An elderly resident is pushed in a wheelchair at a nursing home. Photographer: Bartek Sadowski/Bloomberg(Bloomberg) -- French nursing home operator Colisee Group failed to make a payment due under a term loan facility on Friday, triggering a 30-day grace period to make the interest payment, according to people familiar with the matter.
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1 week ago | 
news.bloomberglaw.com | Jill shah |Edward Clark
Credit investors are looking to pounce on new opportunities resulting from the wild swingsin global financial markets triggered by the US-China trade war. Average spreads in the US high-yield bond market are about 419 basis points — lingering around the highest since late 2023 — while prices in the leveraged loan market have dipped to below 95 cents on the dollar since President Donald Trump’s announcement this week that the US was raising the tariffs on Chinese goods to 145%.
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1 week ago | 
news.bloombergtax.com | Jill shah |Edward Clark
Credit investors are looking to pounce on new opportunities resulting from the wild swingsin global financial markets triggered by the US-China trade war. Average spreads in the US high-yield bond market are about 419 basis points — lingering around the highest since late 2023 — while prices in the leveraged loan market have dipped to below 95 cents on the dollar since President Donald Trump’s announcement this week that the US was raising the tariffs on Chinese goods to 145%.
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2 weeks ago | 
bloomberg.com | Aaron Eglitis |Edward Clark
Air Baltic Corp. said in September that a share sale long in the works could raise as much as €300 million. (Bloomberg) -- Latvia has reached out to neighboring countries about investing in Air Baltic Corp AS, its premier said, after the state-owned airline dismissed its chief executive officer ahead of plans for an initial public offering. The airline said in September that a share sale long in the works could raise as much as €300 million ($332 million).
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2 weeks ago | 
news.bloomberglaw.com | Edward Clark |Libby Cherry
A group of bank lenders to German auto parts supplier have picked the investment bank to advise them amid negotiations over the company’s debt load, according to people familiar with the matter. • Webasto already reached a stabilization agreement with lenders in December and brought on a chief restructuring officer with the aim of negotiating a more holistic restructuring• Webasto has more than €1 billion of debt and has enlisted and to advise ...
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3 weeks ago | 
news.bloomberglaw.com | Edward Clark |Neil Callanan
Thousands of UK businesses filed for insolvency ahead of tax and wage increases on employers, a blow to Chancellor Rachel Reeves’ efforts to balance the struggling economy’s books. More than 3,700 firms filed for insolvency in the past month, according to notices filed to The Gazette, where the country’s business closures are advertised. That’s a 32% increase on the same period last year.
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3 weeks ago | 
news.bloombergtax.com | Edward Clark |Neil Callanan
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3 weeks ago | 
news.bloombergtax.com | Edward Clark |Neil Callanan
XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.
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3 weeks ago | 
bloomberg.com | Edward Clark |Neil Callanan
Thousands of UK businesses filed for insolvency ahead of tax and wage increases on employers, a blow to Chancellor Rachel Reeves’ efforts to balance the struggling economy’s books. More than 3,700 firms filed for insolvency in the past month, according to notices filed to The Gazette, where the country’s business closures are advertised. That’s a 32% increase on the same period last year.
