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Interserve confirms debt-for-equity talks | News  Construction News

Interserve has confirmed it is in talks with its lenders regarding a debt-for-equity swap.


Fears for Pizza Express as Moody’s downgrades debt  Telegraph.co.uk

Pizza Express is under mounting pressure from debts, rising costs and fierce competition, credit ratings agency Moody's warned as it downgraded the restaurant ...


'I got into alcohol addiction and debt, but with help I turned things around’  The Guardian

Barry Deacon, 39, on how faith changed his life – and how he came to meet David Hasselhoff.


Martin: '100,000 attempt debt suicide each year - stop the debt threats'  MoneySavingExpert

A new report by the Money and Mental Health Policy Institute calls on the government to change out-of-date legislation which is contributing to people in ...


Now I’m beating my debt and gambling addiction, I can enjoy Christmas  The Guardian

My extravagant present-buying was just a lie. Now I'm being honest with my family – and the payday lenders, says gambling campaigner Danny Cheetham.


Yet another plan for debt repayment | Business  www.ekathimerini.com

The new debt repayment mechanism that the government is negotiating with its creditors provides for haircuts on debts to the tax authorities and social security ...


Debt, relationship breakup and bullying top mental health concerns  The HR Director Magazine

Many mental health issues have a dynamic nature; every employee has different levels of mental health at any given time.


Nepal: first came the earthquake, then came the debt  The Guardian

Survivors of the 2015 quake that killed almost 9000 people around Kathmandu now face another challenge they didn't expect.


Minister Rini: No Successful Companies Without Debt | Economy & Business  En Tempo.co

The state-owned enterprises (SOEs) minister Rini Soemarno said she did not question the debt held by the state-owned companies.


Trump says he doesn't care about predicted US national debt explosion because ‘I won't be here’  The Independent

Donald Trump is reportedly refusing to tackle the US's spiralling national debt because he will not be in office by the time the situation is expected to reach a ...


Wayne Pivac: Scarlets hoping to 'repay the debt' against Ulster  BBC Sport

Scarlets head coach Wayne Pivac says he hopes to get revenge over Ulster when the sides meet again the next week.


How Turkey Created a Debt Crisis  Bloomberg

Erdogan's growth model was fueled above all by cheap money. In 2018, it finally ran out of road.


Hedge funds call in top lawyer to restructure Sudanese debt  Financial Times

A group of hedge funds has hired one of the world's most prominent sovereign debt lawyers in the hope of restructuring up to $8bn in Sudanese debt if the ...


Thomas Cook shares plunge amid fears over £389m debt mountain  The Guardian

Thomas Cook shares tumbled further on Tuesday and the cost of insuring debt issued by the travel firm against default hit a record high, despite its efforts to ...


Bondholders oppose Mexico airport debt restructuring  Financial Times

Investors reject buyback offer as new president works to scrap $13bn building project.


Qatar's Commercial Bank to raise up to $1 billion in debt next year -CEO  Reuters

Qatar's Commercial Bank could raise up to $1 billion in debt next year by tapping a range of various debt instruments, as the country's third-largest lender by ...


Faraday Future CEO’s long trail of debt is finally catching up to him  The Verge

The founder of LeEco and EV startup Faraday Future has built his empire by borrowing heavily. The last year and a half has been full of signs that all that debt is ...


We need debt bonfire, says analyst | Business  The Times

Only a globally co-ordinated debt “bonfire” can save the world's leading economies from depression now that monetary and fiscal armouries are exhausted, ...


Europe's tech startups suffer from 'diversity debt', survey finds  The Guardian

Europe's startup sector has a “shocking” lack of diversity, with 93% of all funds raised in 2018 going to all-male founding teams, according to a report by the ...


Dollar debt sales hit 2½-year low  Financial Times

Global reserve currency's appreciation erodes its attractiveness for bond issuers.


In debt we trust: the rise of art-secured lending  Art Newspaper

The rapid growth in the number of loan providers, from private banks to specialist lenders, could transform the art market's relationship with the financial markets.


Tina Cantello: Man found guilty of debt collector murder  BBC News

A man who stabbed a debt collector 30 times after she visited him to collect some money has been found guilty of murder. Geoffrey Hutton, 38, murdered Tina ...


Italy buys back €3.2bn of short-dated debt  Financial Times

Italy has bought back €3.2bn of its short-dated debt in a move that was financed by tapping an existing three-year bond. The Italian Treasury said in a statement ...


Third of people who run up Christmas debt 'take up to seven months to clear it'  Business MattersBusiness Matters

Nearly a third of people who took out debt to pay for last Christmas took up to seven months to clear what they owed, a survey has foun..


Less local government debt issued in November: report  Asia Times

Local government debt issuance saw a sharp drop in November, recording 45.94 billion yuan, while October debt issuance hit 256 billion yuan, Securities Daily ...


‘Chicken king’ supplier Boparan in £250 million debt row  Evening Standard

Chicken supplier 2Sisters is facing renewed City pressure over plans to exclude a group of lenders from a £250 million debt repayment. The row is the latest ...


South African State Pension Fund Would Buy Eskom Debt, BT Says  Bloomberg

South Africa's state pension fund would buy Eskom Holdings SOC Ltd. bonds if the government offered them to help refinance the ailing power utility, the ...


Mum-of-three trapped by £8,355 high cost credit debt and poverty premium  The Sun

A MUM-of-three who has spent the past 30 years trapped in thousands of pounds of debt due to high-cost loans and credit says she's just “existing, not living”.


Mozambique loan holders will not get future gas revenues in debt overhaul -legal counsel  Reuters

Holders of Mozambique's state-guaranteed loans ear-marked for restructuring will not receive any instruments allowing them a share in future revenues from ...


Balfour Beatty uses cash to shed debt load  Building

Balfour Beatty has paid down 45% of its gross debt in the last 12 months after using cash reserves to repay off a £253m convertible bond. The country's largest ...


Thomas Cook shares climb despite market debt worries  Financial Times

Holiday group Thomas Cook appeared on track for its first day of gains in over a week on Wednesday, despite disagreement over the extent of the tour ...


Detroit addresses upcoming 'debt cliff' with bond redemption  Reuters

CHICAGO (Reuters) - Detroit's latest redemption of bonds sold in 2014 as part of its exit from bankruptcy will result in big savings in future years, city officials said ...


Pupils from Maranatha Christian School pack Christmas hampers for families in debt  Swindon Advertiser

PUPILS helped to pack emergency hampers yesterday for families struggling with debt over Christmas.


'Admitting problems helped us get debt-free'  BBC News

A quarter of those in serious financial difficulty wait more than two years to seek help, a charity says.


Ecsponent lists new debt instruments  Business Day

JSE-listed financial services group concludes initial public offering.


‘This debt must be settled’: IAAF extends Russia’s doping ban  The Guardian

The IAAF has extended its ban on Russia, with no clarity on whether it may be lifted before next year's athletics world championships in Qatar.


Milo Yiannopoulos 'more than $2m in debt', Australian promoters claim  The Independent

Far-right activist Milo Yiannopoulos had debts totalling more than $2m (£1.6m) during 2018, according to documents put together by his former Australian tour ...


Climate finance should not trap countries in debt - SPC  Radio New Zealand

The Pacific Community says climate finance needs to empower efforts to adapt to a changing climate, not trap countries in debt. The Community's Deputy ...


Charities welcome moves to rein in 'overzealous' council tax debt collection - Your Money  Your Money

The Government's Money Advice *Service* (MAS) has launched new guidance for local authorities on the collection of unpaid Council Tax, designed to ...


PRESS: Interserve Shareholders Face Wipe Out From New Debt Talks - FT  Morningstar

LONDON (Alliance News) - Shareholders of Interserve PLC could lose everything under the terms of a rescue finance plan being discussed between the ...


Manchester plans 3000 new council homes following debt cap axe  Inside Housing

New plans to “significantly increase” council housebuilding in Manchester could see 3,000 new homes added to the council's stock over the next 10 years.


Christians Against Poverty Debt Centre faces high demand in Swindon  Swindon Advertiser

A LONG waiting list has meant the Christian Against Poverty Debt Centre has taken on a new debt coach to cope with high demand.


How to avoid running up a debt this Christmas  Falmouth Packet

Citizens Advice Cornwall has released a Christmas list of 12 tips to help people avoid pressure on their household budgets.


Chinese loans leave Sri Lanka with crippling debt burden  Channel 4 News

In the latest of our reports from Sri Lanka, where a constitutional crisis has pitted two rival politicians in a battle to be PM, one contender leans towards India, the ...


Something Weird Is Going on With German Debt  Bloomberg

Falling yields on German government debt is the sign of a classic “risk-off” mentality. As fear grows, investors plump for safety. But where's the crisis in Europe?


S&P, Fitch downgrade Sri Lanka’s debt rating amid political crisis  Financial Times

Sri Lanka was downgraded by two major rating agencies on Tuesday, in the latest blow to the cash-strapped country as it grapples with ongoing political turmoil.


Mexican government advised to avoid accruing debt - Xinhua | English.news.cn  Xinhua

MEXICO CITY, Dec. 9 (Xinhua) -- Mexico's new government should reconsider those proposed public works projects to avoid accruing debt, a private-sector ...


Companies Are Attracting Millennials By Paying Off Their Student Debt  Black Enterprise

By offering student loan repayment benefits, companies and firms are helping to close the wealth gap between black and white Americans.


£750m debt of Northumberland County Council - but a drop this year  Northumberland Gazette

Northumberland County Council's debt fell by £21.3million in the first half of this financial year, but still totals £750million – with annual interest costs of more ...


City Council pushes for 20-year debt repayment extension  InDaily

Adelaide City Council will vote to extend its borrowing repayment timeframe to 20 years following its purchase of the $34 million old Le Cornu site last year.


Kier launches £264m rights issue to cut debt  Inside Housing

Social housing contractor Kier has launched a £264m rights issue in a bid to raise cash to pay off the company's growing debt pile. Linked In Twitter Facebook ...


Katie Price avoids bankruptcy as taxman accepts plan to repay debt  Evening Standard

Katie Price has avoided bankruptcy after the taxman accepted a plan for her to repay her debt. A specialist insolvency and companies court in London was told ...


How 2 New York Women Erased $1.5 Million In Medical Debt For Hundreds Of Strangers  KDLG

LULU GARCIA-NAVARRO, HOST: Some New Yorkers received an early Christmas present this year - a little, yellow envelope that came through the mail, inside ...


Is my debt fund imperiled?  Telegraph India

Credit quality is key to the health of your debt fund portfolio.


Italian companies and banks cut back bond sales  Financial Times

Italian companies and banks are on track to sell the smallest amount of debt in a year since the financial crisis, underlining how ructions in the country's ...


Pengrowth: Debt Reduction As A Priority  Seeking Alpha

The debt decreased during Q3 thanks to the free cash flow. Because of the short-term debt maturities and thanks to a low sustaining capex, management ...


12 tips to avoid debt this Christmas as Cornish charity helps eight people a day  Pirate FM

A charity reveals the number of Cornish people it helped with debt problems in the months after last Christmas works out to more than eight a day. Citizens ...


One in three parents get into debt over children's Christmas presents  The Irish News

MORE than a third of parents have got into debt to pay for their children's Christmas presents.


Yes, housing debt is growing but perhaps not to levels that anywhere near threaten financial stability, especially if you measure that on a per dwelling basis. The regulatory restrictions are doing their job well  Interest.co.nz

There is a widely held view, especially among armchair analysts, that New Zealand households are loading up on housing debt. It is a reasonable conclusion to ...


Interserve shares fall as growing debt sparks fears over its finances  The Guardian

Shares in Interserve fell 7% on Friday morning after the government contractor said debts this year would be higher than previously expected, reigniting investor ...


Rhode Island school district turns student lunch debt over to collection agency | TheHill  The Hill

A school district in Rhode Island has hired a collection agency to recover thousands of dollars in student lunch debt.


Ukraine could ditch 2019 Eurobonds in favour of concessional funds -debt official  Reuters

Ukraine could stay out of international capital bond markets altogether in 2019 if Kiev manages to raise enough concessional financing, a senior debt official told ...


Be afraid — there’s serious debt piling up around the globe again  Evening Standard

If you thought the 2008 global financial crisis was a story about excessive debt, today you might be feeling a little nervous. There's even more debt sloshing ...


Thomas Cook plunges again as tour operator battles to calm debt fears  Telegraph.co.uk

Thomas Cook battled to reassure the City that it is not heading for another financial crunch, as more investors bailed out and the shares were marked down by ...


Beacon Journal/Ohio.com editorial board: No adjustment necessary for debt-settlement companies  Akron Beacon Journal

In 2004, state lawmakers enacted the Ohio Debt Adjusters Act, designed to protect Ohioans from unscrupulous debt-settlement companies. The law has worked ...


Loan reporter - debt capital markets | Media jobs  Journalism.co.uk

Editorial jobs - 66 journalism, communications and media vacancies to view and apply for now.


'My husband ran up a £58,000 debt in my name'  BBC News

When she had her first baby, just before she turned 29, Annie had been married for eight years, managed 19 staff, and earned more than her husband.


American debt is set to hit $4 trillion—here's why one expert isn't worried  CNBC

Americans' debt is predicted to climb above $4 trillion by the end of the year, but LendingTree's chief economist Tendayi Kapfidze says the milestone isn't a ...


Political tensions spill over into global debt markets  Financial Times

Rising geopolitical tensions are increasingly playing out in the global debt markets. Russia's launch this week of the sale of a euro-denominated bond is just the ...


Evergrande: China’s biggest property developer faces debt crunch  Financial Times

A “frigid winter” is coming to China's property market, and investors are wondering if the country's largest developer will be caught out in the cold.


Here’s what families and students need to know about college debt: Christine Roberts (Opinion)  cleveland.com

With college costs continuing to rise, students need to educate themselves about loans and debt, guest columnist Christine Roberts says. (The Plain Dealer) ...


R3's Corda to the fore in Euro Debt issuance and Club Loan markets  Finextra

R3's blockchain-inspired Corda platform is being put to the test in the Euro Debt Market and syndicated loan arena under separate field trials with a co...


I was suicidal after getting into £35,000 of debt – it all started when a £70 overdraft appeared in my account  iNews

I noticed money I wasn't expecting to see in my bank account. It didn't make sense but there it was: £70.


Kier launches £264m rights issue to tackle mounting debt  Scottish Construction Now

Kier has launched a £264 million rights issue to help accelerate its debt reduction programme. The firm has seen its debt levels rise in the past few years, with its ...


$2.45bn paid as external debt servicing  DAWN.com

KARACHI: External debt servicing during the first quarter of current fiscal year reached $2.452 billion, according to data released by the State Bank of Pakistan ...


A Note On Aspinwall and Company Limited’s (NSE:ASPINWALL) ROE and Debt To Equity  Simply Wall St

Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about ...


Ecuador seeks to renegotiate China debt, does not rule out IMF -Moreno  Reuters

QUITO, Dec 6 (Reuters) - Ecuador plans to renegotiate the terms of its debt to China, President Lenin Moreno said on Thursday ahead of a trip to Beijing, adding ...


UK student debt sales make little economic sense  Financial Times

A UK parliament committee's report on the privatisation of student debt last week attacked the government's “ short-sighted approach”. This may be an ...


Europe private debt funds break $200bn barrier  Financial News

Europe's private debt funds — which allow companies to borrow money away from the bond markets — have topped $200bn in assets, after another strong year ...


The Health of Americans or The Resolution of The Country's Impending Debt. Which is More Important?  The Green Optimistic

Americans are now at risk of developing flulike symptoms, hallucinations, depression, migraines, and damage to the central nervous system by drinking.


Police: Lincoln man killed over debt was burned on a farm  Lincoln Journal Star

Confidential informants told police the body of a missing Lincoln man was burned in a barrel over three days on a farm near Ashland, according to newly ...


Survey finds Universal Credit causes debt problems  Worcester News

A UNION survey found that more than 75 per cent of people on Universal Credit battled debt issues as a result of the new benefit.


Student loans are a terrifying debt with a frightening degree of bad accounting  The Times

What if student loans were not called loans at all? What if graduates did not receive updates reminding them of the frightening amount they owe and how quickly ...


Oil-hungry western companies are contributing to huge debt problems in Africa – G20 leaders need to fix this  The Independent

This time last year the future of a desperately poor, landlocked central African country lay in the hands of a few suited men huddled around a table in the sleepy ...


First-time buyer overcame £5k debt nightmare to buy £233k four-bed house  The Sun

A FIRST-TIME buyer from Manchester who managed to clear £5,000 worth of debt in 18 months, is now the proud owner of a £233,000 four-bed house in ...


Brentwood man in debt text HMRC before hanging himself, inquest hears  Essex Live

A man found hanging at a property in Brentwood sent a text to HMRC indicating he planned to take his own life, an inquest heard. John Kenneth Rice, 52, died ...


Paralegal (Debt Recovery and Credit Control) – Yuill + Kyle  Scottish Legal News

The Role. You will be a part of, and play a central role in the development of, the paralegal team within Yuill+Kyle - one of Scotland's leading legal debt recovery ...


Italy government must reduce debt, protect savings - Intesa SP CEO  Reuters UK

The Italian government must work to reduce its public debt in order to protect people's savings, the CEO of the country's biggest commercial lender Intesa ...


Global Debt Is At Its Peak: Italy Stands Better Than We Think • Social Europe  Social Europe Journal

In the second quarter of 2018 global debt reached a new peak, climbing to 260 trillion dollars ($260,000 billion). At the same time, the global debt to GDP ratio ...


Fed flags hard Brexit and Italian debt as near-term risks to US  Financial Times

The Federal Reserve has flagged a hard Brexit and Italian sovereign debt sell-off as near-term risks to the US financial system, in a broad-ranging assessment of ...


A Worldwide Debt Default Is Coming  Forbes

The US government on-budget deficit was $100.5 billion in October. It was $63.2 billion in the same month a year earlier. I see little hope it will reverse. There is ...


Amy Lowell: Ted Hughes and DH Lawrence 'owe unacknowledged debt' to 'uncelebrated' poet  The Guardian

Paper claims Lowell's earlier writings can be seen in Hughes's poem Pike and Lawrence's The Rainbow, but her gender and sexuality made her unpopular.


Insolvency Service grants 250000 Debt Relief Order  GOV.UK

November 2018 saw the Insolvency *Service* grant its 250000 Debt Relief Order, providing a low cost debt relief solution to a quarter of a million people.


How local councils profit from student debts  This is Money

Five local councils and a string of investment giants are investing in student loans sold off on the cheap by the Government, The Mail on Sunday can reveal.


Trump administration stymies release of salary, loan debt data from certain colleges, advocates say  CNBC

The Education Department will not release the student debt and earnings information of certain schools and programs. Yet advocates say it is legally required to ...


Two New York women wiped out $1.5M worth of strangers’ medical debt using $12K  WHNT News 19

NEW YORK – Some 1284 people in New York state are getting some good news this holiday season—courtesy of two complete strangers. Ithaca residents ...


Investors pull $6bn from corporate debt funds  Financial Times

Investors pulled almost $6bn out of corporate bond funds in the past week, in the latest sign of nervousness about companies' global debt pile in an environment ...


China developers face $55bn of maturing onshore debt in 2019  Financial Times

A wall of onshore debt worth tens of billions of dollars issued by Chinese property developers is due to mature next year, raising concerns over defaults at a time ...


Credit boom: Private equity bounces back on cheap debt bubble  Financial Times

Private equity dealmakers are riding high on a wave of cheap debt, pushing buyout values to levels not seen since the financial crisis. The deals may not yet be ...


New Allianz Real Estate debt fund deploys over €1bn capital in five months  IPE Real Assets

Pan-European Debt Fund, launched in July, will now be open to third party capital.