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Fleet Financing — In March 2011, the Company amended the terms of its $2.05 billion vehicle-backed bank conduit facility used to help finance the Company's Domestic Car Rental fleet. This amendment reduced the borrowing spreads the Company will pay on and more »
In my case, my dad had to drag me kicking and screaming in my early 20s to move my hard-earned long-term savings into equities (I'm incredibly risk adverse). My other big mistake was thinking that if I just kept my head down, was a “nice girl,” and
Royal Bank of Scotland investigation: the full story of how the 'world's Sir Fred began to discuss the idea of invoking a material adverse change clause to lower the price of the bid, though some said the bank should pull out altogether. But legal advice from the law firm Linklaters was that this could not be used for a and more »
If all of your borrowing is done via one channel, for example revolving loans such as a credit card, then your credit score will suffer through a lack of installment loans, such as car finance. So to improve your credit rating it's a good idea to have and more »
There is no basis to suggest that government of Meles Zenawi, with a very poor credit rating (CCC-) in the bonds market, can be trusted for this kind of investment. The promised rates of returns on the “Millennium Bond” in Ethiopia are 4%, 4.5%, and more »