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Tag: debt
New Look financial restructuring cuts debt by GBP1bn
2019-05-07 12:32:00| Daily apparel & textile news and comment - from just-style.com
UK fashion retailer New Look has hailed a "significant milestone" in its turnaround process, having reduced its debt burden by about GBP1bn (US$1.31bn).
Tags: financial
debt
cuts
restructuring
Borrowers Cash in on Competitive Debt Fund Space
2019-04-29 22:02:00| National Real Estate Investor
Debt funds looking to make bridge loans are facing high competition for deals.
Tags: space
cash
fund
competitive
AT&T says on track with debt reduction after small rise in Q1 adjusted earnings
2019-04-24 13:20:00| Telecompaper Headlines
(Telecompaper) AT&T reported revenues up 17.8 percent in the first quarter to USD 44.8 billion, driven by its takeover of Time Warner, expansion in advertising services and mobile service revenue growth. This was offset by continued declines its legacy wireline services and pay-TV subscriber losses. The company's net profit fell to USD 4.1 billion from USD 4.7 billion, hurt by one-time charges for the merger and employee benefit schemes. On an adjusted basis, the operating margin rose to 21.4 percent from 19.7 percent, and EPS increased to USD 0.86 from USD 0.85 a year ago.
Tags: small
track
rise
reduction
Last week in telecoms: German auction passes EUR 5 billion, busy M&A and debt markets, lively Italian mobile market
2019-04-15 07:01:00| Telecompaper Headlines
(Telecompaper) The ongoing German spectrum auction appears to be taking a toll on the European telecoms sector. Most German shares ended week 15 down. A number of M&A related reports couldn't prevent the Telecompaper Stock Index European Telecoms Services from ending week 15 with a loss of 0.9%. The EuroStoxx 50 index closed the week unchanged.
AT&T considers sale of HBO Europe to cut debt - report
2019-04-10 11:06:00| Telecompaper Headlines
(Telecompaper) AT&T has held internal discussions about selling its HBO Europe business as it looks to reduce its USD 170 billion debt burden, reports the Financial Times.
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