Banks line up 1.2bn Parques Reunidos debt package

Banks line up 1.2 bn Parques Reunidos debt plan
Sources stated the debt package would leave Parques Reunidos with a 5.75 x net financial obligation to Ebitda ratio. It consists of a 900m-equivalent protected Term Loan B and 300m of unsecured high-yield bonds. One source stated that the term loan would be split into euros …
Find out more on Reuters

Beware Energy'' s Scrap Debt Army
Among the bigger trouble spots issues energy and mining companies that packed up on financial obligation to dig and drill at ever-increasing levels ahead of a commodities crash for the ages. Of the $ 1.35 trillion stated value of financial obligation in the BofA Merrill Lynch UNITED STATE …
Check out more on Bloomberg

Average UK mortgage financial obligation increases to ₤ 85000
Britons are weighed down by more home mortgage financial obligation than last year, however increasing earnings and low inflation means they are better positioned to cope with a hike in interest rates, a Bank of England research has discovered. The average home loan debt of a British homeowner …
Find out more on The Guardian

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