Fitch

Irish ‘junk bond’ devotees get houses in order as market sours

Joe Brennan: Smurfit Kappa has been one of the darlings of the Irish market recently

Fitch upgrades Ireland to AA- on easing debt burden

Agency sees State’s debt burden on a ‘firm downward trajectory’

After its ‘near-death experience’, where does Unilever go from here?

Joe Brennan: Behemoth has been struggling to grow its sales at same pace as rivals

Evergrande shares suspended after report it was told to destroy buildings

Troubled Chinese property developer battling to restructure after debt default

Success, scandal and distraction: the business world’s winners and losers of 2021

In a sequel to 2020 no one wanted, some thrived, some slumped and some were unlucky

The A to Z of financial markets in 2021

Apple soared and Zoom slumped in a year that saw markets surge to record levels

Chinese property developers hit by record rating downgrades

Downgrades come as Evergrande collapse fuels fears over health of China’s economy

SoftBank sells $550m of WeWork debt

Low price on bonds that were part of 2019 rescue package underscores lacklustre investor reception

Evergrande rated ‘restricted default’ by Fitch after missed payment

Neither company nor government has confirmed that Evergrande has defaulted

China Evergrande on brink of first default on offshore notes

Some bondholders have not received overdue coupon payments after end of grace period

What the lira collapse means for Turkey’s economy

Analysts wonder how much further Erdogan will let the currency fall

China’s property woes may spell trouble for London and NY

Developers behind prestige mega-projects in global cities scrambling for cash

Digicel’s ‘aggressive’ past limits debt ratings uplift, Fitch says

Company sells Pacific unit for €1.6bn

Evergrande crisis leaves Chinese developers shut out of global debt markets

Just one dollar bond sold since heavily indebted company’s missed payment shook markets

European stocks slump over supply-chain concerns

Irish index bucks trend and ends week in positive territory

Evergrande sells bank stake to repay loan

Bondholders left guessing over interest coupon due despite divestment deal

Evergrande’s EV unit scraps plans for share listing amid ‘serious’ fund shortage

Shares in China Evergrande New Energy Vehicle Group plunges 26%

Evergrande may not be China’s Lehman, but are markets being too complacent?

Market Beat: A messy massive default in a key sector in the world’s second largest economy could have major consequences

Evergrande crisis: why the Chinese property developer faces risk of default

Company desperately needs cash not just to service, but also reduce, vast debts

Fitch upgrades Digicel units but warns of risks

New grade remains deep in so-called junk-status territory, 15 rungs below AAA rating

Bermuda digs in against global corporate tax deal

‘It’s a sovereignty issue,’ says Bermuda finance minister Curtis Dickinson

SMBC Aviation raises €412m through bond issue

Dublin-based aircraft lessor has closed the sale of $500m in seven-year unsecured bonds

Myanmar protesters defy military as regional nations prepare for talks

Six killed during weekend protests demanding restoration of Suu Kyi government

Banks to see rise in non-performing loans but profitability to stabilise

Moody’s maintains its outlook on the Irish banking system in new update

Irish banks’ non-performing loans expected to increase due to pandemic

Deterioration will be ‘much less severe’ than financial crisis, says ratings agency Fitch

Smurfit’s refusal to be boxed in by rivals pays off for investors

With its share price at an all-time high, Smurfit Kappa chief Tony Smurfit has been vindicated in his decision to reject a rival offer three years ago

Deutsche Bank to conduct internal investigation over risky investments

Products were sold to clients who didn’t understand them, according to complaints

Banks brace themselves for impact of Covid pandemic

In store for 2021: Bad loans, major job cuts and the never-ending tracker saga

Irish house prices may fall by up to 4% in 2021, Fitch says

Ratings agency assumes a no-deal Brexit

‘Age of Disorder’ approaches and it is bad news for Ireland

Market Beat: Landmark forecast of reversal of globalisation points to post-Covid flux

European stocks fluctuate as investors await outcome of ECB meeting

Bank could signal more stimulus given weak inflation and a firm euro

‘It’s a matter of fairness’: squeezing more tax from multinationals

Governments will need to start thinking about who will pay for their ballooning deficits

Is President Higgins right to downgrade the rating agencies?

He has taken issue with the downgrading of ‘wonderful country’ Costa Rica’s rating

Digicel denies talk of Pacific unit sale to China Mobile

Denis O’Brien mobile group in midst of debt restructuring plan

European stocks rise as banks and oil stocks lead gains

Renewed hopes for Covid-19 treatment boosts investor sentiment

Wall Street jumps to seven-week high as European stocks close higher

Investors’ mood improves despite first contraction in US economy since 2014

Digicel sees 75% take-up of $1.7bn debt write-off offer

Phone group’s ‘distressed debt exchange’ offer due to expire on April 28th

Ulster Bank outlook latest to be downgraded by Fitch

Ratings agency downgraded its outlook to negative from stable

Fitch lowers Bank of Ireland and AIB outlooks to negative

Risks to banks’ credit profile ‘clearly skewed to downside’ by Covid-19, ratings agency says

Shares edge higher as relative calm reigns over markets

In Dublin, the Iseq rose by just over 0.5%, in line with other European bourses

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