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How a growing fight against a little-known ISIS affiliate pulled in US Green Berets and foreign mercenaries

Dozens of US Green Berets are in Mozambique to help counter a growing insurgency that Russian and South African mercenaries haven't been able to stop. Security officials stand guard as people wait for frie.....»»

Category: dealsSource: nytApr 9th, 2021

How an Insurgency Threatens Mozambique’s Gas Bonanza

Total SA and Eni SpA plan to tap huge natural gas deposits that discovered off the northern coast of Mozambique a decade ago. Their projects and another being considered by Exxon Mobil Corp. could entail $60 billion in investment and have the .....»»

Category: topSource: washpostMar 29th, 2021

US deploys Green Berets to defeat ISIS-linked insurgents accused of beheading children on a new front in south Africa

The al-Shabab insurgency in Mozambique's minera.....»»

Category: smallbizSource: nytMar 20th, 2021

How a ‘Keepwell’ Clause Protects China Bonds (or Not)

Bankruptcy and debt restructuring in China is a murky process, especially for international investors. So-called keepwell provisions are one way bondholders try to prot.....»»

Category: topSource: washpostMay 14th, 2020

Alphabet"s Loon, Vodacom partner to increase rural internet access in Mozambique

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMay 13th, 2020

Buffett and Bondholders Are Now Oxy’s Priorities

The oil exploration company put its balance sheet on the line just ahead of a price crash and a pandemic. .....»»

Category: topSource: washpostMay 6th, 2020

Norwegian Air bondholders reject debt plan in setback for survival hopes

Norwegian Air's bondholders have turned down a proposed debt-to-equity swap, casting doubt on a plan that is vital to help the indebted airline survive the COVID-19 pandemic, although talks will still continue......»»

Category: topSource: reutersMay 1st, 2020

Timeline: Norwegian Air"s battle for survival

The fate of Norwegian Air hangs in the balance on Friday after a deadline passed overnight for bondholders to vote on a rescue package for the transatlantic budget airline......»»

Category: topSource: reutersMay 1st, 2020

Norwegian Air"s fate in balance as result of rescue vote awaited

The fate of Norwegian Air was in the balance on Friday after a deadline passed overnight for bondholders to vote on a rescue package for the transatlantic budget airline......»»

Category: topSource: reutersMay 1st, 2020

Norwegian Air slightly amends terms of conversion plan after talks with bondholders

Norwegian Air , the budget carrier that is fighting for its survival, has made some amendments to the terms of its debt-to-equity conversion plan in response to demands from bondholders, it said on Tuesday......»»

Category: topSource: reutersApr 28th, 2020

Italy avoids downgrade into junk, as S&P affirms its credit rating at BBB

S&P Global Ratings said it did not downgrade Italy's credit rating, keeping it at BBB, a relief to bondholders who were largely expecting S&P to cut the country's credit rating to below investment-grade, or "junk" status. A BBB rating is two n.....»»

Category: topSource: marketwatchApr 24th, 2020

The growing worry for bondholders: Getting "primed"

Bondholders in particularly hard-hit sectors like energy, travel and leisure have another issue to watch for as companies struggle to survive the economic shutdown - getting demoted by new debt issues......»»

Category: topSource: reutersApr 24th, 2020

Norwegian Air to overhaul its strategy in wake of pandemic: bondholder

Norwegian Air , which is seeking creditor support for its rescue plan, has told bondholders it will overhaul its strategy in the wake of the coronavirus pandemic, according to an investor who took part in a briefing by the airline on Friday......»»

Category: topSource: reutersApr 17th, 2020

Nearly 3 million borrowers have been granted mortgage relief, and the industry is crying for help

The government's coronavirus mortgage bailout has now swelled to nearly 3 million borrowers, and the expectation is that the numbers will multiply. Mortgage servicers are struggling to make up those payments to bondholders and are begging for a bailout......»»

Category: realestateSource: cnbcApr 17th, 2020

Bond Report: Treasury yields come off lows as crude-oil surge lifts inflation expectations

U.S. Treasury yields bounced off their lows on Thursday as a surge in oil prices spurred by hopes of coordinated production cuts between Saudi Arabia and Russia helped to lift inflation expectations, a bugaboo for bondholders......»»

Category: topSource: marketwatchApr 2nd, 2020

Exclusive: Agitating bondholders press Argentina to step up efforts

Agitating bondholders have written to Argentina's government, accusing it of not doing enough to allow the country's crucial debt restructuring negotiations to make progress, according to bondholder sources involved in the process......»»

Category: topSource: reutersMar 21st, 2020

Quarantined bankers, video roadshows: coronavirus hits Argentine debt talks

Argentina's ambitious target to strike a deal with bondholders to revamp almost $70 billion in debts by the end of March was never going to be easy. Now a coronavirus outbreak and crashing bond markets threaten to complicate things further......»»

Category: topSource: reutersMar 16th, 2020

Energy industry faces a reckoning as oil prices crash

The oil collapse calls into question the ability of U.S. producers to pay a tab rung up with bondholders and banks to fuel a price war with OPEC......»»

Category: worldSource: nytMar 10th, 2020

Mozambique is home to the world"s first 3D-printed resort, built partly with sand and salt water — see inside

Goran Tomasevic/Reuters Kisawa is a resort on an island in Mozambique with sustainable, 3D-printed construction. Rates will start at 5.....»»

Category: topSource: businessinsiderFeb 29th, 2020

Why McClatchy’s New Owners May Sell Off Newspapers

If bondholders could get much more than $200 million for McClatchy papers, would they take it? There is a chance the properties are worth much more than that......»»

Category: blogSource: 247wallstFeb 20th, 2020