Mon.Jan 13, 2025

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Liability Management Exercises: Looking Beyond the Headlines

Loomis Sayles Credit Research

Over the past year, headlines about creditor-on-creditor violencesituations where different creditor groups clash over restructuring termshave dominated the conversation in leveraged finance. While these high-profile disputes make for compelling stories, they represent just one component of a broader and more significant trend: the rise of liability management exercises (LMEs).

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What is accounts receivable factoring? Examples & benefits

Chaser

Accounts receivable factoring is a financial transaction where a business sells its outstanding accounts receivable to a third-party factoring company at a discount.

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Virgin Islands Commissioner charged with federal program bribery 

Due

The commissioner of the Virgin Islands Department of Sports, Parks, and Recreation (SP&R) and an alleged accomplice have been charged with federal program bribery and wire fraud. According to a recent court report in St. Thomas, the case involves Commissioner Calvert White and a local Virgin Islands businessman, Benjamin Hendricks, who was involved in an elaborate bribery scheme.

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What is an accounts receivable journal entry? Quick guide

Chaser

An accounts receivable journal entry is a critical component of the accounting process for businesses that extend credit to their customers. This journal entry records the sale of goods or services on account and the corresponding increase in accounts receivable.

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How to Incorporate Annuities Into Your Retirement Plan

Due

Choosing how to ensure financial stability and security in your later years is one of the most important decisions you can make when planning for retirement. An annuity , however, can be essential in achieving this goal. With annuities, you can provide your retirement savings with a steady income stream, making them a valuable addition. This article will explore how annuities can contribute to your retirement strategy.

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Campbells betting syndicate. Why it failed?

Cpcmcredit Blog

Firstly there is clearly going to be some element of gloating over the embarrassment for Alastair Campbell over the collapse of his son’s betting syndicate, not least because he was hardly detached from the goings on. I will confess that Alastair Campbell isn’t a figure I’ve warmed to. Not because of political differences (they are minor) but he comes across as somewhat arrogant condescending and humourless Now that that is out of the way, we can look at some details Firstly it

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Critical Economic Indicators Set to Shape Stock Market Trajectory

Due

The stock market faces a pivotal week with three significant economic indicators poised to influence market direction throughout the year. The technology sector has experienced notable declines as investors brace for these crucial reports. Producer Price Index (PPI) Analysis The first significant indicator, the Producer Price Index (PPI), measures price changes from the perspective of sellers and manufacturers before products reach consumers.

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The US agrees to transfer $52.88 million in forfeited assets to Nigeria for oil case cooperation

Due

The United States has agreed to transfer approximately $52.88 million in forfeited assets to the Federal Republic of Nigeria for the country’s continued assistance in oil case cooperation. The news was announced in recognition of Nigerias assistance to the Justice Department in investigating corruption in the Nigerian oil industry. According to a recent report by the legal watchdogs of the United States, the assets were forfeited by the actions of the Kleptocracy Asset Recovery Initiative

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