Verified report from bloomberg.com
NewsMatic brief
Moody’s Ratings cut its assessment of Mozambique’s creditworthiness deeper into junk, citing increased risk that the gas-rich southeast African nation will restructure its sole eurobond.
NewsMatic provides a concise source-linked brief. The protected full report and continuing updates remain with the original publisher.
Read the full report at bloomberg.com →Related coverage
Turkish authorities on Saturday detained high-profile finance executives as part of an investigation into a “ponzi-like” funds scheme.
Read on NewsMatic →
Investors are clamoring for the kind of debt companies are reluctant to sell now: longer-term bonds.
Read on NewsMatic →
The dollar staged its biggest weekly advance in more than three months after the US central bank signaled more interest-rate hikes are to come.
Read on NewsMatic →
In a recent call with investors, Allen Media Group’s Chief Executive Officer Byron Allen said the company is focused on deleveraging, while not addressing how it plans to tackle looming maturities, according to people familiar with the matter.
Read on NewsMatic →
Partners Group AG is exploring a deal to shift around €800 million ($917 million) of its private credit loans into a continuation vehicle, according to people familiar with the matter.
Read on NewsMatic →
Howard Buffett, the eldest son of legendary investor Warren, is already well-versed in corporate governance as he takes over for his father as chairman of Berkshire Hathaway Inc.
Read on NewsMatic →
