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The Daily Capital Markets Digest
Phones 4U’s administrators PwC said there was little chance of a prosposed debt-for-equity swap succeeding for the business, during a phone call with bondholders on Thursday.
UK-based Punch Taverns won approval to restructure its debt, gaining agreement from shareholders and bondholders alike after years of wrangling.
(LPC) - The US House of Representatives has passed key amendments to Volcker Rule legislation that would provide banks greater flexibility in managing their holdings of collateralized loan obligations (CLOs).
A group of Phones 4U’s senior secured bondholders are proposing to restructure the UK retailer, agreeing to wipe out a significant chunk of their debt to save the business.
We invite banks to pitch now for the IFR Awards and IFR Americas Awards 2014. In order to help with our selection, banks and issuers may submit brief written presentations along with supporting data. IFR journalists will also organise pitch meetings. However, pitching is entirely optional and consideration for an award will not be limited to advisers or issuers that participate in this way.
Banks are becoming more serious about measuring performance.
No reason to believe Fed rate hikes are imminent, says James Saft.
Anthony Peters on Yellen and her misguided forward guidance.
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