The Evergrande Saga – In Timelines & Charts

The Evergrande Saga – In Timelines & Charts

China Evergrande has been making the headlines globally as concerns over its financial position grow, with tremors being felt across financial markets all over the world. The company is the most indebted property developer in the world and has liabilities/debt of over...

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Deutsche Bank Upgraded to BBB+ by Fitch

Deutsche Bank Upgraded to BBB+ by Fitch

Fitch upgraded Deutsche Bank to BBB+ from BBB with a positive outlook reflecting "good progress and increasingly manageable challenges arising from the restructuring initiated in 2019". They see higher chances of a successful execution of the last phase of the bank's...

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Trafigura Announces Results of Tender Offer

Trafigura Announces Results of Tender Offer

Trafigura announced that it will accept purchasing validly tendered securities under its tender offer launched on September 13, 2021 for its $800mn 6.875% Perp. Trafigura will purchase the securities in for cash to the tune of $320.821mn in principal. The maximum...

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