The steepest jump in interest
rates in decades will spark a domino effect on corporate
defaults in the years ahead, asset manager Janus Henderson
Investors said in a report on Friday. .
A group of Adler Group bondholders was on Tuesday refused permission by London's High Court to appeal a restructuring plan for the German property firm, increasing the likelihood of the plan going ahead.
Standard Chartered has redeemed a $1 billion so-called additional tier one bond in a move announced before holders of similar securities were wiped out in last month s rescue of Credit Suisse.. | April 3, 2023