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Showing 491 - 500 of 4886 results for "Debt"

ASIC forced to pay James Mawhinney's legal costs

JAMIE WILLIAMSON  |  TUESDAY, 28 NOV 2023
... forward" in ensuring its clients are made whole. About 570 lenders have missed out on principal and interest payments on their debt instruments since ASIC first took aim at Mayfair 101 in 2020, the group noted. At that time, it had about $500 million ...

LGT Crestone offers exclusive access to the Princely family fund

CHLOE WALKER  |  MONDAY, 27 NOV 2023
... fund allows for almost immediate exposure to diversified, mature private markets portfolios across private equity, private debt, real estate and infrastructure, while having ESG and climate considerations integrated at all levels within the investment ...

HSBC launches local venture debt offering

CASSANDRA BALDINI  |  MONDAY, 27 NOV 2023
HSBC has unveiled a venture debt offering to the Australian market which specifically targets technology focused startups. According to the banking giant, an initial $228 million has been allocated to the new offering, with loans ranging from $10 million ...

Quality is worth paying for in 2024: UBS

CHLOE WALKER  |  THURSDAY, 23 NOV 2023
... market. "We believe that companies with strong returns on invested capital, resilient operating margins, and relatively low debt on their balance sheets with be best positioned to continue generating profits in an environment of weaker growth," it said. ...

Private market deal activity set to persist amid high-rates: Aviva

ANDREW MCKEAN  |  TUESDAY, 21 NOV 2023
Aviva Investors' data showed that in economic downturns illiquidity premia in private debt markets are often compressed, repricing more slowly than public market equivalents; a trend consistent through the most recent spate of interest-rate hikes. The ...

Insignia Financial finds buyer for Millennium3

CASSANDRA BALDINI  |  TUESDAY, 21 NOV 2023
... response to the Quality of Advice Review." WTL intends to fund the acquisition using cash on hand and will purchase M3 on a debt-free, cash-free basis, with the final purchase price adjusted at completion to reflect any retained working capital. WTL ...

Aussie investors optimistic about returns

CHLOE WALKER  |  FRIDAY, 17 NOV 2023
... private equity and real estate, while showing less interest in complex or opaque options such as microfinance or private debt. The study revealed that a brand and manager's reputation is the most considered factor when choosing a private asset investment. ...

ClearView offloads chunk of Centrepoint Alliance stake

CASSANDRA BALDINI  |  FRIDAY, 17 NOV 2023
... purchased approximately 39.56 million CAF shares at 33 cents per share from the insurer, using a combination of cash and debt to fund the acquisition. This equates to 19.9% of the business. ClearView said it obtained a 24.5% holding in Centrepoint in ...

COG drops bid for Diverger

CASSANDRA BALDINI  |  WEDNESDAY, 15 NOV 2023
... stood at $0.56. The cash component amounts to $14.6 million, which Count said would be financed through its newly acquired debt facility. In a statement to the ASX, COG said it is taking the offer off the table; however, it still believes it is a superior ...

Australian Unity sells advice arm to Fortnum, Nestworth

ANDREW MCKEAN  |  TUESDAY, 14 NOV 2023
... raising $275 million. The funds raised from the issuance will be allocated to repay and subsequently retire a $250 million bank debt tranche, which is scheduled for maturity in May 2024. Australian Unity healthcare property general manger Chris Smith ...