Riverstone Credit Opportunities Income (RCOI) is a closed-end fund that invests in mid-market energy company credit mostly via direct loans. Broadly across the sector, the lending includes infrastructure
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Policy makers in Canada need to keep supportive measures in place as the economy recovers from the COVID-19 pandemic before turning to debt management, the Organization for Economic Co-operation and Development said Thursday.
In a report, the Paris-based group said Canada’s growth prospects have brightened as vaccines are rolled out, although risks posed by the pandemic remain. The OECD has boosted Canada’s economic growth estimate for 2021 to 4.7 per cent from 3.5 per cent. Major domestic banks have pencilled in even stronger growth for this year.
Nasdaq Stockholm decides to admit 1 debt instrument issued by Bellman Group AB
(publ) to trading with effect from 2021-03-12. Last day of trading is set to
2026-01-30. The instrument will be admitted to
AM Best Affirms Credit Ratings of Kommesk-Omir Insurance Company JSC
AM Best has affirmed the Financial Strength Rating of B- (Fair) and the Long-Term Issuer Credit Rating of bb- of Kommesk-Omir Insurance Company JSC (Kommesk) (Kazakhstan). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect Kommesk s balance sheet strength, which AM Best assesses as strong, as well as its marginal operating performance, very limited business profile and marginal enterprise risk management.
Kommesk s balance sheet strength is underpinned by its risk-adjusted capitalisation at the strongest level, as measured by the Best s Capital Adequacy Ratio (BCAR). AM Best expects risk-adjusted capitalisation to remain at the strongest level supported by positive operating results and the absence of dividend payments, as it executes is strategic business plan. In addition, Kommesk s balance sheet strength considers the company s comprehensive reinsurance programme, which is backed
Big names in finance, like Credit Suisse and tycoon Sanjeev Gupta, are suffering collateral damage from the UK supply chain lender’s collapse. The sale of aircraft leasing brings GE closer to CEO Larry Culp’s light-bulb moment. And working from home risks a diversity disaster.