Ukraine’s dollar debt due in June fell, set for a second weekly slide, on speculation the eastern European country’s risk of default is intensifying as the biggest street protests since 2004 continue and reserves slump.
The damage caused two days ago in a deadly accident at the stadium that will host the opening match of next year’s soccer World Cup in Brazil will set back work by two months, the facility’s structural engineer said.
Vale SA’s perceived creditworthiness versus its competitors is sinking to the lowest since the financial crisis as swaps traders treat the mining company’s debt as junk on Brazil’s deteriorating finances.
You can tell that leveraged super senior synthetic collateralized debt obligation tranches are fun because they are called leveraged super senior synthetic CDOs, and anything with that many words in its name is up to something.
United Arab Emirates’ companies, including real estate developer Tourism Development & Investment Co. and holding group Al Ghurair, are seeking to cut borrowing costs as the country’s economy recovers and default risk falls.