Infor Financial Group Inc., an independent investment bank advising on cannabis and mining deals, is preparing for a major shakeout in corporate credit as Canadian companies pile on too much debt.
Weakness AppearsPotential cracks have started to show. Toronto-Dominion Bank and Canadian Imperial Bank of Commerce, the country’s second and fifth largest banks, bolstered provisions in the last fiscal quarter, citing a rise in corporate arrears among the reasons. Business Ramp UpInfor is getting ready — it’s hired veteran restructuring expert Paul Liebovitz, who is already advising publicly listed companies in the renegotiation of their debt facilities, Selfe said, declining to provide the name of the firm. Infor is also turning to pension funds and insurance companies to fund debtor-in-possession loans, a type of credit for distressed companies, said Selfe.
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้
Gap Canada stores to be included in North American closures: parent companyThe parent company of retailer Gap says it will close some stores in Canada as part of a global plan to shutter almost half of the brand's locations over the next two years.
แหล่ง: CTVNews - 🏆 1. / 99 อ่านเพิ่มเติม »
Drug company that makes OxyContin considering bankruptcy as wave of litigation threatens to rival Big Tobacco’sAccused of contributing to the deadly opioid crisis sweeping the continent Big Pharma going down? Oh ya and here’s An signing it’s own death certificate jumping into weed heavily while claiming bank Ruptly only Media’s jumping jack flash dropping blues clues children’s Bayer A silver linings play book of Herbal remedies human reject Canada’s refugees What’s causes cancer is suddenly doing a Von trap family day adieu Waters Costs begins prostatectomy cancers a chemo
แหล่ง: nationalpost - 🏆 10. / 80 อ่านเพิ่มเติม »
How foreign companies use Canada’s universities to steal away huge chunks of intellectual propertyInnovation Nation: Lax rules around university R&D programs are doing more to benefit foreign multinationals than Canada No. Canada's universities are discouraging true intellects to protect companies from innovation.
แหล่ง: nationalpost - 🏆 10. / 80 อ่านเพิ่มเติม »