Clawback of executive compensation under FDIC rules for its receivership of systemically important financial intuitions places an unfair burden on executives
The sale of two Tunisian oil companies has closed in the midst of the country's uprisings. It offers a timely reminder of the importance of risk allocation between signing and closing in the Mena region.
UPC Broadband is the latest issuer to use Europe’s new high yield structure which features the maintenance covenants of an underlying secured loan. But the deal offers no sign of bondholder voting mechanisms standardising under the structure
Project bonds are back. Banks facing new capital requirements have cut long-lending programmes and China’s demand for resources has outstripped multilaterals’ funds. Project sponsors are now turning to the capital markets
The sale of two Tunisian oil companies has closed in the midst of the country’s uprisings. It offers a timely reminder of the importance of risk allocation between signing and closing in the Mena region
The risk allocation and security structure in the Middle East’s first solar project offers promising signs for future renewable power developers in the region – including the carbon-neutral Masdar City initiative
The sale of two Tunisian oil companies has closed in the midst of the country’s uprisings. It offers a timely reminder of the importance of risk allocation between signing and closing in the Mena region
