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Beneath the triple C: downgrades hold steady as Travelport loses its luggage
LP round up: managers keep fundraising hopes high as GSO targets $7.5 billion for mezz offering
Wirecard splits DC on auction vote
Creditflux announces finalists for Manager of the Year award
Benefit Street markets its first-ever European risk retention compliant CLO
Wellfleet and Credit Suisse team up for first CLO new issue together
CLO pipeline: break's over - time to print deals
Hayfin features single B tranche in short-dated euro CLO
Chesapeake deliverables point to big pay-out on CDS
SkyBridge generates best returns since inception with 75% credit exposure
Oaktree managing director joins Peak Rock as it grows credit business
Creditflux explores cure for CLO test breaches in today's live virtual briefing
Double B CLOs on downgrade watch up for grabs as market eyes tightening
Charlesbank hits $750 million hard cap on opportunistic credit fund
Artemid reaches €400 million first close on third senior debt fund
Permira holds €3.48 billion final close on fourth direct lending fund
Chesapeake CDS auction date set
California Res auction brings 99 cent problem for CDS protection sellers
CIFC and RBC plan first new CLO partnership for over five and a half years
Golding holds first close for private debt vehicle

Monte dei Paschi’s plans give financial credit a boost

Wednesday, November 16, 2016

Italian bank outperforms as financials rally

TAGS: Financials

Comment by: Anonymous. Posted 3 years ago [2016-11-16 23:09:44]

Yes, converting the sub-debt to equity is a good, short-term step. There likely will be more steps.

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