LatAm Loans

Some investors holding troubled chemical firm Ineos’ loans are said to be upset at the double-notch ratings downgrade the company has received over the last couple of days. But even if the action looks tough on a company trying to work through its problems, the agencies are still being more lenient than the market itself.

UK taxpayers and the politicians that represent them have many good reasons to be angry at the management of the Royal Bank of Scotland — now that they control a majority of the bank, the extent of RBS’s losses affects them too. But nationalistic carping at the bank’s global lending businesses is a travesty of the truth.

UK taxpayers and the politicians that represent them have many good reasons to be angry at the management of the Royal Bank of Scotland — now that they control a majority of the bank, the extent of RBS’s losses affects them too. But nationalistic carping at the bank’s global lending businesses is a travesty of the truth.

UK taxpayers and the politicians that represent them have many good reasons to be angry at the management of the Royal Bank of Scotland — now that they control a majority of the bank, the extent of RBS’s losses affects them too. But nationalistic carping at the bank’s global lending businesses is a travesty of the truth.

Private equity firms have access to just over $1tn of uncalled capital globally, according to a report issued yesterday by Preqin, the private equity information service. In 2008, 768 funds closed raising $554bn in commitments. Preqin estimates that there is still around $466bn already in the system.