AMC Entertainment has chipped away at its debt mountain by repurchasing around $72.5 million of its 10 percent second lien debt due in 2026 for $50 million, or around a 31 percent discount. “This ...
JRS is a REIT CEF that offers a high yield of 9.2% and a deep NAV discount exceeding 12%. It is positioned well for a rebounding REIT market. JRS is a well-managed fund that is good for a retirement ...
Financial institutions use artificial intelligence (AI) and machine learning (ML) models to reshape debt recovery. Although you probably haven’t noticed any changes yet — these technologies are ...
Namdar has made another play for distressed Chicagoland real estate, this time in a section of the Central Loop that developers are preparing to transform with a slew of office-to-residential ...
RevPAR up 5.2 pct in first two months of Q2 Repays $177 mln debt at 27 pct discount Shares up 5 pct after the bell June 8 (Reuters) - Lodging real-estate investment trust FelCor Lodging Trust Inc said ...
The mega-exhibitor paid around $50 million for about $72.5 million of its 10 percent second lien debt, representing a 31 percent discount. By Etan Vlessing Canada Bureau Chief AMC Entertainment has ...