recalls

Private Equity Pummeled by Higher Interest Rates as Portfolio Companies and Credit Funds Struggle; Use of PIK Loans Now Recalls Late 1980s LBO Crisis

by
Private Equity Pummeled by Higher Interest Rates as Portfolio Companies and Credit Funds Struggle; Use of PIK Loans Now Recalls Late 1980s LBO Crisis

The Financial Times has published two articles, each based on reports by Moody’s of more signs of distress in private equity land in the wake of central bank interest rate increases and very low odds of interest rates going back to the old abnormal of sustained super low levels. The first analysis and related article … Read more

Tesco recollects ‘soften in center’ vegetarian burgers as they’ll get too sizzling

by

Tesco is recalling its “soften within the center” meatless burgers as a result of they’re too sizzling inside. The grocery store stated There’s a “threat of burning” for patrons whereas consuming them. Anybody who purchased the vegan model labeled Tesco Plant Chef 2 Meat-Free Burgers with Melting Center is being urged to not eat it. … Read more