Monday, 4 May 2020

CAA Raises $75 Million In Debt Sale: Credit Ratings Agencies Issue Downgrade But Outlook Stable

S&P Global and Moody’s Investors Services downgraded CAA Holdings Monday after the company raised $75 million in a debt sale as the agencies said canceled and postponed live events and shrinking agent commissions could impact revenue. The outlook is stable, however, meaning, in the case of S&P, that “CAA will maintain sufficient liquidity to service […]

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China places highest-ranking general under investigation

President Xi has been accused of using investigations to purge political rivals. from BBC News https://ift.tt/olrKVLt via IFTTT