‘Fake Ebitda’ Masks Risk in Debt-Laden Companies

(Bloomberg) — During the days of easy money, one of the most widely tracked numbers in credit markets became an unfortunate punchline. Most Read from Bloomberg Ebitda, which stands for earnings ...

Latin American Currency Area Bad News For Debt-Laden Countries Like Argentina

30 June 2002 Yokohama : FIFA World Cup Final – Brazil v Germany : Gilberto Silva of Brazil … [+] celebrates on a lap of honour, holding the Brazilian flag (photo by Mark Leech/ Getty Image...

Tycoon Dennis Uy’s Debt-Laden Udenna Sells Malampaya Stake To Billionaire Enrique Razon’s Firm

Dennis Uy, chairman and CEO of Udenna Corp., speaks during a Bloomberg round-table discussion in … [+] Manila, the Philippines, on Monday, March 5, 2018. Photographer: Veejay Villafranca/Bloombe...

Tata and Adani are queueing up to take over Anil Ambani’s debt-laden company

Anil Ambani’s debt-ridden firm Reliance Capital has evoked interest from several quarters, including the 150-year old Tata Group, coal billionaire Gautam Adani’s group, and Yes Bank. Promoted by the R...