The Times Archives - ׶Ƶ Know More. Risk Better.® Mon, 04 Dec 2023 14:00:07 +0000 en-US hourly 1 /wp-content/uploads/cropped-favicon-512x512-1-32x32.png The Times Archives - ׶Ƶ 32 32 M&S Back In Fashion With Credit Upgrade https://www.thetimes.co.uk/article/m-and-s-back-in-fashion-with-credit-upgrade-sn25r5lns#new_tab Mon, 04 Dec 2023 14:00:07 +0000 /?p=16102 Marks & Spencer’s credit rating has been upgraded from “junk” to “investment grade” as the high street stalwart’s turnaround propels it back into the ranks of Britain’s top flight companies.

The post appeared first on ׶Ƶ.

]]> Marks & Spencer’s credit rating has been upgraded from “junk” to “investment grade” as the high street stalwart’s turnaround propels it back into the ranks of Britain’s top flight companies.

The post appeared first on ׶Ƶ.

]]> Iceland splashes out £150m – but keeps £40m Covid relief https://www.thetimes.co.uk/article/iceland-splashes-out-150m-but-keeps-40m-covid-relief-rkpn66dwb#new_tab Sun, 21 Mar 2021 16:14:53 +0000 http://know.creditsights.com/?p=4065 Neill Keaney, an analyst with ׶Ƶ, said: “Taxpayers will rightly ask why Iceland claims it can’t afford to repay, given it generated more cash in nine months than the previous...

The post appeared first on ׶Ƶ.

]]> Neill Keaney, an analyst with ׶Ƶ, said: “Taxpayers will rightly ask why Iceland claims it can’t afford to repay, given it generated more cash in nine months than the previous four years combined.”

The post appeared first on ׶Ƶ.

]]> Matalan joins clothing empires stripped bare by coronavirus crisis https://www.thetimes.co.uk/#new_tab Sun, 10 May 2020 08:00:00 +0000 http://creditsights.local/matalan-joins-clothing-empires-stripped-bare-by-coronavirus-crisis/ Matalan has £480m of bonds in issue, with £350m maturing in 2023 and £130m in 2024. It has fully drawn its £50m of credit facilities. ׶Ƶ analyst Neill Keaney said a more...

The post appeared first on ׶Ƶ.

]]> Matalan has £480m of bonds in issue, with £350m maturing in 2023 and £130m in 2024. It has fully drawn its £50m of credit facilities. ׶Ƶ analyst Neill Keaney said a more drastic restructuring of the balance sheet was a matter of “when” rather than an “if”, and that Matalan could run out of cash in the summer. A debt-for-equity swap or pre-pack administration are possible outcomes, he added.

The post appeared first on ׶Ƶ.

]]>