toxic waste management biz Tellus seeks new debt

The distressed debt funds that feasted on Carlyle’s Bis Industries are once again smacking their lips as a new refinancing candidate –toxic waste storage company Tellus Holdings – lands on the dealmaking circuit. Street Talk understands Tellus, which drew Hong Kong credit fund Tor Investment Management into its debt stack as part of a 2021…

Debt Consolidation in 2025: Is It Still Worth It?

Debt Consolidation in 2025 is still worth considering for many Australians dealing with high-interest debts if done the right way. What Is Debt Consolidation in 2025? Debt consolidation is a smart strategy where you combine multiple debts like credit cards, personal loans, or BNPL into a single loan with one interest rate and a single…

MBL Stays Open, Seeks Investors After Insolvency Filing

Founded in 1979 and based out of Berlin, MBL is best known for its unique Radialstrahler omnidirectional loudspeakers. The company has entered insolvency proceedings in Germany, but the doors are still open. MBL states that “Nothing will change for MBL‘s customers, sales partners and service providers: sales will continue without restriction, orders will be accepted…

UK grocery watchdog investigating Amazon over alleged supplier payment delays; company insolvencies jump – as it happened | Business

Autumn tax rises ‘increasingly likely’ Despite UK government borrowing slightly undershooting forecasts so far this financial year, tax rises in the autumn are likely. That’s the view of City consultancy Capital Economics, who told clients this morning: Despite the overshoot in May, public borrowing was £2.9bn below the OBR’s forecast in the first two months…