Without DigitalBridge support, Highline cuts capex to tackle high debt – Fitch

Brazilian tower and mobile infrastructure company Highline should only be able to reduce its high leverage if it accelerates its investment-cutting strategy, since no capital injection is expected from parent company DigitalBridge, Fitch says. Highline is controlled by DigitalBridge alongside Allianz, Rosewood, IFC and Alberta Investment Management Corporation. The agency affirmed the ‘A-(bra)’ national long-term…

Indiana Attorney General continues campaign of holding bad actors accountable, secures nearly $34.7 million for Hoosier consumers in auto lending settlement

Credit Acceptance Corporation to provide cash restitution, debt relief, and lending reforms for Hoosiers                                       Indiana Attorney General Todd Rokita announced today that his office has secured a multistate settlement with Credit Acceptance Corporation (CAC) that will…

Arkansas Secures $660K in Multistate Settlement Over Risky Auto Loans and Consumer Debt Relief – KVOM 101.7

Arkansas will receive $660,000 in civil penalties as part of a $694 million multistate settlement with Credit Acceptance Corporation, while qualifying Arkansas borrowers could separately be eligible for consumer restitution or debt relief under the agreement. Attorney General Tim Griffin announced Thursday that Arkansas joined a coalition of 40 attorneys general in reaching the settlement…