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Recent Articles

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Fitch affirms Medline's B+ rating on steady performance amid challenging macroeconomic conditions resulting in margin pressure, slower cash conversion; outlook negative on leverage profile, but gross debt expected to be reduced over medium to long term

University of Michigan's Index of Consumer Sentiment posted final November reading of 56.8, down from October's 59.9; consumer sentiment weighed down by inflation, rising borrowing costs, declining asset values and weakening labor market expectations

Post Holdings to exit ownership of BellRing Brands, transferring all of its nearly 4.6 million common shares of BellRing to the funding incremental term loan lender to repay and retire a portion of Post Holdings' US$130M incremental term loan

Share of US mortgage loans in forbearance at 0.70% as of Oct. 31 from 0.69% in September; share of Ginnie Mae loans in forbearance up 8 basis point to 1.41%, Fannie Mae and Freddie Mac loans in forbearance up 1 basis point to 0.31%: Mortgage Bankers Assn.

UK public sector net borrowing estimated at £13.5B in October, up by £4.4B from October 2021; public sector net debt was £2.46T at the end of October, or 97.5% of GDP: ONS

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