日本财务大臣加藤胜信：将继续关注日本国债市场状况，并将采取适当的债务管理措施。 ...

日本财务省官员：政府将采取必要措施进行适当债务管理的立场不变。 ...

（原标题：中梁控股（02772.HK）债务管理再获突破，透视三重价值机遇） 6月16日晚间，中梁控股（02772.HK）公告其针对2027年到期5.0%优先票据及2027年到期3.0%可换股债 券的同意征求已成功获得必要多数持有人支持，并于6月16日与受托人签署了补充契约。修订条款将对 所有持有人（包括未同意者）具约束力，最终生效待支付现金同意费及获港交所批准。 （来源：公司公告） 近年来，房企债务管理已经常态化，中梁控股此前5月28日就曾公告对此次两只共13.19亿美元债发起展 期同意征求，旨在进一步改善其整体财务状况，延长债务管理到期状况，强化资产负债表及改善现金流 管理。 实际上在此之前，公司也已经完成一系列债务管理措施，包括透过于2024年3月完成香港协议安排，有 效延长境外债务的到期期限。而此次债务管理再获积极进展，也进一步向市场释放了积极信号。 1、债权人高票支持彰显信心，政策暖风赋能行业修复 从此次结果来看，有超过80%的票据持有人和超过90%的可换股债券持有人同意修订条款，这一成绩实 属不易。实际上，这也反映了持有人在当前相对严峻的行业环境下，倾向于通过协商让步给予房企喘息 空间，避免更坏的清 ...

Not for distribution, directly or indirectly, in the United States, Canada, Australia or Japan. NANTERRE (FRANCE)JUNE 11, 2025 FORVIA FURTHER IMPROVES ITS DEBT PROFILE BY USING PROCEEDS FROM AN ADDITIONAL ISSUANCE OF SENIOR NOTES DUE 2030 AND AVAILABLE CASH TO REPURCHASE EXISTING 2027 SUSTAINABILITY-LINKED NOTES FORVIA issued an additional €250 million of additional Senior Notes due 2030Proceeds from the issuance and available cash used to fund the repurchase of €300 million of FORVIA’s outstanding 2.750% S ...

Group 1 - The Jiangsu Provincial People's Congress held its 15th meeting, focusing on personnel appointments and reports from various government bodies [1] - The meeting included discussions on the work of the provincial supervisory commission regarding corruption and misconduct issues affecting the public [1] Group 2 - The Provincial Legislative Committee reported on the review results of the draft regulations for preventing and resolving conflicts and disputes [2] - The provincial government submitted proposals for the review of several local regulations, including the draft regulations on agricultural machinery management and public libraries [2] - Reports were presented on the management of government debt for 2024 and measures to enhance digital trade and service trade quality [2] Group 3 - A report was provided on the qualifications of individual representatives within the Provincial People's Congress [3] Group 4 - The meeting reviewed 11 legislative proposals submitted by municipal people's congresses for approval [4] - Discussions were held with representatives from various municipal congresses to gather opinions and suggestions on relevant topics [4]

Group 1 - The meeting of the Provincial People's Congress Standing Committee was held in Xi'an, presided over by the Provincial Party Secretary Zhao Yide [1] - 60 members of the Standing Committee attended the meeting, meeting the legal attendance requirement [2] - Reports were presented on various topics including the implementation of science and technology progress laws, government debt management for 2024, and anti-corruption efforts [3] Group 2 - The meeting reviewed multiple legislative drafts including the waste classification management regulations and forest management regulations [4] - Additional reports included the examination of individual representatives' qualifications and various government budget adjustments [4] - A special lecture on hydrogen energy and zero-carbon smart energy systems was delivered by an academic expert prior to the meeting [6]

Diversified Healthcare Trust (DHC) Q1 2025 Earnings Call May 06, 2025 10:00 AM ET Company Participants Matt Murphy - Manager-Investor RelationsChris Bilotto - President & CEOAnthony Paula - Vice PresidentMatthew Brown - CFO & TreasurerJustin Haasbeek - Senior Associate, Equity Research Conference Call Participants John Massocca - Senior Research Analyst Operator Good morning and welcome to Healthcare Trust First Quarter twenty twenty five Earnings Conference Call. All participants will be in listen only mod ...

Perella Weinberg Partners (PWP) Q1 2025 Earnings Call May 02, 2025 09:00 AM ET Company Participants Taylor Reinhardt - Executive Director, Head of Communications & MarketingAndrew Bednar - CEO, Partner of New York & DirectorAlexandra Gottschalk - MD, Partner & CFODevin Ryan - Director of Financial Technology ResearchBrendan O'Brien - Senior Vice President Conference Call Participants James Yaro - Analyst Operator Please be advised that today's call is being recorded. I would now like to turn the call over t ...

Financial Data and Key Metrics Changes - Consolidated net revenues for Q1 2025 totaled $627 million, an 8% increase year over year but a 15% decrease compared to Q4 2024, primarily due to lower smelting sales volumes and decreased zinc and lead prices [21][22] - Adjusted EBITDA for Q1 2025 reached $125 million, representing a 3% decrease year over year and a 36% decrease compared to Q4 2024, driven by lower sales volumes and higher costs [22][23] - Adjusted EBITDA margin was 20%, down 2 percentage points from the same period last year [23] Business Line Data and Key Metrics Changes - Zinc production in Q1 2025 was 67,000 tons, down 23% year over year and 8% quarter over quarter, impacted by operational challenges and heavy rainfall [10] - Smelting segment sales reached 130,000 tons, a decrease of 6% year over year and 14% quarter over quarter, primarily due to lower production at certain facilities [11][12] - Cash costs for mining dropped to $0.11 per pound from $0.26 per pound year over year, while smelting cash costs increased to $1.17 per pound from $0.98 per pound in the same period last year [10][12] Market Data and Key Metrics Changes - The average LME zinc price in Q1 2025 was $2,838 per ton, reflecting a 16% increase year over year but a 7% decrease quarter over quarter [30] - The average LME copper price was $9,340 per ton, up 11% year over year and 2% quarter over quarter [32] - The average LME silver price was $32 per ounce, up 37% year over year and 2% quarter over quarter [33] Company Strategy and Development Direction - The company is focused on improving margins through disciplined operational performance and cost control, while navigating a challenging macro environment [7] - The Cerro Del Pasco integration project is progressing well, aimed at extending operational capacity and sustainability [17][18] - The company is committed to enhancing the life of its assets, particularly through exploration and development activities at Aripuana and Cerro Lindo [35][36] Management Comments on Operating Environment and Future Outlook - Management acknowledged the current macro environment's volatility, including concerns over global economic slowdown and supply chain disruptions, but remains optimistic about medium to long-term fundamentals for key metals [6][7] - The company expects to normalize production variations over the coming quarters and is taking measures to recover production levels impacted by heavy rainfall [48] - Management emphasized a disciplined approach to financial and operational strategies, prioritizing cash generation and smart capital allocation [37][38] Other Important Information - The company invested $50 million in CapEx during Q1 2025, primarily for sustaining activities, with a total CapEx guidance for 2025 remaining at $347 million [24] - The liquidity position at the end of Q1 2025 was approximately $721 million, with a net debt to adjusted EBITDA ratio increasing to 2.1 times [27][28] Q&A Session Summary Question: Can you provide more details on geotechnical issues at Vasante and production levels at Cerro Lindo? - Management explained that geotechnical issues at Vasante were due to a collapse in a supporting pillar, affecting high-grade mineral extraction, but they expect to recover production throughout the year [44][45] - Heavy rainfall impacted production at Cerro Lindo, but management projected recovery in production levels as weather conditions improve [46] Question: What are your views on the impact of recent trends on TCRCs? - Management noted that while they have fixed contracts for the year, the recent TCRCs at $80 could impact smelter profitability, but they expect zinc prices to rise in response to market conditions [50][55] Question: How do you see leverage evolving in the next quarters? - Management indicated that they expect leverage to decrease throughout the year, aiming to return to levels similar to the end of 2024 [59] Question: Will you fully reverse the negative working capital by the end of the year? - Management stated that they typically expect working capital to be flat annually and highlighted a one-off tax payment that impacted Q1 working capital [64][66] Question: How is the company managing tariff risks? - Management confirmed that they are not currently exposed to tariffs on zinc and are monitoring the situation closely, emphasizing that demand for zinc in the U.S. remains stable [76][78]

周三，美国财政部将公布5月至7月季度的债券拍卖规模。近期长期国债收益率的大幅波动，让贝森特面 临严峻挑战。市场预计，财政部将继续按照既定节奏发债，预计下周的季度赎回拍卖将保持在1250亿美 元左右，包括3年、10年和30年期限债券。法国兴业银行美国利率策略主管Subadra Rajappa在接受采访 时表示： "考虑到美债市场的波动性，财政部长贝森特将非常谨慎地传达任何变化——尤其是票息规 模的调整。" 近期美国国债市场经历了剧烈波动，尤其是10年期国债收益率一度突破4.3%贝森特曾批评前任耶伦将 美国债务向短期国债倾斜，但在他上任后的首次公告中，仍延续了耶伦时期的指导方针。 对投资者而言，变动的节奏更像是一场精心设计的"稳扎稳打"。短债"稳定"发售，长债"缓慢推进"，而 未来稳定币的崛起或将成为左右债市格局的"隐藏推手"。 稳中求变的债市布局：继续按照既定节奏发债 根据历史模式，即将公布的公告将确定下周季度再融资拍卖的规模，其中包括3年期、10年期和30年期 国债： 在债务市场狂飙突进的背后，贝森特的债务管理策略正悄然发生改变。 稳定币：美债需求的未来"大金主"？ 对未来几年美国财政持续的赤字解释了为什么许 ...