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What to know about Berkshire's $9.7 billion deal to buy OxyChem, Buffett’s biggest deal since 2022
CNBC Television· 2025-10-02 17:02
Joining us this morning to break it all down is Roth Capital Partners senior research analyst Leo Mariani. Has a neutral rating and a 46 target on Oxy. Uh Lou L, good to have you.Um been in the works for seems a while here. We've been learning about it via reports for the past several days. Implications for Oxy and and overall uh concerns about debt load.Yeah. Yeah. So, I think that was one of the the key reasons they pulled the trigger on the transaction here is that amongst the the larger EMP companies in ...
X @Bloomberg
Bloomberg· 2025-10-02 15:57
The International Monetary Fund’s executive board will meet Friday to discuss Senegal’s debt misreporting case, a spokesperson said https://t.co/l8ArLySHpg ...
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Bloomberg· 2025-10-01 20:28
DuPont said its bondholders agreed to swap enough of its bonds due in 2028 to change terms on the debt, taking the conglomerate a step closer to cutting its debt load by more than $2 billion as it spins off a company https://t.co/rVNC5Cq5Vh ...
Investing as Companies Stay Private Longer
Bloomberg Technology· 2025-10-01 20:22
We were showing a really well read story on the Bloomberg about any participant in private markets. Offering an era of easy gains is now changing approach. Is that true of you and what you're doing in your strategy.Well, I think for us, similar to what we've seen over the last multiple decades, is companies are just staying private longer. Right. And as that happens, then the historic returns in public market investors would have gotten as companies went public and then appreciated in the public market. Tho ...
Warren Buffett will help Occidental reduce its debt, says Tortoise Capital's Rob Thummel
CNBC Television· 2025-10-01 19:29
Let's talk about that and more in energy. Rob Thumbl is a four-star energy fund manager and senior fund manager at Tortoise Capital. Rob, um, Oxy's got 24 billion in debt and about 27 billion in revenue.So, it's not quite 1 one, but it's close by comparison. Chevron has about 29.5% billion in debt on 187 billion in revenue. Oxy, a very heavily indebted company.Do you think that Warren Buffett's just going to have to buy out the rest of the business and kind of take it private. >> Well, Brian, I don't think ...
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The Economist· 2025-10-01 16:30
Rich-country guarantees would allow prudent governments to cut their debt costs and spend more on development, write Moussa Dawaleh and Nzioka Waita https://t.co/5qAJVPKZAD ...
How First Brands Group collapsed | FT
Financial Times· 2025-10-01 04:05
Company Overview & Debt Concerns - First Brands Group, a fast-growing US auto parts maker, faces potential multi-billion dollar losses for its lenders due to a possible restructuring or bankruptcy [1][2] - The company has nearly $6 billion in debt and billions more in off-balance sheet financing linked to invoices [3] - Investors underestimated the scale of First Brand's under-the-radar financing [3] - Lenders struggled to find public information about First Brand's owner, Patrick James, who was previously sued for alleged fraudulent conduct [6] Supply Chain Finance & Due Diligence - First Brands' situation highlights due diligence standards in the booming private credit markets [2] - The company's use of invoice finance raised concerns among debt investors [5] - Supply chain finance, used by First Brands, is often poorly disclosed and has been at the center of scandals like Greenill Capital's collapse [4] Industry Impact - The US auto parts sector is heavily dependent on overseas manufacturers and is already affected by tariff policies [7] - Some of First Brand's customers also heavily use supply chain finance, drawing scrutiny from credit rating agencies [8] - A First Brands fiasco could have broader spillover effects into the real economy [8]
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Bloomberg· 2025-09-29 09:01
Kuwait is set to return to the international bond market for the first time in eight years, after picking banks to arrange a sale of dollar debt https://t.co/7iRXklSSN4 ...
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Raoul Pal· 2025-09-29 01:26
RT Real Vision (@RealVision)📉 This is the key behind The Everything Code: rising debt and shrinking labor force. @RaoulGMI and @BittelJulien.The Fed uses liquidity to finance government spending as debt-to-GDP climbs—dive deeper to understand why. https://t.co/YavC7w4b0i ...
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Bloomberg· 2025-09-27 15:04
From waste management firm Ambipar to petrochemical giant Braskem, Brazilian companies dominated the headlines for all the wrong reasons this week, with bonds in freefall and creditors bracing for tough debt talks. Read it here in The Brink. https://t.co/LnMEPPcmo4 ...