Hardly Half Of Student Loans Are Being Repaid

Regrettably, the trend seems to be moving in the incorrect direction. While delinquency rates dropped, overall loan nonperformance enhanced. Most notably, student loans in default (specified here as loans more than 360 days overdue) increased 31 percent in the past year, to $56 billion. This far surpassed the 20 percent increase in the outstanding balance…

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S&P Places Valeant Pharma (VRX) Ratings On Review For Downgrade

Get an inside looktake a look at Wall Street with StreetInsider Premium. Get your 2-week complimentary trial here (Upgraded – March 16, 2016 11:57 AM EDT) Standard Poors Ratings Solutions put its ratings on Valeant Pharmaceuticals International Inc. (NYSE: VRX), consisting of the B+ business credit score, the BB rating on the senior protected debt,…

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Songa Offshore SE: Announces Detailed Refinancing

Songa Offshore SE (Songa Offshore or the Company) means to provide a subordinated convertible bond of USD 100m with an option to upsize to USD 125m (the New Convertible Bond) and finish a subsequent equity offering of approximately USD 25m at NOK 0.15 per share (the New Equity), both as part of an extensive refinancing….

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