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Libby Cherry

Libby Cherry

News Reporter at Bloomberg

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Influence score
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Location
United Kingdom
Languages
  • English
Covering topics
  • General Assignment News

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Recent Articles

bloomberg.com

BlackRock Slashes Another Private Loan Value From 100 to Zero

BlackRock Inc. slashed the value of a private loan to zero at the end of 2025, just three months after assessing it at 100 cents on the dollar, marking the second sudden wipeout to recently hit its private-credit division.
bloomberg.com

Iran War Is the Latest Blow for Europe’s Battered Industrial Backbone

A Cold War chemical park in Germany shows how vulnerable Europe is in an era of energy insecurity.
bloomberg.com

Berlin DJ Tech Firm Woos Buyers After Private Credit Walks Away

The administrator of Native Instruments Group is nearing a sale of the music technology firm after its private credit lenders shied away from a takeover that could have averted an insolvency filing.
bloomberg.com

Mall of Berlin’s Strained Finances Force Lenders Into New Talks

Lenders to one of Berlin’s largest shopping malls are weighing a temporary reprieve on its debt as talks with a potential new investor drag on.
bloomberg.com

Banks Launch Debt Sale to Refinance Chemicals Firm Archroma

Banks have launched a more than $1 billion debt sale for Swiss chemicals firm Archroma to refinance its loan coming due next year, after the firm showed improving earnings amid a difficult period in the sector.
bloomberg.com

Europe Feels the Private Credit Pain as Funds Become Reluctant Owners

Debt-for-equity swaps suggest Europe is undergoing its own private credit reckoning
bloomberg.com

Gerresheimer’s Accounting Debacle Has German Investors on Edge

Private equity firms were curious a year ago. They’ve been replaced by auditors
bloomberg.com

Greece Wins UK Court Ruling Over Its Controversial Debt Buyback

Greece correctly calculated the price at which it bought back GDP-linked warrants last year, a London court ruled Wednesday, settling a long-standing dispute over the government’s debt repurchase.
bloomberg.com

Stegra and Its Lenders Agree to Unlock €1.5 Billion Debt Funding

Stegra AB has agreed with creditors to unlock about €1.5 billion ($1.8 billion) of undrawn credit lines which, together with recently secured equity funding, will help complete what will be the world’s biggest green-steel plant.
bloomberg.com

Porsche Plans to Shift Cayenne Production to Leipzig, FAZ Says

Porsche AG plans to move the production of its Cayenne model from Bratislava to Leipzig, the Frankfurter Allgemeine Zeitung reported, as the carmaker seeks to utilize spare capacity at its German factories.
bloomberg.com

Autodoc Is Raising €530 Million Loan to Buy Out Apollo’s Stake

German online car-parts retailer Autodoc Holding SE is raising €530 million ($606 million) in debt financing to help it buy back a minority stake held by Apollo Global Management Inc.