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Libby Cherry

Libby Cherry

News Reporter at Bloomberg

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Email address
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Influence score
21
Phone
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Location
United Kingdom
Languages
  • English
Covering topics
  • General Assignment News

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Recent Articles

bloomberg.com

Deutsche Bank Flags Loans to Auto Industry as Growing Risk

Deutsche Bank AG warned that a challenging economic environment in Europe, the transition to electric vehicles and competition from China are posing a growing risk to its loans to the automotive sector.
bloomberg.com

Motorcycle Maker KTM Accused of ‘Delaying Tactics’ Ahead of Vote

A creditor opposing the debt restructuring plan of Austrian motorcycle manufacturer KTM AG is accusing the company of “delaying tactics” to avoid addressing an alternative proposal.
bloomberg.com

Windhorst’s Bond Trades Ensnared German Property Investor

Troubled property firm Aggregate Holdings was involved in a repo trade with the controversial financier
bloomberg.com

Motorbike Maker KTM’s Lenders Resist Debt Proposal With New Plan

A group of lenders to the now-insolvent Austrian motorcycle manufacturer KTM AG are pushing back against a restructuring planned by the company and proposing their own plan to improve creditors’ prospects.
bloomberg.com

Germany’s Distress Levels Set to Rise as Pain Subsides in Europe

Germany is becoming an outlier for corporate distress in Europe as its export-driven economy battles against faltering global demand and persistent price pressures.
bloomberg.com

Arrow to Take Over French Debt Collector in Restructuring Deal

UK asset manager Arrow Global is poised to take over iQera Group as part of a debt overhaul agreed with the majority of its creditors after months of negotiations.
bloomberg.com

CPI Property Plans to Open Czech Portfolio to Retail Investors

Landlord CPI Property Group is planning to sell shares in its Czech residential portfolio through an open-ended fund to retail investors as it seeks to rein in debt.
bloomberg.com

Debt Woes at Motorbike Maker KTM Reach Owner Pierer Industrie

Austrian conglomerate Pierer Industrie AG is seeking to extend the maturity of almost €250 million ($263 million) in debt as a consequence of financial strains at its KTM motorcycle unit.
bloomberg.com

Fashion Brand Isabel Marant’s Bonds Dive After Sales Slump

Luxury fashion brand Isabel Marant’s bonds posted their largest drop on record on Monday after the French company reported weakening sales.
bloomberg.com

Auto Supplier Webasto Faces Debt Overhaul Amid Downturn

German auto parts supplier Webasto SE is facing a potential restructuring of more than €1 billion in debt as a slowdown in the car industry deepens.
bloomberg.com

Schoeller Group Near Deal to Buy Signa’s Berlin Upper West Tower

The Schoeller Group is in exclusive talks to buy Signa’s Upper West tower in Berlin, according to people familiar with the matter, in one of the most closely watched property transactions in Germany.