Showing 1 to 12 of 17 results
El Corte Inglés Achieves Record Low Debt, Boosts Profitability
El Corte Inglés's net financial debt dropped to €1.796 billion in 2024, a 64% decrease from 2014, driven by asset sales (including €660 million from real estate and €1.105 billion from its insurance business) and resulting in improved profitability and increased dividend distribution.
El Corte Inglés Achieves Record Low Debt, Boosts Profitability
El Corte Inglés's net financial debt dropped to €1.796 billion in 2024, a 64% decrease from 2014, driven by asset sales (including €660 million from real estate and €1.105 billion from its insurance business) and resulting in improved profitability and increased dividend distribution.
Progress
36% Bias Score
Spain's Stagnant Consumption Despite Income Growth: A Debt Reduction Story
Despite a 5.2% increase in real disposable income per capita, Spanish household consumption grew only 0.2% in the last five years, significantly lower than the European average of 1.4%, due to increased savings used primarily to reduce debt rather than accumulating liquidity.
Spain's Stagnant Consumption Despite Income Growth: A Debt Reduction Story
Despite a 5.2% increase in real disposable income per capita, Spanish household consumption grew only 0.2% in the last five years, significantly lower than the European average of 1.4%, due to increased savings used primarily to reduce debt rather than accumulating liquidity.
Progress
20% Bias Score
Grifols Reports Record Revenue, Plans Dividend Resumption
Grifols, a Spanish pharmaceutical company, reported record 2024 revenue of €7.2 billion, exceeding expectations, and plans to resume dividend payments in 2025 while focusing on debt reduction; the company also appointed its first female president, Anne-Catherine Berner.
Grifols Reports Record Revenue, Plans Dividend Resumption
Grifols, a Spanish pharmaceutical company, reported record 2024 revenue of €7.2 billion, exceeding expectations, and plans to resume dividend payments in 2025 while focusing on debt reduction; the company also appointed its first female president, Anne-Catherine Berner.
Progress
44% Bias Score
Greece to Eliminate Debt Servicing Risk by 2031
Greece's Minister of National Economy and Finance, Kyriakos Pierrakakis, announced a plan to prepay approximately €31.6 billion of its public debt by 2031, eliminating the risk of debt servicing pressure after 2032 and ensuring Greece is no longer Europe's most indebted country by 2029.
Greece to Eliminate Debt Servicing Risk by 2031
Greece's Minister of National Economy and Finance, Kyriakos Pierrakakis, announced a plan to prepay approximately €31.6 billion of its public debt by 2031, eliminating the risk of debt servicing pressure after 2032 and ensuring Greece is no longer Europe's most indebted country by 2029.
Progress
56% Bias Score
Telefónica Shareholders Open to Capital Increase to Fund Acquisitions
Telefónica's major shareholders, including the Spanish government and CriteriaCaixa, are open to supporting a capital increase to fund acquisitions or debt reduction under new CEO Marc Murtra, who plans a strategic review and seeks sector consolidation in Europe.
Telefónica Shareholders Open to Capital Increase to Fund Acquisitions
Telefónica's major shareholders, including the Spanish government and CriteriaCaixa, are open to supporting a capital increase to fund acquisitions or debt reduction under new CEO Marc Murtra, who plans a strategic review and seeks sector consolidation in Europe.
Progress
44% Bias Score
GFL Environmental to Reignite Acquisitions After $6.2 Billion Asset Sale
Canadian waste management company GFL Environmental Inc. sold its environmental services division for $6.2 billion, using the proceeds to reduce debt and resume acquisitions after an 18-month period of focusing on debt reduction; Ontario Teachers' Pension Plan representative stepped down from GFL's ...
GFL Environmental to Reignite Acquisitions After $6.2 Billion Asset Sale
Canadian waste management company GFL Environmental Inc. sold its environmental services division for $6.2 billion, using the proceeds to reduce debt and resume acquisitions after an 18-month period of focusing on debt reduction; Ontario Teachers' Pension Plan representative stepped down from GFL's ...
Progress
36% Bias Score
Telus in Talks to Sell $1.2B Stake in Cell Tower Network
Telus Corp. is negotiating to sell a 49% stake in its 3,000-tower network to three Canadian asset managers for approximately $1.2 billion to reduce debt, with the deal potentially closing by year-end and creating a new company called Terrion.
Telus in Talks to Sell $1.2B Stake in Cell Tower Network
Telus Corp. is negotiating to sell a 49% stake in its 3,000-tower network to three Canadian asset managers for approximately $1.2 billion to reduce debt, with the deal potentially closing by year-end and creating a new company called Terrion.
Progress
40% Bias Score
Baywa Sells Cefetra, Reducing Debt by 650 Million Euros
Baywa, a German conglomerate, is selling its Dutch subsidiary Cefetra to First Dutch for 125 million euros, reducing its debt by 650 million euros; the sale is expected to be completed in the third quarter of 2025.
Baywa Sells Cefetra, Reducing Debt by 650 Million Euros
Baywa, a German conglomerate, is selling its Dutch subsidiary Cefetra to First Dutch for 125 million euros, reducing its debt by 650 million euros; the sale is expected to be completed in the third quarter of 2025.
Progress
40% Bias Score
Fitch Upgrades Greece's Economic Outlook to Positive
Fitch Ratings upgraded Greece's economic outlook to positive, citing a 1.3% GDP budget surplus in 2024, a 10 percentage point drop in the public debt-to-GDP ratio to 154%, and exceeding expectations on fiscal targets, exceeding the government's initial target.
Fitch Upgrades Greece's Economic Outlook to Positive
Fitch Ratings upgraded Greece's economic outlook to positive, citing a 1.3% GDP budget surplus in 2024, a 10 percentage point drop in the public debt-to-GDP ratio to 154%, and exceeding expectations on fiscal targets, exceeding the government's initial target.
Progress
28% Bias Score
Hercules" ABS Underperforms Due to Property Auction Shortfalls
Low proceeds from property auctions are hindering "Hercules" asset-backed securities performance, reaching only 26% of the target, while loan restructurings exceed expectations at 56%; in 2024, 29.5% of 69,026 scheduled auctions were canceled or suspended, with only 25.6% of completed auctions resul...
Hercules" ABS Underperforms Due to Property Auction Shortfalls
Low proceeds from property auctions are hindering "Hercules" asset-backed securities performance, reaching only 26% of the target, while loan restructurings exceed expectations at 56%; in 2024, 29.5% of 69,026 scheduled auctions were canceled or suspended, with only 25.6% of completed auctions resul...
Progress
40% Bias Score
Ford Germany Receives €4.4 Billion Capital Injection, Eliminates Debt Guarantee
Ford's German subsidiary receives a €4.4 billion capital injection from its parent company, reducing its debt by €1.4 billion and eliminating a 2006 debt guarantee, marking a shift towards greater financial independence while receiving additional funding to boost business operations over four years.
Ford Germany Receives €4.4 Billion Capital Injection, Eliminates Debt Guarantee
Ford's German subsidiary receives a €4.4 billion capital injection from its parent company, reducing its debt by €1.4 billion and eliminating a 2006 debt guarantee, marking a shift towards greater financial independence while receiving additional funding to boost business operations over four years.
Progress
48% Bias Score
Greece's Defense Spending Could Exceed Budget Limits Under EU Proposal
Greece's €1.5 billion defense investment budget for 2024 could be excluded from spending limits under a proposed EU escape clause, potentially freeing up additional funds and potentially reaching €2 billion in 2026, according to a statement by Ursula von der Leyen. This follows Greece exceeding its ...
Greece's Defense Spending Could Exceed Budget Limits Under EU Proposal
Greece's €1.5 billion defense investment budget for 2024 could be excluded from spending limits under a proposed EU escape clause, potentially freeing up additional funds and potentially reaching €2 billion in 2026, according to a statement by Ursula von der Leyen. This follows Greece exceeding its ...
Progress
36% Bias Score
Showing 1 to 12 of 17 results