Telecom-infrastructure firm Extenet is facing a cash crunch that could force it to cease operations before the end of the month, according to a letter shared with the company’s bond investors.
Telecom-infrastructure firm Extenet is facing a cash crunch that could force it to cease operations before the end of the month, according to a letter shared with the company’s bond investors.
Fiber optic cables are connected to a server at Telefonos de Mexico SAB (Telmex) headquarters in Mexico City, Mexico, on Saturday, April 5, 2014. Telcel's Digital Village event, hosted by Telmex and Telcel, and powered by Infinitum, is free and open to the public from April 11 to April 27. Telmex plans to install more than 125 kilometers of fiber optic cable to create a network in the Zocalo where attendees can participate in a wide variety of activities consisting of courses, workshops, conferences, contests and IT project incubation. Photographer: Bloomberg/Bloomberg
Money managers have sold a record amount of bonds backed by portfolios of leveraged loans this year, profiting from heavy demand from investors for higher-yielding loans funding buyouts in a form that offers extra protections.
Money managers have sold a record amount of bonds backed by portfolios of leveraged loans this year, profiting from heavy demand from investors for higher-yielding loans funding buyouts in a form that offers extra protections.
Pedestrians walk along Wall Street during the Beta Technologies Inc. initial public offering (IPO) at the New York Stock Exchange (NYSE) in New York, US, on Tuesday, Nov. 4, 2025. Beta Technologies Inc., an electric-powered aircraft manufacturer, raised $1.02 billion in an upsized initial public offering, pricing above the marketed range despite turbulence created by the US government shutdown.
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