FT 26/09/19 | Vox Markets

FT 26/09/19

Virgin and Wizz Air Holdings (WIZZ) eye Thomas Cook Group (TCG) Gatwick slots. Take-off and landing assets likely to fuel bidding war as airlines seek extra capacity

Lombard – The name’s bond, very expensive Aston Martin Holdings (AML) bond. Carmaker has issued a type of debt that signals a company teetering on the edge

Prudential (PRU) offers £100m sweetener for M&G spin-off. One-off payout pitched for investors in newly independent asset manager and insurer

Unions denounce Thomas Cook Group (TCG) collapse as ‘national scandal’. UK government’s loan refusal under scrutiny after Berlin rescues group’s Condor airline

Sainsbury (J) (SBRY) reveals £500m cost cuts after failed Asda bid. Supermarket’s plan B includes shrinking pension contributions and reducing support for its bank

Aston Martin Holdings (AML) hit by steep borrowing costs for bond sale. Fundraising aims to cushion carmaker against Brexit and help launch its first sport utility vehicle

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Mentioned in this post

AML
Aston Martin Holdings
PRU
Prudential
SBRY
Sainsbury (J)
TCG
Thomas Cook Group
WIZZ
Wizz Air Holdings