Topics

Liquidity

United to Put Up Frequent-Flier Program for $5 Billion Loan_WSJ

United to Put Up Frequent-Flier Program for $5 Billion Loan

By: Alison Sider
Source: The Wall Street Journal
Date of Publication: June 15th, 2020
United expects to have $17 billion in liquidity by the end of the third quarter as it grapples with the impact of the coronavirus pandemic.
AMC Theater Chain Raises Doubt on Ability to Stay in Business_WSJ

AMC Theater Chain Raises Doubt on Ability to Stay in Business

By: Dave Sebastian
Source: The Wall Street Journal
Date of Publication: June 3rd, 2020
AMC Entertainment Holdings Inc. said its ability to stay in business is in jeopardy if it can’t raise enough cash to fund operations during the prolonged closure of its theaters due to the coronavirus pandemic.
S&P Global CEO Breaks Down How the Corporate Debt Market Operates

S&P Global CEO Breaks Down How the Corporate Debt Market Operates

By: Doug Peterson
Source: CNBC
Date of Publication: May 14th, 2020
S&P Global CEO Doug Peterson explained why the market is defined by liquidity and the rating agency is seeing heavy demand for research.
Herman Miller Makes Temporary Business Adjustments in Response to Impact of COVID-19_Herman Miller

Herman Miller Makes Temporary Business Adjustments in Response to Impact of COVID-19

By: Herman Miller
Source: Herman Miller
Date of Publication: April 3rd, 2020
Herman Miller, Inc. (NASDAQ: MLHR), the global designer and furniture manufacturer, announced today a set of actions throughout its global operations in response to the uncertain economic outlook resulting from the COVID-19 pandemic.
Hershey’s international sales fall amid COVID-19 pandemic

Hershey sees modest impact from COVID-19 pandemic, dip in international sales

By: Crystal Lindell
Source: Candy Industry
Date of Publication: April 23rd, 2020
Chocolate company says consumer shopping behaviors are evolving and the full impact of coronavirus virus remains uncertain.
Gap stops paying rents, warns it might not have enough cash

Gap stops paying rents, warns it might not have enough cash for operations

By: Lauren Thomas
Source: CNBC
Date of Publication: April 23rd, 2020
Gap said it must take further action to find liquidity over the next 12 months, such as additional job cuts and new debt financing. The company said it did not pay rent on its shuttered stores in April, which amounts to roughly $115 million in monthly expenses in North America.