Lauren Tavener - Profile and Journalist Details
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Lauren Tavener
Verified
Segment Producer, Bloomberg Television
London
Beats
Travel , Baseball, Volleyball, Sports , Basketball, Beach Volleyball , Softball
business, finances
Content
By Lauren Tavener Verified| Credit Strategy Verified The Scheme was rejected last week, and the judge urged the directors to consider restructuring. Amigo explained that it is considering whether promoting another scheme of arrangement would be possible, to avoid insolvency. Amigo also confirmed that, to ensure equal treatment of customers with redress claims, the payment of redress creditors will continue to be stopped until further notice.
By Lauren Tavener Verified| Credit Strategy Verified Its gross asset management and servicing income was up 5.9 percent to £140.1m, which is 36.4 percent of its gross total income. Free cashflow was 13.3 percent to £261.4m. The full year dividend was up 3.1 percent on 2018, and leverage reduced to 3.4x, and is continuing to reduce, it said. The results showed a record of £307.7m of additional investment.
By Lauren Tavener Verified| Credit Strategy Verified The Scheme was rejected last week, and the judge urged the directors to consider restructuring. Amigo explained that it is considering whether promoting another scheme of arrangement would be possible, to avoid insolvency. Amigo also confirmed that, to ensure equal treatment of customers with redress claims, the payment of redress creditors will continue to be stopped until further notice.
Company Info
Bloomberg Television