Huawei has become a major player in the telecom space by undercutting rivals like Cisco and Nokia (NOK). The Shenzhen-based company’s revenue has risen to an estimated $109 billion last year from $18 billion in 2008.
“I want to prove I can play in the Premier League. It was an easy decision as well. I know Wolves is a good team.”
Good morning and welcome to TPG Specialty Lending Inc. Fourth Quarter and Full Year December ended 31, 2018 Earnings Conference Call.
Published 01:26 on February 23, 2019 / Last updated at 01:26 on February 23, 2019 / Newsletter / No Comments
Led by MIT engineers and Wall Street analysts, Trefis (through its dashboards platform dashboards.trefis.com) helps you understand how a company's products, that you touch, read, or hear about everyday, impact its stock price. Surprisingly, the founders of Trefis discovered...
Tahir Imin, a 38-year-old Uighur, had his blood drawn, his face scanned and his voice recorded by the authorities in China’s Xinjiang region.CreditCreditKate Warren for The New York Times
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So understanding that your portfolio companies are not agented, they're not as fluid on the capital structure side. How do you feel about your deeper vintage and their ability to find financing options before maturity?
And as we spoke about last time, I mean, we have a tremendous amount of focus, as you can imagine, on turnaround excellence both on derisking them, focusing on using techniques to drive down wrench time as well as mitigating the raw material purchases that we have during those times, where we would otherwise have made our own raw materials. So again, I think the view here is just a matter of the timing. But going forward, we continue to have this as the key focus of the organization, recognizing that they are annual events that are critical to the sustainability of the business.
And Finnair and Insurity are both really good performing names that will have no problem of refinancing. And so there is -- or my point to Rick was -- Rick's question was, how I think -- I don't want to put words back into his mouth, but Rick's question was how should we think about the beta, how much beta are you taking up credit market through your book and is it dollar price, is it spread price, is it duration? And the answer is bottoms up name by name and the amount of dollar price movement is a function of the underlying weighted average life of those investments.
The introduction of temporary exclusion orders (TEOs) could have the effect of rendering an Australian unable to legally enter Australia – or indeed any other country if they are not a citizen of another country and hence have no right to enter another country – while the order is in place.
Concerns over the increasing market dominance of China’s technology giants in areas from telecoms network equipment to drones and surveillance cameras have simmered over the years, but temperatures have risen sharply after the US banned Chinese companies from supplying government agencies with telecommunications network and surveillance equipment. The US Army banned the use of DJI drones last year over security concerns.
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