BGH News

Barings Global Short Duration High Yield Fund (the "Fund") (NYSE: BGH) announced its monthly dividend for December 2019 of $0.1482 per share, payable on January 2, 2020. Based on the Fund's November 29, 2019 share price of $16.31 per share, the distribution represents an annualized yield of 10.90% per share. Based on current projections through the payable date, the Fund expects that this distribution will be comprised of net investment income.

Almost five years after Volkswagen's admission to cheating on emissions tests involving millions of diesel-engined cars, the ruling is the first real legal setback for VW in its home country.

Barings Global Short Duration High Yield Fund (the "Fund") (NYSE: BGH) announced its monthly dividend for March 2020 of $0.1408 per share, payable on April 1, 2020. Based on the Fund's February 28, 2020 share price of $16.25 per share, the distribution represents an annualized yield of 10.40% per share. Based on current projections through the payable date, the Fund expects that this distribution will be comprised of net investment income.

Barings Global Short Duration High Yield Fund (the "Fund") (NYSE: BGH) announced its monthly dividend for May 2020 of $0.1056 per share, payable on June 1, 2020. Based on the Fund's April 30, 2020 share price of $11.00 per share, the distribution represents an annualized yield of 11.52% per share. Based on current projections through the payable date, the Fund expects that this distribution will be comprised of net investment income.

Barings Global Short Duration High Yield Fund (the "Fund") (NYSE: BGH) announced its monthly dividend for January 2020 of $0.1408 per share, payable on February 3, 2020. Based on the Fund's December 31, 2019 share price of $17.53 per share, the distribution represents an annualized yield of 9.64% per share. Based on current projections through the payable date, the Fund expects that this distribution will be comprised of net investment income.

Australia’s Village Roadshow Limited has begun exclusive sale talks with BGH, one of two finance companies that at the beginning of the year made takeover approaches to the company. The company also said that keeping its cinemas, film studios and theme parks …

CHARLOTTE, N.C., Oct. 8, 2019 /PRNewswire/ -- Barings Global Short Duration High Yield Fund (the "Fund") (NYSE: BGH) announced its monthly dividend for October 2019 of $0.1482 per share, payable on November 1, 2019. Based on the Fund's September 30, 2019 share price of $17.40 per share, the distribution represents an annualized yield of 10.22% per share. Based on current projections through the payable date, the Fund expects that this distribution will be comprised of net investment income.

Virgin Australia (ASX: VAH), Australia's second-largest airline, which filed for bankruptcy last month, is expected to receive upwards of eight indicative takeover bids today, per Reuters.Why it matters: Because it reflects the high value of duopoly, even in …

Virgin Australia Holdings Ltd's administrators have halted payments to bondholders and appointed Morgan Stanley to help sell the airline within four months, said a participant in a meeting of creditors owed nearly A$7 billion ($4.58 billion). Administrators f…

Virgin Australia Holdings Ltd's administrators have short-listed potential buyers BGH Capital, Bain Capital, Indigo Partners and Cyrus Capital Partners, a source with knowledge of the matter said on Monday. The airline's administrators expected to receive as …

In a new hit, VW will have to pay owners the current value of the cars.

Barings Global Short Duration High Yield Fund (the "Fund") (NYSE: BGH) announced its monthly dividend for February 2020 of $0.1408 per share, payable on March 2, 2020. Based on the Fund's January 31, 2019 share price of $17.62 per share, the distribution represents an annualized yield of 9.59% per share. Based on current projections through the payable date, the Fund expects that this distribution will be comprised of net investment income.

(Bloomberg) -- Bain Capital LP is preparing a second-round proposal to become the owner and operator of Virgin Australia Holdings Ltd., the U.S. alternative asset manager said on Sunday.Its Sydney-based managing director Mike Murphy is leading the team biddin…

Bain Capital on Sunday said it was preparing a second-round proposal to buy Virgin Australia Holdings Ltd, as the private equity group positioned itself as the "strongest" suitor to turn around the bankrupt airline. Bain said in a statement it was "preparing …

CHARLOTTE, N.C., June 7, 2019 /PRNewswire/ -- Barings Global Short Duration High Yield Fund (the "Fund") (NYSE: BGH) announced its monthly dividend for June 2019 of $0.1482 per share, payable on July 1, 2019.  Based on the Fund's May 31, 2019 share price of $17.55 per share, the distribution represents an annualized yield of 10.13% per share.  Based on current projections through the payable date, the Fund expects that this distribution will be comprised of net investment income. The Fund seeks to pay a distribution at a rate that reflects net investment income actually earned. A portion of each distribution may be treated as paid from sources other than net investment income, including but not limited to short-term capital gain, long-term capital gain or return of capital.

Almost five years after Volkswagen's admission to cheating on regulatory emissions tests involving millions of cars, Germany's top court will on Monday finally rule in a battle over compensation for tens of thousands of affected owners. In an early May hearin…

Virgin Australia Holdings Ltd's administrators have halted payments to bondholders and appointed Morgan Stanley to help sell the airline within four months, said a participant in a meeting of creditors owed nearly A$7 billion ($4.58 billion). Administrators f…

Indigo’s airlines have strong domestic markets with some short-haul international flights. That characteristic describes Australia and Virgin’s main opportunity.

Many airlines will go bust during the Covid-19 recovery. But Virgin Australia may just stick around. The airline has lost a lot of money over the years, but it is based in a robust market and has just one major competitor. -Brian Sumers

Australian theme park and movie theater operator Village Roadshow has agreed to exclusive takeover talks with BGH Capital after the private equiity firm offered to buy it for $465 million – or about $2.40 a share – it’s second offer, and a lower one, accordin…

"We deny the contents of these reports and would like to clarify that IndiGo has not formulated any indicative proposal, nor does it have any interest in this matter,” IndiGo CEO Ronojoy Dutta said in a statement.

CHARLOTTE, N.C., Sept. 10, 2019 /PRNewswire/ -- Barings Global Short Duration High Yield Fund (the "Fund") (NYSE: BGH) announced its monthly dividend for September 2019 of $0.1482 per share, payable on October 1, 2019.  Based on the Fund's August 30, 2019 share price of $17.40 per share, the distribution represents an annualized yield of 10.22% per share.  Based on current projections through the payable date, the Fund expects that this distribution will be comprised of net investment income. The Fund seeks to pay a distribution at a rate that reflects net investment income actually earned. A portion of each distribution may be treated as paid from sources other than net investment income, including but not limited to short-term capital gain, long-term capital gain or return of capital.

Indigo Partners is teaming up with Oaktree Capital Management in its offer for Virgin Australia Holdings Ltd and will consider adding an Australian partner as the bidding process progresses, Indigo managing partner Bill Franke said.

Virgin Australia Holdings Ltd's administrators have halted payments to bondholders and appointed Morgan Stanley to help sell the airline within four months, said a participant in a meeting of creditors owed nearly A$7 billion ($4.58 billion).

Barings Global Short Duration High Yield Fund (the "Fund") (NYSE: BGH) announced its monthly dividend for April 2020 of $0.1056 per share, payable on May 1, 2020. Based on the Fund's March 31, 2020 share price of $11.13 per share, the distribution represents an annualized yield of 11.39% per share. Based on current projections through the payable date, the Fund expects that this distribution will be comprised of net investment income.

Barings Global Short Duration High Yield Fund (the "Fund") (NYSE: BGH) announced its monthly dividend for May 2020 of $0.1056 per share, payable on June 1, 2020. Based on the Fund's April 30, 2020 share price of $11.00 per share, the distribution represents a…

Virgin Australia Holdings Ltd is expected to receive as many as eight non-binding indicative offers from potential buyers on Friday, including Brookfield, Bain Capital and BGH Capital, five sources said. Private equity groups BGH Capital, Bain Capital and Bro…

We warned about overvalued CEFs in February, although we didn't expect the crash to come so quickly and violently. My thoughts on our portfolio strategy and why

CHARLOTTE, N.C., Aug. 12, 2019 /PRNewswire/ -- Barings Global Short Duration High Yield Fund (the "Fund") (NYSE: BGH) announced its monthly dividend for August 2019 of $0.1482 per share, payable on September 3, 2019.  Based on the Fund's July 31, 2019 share price of $18.08 per share, the distribution represents an annualized yield of 9.84% per share.  Based on current projections through the payable date, the Fund expects that this distribution will be comprised of net investment income. The Fund seeks to pay a distribution at a rate that reflects net investment income actually earned. A portion of each distribution may be treated as paid from sources other than net investment income, including but not limited to short-term capital gain, long-term capital gain or return of capital.

CHARLOTTE, N.C., July 10, 2019 /PRNewswire/ -- Barings Global Short Duration High Yield Fund (the "Fund") (NYSE: BGH) announced its monthly dividend for July 2019 of $0.1482 per share, payable on August 1, 2019.  Based on the Fund's June 28, 2019 share price of $17.68 per share, the distribution represents an annualized yield of 10.06% per share. Based on current projections through the payable date, the Fund expects that this distribution will be comprised of net investment income. In addition, the Fund announced estimated monthly distributions of $0.1482 per share for August 2019 and September 2019. The Fund seeks to pay a distribution at a rate that reflects net investment income actually earned.

CHARLOTTE, N.C., Nov. 11, 2019 /PRNewswire/ -- Barings Global Short Duration High Yield Fund (the "Fund") (NYSE: BGH) announced its monthly dividend for November 2019 of $0.1482 per share, payable on December 2, 2019. Based on the Fund's October 31, 2019 share price of $17.40 per share, the distribution represents an annualized yield of 10.17% per share. Based on current projections through the payable date, the Fund expects that this distribution will be comprised of net investment income.

Virgin Australia Holdings Ltd's administrators have halted payments to bondholders and appointed Morgan Stanley to help sell the airline within four months, said a participant in a meeting of creditors owed nearly A$7 billion ($4.58 billion). Administrators f…