The plan would give debtholders full ownership of the reorganized company and provide $50 million in new convertible notes.— This story first appears at TheDesk.net, a premium source for original news ...
Houston-based Nine Energy Service says it has completed a financial restructuring, cutting $320 million in debt as it emerges from Chapter 11 bankruptcy.
NEW YORK/SAO PAULO, Dec ‌12 (Reuters) - A U.S. bankruptcy judge on Friday ‌approved Azul's debt restructuring, allowing the Brazilian airline to slash more than $2 billion in debt and raise capital ...
LifeScan (the “Company”), a world leader in blood glucose monitoring, today announced its successful emergence from its Chapter 11 financial restructuring process following approval of its Plan of ...
Hedge funds with a stake in Brightline’s $1.1 billion of corporate debt are crafting a plan to elevate their claims over other similar creditors by offering new financing and concessions to the ...
Troubled Brazilian sugar and ethanol producer Raizen SA says it could go into an out-of-court restructuring process as it ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Following recent FDA-related ...
MOSCOW, Dec 26 (Reuters) - Russia's second largest bank ‌VTB maintained its net profit target ‌of 500 billion roubles ($6.4 billion) for 2025 after reporting results for January-November on Friday and ...
In a turbulent year defined by a return to a more protectionist approach in the United States, tariffs remain a work in progress. Their impact has been felt everywhere, particularly on global supply ...
Amid rising domestic sovereign debt overhang in some emerging and developing economies (EMDEs), this paper underscores the importance of effective domestic sovereign debt restructuring (DDR) ...
Sri Lanka’s debt restructuring distinguishes itself from others by its complexity due to a particularly diverse creditor landscape and novel instruments issued in the restructuring. Not eligible for ...