Debt Restructuring with Maturity Extension and Covenant WaiverConcurrent $3.5 Million Capital Raise With Second Contingent Tranche of $4.5 MillionTransactions Significantly Increase Financial ...

RENO, Nev., Feb. 27, 2025 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (DFLI), an industry leader in energy storage and battery technology, today announced the completion of an amendment of its ...

RENO, Nev., Feb. 27, 2025 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (“Dragonfly Energy” or the “Company”) (Nasdaq: DFLI), an industry leader in energy storage and battery technology, today ...

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 ...

NEWTON, Mass.--(BUSINESS WIRE)-- Office Properties Income Trust (OPITS) (“OPI” or the “Company”) today announced that it has entered into a Restructuring Support Agreement (“RSA”) with an ad hoc group ...

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 ...

MOSCOW, Dec 26 (Reuters) - Russia's second largest bank VTB (VTBR.MM), opens new tab maintained its net profit target of 500 billion roubles ($6.4 billion) for 2025 after reporting results for January ...

This will be a permanent feature of the corporate debt restructuring and insolvency regime. A new law passed aims to simplify the existing Simplified Insolvency Programme (SIP) and provide a more cost ...

Brazilian carrier Azul has concluded its restructuring by agreeing with bondholders, lessors and aircraft manufacturers to eliminate R$12.3 billion ($2.1 billion) in debt. “Faced with a challenging ...