Creditors to the company have broken into factions as the software provider struggles with its $5.5 billion debt load.
China's real estate market will require close monitoring by policymakers, and if there is no marked improvement, stronger ...
Separately, Chevron last month signed an asset exchange agreement with PDVSA, expanding its footprint in Venezuela's heavy oil sector. The deal raises Chevron's working interest in the ...
HNA Group, the Haikou-based conglomerate, has completed its restructuring work, which has been the largest debt-restructuring ...
Centerview Partners has been appointed to advise Venezuela on restructuring $150-170 billion in defaulted sovereign and PDVSA ...
Billionaire Patrick Drahi is reorganizing the debt-laden Optimum Communications Inc. on self-dealing terms without giving ...
(Reuters) -The legal framework surrounding private-sector-owned sovereign debt has proven largely effective, especially for bonded debt, but gaps remain for loans and collateralized debt and ...
Mitel Network won US bankruptcy court approval of a restructuring plan that cuts more than $1 billion in borrowings, resolves litigation over a contested 2022 debt deal and hands control of the ...
Negative stockholders’ equity position triggers filing with the Philippine Stock Exchange Read more at The Business Times.
LONDON, June 3 (Reuters) - Ghana's President John Dramani Mahama on Wednesday told a conference in London that debt ...
AMC Entertainment Holdings Inc. shares sank Tuesday, after the movie-theater chain and original meme stock announced its latest debt-restructuring deal. The Leawood, Kan.-based company is converting ...