Topic
debt restructuring
11 stories related to this topic, newest first.
montrealgazette.comfinance12 days agoSourced
Global Technologies Replaces CEO, Issues 2.5 Billion Shares in Debt-to-Equity Swap
GTLL entered a securities exchange agreement that converts $2.5 million of debt into 2.5 billion restricted common shares and simultaneously replaced its chief executive. The changes alter the company’s capital structure and leadership effective immediately, triggering standard S…
Atlantic Councilworld18 days ago
G20 Releases Template for Sovereign Debt Restructuring
The Group of Twenty issued an illustrative template on May 27 to guide future sovereign debt restructurings with official bilateral creditors. The document formalizes steps under the 2020 Common Framework while introducing new requirements for debtor countries and private credito…
onemileatatime.comfinance21 days ago
Ritz-Carlton Yacht lenders ease payment terms after $275 million owner injection
Owners of the Ritz-Carlton Yacht Collection provided $275 million in new capital. In exchange, creditors agreed to delay scheduled payments and relax existing covenants on the luxury cruise line's debt.
insidermonkey.comworld38 days ago
Blackstone and KKR to Cut Affordable Care Debt by 70% in Restructuring
Direct lenders Blackstone and KKR will assume control of the struggling dental business Affordable Care and cut about 70% of its debt under a restructuring agreement. The move was reported by a source to @business. It marks a significant shift in ownership for the company.
english.radio.czworld41 days ago
Spanish Broadcasting System Reaches Deal With Creditors to Restructure Debt in Prepackaged Bankruptcy
Radio station owner Spanish Broadcasting System Inc. filed for bankruptcy on Monday after announcing plans to hand ownership to its noteholders in a debt restructuring move. The Chapter 11 filing marks the latest financial pressure on traditional radio operators facing shifting m…
Bloombergworld46 days ago
Intrum to Raise $812 Million in Equity to Strengthen Balance Sheet
Swedish credit management firm Intrum announced plans to raise $812 million of equity capital. The move comes as the company continues to grapple with a substantial debt burden. @business reported the development on Thursday.
Bloombergworld56 days ago
Raízen Submits Alternative Proposal to Creditors in 65 Billion Reais Debt Restructuring
Raízen has sent an alternative proposal to its creditors amid ongoing efforts to finalize a major debt restructuring. The restructuring involves 65 billion reais, equivalent to $13 billion. The development was reported by @business on the current date of 2026-04-26.
Bloombergworld58 days ago
BayMark Creditors to Take Control in Debt Restructuring Deal
Creditors of BayMark, a provider of opioid addiction treatments, will assume control of the company. The takeover is part of an agreement to restructure BayMark's debt. The development was reported by @business, citing people familiar with the matter.
wwd.comworld64 days ago
QVC Group Files for Chapter 11 Bankruptcy with Debt Reduction Plan
QVC Group, the parent company of shopping channels QVC and HSN, has filed for Chapter 11 bankruptcy protection. The filing includes a restructuring agreement aimed at reducing the company's debt from $6.6 billion to $1.3 billion within 90 days. Operations will continue normally w…
Substrate placeholder — needs reviewworld74 days ago
Perforce Software Agrees Debt Restructuring Deal with Junior Lenders
Perforce Software has reached an agreement with a group of junior lenders to extend repayment deadlines for its debt obligations. The deal permits these lenders to gain seniority in the creditor hierarchy. This arrangement addresses upcoming debt maturities reported by @business.
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Substrate placeholder — needs reviewworld75 days ago
Mozambique's Dollar Bond Drops to Near Three-Year Low Amid Debt Restructuring Signals
Mozambique's dollar-denominated bond fell to its lowest level in almost three years following indications from authorities about pursuing debt restructuring. The move aims to reduce debt repayment costs through talks with creditors. This development reflects ongoing efforts to ma…
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