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 ...

Why Debt Restructuring May Be The Least Bad Option. Senegal is facing a serious debt crisis. The IMF estimated the country's debt at 132% of GDP at the end of 2024. Debt servicing costs are projected ...

NAIROBI (Reuters) -Ethiopia said on Tuesday that debt restructuring negotiations with its bondholders had failed for the time being due to differences over the key terms that have kept the country in ...

A dispute over the future of John Risley’s CFFI Ventures Inc. has intensified as the company shifted its $1.4-billion debt ...

(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 ...

Spirit Airlines files restructuring plan in U.S. bankruptcy court, targeting early summer exit from Chapter 11 with reduced debt, optimized fleet, and expanded premium seating.

Zambia has entered the next phase of its sovereign debt programme following progress made under the international debt restructuring ...

Houston-based Nine Energy Service says it has completed a financial restructuring, cutting $320 million in debt as it emerges from Chapter 11 bankruptcy.

Modivcare Inc. (the “Company” or “Modivcare”) (OTCMKTS: MODVQ), a technology-enabled healthcare services company providing a platform of integrated supportive care solutions focused on improving ...

Ghana has signed a debt restructuring agreement with Belgium as part of ongoing efforts to restore economic stability.

Troubled Brazilian sugar and ethanol producer Raizen SA says it could go into an out-of-court restructuring process as it ...