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News tagged with “debt restructuring”. Found: 500 tagged news reports.
 

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Singapore :: Singapore | 17 days ago

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ET New York shipping tycoon Peter Georgiopoulos's Genco Shipping & Trading Ltd. will file for Chapter 11 bankruptcy as part of a recently unveiled debt-for-equity deal that the company reached with creditors, according to regulatory disclosures. The

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Mumbai :: India | 1 month ago

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IST Share More The trade may turn rangebound as the session progresses with capital goods sector in focus after the launch of PSU-ETF fund. The Indian markets are likely to open on a positive note as the global markets shrugged off concerns over

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Mumbai :: India | 1 month ago

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Orchid Chemicals and Pharmaceuticals today said the Corporate Debt Restructuring Empowered Group (CDR EG) has approved its debt restructuring proposal. ... the CDR EG has issued the letter of approval dated March 10, 2014 and the Board of Directors

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Mumbai :: India | 1 month ago

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Few deny that Indian banking is currently at its vulnerable worst since the restructuring and recapitalisation that accompanied the financial reform was completed by the middle of the last decade. Voices from within both the Finance Ministry and the

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Denver :: CO :: USA | 1 month ago

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A debt restructuring or bankruptcy filing "has been expected and it's inevitable," Restaurant Finance Monitor editor Jonathan Maze said. "The business model just does not work...The chain reportedly has defaulted on its debt and has been negotiating

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Dubai :: United Arab Emirates | 2 months ago

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Dubai has reached agreement on rolling over $10 billion in debt extended by the central bank of the United Arab Emirates during the global financial crisis, sources familiar with the matter told Reuters on Wednesday. The emirate borrowed the money

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Abu Dhabi :: United Arab Emirates | 3 months ago

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In This Article Sunday, Jan 26, 2014 (This story was originally published on Thursday.) Dubai Group , an investment company owned by Dubai's ruler, has agreed to a $10 billion debt restructuring, underlining the emirate's recovery from its recent

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New York City :: NY :: USA | 4 months ago

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Justin Sullivan/Getty Images An abandoned house in Richmond, Calif., last year. Corporate America has long known the public relations power of putting a big dollar number on a deal...Ocwen Financial is a little-known firm whose business is to gather

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Mumbai :: India | 4 months ago

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Lanco Infratech has received Corporate Debt Restructuring Empowered Group's approval to restructure debt worth more than Rs.7,000 crore. The company would get over Rs.2,500-crore priority loans from its lenders, a senior company official said. Under

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Jakarta :: Indonesia | 4 months ago

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IndonesiaPT Bumi Resources's attempt to reduce its debt burden stalled Friday as it failed to get enough shareholders to vote for a debt restructuring proposal amid uncertainty over the company's status with its London-listed parent. The company has

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