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debt restructuring news

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

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Toronto :: Canada | over 1 year ago

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President and cheif executive office of Yellow Media Inc., Marc Tellier, in a 2010 file photo. Media Streetwise Top Picks Revenue, however, came in 16.4 per cent lower than a year ago at $286.5-million as customers moved away from its printed phone

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Johannesburg :: South Africa | over 1 year ago

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In a filing to the Stock Exchange of Thailand, the listed steel company said that SB Plc, a subsidiary of Standard Bank, is mandated to be the lead manager for the supply facility worth upto US$50 million or approximately Bt1.6 billion. It would also

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London :: United Kingdom | over 1 year ago

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Shareholders in Mouchel are set to see their investments all but wiped out after the troubled motorway maintainer's creditors agreed to write off £87m of its debts in return for control of the company. The debt-for-equity swap will see creditors such

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Mumbai :: India | almost 2 years ago

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Bankers will have to be more vigilant in monitoring a loan account while corporate will have to think twice before restructuring the loan with Reserve Bank of India planning tighten the debt restructuring norms. A RBI working group on restructuring

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Mumbai :: India | almost 2 years ago

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Higher loan-loss provisions by banks and greater "sacrifice" by founders or controlling shareholders of troubled companies are among the tighter norms for loan restructuring recommended by a panel appointed by RBI . Banks should set aside 5 percent

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Mumbai :: India | almost 2 years ago

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A senior official of the Ministry told The Hindu on Friday that currently, benefits of the scheme were not available to units that became non-performing assets (NPAs). A two-member inter-ministerial committee had a meeting with representatives of the

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Shah Alam :: Malaysia | almost 2 years ago

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Five local audit firms of international standing will be appointed by the Selangor state government to review the Talam Corporation debt restructuring exercise. Mentri Besar Tan Sri Khalid Ibrahim said Wednesday the process will be headed by retired

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New Delhi :: India | almost 2 years ago

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A meeting of a Group of Officers will be held on July 13 in New Delhi to formulate debt restructuring proposals on a case-by-case basis for the textile industry. In a letter to the Union Ministry of Finance last month, the Reserve Bank of India (RBI)

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Mumbai :: India | almost 2 years ago

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While the amount of such distressed debt has grown nearly three-fold from Rs 23,000 crore in 2010-11, the number of cases also grew sharply by 78 per cent. The total corporate debt sought to be restructured last fiscal accounts for nearly one-third

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New York City :: NY :: USA | almost 2 years ago

Credibility Credibility of 5

Struggling CIT Group is launching a debt restructuring effort it hopes will trim at least $5.7 billion from its balance sheet, but also is asking bondholders to approve a prepackaged reorganization plan in case it is forced to file for bankruptcy

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