Tag: debt restructuring
Thames Water Needs £10 Billion Under Elliott, Silver Point Plan | Company Business News
(Bloomberg) -- Funds including Silver Point Capital and Elliott Management are working on a rescue plan for British utility Thames Water that would...
Azul’s Financial Overhauls Do Little to Quell Investor Worries
(Bloomberg) -- Brazilian airline Azul SA has cut deals with lessors, exchanged its debt and raised hundreds of millions in fresh cash in...
Country Garden Posts Narrower Loss in 2024 After Write-Off
(Bloomberg) -- China’s Country Garden Holdings Co. reported a narrower loss in 2024 as the defaulted property giant seeks to build creditor support...
Lowell Lenders Push to Get Better Terms as Part of Debt Deal-OxBig News Network
(Bloomberg) -- The lenders to British debt collector Lowell are seeking better terms as part of a deal that would see the company...
Mozambique’s New Finance Chief Faces Debt Headache From Day One-OxBig News Network
(Bloomberg) -- Carla Louveira, Mozambique’s new finance minister, takes over a treasury sapped by months of unrest and is already having to contend...