Tag: debt restructuring
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Shimao Cuts Asking Price for Hong Kong’s Second-Largest Hotel
(Bloomberg) -- Defaulted Chinese developer Shimao Group Holdings Ltd. has slashed the asking price for a Sheraton-branded hotel property near Hong Kong’s airport...
Pan Brothers Closes In on $537 Million Debt Restructuring
(Bloomberg) -- Distressed textile giant PT Pan Brothers is closing in on its debt restructuring after seven months of negotiation with creditors, according...
Vedanta sees more C-suite exits amid crucial demerger and debt restructuring
Mumbai: Vedanta Group...
Spirit Airlines Struggles to Reach Rescue Deal to Avoid Bankruptcy
(Bloomberg) -- Spirit Airlines’ efforts to restructure its debt and avoid filing for bankruptcy have hit a snag after months of talks with...
Goldman Trades Billions in Thames Water Debt as Hedge Funds Buy
(Bloomberg) -- Goldman Sachs Group Inc. has executed around £3 billion ($4 billion) of trades in Thames Water’s bonds in September, as it...