[ad_1] Source: Adobe / pathdoc Creditors of the crypto derivatives exchange CoinFLEX are alleging that the newly established creditor claims marketplace OPNX, founded by bankrupt crypto hedge fund Three Arrows…
Tag: Creditors
Endo Creditors Offer U.S. Government $465 Million to Push Sale Forward
[ad_1] Updated Nov. 21, 2023 10:35 pm ET A group of lenders at Endo International made a new proposal that would pay up to $465 million to the U.S. government…
Insolvency – Spongebob’s Plan from a creditors perspective?
[ad_1] Having found myself in the unfortunate position that one of my customers has become insolvent I’ve had a look through various threads/forums on advice how to proceed following a…
Creditors to vote on rescue plan for Catalano Seafood
[ad_1] Administrators to embattled Perth-based company Catalano Seafood (ASX: CSF) have managed to hook a buyer for the business with the recapitalisation plan set to go to a vote by creditors at…
Gupta’s InfraBuild looks to sell $350mn bond to help repay creditors
[ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sanjeev Gupta’s Australian steel business InfraBuild is offering to…
Lumen Announces Broad Agreement With Creditors That Will Provide The Company with Significant Flexibility to Execute Its Transformation Strategy
[ad_1] DENVER, Oct. 31, 2023 /PRNewswire/ — Lumen Technologies, Inc. (NYSE: LUMN) (“Lumen” or the “Company”) today announced that it has entered into a transaction support agreement with a group…
Edtech group Byju’s faces shrinking empire with creditors at the gates
[ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. An educational technology empire rapidly assembled by Byju’s during…
Changing U.S. Stance Toward Venezuela Buoys Creditors
[ad_1] Oct. 27, 2023 1:36 pm ET|WSJ Pro The Biden administration’s rollback of sanctions against Venezuela is offering a helping hand to bondholders owed $63 billion from the government in Caracas, many…
Evergrande held talks with creditors this week -Bloomberg News
[ad_1] China Evergrande Group held talks this week with creditors who had opposed its restructuring plan, Bloomberg News reported on Thursday citing people familiar with the matter. Representatives of Evergrande…
30% – 40% debt exchange by external creditors could reduce Ghana’s debt drastically – Analyst
[ad_1] Eurobond holders to take a haircut An Associate Professor of Finance at Andrews University in Michigan, Williams Peprah, has stated that Ghana’s Eurobond debt will reduce substantially if bondholders…