[ad_1] Distressed US companies are increasingly resorting to debt restructurings to avoid expensive bankruptcy proceedings, but many borrowers ultimately end up in court anyway — with their deals amounting to…
Tag: distress
World Bank arm to boost loans to nations facing debt distress
[ad_1] Washington: The World Bank arm that provides help to the poorest countries plans more concessional loans and grants to nations facing higher risks of debt distress, a move that…
Kamala Harris to discuss China influence, debt distress in Africa
[ad_1] The US has unleashed a charm offensive in Africa under President Biden as it seeks to rival Russia and China. This weekend, Vice President Kamala Harris begins a three-country…
Smaller Banks’ Critical Role in Economy Means Distress Raises Recession Risks
[ad_1] Economy The Outlook Regional and local banks account for nearly 40% of all lending [ad_2] Source link
German firms in S’pore see ‘psychological distress’ among staff from rising rents: Survey
[ad_1] SINGAPORE – Rising housing rents have become a bugbear for German companies and their employees here, going by a survey conducted in February and released this week. Almost half…
Cardinal Pell: No state funeral in Victoria due to victim distress
[ad_1] Victoria’s premier says honouring the controversial clergyman would be distressing for abuse victims. [ad_2] Source link
Thurrock Council issues S114 notice of financial distress
[ad_1] Thurrock Council is ceasing spending on all but essential services due to its £469m debt. [ad_2] Source link