Distressed builder Logan Group vows to cut debt amid US$8 billion workout plan

[ad_1] Distressed Chinese developer Logan Group has pledged to trim its debt level to align with the size of its business, after winning approval from some offshore creditors and its…

Malaysia’s AirAsia X Exits Distressed Status With Latest Profit

[ad_1] Malaysian budget carrier AirAsia X will exit the financially distressed status imposed by its main stock exchange during the global pandemic, after a run of profitable quarters restored the…

Union Bank, BFREE partner to revitalise distressed loan portfolios | The Guardian Nigeria News – Nigeria and World News

[ad_1] Union Bank of Nigeria and BFREE, a cutting-edge German-Nigerian FinTech firm, have signed a memorandum of understanding (MOU) to revitalise distressed loan portfolios in Nigeria. This MOU was formalised…

OPINION | Insolvency: the impact of distressed corporates on SA – and what can be done about it | Business

[ad_1] Eric Levenstein looks at the impact of a triple whammy of distressed corporates, economic uncertainty and director apathy on South Africa.  An issue of concern to insolvency practitioners across…

CT small business loans target diverse owners, distressed cities

[ad_1] An occasional look at Connecticut’s remarkable people, places and things CT Mirror Inside a new commercial building, off Farmington Avenue in Berlin’s Kensington section, Beatriz Torres surveyed the scene…

Malaysia’s AirAsia X says no longer classified as a distressed firm

[ad_1] Adds quarterly results as well as details, background on classification from paragraphs 2 onwards Nov 21 (Reuters) – AirAsia X AIRX.KL said on Tuesday that Malaysia’s stock exchange had…

Financially distressed Aeromexico gets $50 million lifeline

[ad_1] FILE PHOTO: A logo of Aeromexico is pictured inside Benito Juarez international airport in Mexico City, Mexico July 31, 2018. REUTERS/Carlos Jasso MEXICO CITY (Reuters) – Mexican airline Aeromexico…

Volunteer moms are distressed about the water being discharged from the Fukushima nuclear plant

[ad_1] IWAKI, Japan — In a laboratory on the third floor of a nondescript building here, a group of volunteers pour water from plastic jerry cans through filters into large…

Top distressed funds mull buying State Bank of India’s bad loans

[ad_1] A number of global and local distressed asset investors are considering buying some of State Bank of India’s bad loans put up for sale in the financial year that…

Distressed US corporate debt trading touches 11-month low: JPM

[ad_1] A JPMorgan logo is seen in New York City, U.S., January 10, 2017. REUTERS/Stephanie Keith/File Photo/File Photo Aug 8 (Reuters) – The amount of U.S. corporate loans and bonds…