[ad_1] China South City Holdings said it would not have enough cash to pay interest on its foreign-currency debt this month, as the property developer struggles to win the necessary…
Tag: Restructuring
Country Garden to Make CNY3.07 Billion Disposal to Aid Debt Restructuring
[ad_1] Chinese property giant Country Garden will sell a stake in a commercial center operator for about $428 million, using the proceeds to help restructure offshore debt. The indebted developer…
TCS CEO overhauls business structure
[ad_1] TCS revamps group structure with new CEO New Delhi Tata Consultancy Services (TCS), India’s top software services company, has revamped its organizational structure by creating business groups based on…
Corporate: changes for restructuring & liquidation business in Cayman | Loop Cayman Islands
[ad_1] The commencement order for the Companies (Amendment) Act, 2021 – legislation that is intended to attract and maintain restructuring and liquidation business in the Cayman Islands – was published…
P&G Pulls Back From Nigeria, Argentina’s Markets In Restructuring Move
[ad_1] Nigerian consumers will soon see fewer Procter & Gamble (P&G) products on shelves, as the American multinational consumer goods company announced a limited market portfolio restructuring that includes pulling…
Chinese developer Evergrande wins more time for restructuring deal
[ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A Hong Kong judge has delayed a decision on…
Telefonica Proposes Workforce Restructuring for 5,124 Jobs in Spain
[ad_1] Updated Dec. 4, 2023 12:29 pm ET Telefonica proposed a workforce restructuring plan that will affect 5,124 jobs in Spain as part of its reorganization. The Spanish telecommunications company…
Inside Sidley Austin’s Strategy for a Restructuring Revamp
[ad_1] Welcome back to the Big Law Business column. I’m Roy Strom, and today we look at how Sidley Austin plans to try to crack to the upper echelon of…
Flows from IMF, World Bank will be in jeopardy if external debt restructuring stalls – Seth Terkper
[ad_1] Seth Terkper, former Finance Minister The former Minister of Finance, Seth Terkper, has noted that Ghana’s international cash flows may be in jeopardy if external debt restructuring talks stall.…