Sentences with phrase «debt restructuring efforts»

Not exact matches

BRAZZAVILLE, April 19 (Reuters)- Congo Republic's current efforts to restructure its external debt will not affect multilateral creditors or holders of its Eurobond and regional bond, Prime Minister Clement Mouamba said in a statement late on Wednesday.

Local efforts by GDB and other Puerto Rican debt issuers to reach a debt restructuring are running in parallel with plans in the U.S. Congress to draft legislation aimed at solving the island's economic crisis, possibly by allowing it to restructure debt and putting its finances under federal oversight.

In particular, the economic uncertainties relating to European sovereign and other debt obligations and the related European financial restructuring efforts may cause the value of the euro to fluctuate.

Democrats» efforts to include debt restructuring powers for Puerto Rico in the House's massive omnibus spending bill fell short, yielding only a commitment from Republican leadership to work on legislation that would help the ailing island by next spring.

Debts were reduced, the currency was revalued, and the Athenian class system was restructured into four distinct groups in an effort to lessen the aristocracy's chokehold on land ownership.

These repositioning efforts included debt restructuring, land development and construction.

Southeastern Grocers: Southeastern Grocers announced on Thursday that it is preparing to file for Chapter 11 bankruptcy in an effort to restructure more than $ 500 million in debt.