Sentences with phrase «from debt restructuring»

Dubai has further unnerved anxious investors by ring - fencing its prized assets from the debt restructuring of Dubai World, which manages and supervises a portfolio of businesses for the Dubai government.

Not exact matches

Gold producer AngloGold Ashanti has announced plans to separate its South African assets from its international mining assets through London - listed NewCo, whilst contemplating a rights issue to raise $ 2.3 billion to fund the restructure and pay off debt.

Despite the cliché that Italians are living la dolce vita, Italy has been hit hard but the 2008 economic recession and has had to restructure its debt and pension obligations to government workers in order to receive bailouts from the EU.

SINGAPORE, April 26 (Reuters)- Goldilocks Investment Co. Ltd, a dissident shareholder of Noble Group Ltd, filed a lawsuit in Singapore on Wednesday against the commodities trader, seeking to prevent Noble from pursuing a debt restructuring.

SINGAPORE, April 19 - Embattled Noble Group said it will drop a provision in its $ 3.4 billion debt restructuring proposal that placed restrictions on shareholders voting against the plan after criticism from the Singapore Exchange.

SINGAPORE, April 19 - Bowing to criticism from the Singapore Exchange and other investors, embattled Noble Group is removing a provision in its $ 3.4 billion debt restructuring proposal that penalised shareholders voting against the plan.

Under the agreement TORM will defer a substantial portion of its bank debt and also avail new liquidity and savings from its restructured time charter book.

Despite his concerns over potential shocks coming from Italy and Germany, Papadimitriou said they will not derail the much - promised talks to restructure Greece's debt.

Puerto Rico is mired in an 11 - year recession and trying to restructure some of its $ 72 billion public debt load as it struggles to recover from Hurricane Maria.

If we do not generate sufficient cash flow from operations to satisfy the debt service obligations, we may have to undertake alternative financing plans, such as refinancing or restructuring our indebtedness, selling of assets, reducing or delaying capital investments or seeking to raise additional capital.

It is seeking to agree on a debt restructuring plan with creditors, and is asking them to refrain from initiating bankruptcy proceedings.

Drawing from our knowledge of debt restructuring, bankruptcy, public finance, municipal law and governance, labor law, employee benefits, tax, litigation, government contracts and more, our attorneys are adept at positioning municipalities for long - term success.

They said the company is not currently pursuing a debt restructuring, although it is seeking relief from a $ 225 million term loan due in 2020 and $ 200 million revolving credit line that comes due in 2019.

Without debt restructuring, Puerto Rico will be forced to default as it faces nearly $ 2.5 billion in bond payments from May through July, government officials have said.

The deal marks a major milestone for Argentina and its new president, Mauricio Macri, restructuring the lion's share of the debt remaining from the default and freeing up the nation to tap international markets for much - needed financing as its commodities - rich economy falters.

Having occurred Monday, November 6, 2017 between 2:00 pm & 4:00 pm, it also explored the appropriate policy response from Washington to the Puerto Rican crisis and the issue of how the island's debt might be restructured.

To compound this problem, mall owners are now starting to mail in the keys to financially troubled malls: More mall landlords are choosing to walk away from struggling properties, leaving creditors in the lurch and posing a threat to the values of nearby real estate... [as] some of the largest U.S. landlords are calculating it is more advantageous to hand over ownership to lenders than to attempt to restructure debts on properties with darkening outlooks (LINK).

EKR Therapeutics, a Cedar Knolls, N.J., specialty pharma founded in 2005, just raised an undisclosed sum in debt and equity financing in order to buy several heart drugs from PDL BioPharma, an unraveling biotech that is selling off assets in a restructuring.

Puerto Rico would have been left in a bind in which it had no access to the U.S. municipal bankruptcy process but was preempted from enacting any analogous debt restructuring mechanism by Section 903 (1) of that same Bankruptcy Code, per Franklin California Tax - Free Trust.

Here's a letter to the board of Biglari Holdings re: executive compensation [Noise Free Investing] & then more thoughts on Biglari's compensation agreement [My Investing Notebook] Where things stand in the market [Bespoke Investment Group] A list of stocks Nasdaq is canceling trades in from yesterday's madness [Business Insider] The best interest rate chart in the world [Trader's Narrative] A great macro overview from Barry Ritholtz [The Big Picture] A look at John Paulson's possible ownership of Bear Stearns CDOs [Zero Hedge] John Mauldin on the future of public debt [Advisor Perspectives] Top buys & sells from Morningstar's ultimate stock pickers [Morningstar] The truth about «Sell in May & Go Away» [WSJ] An interview with hedge fund manager Hugh Hendry [Investment Week] Bill Ackman: Let's have a public registry for stock opinion [Barron's] Hedge fund Harbinger hires ex-Orange chief for wireless plan [Dealbook] & Deutsche Telekom has been in talks with Harbinger [FT] Hedge funds begin to restructure fee system [FT]

Under PROMESA, a 2016 federal law that restructured Puerto Rico's debt, the island is legally prohibited from accessing outside capital markets.

CORPORATE FINANCING NEWS: CORPORATE DEBT By Gordon Platt Distressed debt and bankruptcy restructurings completed in 2012 more than doubled from 2011 to $ 423 billion, according to Thomson ReutDEBT By Gordon Platt Distressed debt and bankruptcy restructurings completed in 2012 more than doubled from 2011 to $ 423 billion, according to Thomson Reutdebt and bankruptcy restructurings completed in 2012 more than doubled from 2011 to $ 423 billion, according to Thomson Reuters.

ASIAN DEALS FALL The Asia Pacific region's distressed debt and restructuring activity totaled $ 10 billion last year, down 25 % from 2011.

We have seen promising structural reforms from some of the countries that had gotten into trouble during the sovereign debt crisis that started in 2009, and equally encouraging restructuring initiatives at the corporate level.

Smith works in sales for a company that restructures debt, but since receiving his first SI subscription at 13 from his grandmother, getting covers signed has been what he really does.

Through this mechanism, the portion of the debt owed to the Banks amounting to about GHC 800 million was restructured by leveraging some proceeds that had accrued from the levy.

But the government in Kiev needs meaningful help from Brussels to restructure its debts, to prevent oligarchs from washing money in Western banks, to protect poor citizens from the harsh implications of reforms, and to enhance the rule of law and institutions of civil society.

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.

Republicans said they would replace the fee revenue by restructuring county debt; boosting estimates of sales tax revenue; using unspent money from the 2017 budget and reducing police overtime projections.

Like similar legislation in the state Senate, the bills would restructure the state's largest district and commit more than $ 70 million a year from the state to help pay down its debt.

It is the same principle which regular lenders benefit from when their debts are restructured.

As a reminder, Primus Telecom emerged from Chapter 11 on July 1, 2009 after restructuring its debt down to $ 255 mm from $ 316 mm pre-bankruptcy.

This includes debt restructuring, changing your accounts from revolving to closed - end and repaying collections.

Mortgage debt reduced through a restructuring or cancelled in foreclosure may be excluded from taxation.

Debt restructuring ranges from refinancing one piece of equipment to «full - facility» investment.

The Scam «We'll reduce your debts by 70 % through a government mandated debt relief program» «We restructure your debt through a 100 % legal program approved by the court» «We work for you and not your creditors» Have you heard of these catchy slogans from debt consultants who will tell you anything you would like to hear?

Business debt consolidation is an effective way to restructure existing, expensive forms of business debt from lenders, corporate credit cards, creditors, suppliers or collection agencies.

Walsh warned shareholders and employees of the painful restructuring, cost reduction & rationalisation still to come, and then began systematically ticking each action item off his list: i) After one last kitchen sink loss in 2012 of EUR 116 million (mostly goodwill impairment), One51 actually recorded a net profit in 2013 for the first time in 7 years, ii) free cash flow increased from just EUR 1.1 million in 2011 to 15.4 million in 2013, iii) almost EUR 100 million was raised in two years from the sale of the plastic extrusion business, the disposal of stakes in Island Renewable Energy, Thirdforce, IFG, and (most significantly) Irish Continental Group, in addition to a substantial 2013 capital redemption from NTR, and iv) net debt (exc.

Bankruptcy is a judgment from a court that removes or restructures your debt.

This is definitely a problem if you're considering restructuring your debt; after all, you've spent all this time creating a plan and now you have to start over from scratch.

Kenya Airways has undergone a complex and contentious USD 2 billion financial restructuring; the intricate deal saw through a variety of things, such as: re-profiling of payments owned to various lenders; a debt - for - equity swap and the agreement of a new financial facility from Kenyan banks, which...

Kenya Airways has undergone a complex and contentious USD 2 billion financial restructuring; the intricate deal saw through a variety of things, such as: re-profiling of payments owned to various lenders; a debt - for - equity swap and the agreement of a new financial facility from Kenyan banks, which thus placed the airline largely in shared ownership between Kenya's government, owning 48.9 % and a consortium of 11 Kenyan commercial banks owning 38.1 %

The new hires, who are joining from Allen & Overy, will focus on acquisition and leveraged finance, event - driven finance, corporate lending and restructuring transactions in South East Asia and India on behalf of regional and global financial institutions, corporates, private equity funds and debt funds.

We can provide guidance on how to deal with debt, recovering money from debtors, negotiating with banks and business restructuring.

over 50 separate debt recovery files from insolvent customers and / or customers undergoing restructuring proceedings (from the beginning of the year only), for the financial services division of one of the biggest automobile producers worldwide, etc..

We handle traditional bank, project, and structured financings; real estate financings; securitization transactions; derivatives; private placements, debt, and equity securities offerings; ESOP financings; workouts and bankruptcies; cross-border insolvencies; multinational restructurings; and purchases of assets from bankruptcy estates and foreclosure sales.

Advised a syndicate of banks, led by HSH Nordbank, on the restructuring and buy - back of the combined $ 120m senior and junior debt made available to US listed shipowner, Dryships Inc; advised Santander and HSBC on the # 36.2 m term and revolving facilities provided to Southern Communications Group; acted for the Republic of Kazakhstan in a BIT and ECT arbitration brought against it by a Turkish investor, which arose out of a dispute involving alleged oil transportation and transhipment investments in Kazakhstan; closely involved with the development of WeatherXchange, the world's first weather derivatives platform; leading advice to Nokia on various employment issues arising from the company's acquisition of Alcatel - Lucent across over 100 jurisdictions.

About Blog A full range of debt help services for your personal or business needs from one of the largest bankruptcy, insolvency, and restructuring service firms in Atlantic Canada Frequency about 2 posts per month.

Bankruptcy is really about borrower intent, do they intend to walk away from their debt or restructure it?

Mr. Nolan was a member of the senior management team that led GGP's reorganization and emergence from bankruptcy, which included the restructuring of $ 15.0 billion in project - level debt, payment in full of all of GGP's pre-petition creditors and the securing of $ 6.8 billion in equity commitments.