Sentences with phrase «restructure their debt load»
July has been filled with speculation that Vivendi is considering selling their 61 % stake in Activision Blizzard in order to put a little much needed green in the company's back pocket and restructure their debt load.
http://brutalgamer.com/ Not exact matches
That's because while declaring bankruptcy would help the sunny Caribbean island restructure and reduce its $ 72 billion debt load, it wouldn't help Puerto Rico slim down its costly government operations in order to avoid getting in trouble again.
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.
Sbarro expects to cut its debt load by more than 80 percent, and said nearly all its lenders support its restructuring, which requires court approval.
The White House is pushing Congress to act on a plan to restructure Puerto Rico's finances, which is struggling under a heavy debt load.
The classic McElvaine holding is a firm of significant size in its own industry, with a reasonable debt load, headed by an owner - CEO who is in the middle of restructuring the company.
Event risk The risk that a bond's issuer undertakes a leveraged buyout, debt restructuring, merger or recapitalization that increases its debt load, causing its bonds» values to fall, or interferes with its ability to make timely payments of interest and principal.
Apparel and accessories chains including J. Crew Group Inc., Claire's Stores Inc., Nine West Holdings Inc. are already on creditors» radar because, like the toy retailer, they have large debt loads, looming maturities, and weakening results that could force a restructuring at some point.
(Bloomberg)-- Payless Inc. is in talks with its lenders over a restructuring plan that includes closing about 1,000 stores as it wrestles with an unsustainable debt load, according to people with knowledge of the matter...
San Francisco - based Gymboree is aiming to reduce its debt load t by more than $ 900 million, and in a statement said it plans to close more than 350 stores as a result of its restructuring (out of a total of 1,281).