Sentences with phrase «restructuring deal with lenders»

Toys «R» Us Inc. is making preparations for a liquidation of its bankrupt U.S. operations after so far failing to find a buyer or reach a debt restructuring deal with lenders, according to people familiar with the matter.

The company has failed to find a buyer or reach a debt restructuring deal with lenders, leaving it with few options, people familiar with the situation said at the time.

Toys «R» Us was optimistic at the start of its bankruptcy proceedings that it would only close a limited number of locations, but is now reportedly planning a liquidation of its U.S. operations after failing to find a buyer or reach a debt restructuring deal with lenders.

The company has struggled to find a buyer or reach a debt - restructuring deal with lenders, leaving it with few options.

Not exact matches

The restructuring industry includes law firms, investment banks, lenders, and more who deal with companies who are restructuring their debt through bankruptcy or other means.

The company's restructuring needs meant hammering out a deal with lenders in the UK and South Africa, who were owed cash in a variety of currencies (the company also had listed bonds outstanding on the Johannesburg and Irish stock exchanges).

In a deal negotiated with creditors, Caesars» lenders and independent directors will gain the majority of the seats on a newly restructured board.