Page 9 - Debt Restructuring News Today

Nisha Arunatilake shows how the country’s balance-of-payments crisis has exacerbated the gender pension gap.

Vedanta Resources had last week received investor consent to restructure about $3.8 billion of its outstanding corporate bonds. Moody’s said the company is likely to face material liquidity issues over the coming 24 months and the risk of default risk remains high

The government has urged Taeyoung Group to implement additional self-rescue measures for its financially troubled construction subsidiary, Taeyoung Engineering & Construction (E&C). This move is seen as essential for the conglomerate to rebuild trust with creditors and secure their agreement on a debt-restructuring plan.

The company had last year proposed a restructuring of four series of bonds maturing in 2024, 2025, and 2026 to alleviate its substantial debt liability

Ukraine has agreed with creditors from the G7 and the Paris Club to extend debt restructuring to 2027, the Ministry of Finance announced on Dec. 21.

Emerging market economies want another round of debt relief. They also want $2 trillion a year to address climate change.

Zambia's President Hakainde Hichilema on Friday blamed private creditors for holding up a long-sought debt restructuring deal for the first African nation to default after the Covid pandemic.The framework has been criticised as many African nations are either already in, or on the edge of, debt distress.

(Bloomberg) -- China Aoyuan Group Ltd. filed for Chapter 15 bankruptcy in New York on Wednesday, a move by the defaulted property developer to seek US court recognition for its offshore debt restructuring and ward off litigation. Most Read from BloombergS&P Logs Worst Day in Two Months, Bonds Power On: Markets WrapThe Hedge Fund Traders Dominating a Massive Bet on BondsTrump Barred From Colorado Ballot in Unprecedented RulingVilified Zero-Day Options Blamed by Traders for S&P DeclineAp...

It looks like Lumen will have some much needed flexibility to adjust its complicated debt situation.

S&P Global highlighted concerns regarding the significant upcoming debt maturities, estimated at approximately $4.5 billion by March 2025, coupled with restricted access to both internal cash flow and external financing.