Vedanta repays $779 million to bondholders
India Business News: NEW DELHI: Metals and mining giant Vedanta Resources on Friday said it has made an upfront payment of $779 million to its bondholders and completed re.
Source: indiatimes.com
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Report says 62 developing countries in full-blown debt crisis, need relief 'now or never'
Report comes ahead of Global Sovereign Debt Roundtable
Source: dunyanews.tv
Dish Parent EchoStar Kills Set of Distressed Debt Swaps
Dish Network Corp. parent EchoStar Corp. nixed a divisive proposal to restructure more than $5 billion of debt, marking a win for creditors who banded together in the aftermath of the offer.
Source: livemint.com
Analysis-Evergrande liquidation highlights investor despair at China debts
A liquidation order for China's most debt-laden developer begins a drawn-out process for creditors that is likely to lay bare the depths of China's real-estate downturn and leave builders locked out of global debt markets as investors shun exposure. A Hong Kong court appointed liquidators for China Evergrande on Monday, more than two years after its default brought a years-long property boom to a shuddering halt. It has assets of $240 billion and is the world's most indebted developer with nearly $300 billion in liabilities.
Source: yahoo.com
Evergrande's fate hangs on China's recognition of court ruling
Any liquidation of troubled property giant Evergrande depends on Chinese authorities' recognition of the Hong Kong court's ruling, in a decision...
Source: dailysabah.com