Page 37 - Debt Restructuring News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The persistent and damaging debt problems gripping a number of developing world nations will be a core topic during the G20 summit in Delhi next month. Zambia was the first African country to default during the COVID-19 pandemic and after a long-awaited burst of progress in recent months finally looks to be closing in on a repair plan. The details are still being worked on, but the government also hopes to reach a deal in the coming months with the international funds that hold its unpaid sovereign bonds.

Latest news, analysis and opinions from the Daily FT, Sri Lanka's only national business newspaper. ..

Navigating complex multi-jurisdictional mergers and acquisitions, as well as debt restructuring, is where Investec’s investment banking arm excels.

The online pharmacy is also in talks to restructure debt terms ahead of rights issue; share sale set to open on September 4

Some offshore creditors of embattled Chinese developer Country Garden are in talks with a New York-based law firm and are considering options including legal ones, by forming a group if the company seeks to restructure its debt, a representative for the law firm said. While Country Garden is one of the few leading private developers in China that has not defaulted on its offshore debt obligation yet, its liquidity stress became public earlier this month after it missed two dollar coupon payments. Offshore creditors are closely watching to see if Country Garden would be able to meet the grace...