The plan would give debtholders full ownership of the reorganized company and provide $50 million in new convertible notes.— This story first appears at TheDesk.net, a premium source for original news ...

A Shell spokesperson said the British oil major acknowledged the significant financial challenges facing Raizen. The ...

Many highly indebted advanced economies face a grim fiscal outlook. Under current policies, the public debt ratios of ...

After a debt restructuring last year, Scranton’s downtown parking system brought in more revenue, according to a recent report from the outside operators of the system.

Urban One is offering bondholders a deal to swap existing debt for new notes with extended deadlines and higher interest rates, as the broadcaster becomes the latest radio operator working to ...

THORChain’s node operators approved a plan to convert $200 million in debt into equity tokens, but community members are raising concerns over its long-term viability. Decentralized liquidity protocol ...

Shares of iHeartMedia Inc (NASDAQ:IHRT) have climbed almost 70% year to date. The radio and podcasting company, which recently cut 5% of its workforce, is restructuring debt. This removed an overhang ...

Carbon Health has filed for Chapter 11 bankruptcy as part of a pre-arranged financial restructuring aimed at recapitalizing the company or facilitating a sale. Seven things to know: 1. The San ...

New Fortress Energy (NFE) is considering restructuring its debt through a U.K. scheme of arrangement, a court procedure that could be less detrimental to contracts than a U.S. Chapter 11 bankruptcy ...

QVC Group Inc. is negotiating a voluntary debt restructuring agreement with its creditors that could be implemented as part of a Chapter 11 bankruptcy process. The company and its lenders have held ...

Ghana has signed a bilateral debt restructuring agreement with Belgium as the West African country continues efforts to ...

Ghana has signed a bilateral debt restructuring agreement with Belgium as the government moves closer to completing negotiations with its external creditors following the economic crisis that pushed ...