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Norwegian Air bondholders reject debt plan in setback for survival hopes

Norwegian Air's bondholders have turned down a proposed debt-to-equity swap, casting doubt on a plan that is vital to help the indebted airline survive the COVID-19 pandemic, although talks will still continue......»»

Category: topSource: reutersMay 1st, 2020

Norwegian Air shares drop 60% after proposed debt-for-equity swap

The share price of Norwegian Air fell by 60% on Tuesday, the first day of trading following the company's proposal of a financial rescue package on April 8......»»

Category: topSource: reutersApr 14th, 2020

California Resources weighs bankruptcy after failed debt swap, Bloomberg says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 27th, 2020

Bausch Health to reduce debt by $100 million using cash from operations

Bausch Health Cos. iNc. said Wednesday it is reducing debt by $100 million using cash from operations. The drug company, formerly called Valeant, h.....»»

Category: topSource: marketwatchFeb 12th, 2020

America"s Giant Debt-For-Equity Swap Exposed

America's Giant Debt-For-Equity Swap Exposed Authored by Colin Lloyd via Th.....»»

Category: blogSource: zerohedgeDec 2nd, 2019

Cannabis Watch: Aurora Cannabis stock slides after dilutive bond deal, drags broader sector lower

Cannabis stocks were mostly lower Monday, with Aurora Cannabis slumping after the company carried through a convertible debt swap that is highly dilutive for its shareholders......»»

Category: topSource: marketwatchNov 25th, 2019

Chesapeake Energy’s stock swings lower, but analysts are upbeat on debt-for-stock swap

Sha.....»»

Category: topSource: marketwatchSep 11th, 2019

Market Extra: Key component of $1.6 trillion U.S. consumer debt market made history last week

The two-year swap spread, a benchmark component of the $1.56 trillion market for bonds that bundle up U.S. auto loans, credit cards and other forms of consumer debt, last week traded below Treasury rates......»»

Category: topSource: marketwatchAug 13th, 2019

J.C. Penney creditors seeking talks for possible debt swap, Bloomberg says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallAug 7th, 2019

J.C. Penney creditors pushing for debt swap talks, Bloomberg says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallAug 7th, 2019

The Holiday Is Over for Thomas Cook

A debt-for-equity swap is looking more and more likely at the British travel giant. Even if it sold its airline, it can’t keep living hand-to-mouth......»»

Category: topSource: washpostMay 20th, 2019

Here"s Why Paratek Pharmaceuticals Dropped as Much as 16.6% Today

The pharma company announced a debt offering that has Wall Street scrambling......»»

Category: topSource: foxnewsApr 19th, 2018

Valeant says total debt reduced by approximately $6.9B since end Q1 of 2016

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMay 8th, 2018

Embattled pharma company Valeant is changing its name as it seeks to revamp image (VRX)

Embattled pharma company Valeant Pharmaceuticals is changing its name to Bausch Health Companies as part of a .....»»

Category: topSource: businessinsiderMay 8th, 2018

For the first time since 2015, we"re seeing organic growth: Valeant Pharma CEO

Jim Cramer sits down with Joseph Papa, the Chairman and CEO of Valeant Pharmaceuticals, after earnings......»»

Category: topSource: madmoneyMay 8th, 2018

Valeant Pharmatceutical’s Debt Won’t Be Fooled by a Name Change

InvestorPlace - Stock Market News, S.....»»

Category: topSource: investorplaceMay 9th, 2018

Valeant will borrow more than $3.82 bln

Valeant Pharmaceuticals International Inc. said early Thursday that it plans to borrow an additional $3.815 billion of Term B loans and issue $750 million of secured debt securities and $750 million of unsecured debt securitie.....»»

Category: topSource: marketwatchMay 10th, 2018

What Does Francis Chou See in Valeant?

The value investor has built a huge position in the pharma giantCheck out Francis Chou Stock Picks » Download GuruFolio Report of Francis Chou (Updated on 05/14/2018)Related Stocks: VRX, BRK.A, BRK.B, RFP, ENDP, SNY, TEVA,.....»»

Category: worldSource: nytMay 15th, 2018

Morning Movers: Twitter Sinks on Offering, Valeant Gains on Upgrade

The Dow Looks set for a higher open this morning, as the Nasdaq looks set to trade a new all-time high. Twitter sinks on a convertible-debt offering, Valeant rises on a Barclays upgrade, and Signet jumps on earnings......»»

Category: blogSource: barronsJun 6th, 2018

Investors are paying more than ever to protect against a Tesla bond crisis (TSLA)

Getty Images/Joshua Lott The cost of insuring Tesla bonds against default through credit default swap contracts hit a record high on Tuesday.  The cost of insuring $100 of debt hit $.....»»

Category: topSource: businessinsiderJul 24th, 2018