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Why McClatchy’s New Owners May Sell Off Newspapers
If bondholders could get much more than $200 million for McClatchy papers, would they take it? There is a chance the properties are worth much more than that......»»
The World"s Top LNG Producer Is In Trouble
The World's Top LNG Producer Is In Trouble Authored by Cyril Widdershoven via OilPrice.com, Global LNG markets are struggling with a glut of unprecedented levels... International expansion in Australia, Qatar, Mozambique and Egypt.....»»
Puerto Rico gets investors" OK to reduce debt load by $24 billion, inching closer to the end of bankruptcy
Reuters/Alvin Baez Puerto Rico struck a deal with bondholders Sunday that reduces debt by $24 billion while agreeing to pay back debt 10 years sooner than before. Puerto Rico has s.....»»
PG&E bankruptcy judge approves settlement with bondholders, SF Chronicle 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.....»»
Credit Suisse ignored warning over $2B deal with tycoon
Credit Suisse Group AG ignored warnings from its outgoing regional chief executive officer on the risks of lending $2 billion to Mozambique in a scandal that has landed the Swiss bank in a lawsuit and opened up questions about its due diligence......»»
Is PG&E Making Promises It Can Keep?
Beleaguered utility PG&E has reached agreement with a group of bondholders that would allow the company's bankruptcy reorganization plan to proceed. California Governor Gavin Newsom remains as........»»
McDermott bankruptcy comes after fight between bondholders and lenders
The company's bondholders wanted equity in the reorganized company, and they were willing to fight to get it......»»
Monoprix’s Owner Can’t Shake the Blues
A profit warning at Casino and unhappy bondholders at Rallye spell more bumpy times for Jean-Charles Naouri’s retail empire......»»
The Wall Street Journal: Bankruptcy court sides with PG&E over interest rate on debts
A California bankruptcy court has sided with electric utility PG&E Corp. in its fight with bondholders over the interest rate that it must pay on its debts while under bankruptcy court protection......»»
PG&E bondholders push new plan to Governor Newsom, shareholders, 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.....»»
St. Louis coal producer seeks more time for bondholder talks
St. Louis-based coal producer Foresight Energy LP has asked bondholders for more time to negotiate after missing an interest payment and starting restructuring talks, the Wall Street Journal reported Friday. The company gave bondholders until T.....»»
Will California Governor Decide Who Wins the Struggle for PG&E?
One of PG&E's major bondholders, Elliott Management, on Thursday issued a response to the company's plan announced last week to compensate wildfire victims......»»
Did PG&E Just Pull the Rug From Under Elliott and Pimco?
California utility company PG&E on Friday announced a settlement valued at $13.5 billion with victims of 2017 and 2018 wildfires. That amount matches a competing plan from bondholders led by........»»
PG&E settlement threatens bondholders plan, WSJ reports
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.....»»
Kisawa Sanctuary will be a luxury resort 3D printed from sand
Located on Benguerra Island in Mozambique, Kisawa Sanctuary will feature 12 one-, two-, and three-bedroom bungalows set across the island’s beach, forest, and sand dunes......»»
How a banker helped fuel an alleged $2 billion fraud
Former Credit Suisse banker Andrew Pearse’s life was a whirlwind of international travel and deal-making—and then he and two former colleagues pleaded guilty to charges arising from an alleged conspiracy to defraud investors in Mozambique debt deals......»»
How a banker helped fuel an alleged $2 billion fraud
Former Credit Suisse banker Andrew Pearse’s life was a whirlwind of international travel and deal-making—and then he and two former colleagues pleaded guilty to charges arising from an alleged conspiracy to defraud investors in Mozambique debt deals......»»
Credit Suisse banker helped fuel an alleged $2 billion fraud
Former Credit Suisse banker Andrew Pearse’s life was a whirlwind of international travel and deal-making—and then he and two former colleagues pleaded guilty to charges arising from an alleged conspiracy to defraud investors in Mozambique debt deals......»»
Credit Suisse banker helped fuel an alleged $2 billion fraud
Former Credit Suisse banker Andrew Pearse’s life was a whirlwind of international travel and deal-making—and then he and two former colleagues pleaded guilty to charges arising from an alleged conspiracy to defraud investors in Mozambique debt deals......»»
How a Credit Suisse banker helped fuel an alleged $2 billion fraud
Former Credit Suisse banker Andrew Pearse’s life was a whirlwind of international travel and deal-making—and then he and two former colleagues pleaded guilty to charges arising from an alleged conspiracy to defraud investors in Mozambique debt deals......»»