December 3 EGM to vote on convertible bond, warrants and share issues Co to issue up to 15.5 billion shares at HK$0.6 apiece to repay shareholder loan Existing shareholders' stakes to be significantly ...

(Reuters) -Embattled Chinese property developer Country Garden said on Monday its controlling shareholder had agreed to convert $1.14 billion in loans to equity as part of its offshore debt ...

Over the past three years, Spain has operated as a real-time test market for the EU’s shift towards court-backed, pre-insolvency ...

The Development: On March 11, 2025, the Committee to Enhance Singapore's Corporate Restructuring and Insolvency Regime (the "Committee") published a report (the "Report") outlining its recommendations ...

German auto supplier Webasto got unanimous consent from stakeholders for a restructuring deal that will see its shareholders transfer a significant portion of their stock to a trustee. Lenders agreed ...

Petrofac shareholders will retain no value in the company after the completion of its chosen restructuring process, the troubled UK contractor said in a statement on Friday. Petrofac on 1 October said ...

A debt/equity swap is a financial restructuring strategy where a company exchanges outstanding debt for equity in the business. This can help a company reduce its debt burden and interest costs while ...

The Company today entered into an amendment to its existing loan agreement with its U.S.-based lenders CO FINANCE II LVS I LLC and OC III LVS LIII LP ("U.S. Lenders"), which are funds affiliated with ...

(Reuters) -Country Garden Holdings said on Friday it will seek shareholder approval for an offshore debt restructuring proposal aiming to deleverage by around $11 billion, as well as for other loan ...

Oct 13 (Reuters) - Embattled Chinese property developer Country Garden (2007.HK), opens new tab said on Monday its controlling shareholder had agreed to convert $1.14 billion in loans to equity as ...

EMBATTLED Chinese property developer Country Garden said on Monday its controlling shareholder had agreed to convert $1.14 billion in loans to equity as part of its offshore debt restructuring.