57 stories found
The Ghana Cocoa Board has fully discharged its GH¢2.3 billion payment obligation to bondholders under the Domestic Debt Exchange Programme, fulfilling its mandatory 2026 commitments.
Creditors holding Aston Martin bonds are seeking expanded document discovery in US courts to strengthen their position in an ongoing UK debt restructuring battle. The legal maneuver aims to uncover additional financial details relevant to the negotiations.
Senator Abdul’aziz Abubakar Yari, Chairman of Geregu Power Plc, has committed to personally provide funds to cover the company's immediate outstanding bond obligations, aiming to protect bondholders.
Merkanti Holding plc bondholders are awaiting their interest payment after the company failed to settle the amount due and is now seeking bridge financing against an asset sale.
Nordic Mining is engaged in constructive discussions with shareholders and bondholders to secure additional financing, aiming to bring its mining operations to full capacity.
The low price of Aston Martin's bonds suggests that even senior creditors are pessimistic about the company's prospects, indicating significant challenges for the luxury carmaker.
A group of bondholders, including Arini and Silver Point, is poised to take over Pfleiderer, the struggling wood-paneling company backed by Strategic Value Partners, despite the firm having raised fresh debt just eight months prior.
A scheduled meeting for airBaltic bondholders was unable to get off the ground, indicating a potential setback for the airline.
The Federal Communications Commission (FCC) has narrowed Dish Network's proposed restructuring deal, preventing the company from using a $2.4 billion 5G fund, earmarked for contractors, to repay corporate bondholders.
A group of Venezuela bondholders is actively adding new members as it prepares for long-awaited debt talks, which could lead to the largest sovereign restructuring in over a decade.
Bondholders of EchoStar's Hughes Network are reportedly exploring various options as an August debt deadline approaches. The company faces financial challenges related to its debt obligations.
Ethiopia has reached an agreement with bondholders to cut payments on a $1 billion bond, following $8 billion in debt relief from official creditors in recent years.
Thousands of investors who lent €14 million to Shoreline Mall plc, expecting their money back this August, are now being asked to wait an additional two years, as announced in a circular ahead of a bondholders' meeting.
PRODEA Investments' Voluntary Public Offer to bondholders of its €300 million green bond, issued in 2021, concluded on June 4, 2026, with a 112% oversubscription.
Ethiopia has formally pledged equal treatment in its ongoing debt restructuring talks, following a previous collapse of discussions where creditors rejected a $1 billion debt restructuring proposal.
Jim Ratcliffe’s Ineos group has invested €200 million in a basket of chemical company equities, informing bondholders that the sector is currently 'undervalued'.
Ellinas Finance Public Company Limited has issued an announcement via the Cyprus Stock Exchange (CSE) to establish the record date for the annual interest payment due to its bondholders.
Negotiations for Ethiopia's debt restructuring continue, with agreements with bondholders and commercial creditors still out of reach.
Following Arca, the Slovakian company Proxenta is now experiencing financial problems and is unable to pay its bondholders, amidst discussions of a new micro-levy for small entrepreneurs.
Merkanti Holding plc has altered its public justification for failing to pay scheduled interest to bondholders, prompting regulatory scrutiny. The Malta Financial Services Authority has declined to confirm whether a formal investigation into the company's financial practices is underway.
Bondholders totaling £1.3 billion are pursuing legal discovery in US courts regarding a contentious £550 million financing agreement with the British automaker, signaling escalating financial tensions.
Realkredit Danmark A/S has announced the drawing rates for bonds it has issued, providing important information for bondholders.
The Ghanaian government has paid GH¢10.82 billion to bondholders under the Domestic Debt Exchange Programme (DDEP), confirming the payment was made in full and on schedule.
Bondholders of the national airline airBaltic voted to capitalize interest payments on their bonds during a meeting held on Monday, August 17.
Economists surveyed by Latvian Radio stated that the national airline "airBaltic"'s business plan, featuring a smaller fleet and new financing, is logical, but much will depend on the bondholders' decision.
A report indicates that bondholders are threatening action regarding Aston Martin's HPS financing deal, suggesting potential disputes over the terms or implications of the agreement.
A meeting of airBaltic bondholders on August 3 was postponed due to a lack of the necessary quorum. A repeat meeting is now planned for August 17.
Luxury carmaker Aston Martin's recovery plan is facing challenges as its latest financial results reveal widening losses and burgeoning debt, leading to discontent among some bondholders regarding refinancing terms.
Latvia's national airline, airBaltic, is reportedly planning to seek short-term financing from its bondholders, according to a Reuters report citing a company statement. The move aims to bolster the airline's financial position.
Investors in Shoreline Mall plc have overwhelmingly approved a controversial request to postpone the repayment of its €14 million bond by two years, despite an ongoing public dispute with a contractor over the reasons for the restructuring.
Venezuela is grappling with the question of how quickly to restructure its debt following two devastating earthquakes, with some concerns raised about the speed of a potential deal with bondholders.
Bondholders are being forced to confront a significant $4 billion tax threat amidst a bitter credit dispute.
A rent freeze is expected to be implemented in New York, raising questions about its impact on bondholders who still anticipate receiving their payments.
The financial situation of the Belgian-Polish group Ghelamco remains tense, with its founder reportedly seeking buyers for properties to address the company's debts.
The legal fallout from China's housing slowdown persists in offshore courts, with bondholders potentially dissatisfied with current recovery offers, necessitating complex negotiations for remedies.
Bondholders for Brightline West, a high-speed rail project, have agreed to give the company additional time to secure necessary funding. This extension aims to facilitate the project's financial stability and progress.
Bondholders of Ethiopia's sovereign debt have begun legal proceedings against the government following its default on payments, escalating the dispute over the nation's financial obligations.
Junk bond buyers are increasingly refusing to accept 'J. Crewed' terms, a practice where companies strip assets from bondholders, signaling a shift in investor demands and market dynamics within the high-yield debt sector.
International creditors have emerged as the primary supporters of petrochemical giant Braskem's financial reorganization, granting the company a 90-day extension to finalize its recovery plan.
Economist Professor Godfred Bopkin stated that Eurobond holders, domestic bondholders, and pensioners who incurred losses during Ghana’s debt restructuring were crucial in restoring the country’s debt sustainability.
The Latvian Parliament will again address the issue of the national airline airBaltic, whose bondholders agreed this week to capitalize interest payments due this year. Deputies will need to approve state participation in airBaltic's financing.
Bondholders of the financially struggling Latvian national airline airBaltic have approved changes to the terms of €380 million worth of bonds, which will allow the company to defer some payments and retain more funds.
Bondholders of the national airline airBaltic approved the capitalization of interest payments on their bonds during a meeting on Monday, August 17.
Bondholders of Braskem are reportedly pressuring Brazil's state-controlled oil company Petrobras to inject capital into the petrochemical producer to prevent bankruptcy ahead of a looming deadline.
Aston Martin bondholders have warned the carmaker of potential legal action, aiming to unwind a transaction with HPS and block an asset disposal related to branding rights.
Bondholders of the Latvian national airline airBaltic are scheduled to meet on Monday, August 3, to decide on deferring interest payments and exploring options for securing additional financing.
The Latvian Cabinet of Ministers, in an extraordinary session on Thursday, July 30, authorized the State Treasury to represent the Latvian state at the bondholders' meeting of the national airline "airBaltic."
Debt-ridden developer Ghelamco has sold its flagship office building, The Bridge, in Warsaw to Swedish company Eastnine for over 1.1 billion PLN, providing relief to Ghelamco's bondholders.
Ethiopian bondholders have voiced strong criticism against the International Monetary Fund (IMF), alleging that the debt rework process was handled 'poorly.' This highlights ongoing tensions and disagreements in Ethiopia's debt restructuring efforts.
China is advocating for measures to curb 'malicious' bondholders as part of efforts to provide debt relief to poor nations, according to a Bloomberg report.
The Cyprus Development Bank (CDB) has announced its schedule for paying interest to bondholders of its CDBB1 series, covering the six-month period from December 23, 2025, to June 22, 2026.
Ethiopia's debt restructuring talks with bondholders have reportedly failed after creditors rejected an offer to improve debt payments by $1 billion.
Ghana's Finance Minister, Dr. Cassiel Ato Baah Forson, announced that the government will not provide compensation to bondholders who incurred losses under the Domestic Debt Exchange Programme (DDEP).
Prodea AEEAP has initiated a public offer period for holders of its 2021 bond loan, which began yesterday and will conclude on June 4, as part of a bond exchange aimed at increasing the company's free float.
Bondholders of Air Baltic have reportedly hired lawyers as concerns over potential restructuring of the airline's finances continue to mount.
Bondholders have reached an agreement to implement a payment pause for emerging markets currently grappling with various crises, offering temporary relief.
Bondholders of Electronic Arts (EA) are resisting a debt buyback proposal, while S&P Global Ratings has expressed doubts about the company's credit ratings.