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debt restructuring News
Reliance Communications shares jump after new debt repayment plan
Tue, Oct 31, 2017
The company, with $6.8 billion of net debt as of last March, said it will look to repay 170 billion rupees ($2.62 billion) of loans by selling assets such as mobile towers.
Jaiprakash Associates completes sale of cement unit to Ultratech; shares up 14%
Thu, Jun 29, 2017
Jaiprakash Associates has completed the sale of part of its cement business to Ultratech Cement at an enterprise value of Rs 16,189 crore.
China launches $52.5 billion restructuring fund in push for supply-side reforms
Mon, Sep 26, 2016
The China State-owned Enterprises Restructuring Fund will be managed by the State-owned Assets Supervision and Administration Commission (SASAC).
Central Bank of Greece calls for debt relief in the wake of stringent austerity measures
Thu, Jun 16, 2016
The central banker urged for a debt restructuring "that will not impose losses on the creditors, but will be a situation where both Greece and its lenders stand to gain"