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17 stories
🇫🇮 Ilta-Sanomat
National & Local

Restructuring papers made public: This is how indebted Järvisydän is

The Finnish company Järvisydän is undergoing a corporate restructuring process due to significant debts amounting to 15.6 million euros, primarily caused by excessive investments in related companies.

Feb 23 • 15:11 UTC
🇬🇷 To Vima
National & Local

Loans in Swiss Franc: Twenty answers for the regulation – What to watch out for

The Greek government has launched an online platform to help borrowers with loans in Swiss Francs restructure their debts, offering significant debt reductions and fixed interest rates.

Feb 21 • 17:22 UTC
🇫🇮 Yle Uutiset
National & Local

Luxury resort Järvisydän conceals its intentions – indebted company 32 million in the red

The future of the spa hotel Järvisydän is uncertain as it seeks to restructure its finances while currently facing insolvency.

Feb 21 • 07:54 UTC
🇫🇮 Yle Uutiset
National & Local

Paltamo intends to grant a loan of 100,000 euros to a golf course whose entrepreneur has just lost a dispute over unpaid debt

The Paltamo municipal council is set to decide on a proposed 100,000 euro loan to Paltamo Golf for financial restructuring amidst the owner's recent economic challenges.

Feb 19 • 10:36 UTC
🇬🇷 Naftemporiki
National & Local

Loans in Swiss Francs: Application Submission Begins with 'Haircut' on Debt - Criteria and What You Gain

Greek citizens with loans in Swiss francs can apply for debt restructuring to reduce their obligations starting today until August 19.

Feb 19 • 04:37 UTC
🇪🇸 El País
National & Local

Meliá and Minor Clear the Debt Path to Follow the Investment Path of Barceló, Riu, or Iberostar

Meliá and Minor are restructuring their finances to compete with other leading hotel chains in investment.

Feb 19 • 04:15 UTC
🇦🇷 La Nacion (ES)
National & Local

Negotiation: Rizobacter seeks to restructure debt after missing a payment and suffering a downgrade

Rizobacter Argentina has initiated a debt restructuring process after failing to meet the payment deadline for a bond obligation.

Feb 17 • 09:00 UTC
🇧🇷 Folha (PT)
National & Local

Raízen’s debt securities fall with rumors of restructuring and credit downgrade

Raízen, a joint venture between Cosan and Shell, is facing a decline in its debt securities amidst speculation of a debt renegotiation plan and a potential credit rating downgrade.

Feb 12 • 22:12 UTC
🌍 AllAfrica
National & Local

East Africa: Ethiopia, France Deepen Strategic Partnership With Landmark Debt Restructuring

Ethiopia and France have fortified their strategic partnership by signing key agreements aimed at advancing Ethiopia's economic reforms and debt restructuring.

Feb 12 • 17:41 UTC
🇧🇷 Folha (PT)
National & Local

Analysts Await Restructuring of Raízen's Debt

Analysts anticipate an announcement regarding the restructuring of Raízen's debt, a major player in the energy and fuels sector in Brazil.

Feb 12 • 02:00 UTC
🇦🇷 La Nacion (ES)
National & Local

Bodegas Bianchi begins a debt restructuring process amid the wine crisis

Bodegas Bianchi has initiated a debt restructuring plan to secure its operational continuity during a severe crisis in the wine industry, hiring financial and legal advisors in the process.

Feb 5 • 15:30 UTC
🇬🇷 Naftemporiki
National & Local

The time for a complete return for the... outcast of the Athens Stock Exchange

The Bitros family is set for a comeback in the Athens Stock Exchange with significant moves made for returning their stock to active trade following last year's debt restructuring agreements.

Feb 4 • 19:21 UTC
🇱🇹 Lrytas
Crime & Justice

The end of a long-standing company: 1.5 million debt, layoffs

A Klaipėda court has confirmed the liquidation of the company Kvėdarsta due to a 1.5 million debt and the absence of restructuring proposals or agreements with creditors.

Feb 3 • 08:10 UTC
🇪🇸 El País
National & Local

Bankruptcy of luxury department store chain Saks Global, which sells brands like Chanel and Burberry

Saks Global, the luxury department store chain, has declared bankruptcy but will keep its stores open after securing a $1.75 billion financing package for debt restructuring.

Jan 14 • 14:47 UTC
🇬🇷 Proto Thema
National & Local

Saks Global: From luxury to bankruptcy – The collapse after the acquisition of Neiman Marcus

Saks Global Enterprises has filed for bankruptcy protection while securing $1.75 billion in financing, changing its CEO, and attempting a restructuring amid falling sales and increasing debt.

Jan 14 • 07:58 UTC
🌍 Africanews
National & Local

Senegal prime minister says country will not seek debt restructuring

Senegal's Prime Minister Ousmane Sonko announced that the government will not pursue debt restructuring despite significant repayment challenges.

Jan 9 • 14:47 UTC
🇶🇦 Al Jazeera
World

Record Rise in Venezuelan Bonds After Maduro's Arrest

Venezuelan government bonds and those of state oil company PDVSA saw a sharp increase following the arrest of President Nicolas Maduro by U.S. forces in Caracas, sparking expectations of a potential political shift and a complex sovereign debt restructuring.

Jan 5 • 12:25 UTC

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