By Scott Murdoch and Anousha Sakoui SYDNEY/LONDON (Reuters) – A major group of Country Garden offshore bondholders has appointed PJT Partners as financial advisors to lead discussions with the troubled…
By Jorgelina do Rosario LONDON (Reuters) – Sri Lanka’s private creditors have sent a proposal on how to restructure $12 billion of overseas debt, including a new type of bond…
LONDON (Reuters) – Holders of defaulted debt issued by Venezuela and its state oil company said they made two filings in New York on Wednesday to validate an August agreement…
By Scott Murdoch and Clare Jim SYDNEY (Reuters) – China Evergrande Group’s offshore bondholder group said on Monday it was surprised by the property developer’s recent announcement that its offshore…
By Karin Strohecker and Jorgelina do Rosario LONDON (Reuters) – Talks between Sri Lanka and its international bondholders will seek common ground on how much of a hit should be…
By Xie Yu and Carolina Mandl HONG KONG/NEW YORK (Reuters) – Some holders of Country Garden offshore bonds are in talks with law firm Ashurst to form a group to…
By Marianna Parraga HOUSTON (Reuters) – Negotiators representing Venezuela have held settlement talks with bondholders and creditors owed billions of dollars from defaults and expropriation claims, the head of a…
By Rodrigo Campos, Jorgelina do Rosario and Ank Kuipers NEW YORK/LONDON/PARAMARIBO (Reuters) -Suriname reached an agreement in principle with its Eurobond creditor committee for the restructuring of its debt, the…
HONG KONG (Reuters) – China Evergrande Group’s onshore flagship unit Hengda Real Estate said the holders of an onshore bond worth 8.2 billion yuan ($1.19 billion) will hold a meeting…
By Chiara Elisei LONDON (Reuters) – Some holders of bonds issued by French food retailer Casino are working with financial adviser Perella Weinberg Partners to push for better terms should the…
By Jorgelina do Rosario and Rodrigo Campos WASHINGTON/NEW YORK (Reuters) – Zambia last week gave its bondholders a “concrete proposal” for the restructuring of some $3 billion in eurobonds, the…
(Reuters) – Canada’s banking regulator said on Monday that those who hold Additional Tier 1 (AT1) and Tier 2 debt will be entitled to a more favorable outcome if a…
By Christian Akorlie ACCRA (Reuters) – Substantive discussions with Ghana’s external bondholders are due to start in the next few weeks, the country’s Finance Minister Ken Ofori-Atta told parliament on…
By Rachel Savage and Marc Jones JOHANNESBURG/LONDON (Reuters) – Some of Ghana’s international creditors voiced dismay on Friday after 24 hours of conflicting signals from the country’s authorities left a…
MEXICO CITY (Reuters) – Troubled Mexican non-bank lender Credito Real is in talks with foreign bondholders, prompting creditors to delay their request for an involuntary U.S. bankruptcy hearing, according to…
(Reuters) – Luxembourg-based Canaima Fund Lux has launched an investment vehicle that aims to pool European holders of defaulted bonds issued by Venezuela and its state-owned oil firm Petroleos de…
JOHANNESBURG (Reuters) – Over 100 economists and development experts on Friday called for asset manager BlackRock and other holders of Zambian bonds to cancel some of that debt, saying continuing…
Daniel Small, a former portfolio manager for Platinum Partners L.P. (Platinum), was convicted today by a federal jury in Brooklyn on charges of securities fraud and securities fraud conspiracy for…
By Jorgelina do Rosario and Rodrigo Campos LONDON/NEW YORK – Holders of Russia’s external debt, which Washington says is already in default, face unusual circumstances: Moscow has the funds and…
By Jorgelina do Rosario and Karin Strohecker (Reuters) – Sri Lanka’s creditors face losing a third to half of their investment in the country’s dollar bonds, after the government announced…
HONG KONG – China Evergrande Group’s flagship unit Hengda Real Estate Group Co Ltd said it will meet onshore bondholders on Friday and Saturday to delay a coupon payment due…