JOHANNESBURG (Reuters) – Ghanaian authorities aim to agree a memorandum of understanding with official creditors before the first IMF programme review, which they expect to bring to the Fund’s board …
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By Christian Akorlie, Jorgelina do Rosario and Rachel Savage ACCRA (Reuters) -Ghana’s official sector creditors have formed a committee co-chaired by China and France for debt restructurings talks, the Paris …
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LONDON (Reuters) – Zambia has sent a debt restructuring proposal to its official creditors, a spokesperson for the government’s advisors said on Monday. The country, which was the major sovereign …
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WASHINGTON (Reuters) – The U.S. on Wednesday extended for three months a license that protects Venezuela-owned oil refiner Citgo Petroleum from creditors trying to seize its assets to recoup pending …
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BRUSSELS (Reuters) – The Group of Creditors of Ukraine (GCU) body said on Friday that it had provided financing assurances to support the International Monetary Fund’s (IMF) approval for an …
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SAO PAULO (Reuters) – Bankrupt Brazilian retailer Americanas SA said on Tuesday it has offered a capital injection to its creditors of 10 billion reais ($1.93 billion) which would come …
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SAO PAULO (Reuters) – Brazilian bank BTG Pactual obtained a court decision on Wednesday overturning part of Americanas SA’s protection from creditors, according to court documents seen by Reuters, in …
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LONDON (Reuters) – The International Monetary Fund has urged default-stricken Zambia to strike a debt restructuring deal with its international creditors as soon as possible and will make a formal …
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Venezuela opposition seeks to protect billions in humanitarian funds from creditors -sources
by ReutersBy Vivian Sequera and Mayela Armas CARACAS (Reuters) – Venezuelan opposition parties are seeking to protect billions of dollars in UN administered humanitarian funds from foreign creditors by keeping the …
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(Reuters) – Debt-laden developer China Evergrande Group has told offshore creditors that it plans to present a restructuring proposal as soon as the first week of December, Bloomberg News reported …
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JOHANNESBURG (Reuters) -Malawian authorities have started debt restructuring negotiations with commercial creditors and a ‘credible process’ is underway, the International Monetary Fund said on Tuesday. Malawi’s move to an upper …
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By Mahamat Ramadane N’DJAMENA (Reuters) -Chad has reached an agreement with its creditors, including Swiss commodities trader Glencore, paving the way for more funding from the International Monetary Fund, but …
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By Jorgelina do Rosario and Karin Strohecker LONDON (Reuters) – Some holders of Ghana’s international bonds are close to formalizing a creditor group, two sources with direct knowledge of the …
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Exclusive-Glencore, Chad creditors agree in principle on terms of debt treatment – source
by ReutersBy Andrea Shalal WASHINGTON (Reuters) -Switzerland-based Glencore, China and Chad’s other creditors have reached an agreement in principle on restructuring the African country’s nearly $3 billion in external debt, a …
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By Dietrich Knauth (Reuters) – Some of Revlon’s creditors have asked a U.S. bankruptcy judge in Manhattan to unwind the bankrupt cosmetic giant’s 2020 loan restructuring, saying that a group …
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JOHANNESBURG (Reuters) – Zambia remains in touch with China and all its other creditors as it continues to negotiate a debt restructuring, finance minister Situmbeko Musokotwane said at an International …
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By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lankan authorities will formally hold talks with international creditors on Friday to start the process of restructuring billions of dollars of its debt …
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WASHINGTON (Reuters) – China and other big creditors have a responsibility to prevent the debt problems facing emerging market and low-income countries from exploding, International Monetary Fund Managing Director Kristalina …
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PARIS (Reuters) -A group of creditor nations on Wednesday recommitted to granting cash-strapped Ethiopia debt relief in the face of glacial progress. Ethiopia requested debt relief from its creditor governments …
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WASHINGTON – U.S. Treasury Secretary Janet Yellen on Wednesday said she welcomed a decision to suspend Ukraine’s debt service obligations by a group of six creditor countries, including the United …
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By Andrea Shalal TOKYO – Chad’s official creditors are expected to agree on Wednesday a debt restructuring strategy that includes contingencies based on oil prices and participation of private creditor …
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By Andrea Shalal WASHINGTON – Zambia’s official creditors are expected to offer it financial assurances by the end of July, paving the way for the first debt restructuring under a …
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(Reuters) – U.S. fiber maker Lycra has gained new ownership, with creditors of its former parent company Shandong Ruyi Technology Group (Ruyi) taking full equity control after the Chinese fashion …
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SANTIAGO – LATAM Airlines Group SA, the largest air transport group in Latin America, said on Wednesday that it garnered support from almost all of its creditors for a reorganization …
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MEXICO CITY – Chile’s LATAM Airlines received backing by a majority of its unsecured creditors in its Chapter 11 bankruptcy exit plan, the airline said Friday. LATAM, which filed for …