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restructuring,

Two more Rite Aid stores to close in New Jersey amid company’s ongoing restructuring

May 24, 2025 by Phil Stilton
Two more rite aid stores to close in new jersey amid company’s ongoing restructuring - photo licensed by shore news network.

NEPTUNE, N.J. – Two additional Rite Aid locations in New Jersey are set to close as the national pharmacy chain continues shuttering underperforming stores as … Read more

Jackson School District considers redistricting, restructuring amid budget crisis

November 7, 2024 by Phil Stilton
Jackson school district considers redistricting, restructuring amid budget crisis - photo licensed by shore news network.

JACKSON, N.J. — Facing budget constraints, shifting enrollment numbers, and aging school infrastructure, the Jackson School District is considering a range of strategies to address … Read more

Brazil’s Gol says restructuring details undefined after report on potential bankruptcy

January 16, 2024 by Reuters
Brazil's gol says restructuring details undefined after report on potential bankruptcy - photo licensed by shore news network.

SAO PAULO (Reuters) – Brazilian airline Gol said on Tuesday it is discussing how to reach a “consensual” restructuring with financial stakeholders, following a media … Read more

Bitcoin miner Core Scientific gets court approval for restructuring

January 16, 2024January 16, 2024 by Reuters
Bitcoin miner core scientific gets court approval for restructuring - photo licensed by shore news network.

By Dietrich Knauth NEW YORK (Reuters) – A U.S. bankruptcy judge on Tuesday approved Core Scientific’s Chapter 11 restructuring, allowing the bitcoin mining company to … Read more

Country Garden appoints KPMG adviser for offshore debt restructuring

January 16, 2024 by Reuters
Country garden appoints kpmg adviser for offshore debt restructuring - photo licensed by shore news network.

(Reuters) – Beleaguered property developer Country Garden said on Tuesday it has appointed KPMG Advisory (China) Ltd as its principal financial adviser for its offshore … Read more

Etsy to cut 225 jobs as part of restructuring

December 13, 2023December 13, 2023 by Reuters
Etsy to cut 225 jobs as part of restructuring - photo licensed by shore news network.

(Reuters) – Etsy said on Wednesday it was planning to cut about 225 jobs, or 11% of its marketplace workforce, as part of a restructuring … Read more

Vans owner VF Corp lays off 500 employees in restructuring push

November 30, 2023November 30, 2023 by Reuters
Vans owner vf corp lays off 500 employees in restructuring push - photo licensed by shore news network.

(Reuters) – Vans owner VF Corp said on Thursday it has laid off about 500 employees as it aims to restructure its business and improve … Read more

Citi makes new appointments in Asia Pacific as part of restructuring

November 22, 2023November 22, 2023 by Reuters
Citi makes new appointments in asia pacific as part of restructuring - photo licensed by shore news network.

By Selena Li and Yantoultra Ngui HONG KONG/SINGAPORE (Reuters) – Citigroup has made new appointments in Asia Pacific following a sweeping global reorganization the U.S. … Read more

Zambia’s troubled debt restructuring efforts

November 21, 2023 by Reuters
Zambia's troubled debt restructuring efforts - photo licensed by shore news network.

LONDON (Reuters) – Zambia’s debt restructuring has been a complex, three-year process, which suffered a serious setback on Monday when bilateral creditors, including China, effectively … Read more

Boeing chief strategy officer to depart in 2024 as part of restructuring

November 16, 2023 by Reuters
Boeing chief strategy officer to depart in 2024 as part of restructuring - photo licensed by shore news network.

By Valerie Insinna WASHINGTON (Reuters) -Marc Allen will step down as Boeing’s chief strategy officer at the end of the year and leave the company … Read more

Exclusive-Country Garden aims to have offshore debt restructuring plan by year end, sources say

November 10, 2023 by Reuters
Exclusive-country garden aims to have offshore debt restructuring plan by year end, sources say - photo licensed by shore news network.

By Xie Yu HONG KONG (Reuters) – China’s embattled Country Garden is aiming to pull together a tentative plan to restructure its offshore debt by … Read more

Evergrande will struggle to revive its debt restructuring plan

October 31, 2023 by Reuters
Evergrande will struggle to revive its debt restructuring plan - photo licensed by shore news network.

By Clare Jim, Xie Yu and Scott Murdoch HONG KONG (Reuters) -China Evergrande is trying to stave off liquidation by revising its debt restructuring plan, … Read more

Factbox-Sri Lanka still in debt restructuring talks with creditors

October 11, 2023 by Reuters
Factbox-sri lanka still in debt restructuring talks with creditors - photo licensed by shore news network.

(Reuters) – Sri Lanka, mired in its worst economic crisis in decades, is in debt restructuring talks with a range of bilateral creditors, including China, … Read more

Evergrande offshore bondholders surprised by debt restructuring regulatory hurdles

October 9, 2023October 9, 2023 by Reuters
Evergrande offshore bondholders surprised by debt restructuring regulatory hurdles - photo licensed by shore news network.

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 … Read more

Germany welcomes China’s support for G20 debt restructuring framework

October 1, 2023October 1, 2023 by Reuters
Germany welcomes china's support for g20 debt restructuring framework - photo licensed by shore news network.

BERLIN (Reuters) -Germany has welcomed a show of support from China for the G20 debt restructuring framework for poorer countries in a joint statement after … Read more

Some Sri Lanka creditors seeking debt restructuring deal without China – Bloomberg News citing sources

September 27, 2023 by Reuters

(Reuters) – Some members on the committee of Sri Lanka’s official creditors are pushing to reach a deal to restructure the nation’s debt without the … Read more

China Evergrande defers scheme meeting to reassess terms of proposed restructuring

September 22, 2023September 22, 2023 by Reuters
China evergrande defers scheme meeting to reassess terms of proposed restructuring - photo licensed by shore news network.

(Reuters) – China Evergrande said on Friday it would not be conducting the scheme meeting scheduled on Sept. 25 and Sept. 26 as the embattled … Read more

Goodyear Tire to cut around 1,200 jobs in restructuring drive

September 8, 2023September 8, 2023 by Reuters
Goodyear tire to cut around 1,200 jobs in restructuring drive - photo licensed by shore news network.

(Reuters) – Goodyear Tire & Rubber has approved a rationalization and workforce reorganization plan in Europe, the Middle East and Africa that would lead to … Read more

Global sovereign debt roundtable to meet on local debt restructuring -sources

September 8, 2023 by Reuters

(Refile for grammar fix in first paragraph) By Jorgelina do Rosario LONDON (Reuters) -Global creditors will discuss the inclusion of domestic debt in restructuring plans … Read more

China Evergrande delays decision on offshore debt restructuring to October

September 8, 2023 by Reuters
China evergrande delays decision on offshore debt restructuring to october - photo licensed by shore news network.

(Reuters) -Embattled property developer China Evergrande Group said on Friday it has delayed making a decision on offshore debt restructuring from September to next month. … Read more

S&P Global downgrades Rite Aid on restructuring risk

August 29, 2023August 29, 2023 by Reuters
S&p global downgrades rite aid on restructuring risk - photo licensed by shore news network.

(Reuters) – S&P Global Ratings on Tuesday downgraded Rite Aid Corp to “CCC-minus” from “CCC-plus” on increased risk from restructuring. The downgrade is based on … Read more

Malawi ‘on course’ to restructuring $1.2 billion debt

August 27, 2023 by Reuters

BLANTYRE (Reuters) – Malawi is on course to getting its $1.2 billion external debt with different lenders restructured to “sustainable levels”, its central bank said … Read more

Food delivery startup Getir to cut 11% of workers in global restructuring

August 22, 2023 by Reuters
Food delivery startup getir to cut 11% of workers in global restructuring - photo licensed by shore news network.

LONDON (Reuters) – Turkish grocery delivery firm Getir announced a global restructuring on Tuesday, saying it plans to cut 2,500 jobs across five countries, or … Read more

China Evergrande to delay creditors’ meetings amid fresh restructuring plan

August 16, 2023August 16, 2023 by Reuters
China evergrande to delay creditors' meetings amid fresh restructuring plan - photo licensed by shore news network.

(Reuters) – Embattled property developer China Evergrande Group on Wednesday resolved to delay its meetings for the Hong Kong CEG class A and class C … Read more

China Evergrande EV unit to issue fresh shares in restructuring plan

August 14, 2023August 14, 2023 by Reuters
China evergrande ev unit to issue fresh shares in restructuring plan - photo licensed by shore news network.

(Reuters) -Embattled property developer China Evergrande Group said on Monday its listed electric-vehicle arm has agreed to issue new shares to certain subscribers to ease … Read more

Top Lazard restructuring banker Kurtz departs for Hilco

August 8, 2023 by Reuters
Top lazard restructuring banker kurtz departs for hilco - photo licensed by shore news network.

By Mike Spector NEW YORK (Reuters) – David Kurtz, Lazard Ltd’s global head of restructuring, has agreed to join Hilco Global, the financial advisory firm … Read more

China developer Yuzhou offers debt restructuring plan

August 7, 2023 by Reuters

HONG KONG (Reuters) – Chinese property developer Yuzhou Group rolled out a plan to restructure its debt after defaulting on dollar bond payments last year, … Read more

Venezuela Supreme Court orders restructuring of country’s Red Cross

August 4, 2023August 4, 2023 by Reuters
Venezuela supreme court orders restructuring of country's red cross - photo licensed by shore news network.

CARACAS (Reuters) – Venezuela’s Supreme Court on Friday ordered a “broad and diverse restructuring” of the Venezuelan Red Cross and the dismissal of the president … Read more

CVS Health cuts 5,000 jobs as part of restructuring plan

August 2, 2023 by Reuters
Cvs health cuts 5,000 jobs as part of restructuring plan - photo licensed by shore news network.

(Reuters) – CVS Health said on Wednesday it has eliminated about 5,000 non customer-facing roles as it seeks to rein in costs after a recent … Read more

Ant Group plans restructuring, paving way for Hong Kong IPO – Bloomberg News

July 25, 2023 by Reuters
Ant group plans restructuring, paving way for hong kong ipo - bloomberg news - photo licensed by shore news network.

(Reuters) -Jack Ma-backed Ant Group is planning a restructuring that will break off some non-core operations of its China financial-related business, Bloomberg News reported on … Read more

Debt restructuring talks at G20 meet hurt by differences, low attendance

July 17, 2023July 17, 2023 by Reuters
Debt restructuring talks at g20 meet hurt by differences, low attendance - photo licensed by shore news network.

By Sarita Chaganti Singh and Shivangi Acharya GANDHINAGAR, India (Reuters) – Debt restructuring talks made little progress during the third finance meeting of the G20 … Read more

Brazil’s Azul launches notes offering as part of broad restructuring plan

July 12, 2023 by Reuters
Brazil's azul launches notes offering as part of broad restructuring plan - photo licensed by shore news network.

SAO PAULO (Reuters) – Brazilian airline Azul announced on Wednesday it is launching a public offering of senior secured notes due 2028, fulfilling its pledge … Read more

Zambia confirms it has agreed debt restructuring with official creditors

June 22, 2023 by Reuters
Zambia confirms it has agreed debt restructuring with official creditors - photo licensed by shore news network.

LONDON (Reuters) -Zambia on Thursday confirmed it had agreed a debt restructuring deal with its official creditors, adding it would now seek a quick agreement … Read more

Explainer-What is China’s position on restructuring debt owed by poor nations?

June 22, 2023 by Reuters
Explainer-what is china's position on restructuring debt owed by poor nations? - photo licensed by shore news network.

By Joe Cash (Reuters) – China’s Premier Li Qiang and dozens of world leaders will meet in Paris on Thursday and Friday to discuss ways … Read more

Cineworld to file for administration as part of restructuring plan – Sky News

June 13, 2023 by Reuters
Cineworld to file for administration as part of restructuring plan - sky news - photo licensed by shore news network.

(Reuters) -British cinema chain operator Cineworld is preparing to file for administration as a part of a financial restructuring plan, Sky News reported on Tuesday. … Read more

Brazil’s Azul launches exchange offer as part of restructuring plan

June 13, 2023 by Reuters
Brazil's azul launches exchange offer as part of restructuring plan - photo licensed by shore news network.

By Gabriel Araujo SAO PAULO (Reuters) – Brazilian airline Azul on Tuesday launched exchange offers aimed at pushing forward bonds originally set to mature in … Read more

Orpea draws first 200 million euros from new financing as restructuring plan continues

June 2, 2023 by Reuters
Orpea draws first 200 million euros from new financing as restructuring plan continues - photo licensed by shore news network.

(Reuters) – French company Orpea, hit by allegations of malpractice at its care homes and a sharp drop in valuation, said on Friday it made … Read more

Suriname clears way for debt restructuring with IMF staff deal

May 18, 2023 by Reuters
Suriname clears way for debt restructuring with imf staff deal - photo licensed by shore news network.

By David Lawder and Rodrigo Campos WASHINGTON (Reuters) – Suriname on Thursday cleared a hurdle on its way to restructure more than $600 million debt … Read more

Debt restructuring no panacea for Chinese developers as challenges loom

May 18, 2023 by Reuters
Debt restructuring no panacea for chinese developers as challenges loom - photo licensed by shore news network.

By Clare Jim and Xie Yu HONG KONG (Reuters) – A shrinking land bank and sluggish property demand are likely to hamper the plans of … Read more

Shareholders of Evergrande’s EV unit agree on restructuring deal

May 13, 2023 by Reuters
Shareholders of evergrande's ev unit agree on restructuring deal - photo licensed by shore news network.

By Xie Yu HONG KONG (Reuters) – Shareholders of China Evergrande New Energy Vehicle Group accepted a proposal to dispose of two subsidiaries in a … Read more

Suriname reaches debt restructuring deal with bondholders

May 4, 2023 by Reuters

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 … Read more

Ford sees $1.5 billion to $2 billion restructuring charges in 2023

May 3, 2023 by Reuters
Ford sees $1. 5 billion to $2 billion restructuring charges in 2023 - photo licensed by shore news network.

(Reuters) – Ford Motor Co expects to take up restructuring charges between $1.5 billion and $2 billion in 2023, it said in a regulatory filing on Wednesday, … Read more

Zambia has sent debt restructuring proposal to official creditors

April 24, 2023 by Reuters
Zambia has sent debt restructuring proposal to official creditors - photo licensed by shore news network.

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, … Read more

Evergrande’s $1.2 billion onshore bondholders to vote on offshore restructuring plan on Wed

April 24, 2023 by Reuters
Evergrande's $1. 2 billion onshore bondholders to vote on offshore restructuring plan on wed - photo licensed by shore news network.

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 … Read more

Yellen raps China for serving as ‘roadblock’ in debt restructuring process

April 20, 2023 by Reuters
Yellen raps china for serving as 'roadblock' in debt restructuring process - photo licensed by shore news network.

By Andrea Shalal WASHINGTON (Reuters) – As the world’s largest official bilateral creditor, China should participate in meaningful debt relief for countries facing problems, but … Read more

Zambia sent bondholders debt restructuring proposal, finance ministry says

April 15, 2023 by Reuters
Zambia sent bondholders debt restructuring proposal, finance ministry says - photo licensed by shore news network.

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 … Read more

Zambia reforms could go to waste if restructuring delayed further -Treasury Secretary

April 12, 2023 by Reuters
Zambia reforms could go to waste if restructuring delayed further -treasury secretary - photo licensed by shore news network.

By Jorgelina do Rosario and Andrea Shalal WASHINGTON (Reuters) -Zambia could lose gains achieved so far from macroeconomic reforms if its ongoing debt restructuring is … Read more

South Korea to set up $759 million corporate restructuring fund

April 11, 2023 by Reuters

SEOUL (Reuters) – South Korea’s financial regulator said on Tuesday the government would set up a 1 trillion won ($758.97 million) public fund to support … Read more

IMF’s Georgieva says she told China to ‘speed up’ work on debt restructuring

April 6, 2023 by Reuters
Imf's georgieva says she told china to 'speed up' work on debt restructuring - photo licensed by shore news network.

By Andrea Shalal WASHINGTON (Reuters) – International Monetary Fund chief Kristalina Georgieva said she told China’s new top economic official, Li Qiang, that China must … Read more

Factbox-What is China’s new government restructuring plan?

March 8, 2023 by Reuters
Factbox-what is china's new government restructuring plan? - photo licensed by shore news network.

By Laurie Chen BEIJING (Reuters) – China has unveiled plans for a sweeping central government reorganisation at its annual parliament session, including the formation of … Read more

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