Exclusive: Evergrande proposes offshore creditors get 30% equity stake in subsidiaries -sources
By Xie Yu and Julie Zhu HONG KONG (Reuters) – China Evergrande has proposed a new debt restructuring plan for offshore bondholders, offering to swap their debts into about a 30% equity…
Department of Justice Files Nationwide Lawsuit Against AmerisourceBergen Corp. and Subsidiaries for Controlled Substances Act Violations
PHILADELPHIA – U.S. Attorney Jacqueline C. Romero, together with Associate Attorney General for the Department of Justice Vanita Gupta, U.S. Attorneys for the Districts of New Jersey, Colorado and Eastern New York,…
Russia to block sale of foreign banks’ Russian subsidiaries -Ifax cites finance ministry
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine.) MOSCOW – Russia will block the sale of foreign banks’ Russian subsidiaries while Russian banks…
Fitch withdraws ratings on debt-laden China Evergrande, subsidiaries
HONG KONG – Fitch Ratings said on Thursday it has decided to withdraw its rating on embattled property developer China Evergrande Group and two of its subsidiaries as the firms have stopped…
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