The plan would give debtholders full ownership of the reorganized company and provide $50 million in new convertible notes.— This story first appears at TheDesk.net, a premium source for original news ...

After a debt restructuring last year, Scranton’s downtown parking system brought in more revenue, according to a recent report from the outside operators of the system.

Many highly indebted advanced economies face a grim fiscal outlook. Under current policies, the public debt ratios of ...

Hugues Meyrath, President, CEO & Director, highlighted that "revenue at the high end of our guidance range. Non-GAAP operating expenses, $5 million lower from the prior quarter and positive adjusted ...

NEW YORK/SAO PAULO, Dec ‌12 (Reuters) - A U.S. bankruptcy judge on Friday ‌approved Azul's debt restructuring, allowing the Brazilian airline to slash more than $2 billion in debt and raise capital ...

By Luciana Magalhaes, Oliver Griffin and Stephanie Kelly SAO PAULO/LONDON, March 4 (Reuters) - Brazilian sugar and ethanol producer Raizen said on Wednesday it is analysing a proposal for a Shell-led ...

LONDON (Reuters) -Gabon is not considering a debt restructuring or reprofiling, and is in the process of rebasing its calculations of GDP, which will make its debt-to-GDP ratio more favourable, the ...

Troubled Brazilian sugar and ethanol producer Raizen SA says it could go into an out-of-court restructuring process as it ...

Greece’s new prime minister is seeking crucial parliamentary support for an EU bailout package that will require restructuring its sovereign debt. Economist William Cline says Uruguay’s 2003 default ...

Ghana has signed a bilateral debt restructuring agreement with Belgium as the West African country continues efforts to ...

Ghana has signed a bilateral debt restructuring agreement with Belgium as the government moves closer to completing negotiations with its external creditors following the economic crisis that pushed ...

A major transformation is underway in sub-Saharan Africa: Governments are increasingly shifting borrowing away from external debt and toward domestic debt. This trend brings fresh opportunities to ...