JoongAng Ilbo applied for a workout, a corporate restructuring process, with its main creditor bank, Hana Bank, on June 19. A ...

Refinancing and restructuring often invoke the same image of a desperate company on the verge of bankruptcy making a last-ditch effort to keep the business afloat. However, this is not always the case ...

(Reuters) -The legal framework surrounding private-sector-owned sovereign debt has proven largely effective, especially for bonded debt, but gaps remain for loans and collateralized debt and ...

ADDIS ABABA (Reuters) - Ethiopia is in the "final stages" of negotiations with its creditors in an ongoing plan to restructure its debt, its finance minister, Ahmed Shide, said on Sunday. The Horn of ...

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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 ...

Over the past decade, Venezuela's economy has been severely impacted by external shocks – from the end of the commodity super-cycle to foreign sanctions and COVID-19 – resulting in a sharp economic ...

The restructuring of Altice’s €24.1bn debt pile is set to provide the latest test for the US$9trn credit default swap market following months of wrangling over how to ensure a fair payout for ...

LONDON/WASHINGTON, Jan 23 (Reuters) - U.S. control of Venezuela's oil exports has ensnared barrels that had been servicing debt to China, lining up another potential showdown between the two ...

Running a business involves taking risks in order to continue to scale new grounds. Sometimes, these risks may not be successful, leading to debts. Even without risks, debts may be incurred as a ...

Understand nonperforming assets and their effects on finances, and learn recovery strategies to navigate financial challenges ...