(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 ...

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

International Monetary Fund (IMF) Deputy Director for African Department Catherine Pattillo, spoke to The EastAfrican about the launch of the guide, targeting country authorities. On the sidelines of ...

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 ...

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 ...

World Bank President Ajay Banga speaks during the IMF/World Bank annual meetings in Washington, D.C., U.S., October 17, 2025. REUTERS/Ken Cedeno WASHINGTON (Reuters) -World Bank President Ajay Banga ...

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 ...

As pressure mounts on Senegal’s public finances, the prospect of debt restructuring has moved to the centre of the national debate. Will public debt have to go through this heavy, complex process to ...

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