China Vanke Co. is preparing a debt restructuring plan at the request of authorities, people familiar with the matter said, ...
HONG KONG | SHANGHAI: State-backed China Vanke will likely mirror the strategies of some other cash-strapped Chinese developers and seek multiple ⁠short-term extensions for its bond repayments before ...
Sunac China has successfully garnered approval from most creditors for its offshore debt restructuring strategy, a vital move designed to shore up its financial stability during the ongoing slump in ...
Tsinghua Unigroup has submitted a draft debt restructuring plan to a court for approval after reportedly securing a 60 billion yuan ($9.42 billion) cash injection from strategic investors to help pay ...
The prime minister highlighted the importance of utilizing the experience of major multinational firms in restructuring ...
Ethiopia agreed in principle with investors holding over 45% of its $1 billion eurobond due 2024. The deal aligns with IMF-backed reform targets and the G20 Common Framework. Multilateral lenders hold ...
BANGKOK -- Nonperforming loans held by Thai banks fell for a third consecutive quarter as banks continued debt restructuring measures amid a tentative economic recovery, the central bank announced on ...
Financial analyst Sylvester Malumba has warned that any move by Malawi Government to restructure its growing domestic debt must be handled with extreme caution, cautioning that missteps could ...
Senegalese Prime Minister Ousmane Sonko said on Thursday the debt-ridden country would not need to implement a restructuring ...
Senegal's prime minister insisted on Thursday that his country's substantial debt was "sustainable", in a press conference ...