Alexandra Twin has 15+ years of experience as an editor and writer, covering financial news for public and private companies. Somer G. Anderson is CPA, doctor of accounting, and an accounting and ...

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 will be among the largest in history. In nominal terms the combined debts of the government and PDVSA, the state oil firm, are comparable to those of Greece, which defaulted on ...

MOSCOW, Dec 26 (Reuters) - Russia's second largest bank ‌VTB maintained its net profit target ‌of 500 billion roubles ($6.4 billion) for 2025 after reporting results for January-November on Friday and ...

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 ...

Hedge funds with a stake in Brightline’s $1.1 billion of corporate debt are crafting a plan to elevate their claims over other similar creditors by offering new financing and concessions to the ...

By Victoria Pacheco and Luciana Magalhaes SAO PAULO, July 6 (Reuters) - Markets were rattled earlier this year when sugar and ...

・Beyond Meat's shares plunged nearly 68% last week. ・The company is swapping its 2027 debt for $202.5 million debt maturing in 2030, and issuing new shares to bondholders. ・BYND drew incredible retail ...

West Marine Inc. is huddling with a cadre of advisers as the boating retailer explores a debt restructuring amid burdensome leases and industry pressures, according to people familiar with the ...

LONDON, June 24 (Reuters) - Reforms are needed to a core sovereign debt restructuring initiative for low-income ‌countries known as the Common Framework to make it faster and more efficient, the Paris ...