The Shaler Area School District’s plan to restructure its debt and borrow new money to pay for building projects would balance its 2026-27 budget, erasing a $3.7 million deficit and leaving it with an ...

The LYCRA Company, LLC ("LYCRA" or "the Company"), a global leader in developing fiber and technology solutions for the apparel and personal care industries, announced today that it has entered into a ...

(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 ...

EchoStar entered into an agreement with a group of Dish noteholders in a move which could lay the groundwork for a fresh deal ...

Sustainable fibre maker The Lycra Company has reached a restructuring support agreement (RSA) with the vast majority of its creditors, to reduce approximately $1.2bn in long-term debt.

Wolfspeed, Inc. and Wolfspeed Texas LLC filed for bankruptcy in the Texas Southern District Bankruptcy Court on June 30 and was approved on Sept. 8. According to a statement from Wolfspeed, Inc.

John Risley’s CFFI Ventures Inc. is moving through a court-supervised restructuring that could transfer control of its assets ...

Senegal is facing a serious debt crisis. The IMF estimated the country’s debt at 132% of GDP at the end of 2024. Debt servicing costs are projected at 5.5 trillion CFA francs (about $9.1 billion) this ...

NAIROBI (Reuters) -Ethiopia said on Tuesday that debt restructuring negotiations with its bondholders had failed for the time being due to differences over the key terms that have kept the country in ...

Danantara targets mid-2026 to restructure debt tied to the Whoosh rail project, aiming to protect the finances of state railway KAI.