bondholders
Coverage of bondholders in the Nexus archive.
- UK Carpet Maker Victoria Signs Deal With Left-Behind Bondholders
UK carpet maker Victoria Plc and a group of bondholders left behind in an earlier debt deal have agreed to a balance sheet restructuring. The deal addresses financial obligations to bondholders excluded from a prior arrangement.
- Suriname Bet Its Bondholders on Oil It Has Not Pumped Yet
Suriname resolved a debt crisis through a first-of-its-kind bond linked to oil reserves it plans to pump by 2028. The innovative financial arrangement is being adopted as a model by other low-income countries.
- Board offers $3B settlement to restructure Puerto Rico power company debt
A federal control board overseeing Puerto Rico’s finances has proposed a $3 billion settlement to bondholders to restructure over $10 billion in debt held by the territory’s power company.
- Board offers $3B settlement to restructure Puerto Rico power company debt
A federal control board overseeing Puerto Rico’s finances proposed a $3 billion settlement to restructure the U.S. territory’s power company debt, offering cash and new bonds to bondholders seeking $8.5 billion in claims. The settlement, $1.4 billion more than previously offered, aims to resolve a decade-long debt crisis, though concerns remain about potential funding through higher power bills.
- Ethiopia Bondholders Criticise IMF for ‘Poorly’ Handled Debt Rework
Ethiopia's bondholders have criticized the International Monetary Fund (IMF) for poorly managing the country's debt restructuring efforts. The critique highlights concerns over the handling of Ethiopia's financial obligations.
- Ethiopia agrees $1B bond restructuring deal
Ethiopia agreed to restructure its $1 billion international bond with key lenders, moving closer to resolving its debt crisis after a previous failed deal. The agreement marks a breakthrough in a lengthy process and aims to support Prime Minister Abiy Ahmed's economic liberalization efforts.
- How quickly should a battered Venezuela restructure its debt?
Venezuela is attempting to quickly restructure its debt following two devastating earthquakes, but some bondholders have expressed concerns about the process.
- Bondholders Forced to Reckon With $4 Billion Tax Threat in Bitter Credit Feud
Bondholders are dealing with a $4 billion tax threat stemming from a bitter credit feud. An Optimum Communications store in Brooklyn is mentioned in the context of the dispute.
- Apollo Set to Hand Over Control of Reno de Medici to Bondholders
Apollo is set to transfer control of Reno de Medici to its bondholders. The move indicates a shift in ownership or management of the entity.
- Zambia Set for Talks With Bondholders Blocking Its Debt Buyback
Zambia is preparing for discussions with bondholders who are blocking the country's debt buyback efforts. The negotiations aim to resolve the standoff over the proposed debt restructuring.
- Spirit Airlines could shut down as soon as Saturday
Spirit Airlines faces potential shutdown by Saturday as negotiations for a $500 million government aid package stall due to bondholders rejecting the proposed terms.
- China’s Shenzhen Relaxes Home Buying Rules to Boost Demand
Shenzhen, China, has relaxed home buying rules to stimulate demand in the real estate market. Meanwhile, China Vanke Co. is negotiating with bondholders to avoid a potential default.
- CVC’s Maticmind Tries to Calm Bondholders as Founder Probed
CVC Capital Partners' Maticmind is attempting to reassure bondholders amid an investigation into its founder. The situation has raised concerns about the company's stability and leadership.
- Ethiopia Bondholders Start Process to Sue Government Over Defaulted Debt
Ethiopia's bondholders have initiated legal proceedings against the government over defaulted debt obligations. The lawsuit follows the country's failure to meet financial commitments, prompting creditors to seek legal recourse.
- Bondholders Agree Payment Pause for Crisis Hit Emerging Markets
Bondholders have agreed to a payment pause for emerging markets facing crises, as exemplified by the impact of Hurricane Beryl on Barbados in 2024. The decision aims to provide financial relief to nations struggling with economic challenges.
- Bondholders Seek Sweeteners as Shapoorji Unit Pushes Extension
Bondholders are demanding incentives as a unit of Shapoorji Pallonji Group seeks to extend a construction project in Mumbai. The development is under construction but faces financial pressure requiring additional compensation.