Goldman Sachs dealmakers see M&A recovery in second half of 2023
Goldman Sachs Group Inc’s top dealmakers are bullish on a recovery in global mergers & acquisitions (M&A) in the second half of 2023 despite a slowdown in economic growth and a weak credit market.
FTX says Bahamas regulators hold $296 million, not $3.5 billion of company’s assets
FTX on Friday disputed claims by the Securities Commission of the Bahamas (SCB) that the regulator was holding $3.5 billion of the bankrupt cryptocurrency exchange’s assets.
Two investors opposed to debt plan call for Orpea shareholder meeting
Two shareholders that together own more than 5% of France’s Orpea (ORP.PA) have called for a shareholder meeting at the beleaguered care homes group as they try to rally opposition to its planned debt restructuring plan.
Ukraine economy could grow by 15.5% in 2023 after deep fall – minister
Ukraine’s economy should stabilise over the coming year and expand by as much as 15.5% in 2023, depending on military developments in the war against Russia that began on Feb. 24, the country’s economy minister told Reuters in an interview.
Evergrande canvassing creditors’ support against winding-up petition -source
China Evergrande Group (3333.HK) is reaching out to its offshore creditors for their support to fight a lawsuit in a Hong Kong court aimed at liquidating the embattled property developer, according to a person with direct knowledge of the matter.
China Evergrande to resolve $511 million trust loan with state help -sources
BEIJING/HONG KONG, March 22 (Reuters) – China Evergrande Group (3333.HK)plans to return land set aside for collateral for a trust loan from CITIC Trust Co to the Guangzhou government, two sources familiar with the matter said on Tuesday, in a workout arrangement that could be replicated in other parts of China’s indebted property sector. The deal […]
China Evergrande braces for debt deadline after doubting ability to pay
After lurching from deadline to deadline, China Evergrande Group (3333.HK) is again on the brink of default, with pessimistic comments from the property developer raising expectations of direct state involvement and a managed debt restructuring.
Court approves Thai Airways plan for makeover of $12.9 bln debt
Thai Airways International Pcl (THAI.BK) won court approval on Tuesday to restructure a debt load of $12.9 billion as the airline, which is already in bankruptcy protection, seeks to turn around its fortunes.
