creditor

NEW DELHI: The preferential treatment of bondholders riled banks enough to reject a $3.2 billion rescue deal from one of Asia’s richest men for a debt-laden unprofitable retail chain, according to people familiar with the matter. Future…

International Monetary Fund Managing Director Kristalina Georgieva on Thursday said China had committed to joining Zambia's creditor committee amid complaints from Zambia's finance minister about delays to its debt restructuring. Zambia…

LONDON : Asset managers Blackrock Inc. and Ashmore Group Plc. are among the top holders of Sri Lanka's international bonds that form part of a creditor group as markets prepare for a potential debt restructuring, a source said on…

HONG KONG : Chinese developer Fantasia Holdings denied a claim by a creditor that a US$96.98 million loan on which it missed a payment was secured by shares in its property management unit.TFI Securities and Futures Ltd told Fantasia it…

The secured creditor to the parent company of Bulb has pushed through an eleventh-hour switch in its administrator as it seeks to protect a £55m exposure it has to the collapsed energy supplier.Sky News has learnt that Sequoia…

Bulb, Britain's seventh-biggest energy supplier, is facing collapse within days amid eleventh-hour talks between the government and the company's biggest secured creditor.Sky News has learnt that the company, which launched in…

SHANGHAI : Eleven entities belonging to embattled conglomerate HNA Group, including its flagship carrier, Hainan Airlines, will hold a creditor meeting on Monday, according to a document detailing its debt restructuring plan, seen by…

KUALA LUMPUR : Malaysia's AirAsia X Bhd (AAX) has made "substantial progress" in its months-long talks with creditors as it aims to convene meetings with them to vote on a restructuring scheme by the end of October, its chief executive…