Tag: creditors

ReutersOctober 15, 2020

© Reuters. IMF Managing Director Kristalina Georgieva speaks during a conference hosted by the Vatican on economic solidarity WASHINGTON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva on Wednesday called for increased participation in debt relief for poor countries by private creditors and China, saying this was key to its success and a potential […]

ReutersSeptember 4, 2020

© Reuters. FILE PHOTO: A rainbow from a passing rain shower sits over Virgin Australia aircraft at Sydney’s Airport in Australia By Jamie Freed SYDNEY (Reuters) – Virgin Australia Holdings Ltd’s (AX:) creditors voted on Friday in favour of the purchase of Australia’s second-biggest airline by U.S. private equity group Bain Capital, administrator Deloitte said, […]

ReutersAugust 1, 2020

© Reuters. (Reuters) – U.S. defense contractor Huntington Ingalls Industries Inc (N:) has joined a long line of creditors seeking to enforce a judgment against heavily indebted OPEC member Venezuela, court documents filed on Friday showed. Huntington Ingalls’ shipbuilding unit earlier this year received a $138 million judgment from a Mississippi court against Venezuela’s defense […]

ReutersJuly 28, 2020

© Reuters. By Cassandra Garrison and Rodrigo Campos BUENOS AIRES (Reuters) – Argentina’s main creditors said on Monday their latest debt restructuring proposal has support from investors holding more than half the country’s foreign debt, bolstering their base for countering the government’s most recent offer. Financial institutions representing 60% of outstanding exchange bonds and 51% […]

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