Venezuelan officials said they wanted to “free the country from the burden of accumulated debt.” ...

Over the past decade, Venezuela's economy has been severely impacted by external shocks – from the end of the commodity super-cycle to foreign sanctions and COVID-19 – resulting in a sharp economic ...

Venezuela must repay $60 billion in defaulted bonds as it looks to stabilize its economy. By Alan Rappeport Reporting from Washington The United States on Tuesday granted Venezuela permission to hire ...

Cumulus Media has filed for Chapter 11 bankruptcy protection as part of a restructuring plan designed to eliminate roughly $600 million in debt and place the radio broadcaster on stronger financial ...

NEW YORK/SAO PAULO, Dec ‌12 (Reuters) - A U.S. bankruptcy judge on Friday ‌approved Azul's debt restructuring, allowing the Brazilian airline to slash more than $2 billion in debt and raise capital ...

MOSCOW, Dec 26 (Reuters) - Russia's second largest bank ‌VTB maintained its net profit target ‌of 500 billion roubles ($6.4 billion) for 2025 after reporting results for January-November on Friday and ...

Color Corporation ("MCC" or the "Company") today announced the successful completion of the Company’s financial restructuring process and emergence from its prepackaged Chapter 11 process.

Amid rising domestic sovereign debt overhang in some emerging and developing economies (EMDEs), this paper underscores the importance of effective domestic sovereign debt restructuring (DDR) ...

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.

If managing business debt feels complicated because of too many payments, consolidating business debt can help you merge your debts into a single, more manageable loan.To find the best business debt ...

Asia’s debt restructuring landscape in 2021 revealed its increasingly dual nature: China, and the rest of the region. South and South-East Asian legal regimes remain challenging although reform is ...