February 25, 2025 - Page 6 of 8 - Insolvency Guardian

BridgeBio Initiates Long Term Debt Management Strategy and Announces Proposed Offering of Convertible Senior Notes to Refinance Senior Secured Debt

Debt HelpBy Editor February 25, 2025

– Long term debt management strategy will strengthen the balance sheet without increasing total liabilities – Refinancing term debt facility lowers interest expense, eliminates near-term amortization payments, and significantly extends debt maturity PALO ALTO, Calif., Feb. 24, 2025 (GLOBE NEWSWIRE) — BridgeBio Pharma, Inc. (Nasdaq: BBIO) (the “Company,” “we” or “BridgeBio”) announced today that it…

Massive liquidation sales at Peavey Mart: Key info for shoppers in Ontario, Canada — plus how long do I have to use my gift card before it's too late? – Toronto.com

LiquidationBy Editor February 25, 2025

Massive liquidation sales at Peavey Mart: Key info for shoppers in Ontario, Canada — plus how long do I have to use my gift card before it’s too late? Toronto.com Read the original article here

Strandline goes into voluntary administration – Mining.com.au

LiquidationBy Editor February 25, 2025

Strandline goes into voluntary administration Mining.com.au Read the original article here

Farfetch directors in dispute over ‘serious mismanagement’

LiquidationBy Editor February 25, 2025

Several former directors of a luxury fashion retailer are locked in a High Court dispute with the company’s liquidators over allegations of “serious mismanagement” before its collapse. Three former senior employees of Farfetch, which was placed into liquidation last year, are at the centre of an investigation into the circumstances leading to its failure. The…

Joann stores closing: All fabric and crafts stores to liquidate in "a number of weeks" – Axios

LiquidationBy Editor February 25, 2025

Joann stores closing: All fabric and crafts stores to liquidate in “a number of weeks” Axios Read the original article here

Joann Inc. to close all 800+ stores nationwide as liquidation begins, including 2 in Cincinnati previously thought safe – The Business Journals

LiquidationBy Editor February 25, 2025

Joann Inc. to close all 800+ stores nationwide as liquidation begins, including 2 in Cincinnati previously thought safe The Business Journals Read the original article here

Bankruptcies in the retail sector dropped by a quarter in last three months of 2024 – NL Times

BankruptcyBy Editor February 25, 2025

Bankruptcies in the retail sector dropped by a quarter in last three months of 2024 NL Times Read the original article here

Construction Insolvencies Fall in December 2024

BankruptcyBy Editor February 25, 2025

THE NUMBER of registered construction insolvencies in England and Wales was 291 in December 2024. The December figure is 8% lower than in November 2024 when 316 construction companies went bust. Overall, construction firms accounted for 16.3% of all insolvencies in England and Wales in December 2024, according to the Insolvency Service. By rough comparison, construction…

NCLT admits RBI’s plea for insolvency resolution of AVIOM India Housing Finance

BankruptcyBy Editor February 25, 2025

Three weeks after the Reserve Bank of India (RBI) submitted a plea to initiate corporate insolvency resolution proceedings (CIRP) against Delhi NCR-based non-banking financial company (NBFC) AVIOM India Housing Finance, the National Company Law Tribunal (NCLT) has granted approval for the petition. Earlier, the Reserve Bank had taken action by superseding AVIOM’s board due to…

Joann fabrics is going out of business and closing all stores after a turbulent bankruptcy process and sale – Fast Company

LiquidationBy Editor February 25, 2025

Joann fabrics is going out of business and closing all stores after a turbulent bankruptcy process and sale Fast Company Read the original article here

Daily Archives: February 25, 2025