Country Garden secures key bondholder group support for offshore debt overhaul – Reuters
Country Garden secures key bondholder group support for offshore debt overhaul Reuters Read the original article here
Understanding Liquidity Ratios: Types and Their Importance
What Are Liquidity Ratios? Liquidity ratios measure a company’s ability to pay its short-term debt obligations. They include the current ratio, the quick ratio, and the days sales outstanding ratio. In general, a higher liquidity ratio shows a company is more liquid and has better coverage of outstanding debts. Key Takeaways Liquidity ratios can determine a…
China’s Country Garden secures support from some creditors for offshore debt overhaul
CHINESE property developer Country Garden said on Friday it had reached an agreement with creditors holding nearly 30 per cent of its existing offshore bond debt and was close to finalising terms with another group of bank creditors. The company is now in a restructuring process that aims to cut its US$16.4 billion of offshore…
Bankrupt tycoon ‘secretly diverted £63m to wife and children’
A steel tycoon who became the UK’s biggest bankrupt is accused of secretly diverting £63 million to his family rather than paying his company’s debts. Pramod Mittal came to prominence in 2013 with the nuptials for his daughter, Shristi, in what was considered to have been the world’s most expensive wedding that cost £50 million.…
Multiple potential Hudson’s Bay bidders interested in sale
Open this photo in gallery: There are at least four potential bidders that have indicated their interest in acquiring part of the Hudson’s Bay Co. or its assets. The exterior of a Hudson’s Bay store in Hamilton, Ont., is pictured on March 20.Katherine KY Cheng/Getty Images Multiple parties have expressed interest in the sale process…
Northgold AB has entered into an agreement to sell both its Finnish subsidiaries, including all associated gold projects — TradingView News
Northgold AB (“Northgold” or the “Company”) has on the 10th of April 2025, entered into an agreement with Nordic Resources Limited (“Nordic Resources” or the “Buyer”) regarding the sale of all shares in its wholly owned Finnish subsidiaries, Fennia Gold Oy and Lakeuden Malmi Oy (the “Transaction”). The consideration in the Transaction comprises a combination…
Will Germany’s immense infrastructure debt help the country’s energy transition? | Montel News
Montel News – Energy Insights 08.04.2025 After Germany amended its constitution in mid-March to allow for 500 bn EUR in debt for infrastructure and climate neutrality by 2045, as well as unlimited debt for defence spending, the new government has some room for manoeuvre. In these times of an economic downturn and a changeover in…
Should Ohio take on $600M debt to help pay for Browns stadium in Brook Park? Readers largely opposed – Cleveland.com
Should Ohio take on $600M debt to help pay for Browns stadium in Brook Park? Readers largely opposed Cleveland.com Read the original article here
US bishops urge Trump to continue global debt relief efforts
Eric LeCompte (CNS/Lola Gomez) In a world economy rocked by the whiplash of American trade tariffs that has spared few countries, the United States bishops have a proposition for President Donald Trump: Forgive some debts. Source: OSV News. In a joint letter dated April 8, the US Conference of Catholic Bishops and interfaith development…
HISD vendor allegedly made fake invoices to pay off poker debts, testimony shows – Houston Chronicle
HISD vendor allegedly made fake invoices to pay off poker debts, testimony shows Houston Chronicle Read the original article here