Regis Successfully Completes Restructuring of Company Owned SmartStyle Portfolio – Business Wire (press release)

MINNEAPOLIS–(BUSINESS WIRE)–Regis Corporation (NYSE: RGS), a leader in the haircare industry, whose primary business is owning, operating and franchising hair salons, today announced it will close approximately 600 nonperforming Company owned SmartStyle salons on January 31, 2018. Our people are at the center of who we are and what we do, said Hugh Sawyer, President…

Capital restructuring eyed to address PT&T debt woes – Inquirer.net

Listed Philippine Telegraph & Telephone Corp. (PT&T) is poised to implement a capital restructuring plan that would settle long-running obligations ahead of the entry of a foreign strategic partner. A key feature of the plan, according to PT&T chief operating officer Miguel Bitanga, is the conversion of its creditors into preferred shareholders, which was outlined…

Capital restructuring eyed to address PT&T debt woes – Inquirer.net

Listed Philippine Telegraph & Telephone Corp. (PT&T) is poised to implement a capital restructuring plan that would settle long-running obligations ahead of the entry of a foreign strategic partner. A key feature of the plan, according to PT&T chief operating officer Miguel Bitanga, is the conversion of its creditors into preferred shareholders, which was outlined…

Alnylam and Sanofi Enter into Strategic Restructuring of RNAi Therapeutics Rare Disease Alliance – Business Wire (press release)

CAMBRIDGE, Mass. & PARIS–(BUSINESS WIRE)–Alnylam Pharmaceuticals, Inc. (Nasdaq: ALNY), the leading RNAi therapeutics company, and Sanofi announced today a strategic restructuring of their RNAi therapeutics alliance to streamline and optimize development and commercialization of certain products for the treatment of rare genetic diseases. Specifically, Alnylam will obtain global development and commercialization rights to its investigational…

Calls for farmers to get unique finance restructuring solutions to avoid being ‘destroyed’ – Independent.ie

David Hall wrote in today’s Sunday Business Post that the Irish farming community faces ‘farmageddon’ if more farm-related debt is passed on to vulture funds. He says that banks currently control much of Ireland’s farm-related debt, but that many of these loans may be sold to vulture funds, “with disastrous consequences for rural families and…