Insolvency Guardian Media Centre
Comvita at risk of breaching bank covenants if no debt relief soon The Press
Read the original article here
You don’t have permission to access “http://www.businesswire.com/news/home/20250218703564/en/Ares-Management-Upsizes-Tempus-Debt-Facilities-to-560-Million” on this server.
Reference #18.7c58d617.1740434272.19457438
https://errors.edgesuite.net/18.7c58d617.1740434272.19457438
Read the original article here
News | Crafts chain Joann will now shut all its stores in liquidation CoStar Group
Read the original article here
COLUMBIA, Mo. (KMIZ)
Crafts retailer Joann will close all its stores and hold liquidation sales.
The company released a list of stores that would close two weeks ago, including the Jefferson City location. Since then, GA Group bought the company at auction and has decided to close down all stores, according to a customer FAQ posted by Joann.
The Joann website on Monday showed the Jefferson City store was liquidating its inventory. The Columbia location was not listed as having a going-out-of-business sale.
The FAQ says the new owners expect to continue liquidation sales where they’re already happening and begin them at other locations immediately.
A judge is expected…
Read the original article here
Germany’s Merz will push up debt with help of left, says AfD leader Reuters
Read the original article here
The leader of the far-right Alternative for Germany (AfD), now the second-largest party, warned that the likely next chancellor will be pressured by left-wing parties to relax strict fiscal rules.
AfD leader Alice Weidel compared Germany‘s finances to those of a company, saying that the likely new government of conservative leader Friedrich Merz would be forced by left-wing parties into borrowing more.
“(He) won’t be able to implement anything that he promised,” she said of Merz, a fiscal conservative who has however indicated that he…
Read the original article here
– 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 intends to offer, subject to market conditions and other factors,…
Read the original article here
Read the original article here
Strandline goes into voluntary administration Mining.com.au
Read the original article here
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 liquidators have raised concerns that the online luxury clothing and accessories seller may have been “seriously mismanaged” by members of its leadership team in the run-up to its collapse. These include José Neves, the founder of Farfetch, Stephanie Phair, former group president, and Elliot Jordan, ex-chief financial officer.
Alvarez & Marsal, the liquidator, is…
Read the original article here
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