Cumulus Media, Creditors in Discussions Over Proposed Debt ExchangeMicrosoft Creates Tools to Stop People From Tricking ChatbotsCurrencies Miss Emerging-Market Rebound Led by Reform StoriesSam Bankman-Fried’s 25-Year Sentence a Harbinger of Crypto Trials to ComeUS ‘Kleptocapture’ Group Seeks Russia Sanction Evaders WorldwideHow Altice Can Push Its Creditors to Cut Billions of Debt: Q&AThe U.S. Fed is failing in four ways: Mohamed A.
GDP report raises the odds of recession this year: Gary ShillingChocolate bunnies can teach us to save our food supplyMarkets are pushing Fed into developing-economy territoryMicrosoft's US$69B Activision deal could be a blunderForeign Turkey Stock Bears Cut Back on ETF Short PositionsBlackRock Tokenized Fund Draws $160 Million In Week Since DebutBlackRock Issued Legal Warning Over ESG Strategy by MississippiCrypto Miner Bitdeer in Talks With Private Credit for CapitalCrypto Venture Capital...
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Intrum Creditors Split, With a Group Picking Weil for Debt TalksBondholders of Intrum AB who considered teaming up for debt talks with the Swedish company have split into different groups given the varied interests of the investors depending on the maturities of the notes they hold, according to people familiar with the matter.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Signa Creditors Demand Answers on $700 Million of Missing FundsAfter backing a restructuring plan on Monday, bondholders of one of Signa Holding GmbH’s key property units are still demanding answers over a missing batch of funds worth around €675 million ($737 million.)
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Altice France Creditors Are Working on a Debt Plan With HoulihanAltice France’s creditors including Attestor Capital and Arini have started working with advisers Houlihan Lokey Inc. and law firm Milbank LLP ahead of debt talks with the company, according to people familiar with the matter.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Drahi’s Altice Says Creditors Must Take Cuts to Reach TargetsExecutives at billionaire Patrick Drahi’s Altice set more aggressive leverage targets and said its creditors will be on the hook to help the embattled French telecommunications company meet them, triggering a plunge in its bonds.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Five-Star Venice Hotel Is a Glimmer of Hope for Signa Prime CreditorsA five-star hotel in Venice might just be one of the best chances for creditors of its insolvent owner, Signa Prime Selection AG, to recoup some of their losses.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Signa Unit That Owns Selfridges Offers Creditors 30% RepaymentThe Signa luxury unit that co-owns the Selfridges department store in London plans to offer creditors a 30% repayment on their debt under the current restructuring proposal.
Source: BNNBloomberg - 🏆 83. / 50 Read more »