Americans are carrying a lot of debt right now — and for many, the added financial pressure is pushing them toward a boiling point. Credit card balances are hovering near record highs, overdue medical ...
When credit card debt feels unmanageable, some borrowers look for ways to change the terms — but is that possible?
(Reuters) -The legal framework surrounding private-sector-owned sovereign debt has proven largely effective, especially for bonded debt, but gaps remain for loans and collateralized debt and ...
Sri Lanka’s debt restructuring distinguishes itself from others by its complexity due to a particularly diverse creditor landscape and novel instruments issued in the restructuring. Not eligible for ...
LONDON, May 30 (Reuters) - Afreximbank has signalled that Ghana has kept up loan repayments, two sources told Reuters. Ghana says it hasn't made debt service payments in two years and it wants to ...
AMC Entertainment Holdings Inc. shares sank Tuesday, after the movie-theater chain and original meme stock announced its latest debt-restructuring deal. The Leawood, Kan.-based company is converting ...
Sovereign debt restructurings can have large impacts on trade, with a significant compression of imports and a more ambiguous effect on exports. We show that the magnitude of that impact depends on ...
Hedge funds with a stake in Brightline’s $1.1 billion of corporate debt are crafting a plan to elevate their claims over other similar creditors by offering new financing and concessions to the ...
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