Debt

Steward Health Care Puts All 31 Hospitals up for Sale to Address $9 Billion Debt After Filing for Bankruptcy

Steward Health Care has reportedly listed all its 31 hospitals in the United States for sale to pay off its $9 billion debt.


Portugal banks revises Loan terms

The banks in Potugal had a lot of issues to solve after failing to sell Novo Banco. This has made a lot adjustments that needs to be done by the banks...

Sprint Raises $2.2 Billion Fund Under Complex Transaction Structure

Sprint has announced on Wednesday raising $2.2 billion fund through selling and leasing back of network assets. The complex transaction structure has been facilitated by the internet carrier’s parent ..

SunEdison to File Chapter 11, Probed By SEC

SunEdison is about to file bankruptcy protection to safeguard itself from creditors while trying to recover from its losses while it continues to operate. At the same time it is being investigated by..


Latest News

Monroe Capital LLC funds senior credit facility for the acquisition of Gem Shopping Network
Monroe Capital announced the funding worth USD27.5 million for the use of an affiliate of Sun Capital Partners Inc for the acquisition of Gem Shopping Network.
Avante Mezzanine Partners provides debt and equity financing to TechDevice Holdings
Avante Mezzanine Partners helped finance TechDevice Holdings' acquisition of AdvancedCath Technologies with debt and equity.
Odyssey Marine Exploration Inc rebuts Meson Capital Partners report
Odyssey Marine Exploration Inc said it would have money by the end of this year and would not need to raise equity next year.
BlackBerry Interim CEO promises turnaround for firm
BlackBerry Interim CEO John Chen stressed his experience to be able to turn around the firm.
YRC Worldwide Inc asks union for new contract terms to get debt refinancing approval
YRC Worldwide Inc sought new labor contract terms from its union employees to get lenders' approval to refinance the trucking company's borrowings.
Deals of the day - M&As
The following bids, mergers, acquisitions and disposals were reported on Monday
Alcatel-Lucent SA offers shares and bonds for expansion purposes
According to Alcatel-Lucent SA CEO Michael Combes, investor confidence has returned to the French technology manufacturing firm.
York Capital Management invests EUR100 million in Greece's GEK Terna
US fund York Capital Management invested EUR100 million in GEK Terna, one of Greece's top construction groups.
Whitehaven's future assured - Chairman
Whitehaven Chairman Mark Vaile said the future of the mining company is assured with the two mines it is preparing to go online.
Two Brazilian banks reducing risk with Grupo EBX developments
The collateral provided by Batista and Grupo EBX have helped reduce the bank exposure risk for Banco Santander Brasil and Itau Banco.
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