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California Resources Enters Bankruptcy to Finally Resolve Occidental-inherited Debt

2020-07-16 15:30:00| OGI

California Resources said it entered a restructuring support agreement with key creditors that will eliminate over $5 billion of debt and mezzanine equity interest.

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Feds Support for Corporate Debt Has Been a Wall Street Bonanza

2020-07-13 14:28:00| National Real Estate Investor

That boon underscores how the biggest banks roles as financial intermediaries can translate to billions of dollars of profits.

Tags: support street corporate wall

 
 

Ann Taylor Owner Ascena Prepares Bankruptcy to Cut Debt, Stores

2020-07-09 18:16:00| National Real Estate Investor

The owners of Ann Taylor and Lane Bryant could file for Chapter 11 by the end of this week.

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Kimco Realty Debuts Green Debt as It Boosts Focus on ESG Issues

2020-07-08 16:42:00| National Real Estate Investor

The REIT sold $500 million in green bonds after the offering was boosted by strong investor demand.

Tags: issues green focus debt

 

Coronavirus Pain Drives Big Oils Dash for Record Debt

2020-07-08 11:05:00| OGI

The world's top seven energy firmsBP, Shell, Exxon Mobil, Chevron, Equinor, Total and Eniraised $60 billion in debt in the quarter, nearly half of the $132 billion in oil and gas sector borrowing over the period.

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