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Tag: bondholders
RCom bondholders OK asset sales
2018-03-21 01:00:00| Total Telecom industry news
Reliance Communication bondholders on Wednesday approved the Indian telco's plan to sell a large chunk of assets to rival Reliance Jio as part of its debt reduction plan…read more on TotalTele.com »
Tags: sales
asset
bondholders
rcom
Oi bondholders reject revised restructuring plan
2017-10-16 08:03:00| Telecompaper Headlines
(Telecompaper) The major creditors of Brazilian operator Oi have reject the revised debt restructuring plan proposed by the company. According to the steering committees of the ad hoc group of Oi bondholders and the International Bondholder Committee, Oi's management and board have put forward a restructuring proposal that "appears to be driven by the objective of protecting and enhancing the interests of existing shareholders, to the detriment of the best interests of the company and other stakeholders". The plan, in the best case scenario, would result in a company that is not viable or sustainable, they said.
Tags: plan
revised
reject
restructuring
Oi restructuring plan a bitter pill for bondholders
2016-09-06 02:00:00| Total Telecom industry news
Troubled Brazilian telco reportedly offers bondholders new debt worth 30% of what they are owed.
Tags: plan
bitter
pill
restructuring
Lloyds backed by Supreme Court in 1bn bondholders case
2016-06-16 13:05:23| BBC News | Business | UK Edition
Lloyds Bank has won a major court battle against bondholders that could save it up to 1bn by leaving investors with lower payouts.
Tags: case
court
supreme
backed
Court Backs Israeli Bondholders as Urbancorp Restructures Debt
2016-04-26 20:07:00| National Real Estate Investor
Sharon Wrobel Tel Aviv District Court Judge Eitan Orenstein late on Monday named attorney Guy Gissin an officer of the court with the power to seize any of Urbancorps assets. read more
Tags: court
debt
israeli
backs