CHICAGO, Feb 10 Senior creditors of Caesars Entertainment Corp's bankrupt operating unit are threatening to abandon a framework agreement and propose their own formal restructuring plan as soon as Monday, court documents showed.
NEW YORK, Feb 10 Investment firm EIG Pacific Holdings Ltd said on Wednesday it had extended the deadline and changed some terms for its offer to buy nearly all the debt of Colombia's largest private oil producer, Pacific Exploration & Production Corp..
CHICAGO, Feb 10 Bankrupt coal miner Arch Coal Inc has reached a deal with the state of Wyoming that will provide it with temporary relief from liability for millions of dollars in future cleanup costs for coal mines, according to court documents.
SAN JUAN, Feb 10 U.S. Senator Orrin Hatch on Wednesday demanded detailed financial disclosure about the island's economic crisis in a letter to Puerto Rico's governor, and questioned U.S. Treasury Secretary Jack Lew about debt restructuring proposals for the island during a Senate Finance Committee hearing.
SAN JUAN, Feb 10 Creditors of Puerto Rico's sales tax authority, COFINA, made a counter-offer on Wednesday to Puerto Rico's Feb. 1 debt exchange proposal, saying they would extend maturities but forgo cuts to principal that the original offer would entail.
Feb 10 Creditors of Puerto Rico's sales tax authority, COFINA, on Wednesday proposed a counter-offer to Puerto Rico's Feb. 1 debt exchange proposal, under which they would extend maturities but not sustain the cuts to principal that Puerto Rico's original offer would entail.
* Business operations are to continue throughout the process Source text for Eikon: Further company coverage: (Gdynia Newsroom)
MADRID, Feb 10 Spanish Abengoa has asked its creditors for a loan of up to 750 million euros ($843 million) to keep it afloat while its lenders discuss a financial plan to avoid it becoming Spain's biggest bankruptcy, a source close to the talks said.
SYDNEY, Feb 10 Former Australian coal baron Nathan Tinkler on Wednesday resigned as chief executive of Anglo Pacific Coal Ltd after losing a legal battle over money he owed from the sale of a luxury jet and being declared bankrupt.
LONDON, Feb 9 (IFR) - The Additional Tier 1 market is suffering its worst sell-off since opening in 2013, scuppering banks' ability to continue using the instruments to shore up their balance sheets and raising fresh doubts about the depth of the investor base in Europe.
- M&A: PRESS DIGEST- British Business - Feb 11
- IPOs: Franco-Nevada to buy Glencore precious metals stream for $500 million
- Private Capital: Ackman's Pershing Square Holdings down 18.6 pct so far in 2016 -investor
- Hedge Funds: Ex-CQs, ex-Bluegold Capital managers to launch hedge fund - source
- Regulatory News: UPDATE 1-Walgreens threatens to pull out of Theranos partnership - WSJ
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