Edition:
United Kingdom

Bankruptcy

Peabody wants to repay term loan early thanks to improving coal prices

CHICAGO, Dec 2 U.S. coal producer Peabody Energy Corp said it would seek court approval to repay a $500 million term loan ahead of schedule because it has enough cash to operate in bankruptcy thanks to a rise in coal prices.

BRIEF-Rubicon Minerals announces creditor approval of restructuring plan

* Rubicon Minerals announces creditor approval of restructuring plan

Bonds, Regulatory News, 02 Dec 2016

UPDATE 1-Ferrovial in talks to acquire Isolux projects in Brazil -document

SAO PAULO, Dec 2 Spain's infrastructure company Ferrovial SA is in talks to acquire from its Spanish rival Grupo Isolux Corsan SA three power transmission projects in Brazil, according to a Ferrovial letter seen by Reuters on Friday.

02 Dec 2016

Ferrovial in talks to acquire Isolux projects in Brazil -document

SAO PAULO, Dec 2 Spain's infrastructure company Ferrovial SA is in talks to acquire from its Spanish rival Grupo Isolux Corsan SA three power transmission projects in Brazil, according to a Ferrovial letter seen by Reuters on Friday. (Reporting by Luciano Costa; Writing by Marcelo Teixeira; Editing by Lisa Shumaker)

02 Dec 2016

UPDATE 1-Brazil's Oi hints at outright debt-stock swap, sources say

SAO PAULO, Dec 2 Oi SA could scrap a proposed three-year restriction on creditors swapping part of their debt for equity, in a sign that Brazil's No. 4 wireless carrier wants to lure bondholder support to exit bankruptcy protection faster, two people with knowledge of the matter said on Friday.

Brazil's Oi signals outright debt-to-equity swap to creditors -sources

SAO PAULO, Dec 2 Oi SA could scrap a proposed three-year restriction on creditors swapping part of their debt for equity, in a sign that Brazil's No. 4 wireless carrier wants to lure bondholder support to exit bankruptcy protection faster, two people with knowledge of the matter said on Friday.

Court to decide on bankruptcy of Brazil's Oi Dutch units in January

SAO PAULO, Dec 2 Brazilian telephone company Oi SA, which is under creditor protection, said court administrators had filed a petition in an Amsterdam court to convert the suspension of payment status of two Oi subsidiaries into bankruptcy.

Bonds, Regulatory News, 02 Dec 2016

BRIEF-Swissco Holdings Limited updates on applications for judicial management

* Swissco holdings ltd - interim judicial managers wish to announce that an order of court had been sought and obtained on 1 december 2016

02 Dec 2016

BRIEF-Korea Line unit Samsun Logix requests termination of corporation turnaround process

* Says its unit Samsun Logix Corporation applied for termination of corporation turnaround process to Seoul Central District Court, for normalization of management, on Dec. 1

02 Dec 2016

BRIEF-Strike Minerals Inc. Files a notice of intention to make a proposal to creditors

* Strike Minerals Inc. Files a notice of intention to make a proposal to creditors

01 Dec 2016

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