debt restructuring Archives - CFO

iPic Entertainment Files for Bankruptcy; Pursues Sale

Credit & Capital

iPic Entertainment Files for Bankruptcy; Pursues Sale

The luxury theater chain hopes to restructure its debt and strengthen its balance sheet.

By Lauren Muskett | August 5, 2019

House: Puerto Rico Rescue Not a Bailout

House: Puerto Rico Rescue Not a Bailout

“Today, the House acted to prevent Puerto Rico's fiscal crisis from escalating to a humanitarian catastrophe," says a co-author of the bill.

By Katie Kuehner-Hebert | June 10, 2016

IMF Sets Debt Relief as a Condition for Greek Bailout

IMF Sets Debt Relief as a Condition for Greek Bailout

The fund has been pushing for a restructuring as a condition of giving its support to Greece's latest bailout package.

By Matthew Heller | May 23, 2016

SandRidge Declares Bankruptcy to Restructure Debt

SandRidge Declares Bankruptcy to Restructure Debt

In a familiar refrain, SandRidge says the oil price slump has left it unable to service the debt load it took on while aggressively pursuing growth.

By Matthew Heller | May 17, 2016

Paragon Offshore to File Bankruptcy

Paragon Offshore to File Bankruptcy

The oil services provider is the first energy-related company to seek court protection this year as low oil prices continue to hit the industry.

By Matthew Heller | February 15, 2016

IMF Changes Rules to Avoid Large Bailout Loans

IMF Changes Rules to Avoid Large Bailout Loans

The fund now has the option of short-term debt 're-profiling' for countries whose bailout needs exceed normal IMF borrowing levels.

By Matthew Heller | February 1, 2016

Millennium Health Files Bankruptcy to Ease Debt

Millennium Health Files Bankruptcy to Ease Debt

The drug-testing lab's reorganization plan would reduce its obligations under a 2014 credit agreement to $600 million from $1.75 billion.

By Katie Kuehner-Hebert | November 11, 2015

KKR’s Energy Play Planning Chapter 11 Filing

KKR’s Energy Play Planning Chapter 11 Filing

The downfall of Samson Resources will wipe out the $4.1 billion in cash that private-equity firms led by KKR invested in the oil and gas producer.

By Katie Kuehner-Hebert | August 17, 2015

Puerto Rico’s Governor Calls For Debt Restructuring Under U.S. Bankruptcy Code

Risk & Compliance

Puerto Rico’s Governor Calls For Debt Restructuring Under U.S. Bankruptcy Code

Gov. Padilla asks for changes to the code's Chapter 9, which offers distressed municipalities, but not states or territories, protection from creditors.

By Katie Kuehner-Hebert | June 30, 2015

Puerto Rico Utility Battles to Restructure Debt

Investor Relations

Puerto Rico Utility Battles to Restructure Debt

Raising electricity rates to help repay its debt is not an option, says the Puerto Rico Electric Power Authority.

By Katie Kuehner-Hebert | May 11, 2015

Caesars Answers Creditor Lawsuit with Its Own

Risk Management

Caesars Answers Creditor Lawsuit with Its Own

As the casino giant tries to restructure $12.7 billion in debt, it levels a lawsuit at hedge funds that it claims want to force a default.

By Iris Dorbian | August 6, 2014