A U.S. judge shot down on Wednesday a request by creditors of Westinghouse Electric Co LLC for a bigger role in the nuclear technology company's bankruptcy just days after its parent company Toshiba Corp proposed a restructuring plan.
Venezuela has promised investors that government officials under sanction by the United States will not participate in a debt restructuring meeting in Caracas next week, three market sources told Reuters on Thursday.
A creditor asked the International Swaps and Derivatives Association's Determinations Committee if a $1.1 billion principal payment for a bond issued by PDVSA, its state-owned oil company, came up short. The payment was due on Nov. 3, but the...
Embattled China Huishan Dairy Holdings has come to an agreement with most of its Chinese creditors to restructure its crippling debt, which has reached at least $5.76 billion according to an unreported restructuring plan seen by Reuters.