Sept. 1 (Bloomberg) — Barneys New York is weighing a debt restructuring or bankruptcy filing that may wrest control from the Dubai government-owned firm that loaded it with debt in a 2007 leveraged buyout, three people briefed on the matter said.
Elders to Sell A$500 Million of Shares to Cut Debt, Review Says (Bloomberg)
Sept. 1 (Bloomberg) — Elders Ltd. is seeking to sell as much as A$500 million ($422 million) of new shares to cut debt, the Australian Financial Review reported.
Comercial Mexicana Bondholders Agree to Debt Exchange (Update1) (Bloomberg)
Aug. 31 (Bloomberg) — Controladora Comercial Mexicana SAB , the Mexican retailer that defaulted on debt in October, said local bondholders approved a proposal to exchange their bonds for new debt.
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