Minggu, 31 Juli 2016

PRESS DIGEST- Financial Times - August 1

Aug 1 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.


from Reuters: Bankruptcy News http://ift.tt/2aa3Zb6

Jumat, 29 Juli 2016

BRIEF-Radient Technologies Inc announces Financial Results and Private Placement Offering

* In order to minimize expenses and cash requirements corporation has idled its plant operations


from Reuters: Bankruptcy News http://ift.tt/2a62hYt

Swiber applies for judicial management instead of liquidation

SINGAPORE, July 29 (Reuters) - Singapore oilfield services company Swiber Holdings Ltd said on Friday it has applied to place itself under judicial management instead of liquidation.


from Reuters: Bankruptcy News http://ift.tt/2aa4wFy

UK banks lining up to re-open AT1 market

NEW YORK, July 29 (IFR) - Several UK banks could reopen the Additional Tier 1 capital market in the weeks ahead, as yield-starved investors find more to like in the risky asset class.

from Reuters: New Issues News http://ift.tt/2aPK3HU

Embraer CEO promises price discipline after business jet discounts

SAO PAULO, July 29 (Reuters) - Embraer SA followed some competitors' move to offer discounts on certain business jets, but the Brazilian planemaker is now focused on maintaining pricing discipline,...


from Reuters: Bankruptcy News http://ift.tt/2aA9Ea3

Brazil's Bradesco sees defaults climbing further this year

SAO PAULO, July 29 (Reuters) - Loans in a arrears at Banco Bradesco SA will probably climb to around 4.9 percent of outstanding credit, executives said Friday, reflecting the impact of a recession...


from Reuters: Bankruptcy News http://ift.tt/2aDtWO9

BRIEF-Mine Restoration continues to try to establish itself as a going concern

* Continues to explore opportunities to re-establish company as a going concern in either its current or another form


from Reuters: Bankruptcy News http://ift.tt/2amOclr

UPDATE 1-DNO expands foothold in Kurdish oil with Gulf Keystone offer

OSLO/BENGALURU, July 29 (Reuters) - Norwegian energy firm DNO ASA expanded its foothold in Iraqi Kurdistan on Friday by offering to purchase rival Gulf Keystone Petroleum Ltd for $300 million, following the latter's junk bond deal this month.

from Reuters: New Issues News http://ift.tt/2alHU8v

UPDATE 1-NextEra to buy bankrupt Energy Future and its stake in Oncor

July 29 (Reuters) - Power producer NextEra Energy Inc said it had agreed to buy reorganized Energy Future Holdings Corp and its stake in Oncor Electric Delivery Co in a deal with enterprise value of...


from Reuters: Bankruptcy News http://ift.tt/2aBXfDE

NextEra to buy bankrupt Energy Future and its stake in Oncor

July 29 (Reuters) - Power producer NextEra Energy Inc said it had agreed to buy reorganized Energy Future Holdings Corp and its indirect stake in Oncor Electric Delivery Co in a deal with enterprise...


from Reuters: Bankruptcy News http://ift.tt/2aeDvSX

Kamis, 28 Juli 2016

Brazil judge may soon force vote on Oi board change -lawyer

SAO PAULO, July 28 (Reuters) - The judge overseeing the bankruptcy protection of Brazilian phone carrier Oi SA could force the company to call a shareholder vote on proposed changes to its board as...


from Reuters: Bankruptcy News http://ift.tt/2a38hRy

DBS expects to recover half of its $517 mln exposure to Swiber

July 28 (Reuters) - DBS Group Holdings, Singapore's biggest lender, said it expects to recover about half of its total exposure of S$700 million ($517.4 million) to Swiber Holdings Ltd, the oilfield...


from Reuters: Bankruptcy News http://ift.tt/2ad0HkB

BRIEF-Kremlin says preliminary administration of assets of ordered

* Frank Schmitt appointed as preliminary insolvency administrator Source text for Eikon: Further company coverage: (Gdynia Newsroom)


from Reuters: Bankruptcy News http://ift.tt/2axtsLj

BRIEF-ItN Nanovation withdraws insolvency application

* District court has lifted arrangement of provisional self-administration Source text for Eikon: Further company coverage: (Gdynia Newsroom)


from Reuters: Bankruptcy News http://ift.tt/2aAO1ot

Bradesco sees defaults peaking early in 2017 as Brazil recovers

SAO PAULO, July 28 (Reuters) - A rise in loan delinquencies at Brazilian private-sector lender Banco Bradesco SA could peak by year-end or early next year so long as no unexpected, large cases...


from Reuters: Bankruptcy News http://ift.tt/2ak9FLO