Country Garden reiterated on Wednesday that it expects to be unable to meet all of its offshore debt obligations and hopes to seek a "holistic" solution to its difficulties.
The Malaysian government has agreed to restructure the debts of state palm oil plantation agency Felda through the issuance of sukuk and revolving credit, the Finance Ministry said on Wednesday.
Cash-strapped French supermarket retailer Casino on Monday said it aims to conclude a debt restructuring agreement with its creditors by the end of next month, telling creditors it needed an equity contribution of "at least 900 million euros" ($981.63 million).
Ghana's debt restructuring is targeting $10.5 billion of external debt service relief from 2023 to 2026, the International Monetary Fund said late on Wednesday in its Debt Sustainability Analysis.
U.S. crypto firm Ripple has bought Switzerland-based crypto custody firm Metaco for $250 million, in its first major acquisition, Ripple said on Wednesday.