Glencore and a consortium of banks have started talks with Chad over the restructuring of the country's more than $1 billion commercial debt, according to a letter from the company to the International Monetary Fund seen on Saturday.
Evergrande Group's chief executive is holding talks in Hong Kong with investment banks and creditors over a possible restructuring and asset sales, two people said, as the Chinese developer battles against default on more than $300 billion in debts.
Shares and dollar bonds of Chinese real estate firms slid again on Thursday as investors fretted about a debt crisis rippling through developers including China Evergrande Group , a day after the sector was hit with rating downgrades.
With China Evergrande Group's default deadline drawing closer, offshore bond investors in the property developer are pondering their legal options to safeguard their investments.
Bohemia Energy, one of the biggest electricity and gas suppliers in the Czech Republic, halted operations on Wednesday to become the largest group in the country to buckle under a Europe-wide jump in energy costs.