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Top News In Dbtr Today - Breaking & Trending Today
Distressed developer China Evergrande will sell a half-stake in its property management unit to Hopson Development for more than $5 billion, Chinese media said on Monday, after both Evergrande and Hopson requested trading halts ahead of a major transaction. ....
The U.S. Supreme Court on Monday cleared the way for New York to collect a $200 million surcharge imposed on opioid manufacturers and distributors to defray the state's costs arising from the deadly epidemic involving the powerful painkilling drugs. ....
A Saudi court on Sunday issued a final order on the restructuring of the Algosaibi family's conglomerate AHAB, putting a formal end to one of Saudi Arabia's largest and longest debt disputes. ....
Suriname on Tuesday said creditors were taking a "confrontational attitude" toward debt restructuring talks after bondholders rolled back a deal to delay payments, escalating a dispute between investors and the small South American nation. ....
Some of China Evergrande Group's offshore bondholders have not received interest payment due by the end of Wednesday New York time, two people familiar with the matter told Reuters, with the company missing its second debt obligation this month. ....