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Mactan-Cebu Airport operator and lenders reach agreement on debt easing and rebalancing
GMR-Megawide Cebu Airports Corp. (GMCAC), the operator of Mactan-Cebu International Airport (MCIA), announced on Friday that it had signed an agreement with its creditors to rebalance its debt service commitments and relax…
Daya Materials signs debt settlement agreements with its creditors
KUALA LUMPUR (March 16): Daya Materials Bhd today signed a series of agreements as part of its debt restructuring program, following approval in principle by its creditors in July last year.
Practice Note 17, in a stock exchange filing,…
Agricultural Bank of Egypt to settle EGP 6.3 billion in bad debts for 238,000 farmers
The Agricultural Bank of Egypt (ABE) announced an initiative to settle EGP 6.3 billion in bad debts belonging to about 328,000 defaulting customers of the bank.
The initiative enables a full settlement of…
Avoiding the Punjab’s Farm Debt Crisis
The Punjab Farm Debt Settlement Act 2016 - recently notified - once again highlighted the issue of farmer insolvency and bankruptcy in India's grain bowl. The debt situation in Punjab is dire. Recent data shows the state's farmers owe…
Farm bank settles £ 1.4bn debt
The Agricultural Bank of Egypt - Photo courtesy of the bank's website
CAIRO - March 27, 2018: The Agricultural Bank of…
Greece sees strong demand for 30-year bonds, to ease cost of debt
ATHENS, Greece (AP) - Greece on Wednesday raised 2.5 billion euros ($ 3 billion) in a 30-year government bond sale that has seen strong demand and aims to improve the country's debt profile during the pandemic.The yield was just…
How to Cope with Debt
Are you having trouble paying your bills Are you receiving dunning notices by creditors? Are you being sent dunning notices from creditors? Are you concerned about losing your house or car? You are not the only one. Many people will face…