Corporate restructuring and recapitalization

FILE - In this May 16, 2018, file photo, the J.C. Penney logo is seen hanging outside the Manhattan Mall in New York. J.C. Penney, looking to soothe rattled investors, said Friday, July 19, 2019, it hasn’t hired any advisers to prepare for an in-court restructuring or bankruptcy. (AP Photo/Mary Altaffer, File)
July 19, 2019 - 7:05 pm
NEW YORK (AP) — J.C. Penney, looking to soothe rattled investors, said Friday it hasn't hired any advisers to prepare for an in-court restructuring or bankruptcy. The company's statement came after a report said Penney was hiring experts to help restructure its debt. Reuters reported Thursday that...
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A small boat with two German police officers speeds over the river Main in Frankfurt, Germany, Wednesday, April 17, 2019. (AP Photo/Michael Probst)
April 25, 2019 - 4:56 am
BERLIN (AP) — Deutsche Bank and Commerzbank are halting talks on a possible merger that would have created Germany's biggest financial institution. Deutsche Bank said Thursday that "after careful analysis" its management board has concluded that a combination with its rival "would not have created...
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FILE - In this Dec. 18, 2014, file photo, an Emirati man takes a selfie in front of a new Etihad Airways A380 in Abu Dhabi, United Arab Emirates. Abu Dhabi-based Etihad Airways said Thursday, Feb. 14, 2019, that it has restructured planned airplane purchases from Airbus and Boeing as the government-owned carrier faces financial turbulence. (AP Photo/Kamran Jebreili, File)
February 14, 2019 - 2:01 am
DUBAI, United Arab Emirates (AP) — Abu Dhabi-based Etihad Airways says it has restructured planned airplane purchases from Airbus and Boeing as the government-owned carrier faces financial turbulence. The long-haul airline said in a statement Thursday that it will take delivery of five Airbus A350-...
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January 16, 2019 - 4:28 pm
SAN JUAN, Puerto Rico (AP) — A court hearing on a major restructuring of Puerto Rico's mammoth debt opened Wednesday, with protesters warning the deal would further indebt the U.S. territory and supporters arguing it would secure funds urgently needed by the government. The hearing involves more...
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November 29, 2018 - 3:44 pm
SAN JUAN, Puerto Rico (AP) — The U.S. territory of Puerto Rico announced Thursday that it has completed its first debt-restructuring deal since the government announced it was bankrupt more than three years ago, giving creditors overall $550 in new bonds for each $1,000 they had held. The agreement...
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May 22, 2017 - 3:53 pm
SAN JUAN, Puerto Rico (AP) — Puerto Rico is seeking help from federal court to restructure the debt of the U.S. territory's public pension system, which is projected to run out of money this year. A federal control board overseeing the island's finances said Monday that the move was taken in part...
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FILE - In this Oct. 29, 2016, file photo, Ricardo Rossello, then the Puerto Rican gubernatorial candidate, speaks during a forum, in San Juan, Puerto Rico. Gov. Rossello announced on Wednesday, May 3, 2017, a historic restructuring of a portion of the U.S. territory's $70 billion debt through courts after negotiations with bondholders failed. The announcement marks the biggest bankruptcy-type process ever for the U.S. municipal bond market. (AP Photo/Carlos Giusti, File)
May 03, 2017 - 2:23 pm
SAN JUAN, Puerto Rico (AP) — Puerto Rico's governor on Wednesday announced a historic restructuring of a portion of the U.S. territory's $73 billion debt through courts after negotiations with bondholders failed. The announcement marks the biggest bankruptcy-type process ever for the U.S. municipal...
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May 03, 2017 - 12:45 pm
SAN JUAN, Puerto Rico (AP) — Puerto Rico's governor on Wednesday announced a historic restructuring of a portion of the U.S. territory's $70 billion debt through courts after negotiations with bondholders failed. The announcement marks the biggest bankruptcy-type process ever for the U.S. municipal...
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