Blog Mobile Portfolio Widgets About Us Advertise Help & Support Authors Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website. It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Investing.com -- German toy company Schleich, owned by Partners Group, is in discussions about a debt restructuring that could result in the private equity firm losing control to creditors. Lenders including credit firms Investec (LON:INVP) and H.I.G. are offering to provide €5 million ($5.8 million) in fresh capital to address Schleich’s immediate liquidity needs, according to Bloomberg, citing people familiar with the situation. Blackstone Inc. (NYSE:BX) is also participating in the negotiations as it manages some loans for other financial institutions. The restructuring could result in creditors taking temporary control of the German toy maker, with plans to later initiate a sale process to find a new long-term owner. The discussions are ongoing, and the final outcome may still change, the sources indicated. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Sure, there are always opportunities in the stock market – but finding them feels more difficult now than a year ago. Unsure where to invest next? One of the best ways to discover new high-potential opportunities is to look at the top performing portfolios this year. ProPicks AI offers 6 model portfolios from Investing.com which identify the best stocks for investors to buy right now. For example, ProPicks AI found 9 overlooked stocks that jumped over 25% this year alone. The new stocks that made the monthly cut could yield enormous returns in the coming years. Is PGHN one of them?

Blog Mobile Portfolio Widgets About Us Advertise Help & Support Authors Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website. It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

0 AAL 4.02% AZUL 2.05% AAL hereremove ads 0 Latest comments Install Our AppScan QR code to install app Google Play App Store Blog Mobile Portfolio Widgets About Us Advertise Help & Support Authors Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website. It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

LONDON (Reuters) - A British lawmaker has introduced a private member’s bill that would set new rules around debt restructurings in a push to speed up negotiations for poor countries struggling with unsustainable debt. Bambos Charalambous, who introduced the bill late last year, said support from other members of parliament had grown since the UK and the United States slashed aid spending. He represents the ruling Labour party in parliament, but neither it nor the opposition conservatives have thrown their support behind the bill. Charalambous said his party may be persuaded to back it and it was being studied by some in governmemt. His effort follows similar proposals in New York state, which supporters say would enable poor nations to emerge faster and stronger from debt distress, while opponents warn they could make future borrowing more expensive. Lawyers and investors following the debate on both sides of the Atlantic expect debt campaigners to keep pushing until some iteration of the proposals becomes law. Trillions of dollars in bonds - accounting for nearly all tradeable sovereign debt issued by developing governments and companies on international capital markets - are issued under the laws of either New York state or England. English law governs a disproportionate share - estimated at up to 90% - of those bonds issued by the poorest nations, such as Ethiopia and Ghana. "It would, number one, compel private creditors to negotiate in good faith, and quickly, with the debt-distressed countries," Charalambous told Reuters regarding the bill. "And it could be worth billions to (the countries), and that money could be reinvested into health and education projects." Charalambous’s bill would allow countries to seek debt payment freezes while restructuring negotiations are underway, and also enable a stay on legal proceedings during the process. It would also cap the claims that private creditors can make via lawsuits after restructurings are concluded, aiming to prevent holdout creditors from blocking or slowing debt deals. STATES VULNERABLE Currently, if a country defaults on its bonds, creditors can go to court in the jurisdiction governing the contract to force repayment; some of Ethiopia’s bondholders have said they could undertake legal proceedings. Such court cases typically spark lengthy legal proceedings that can delay or complicate a broader restructuring. A wave of developing countries, from Ghana to Sri Lanka, have defaulted since 2020, weakened by the COVID-19 pandemic and a global interest rate hiking cycle. The G20 created an initiative called the Common Framework to try to bring together diverse lenders - from China to New York investors - to speed up poor countries’ debt reworks. But it took Zambia more than three years to restructure its primary debts, and critics say the debt relief it and other nations have secured leaves them vulnerable to future crises. No iteration of the New York bill has made it to the governor’s desk, but emerging market bond investors have begun to include clauses in bond deals that would allow them to switch jurisdictions to avoid potential curbs.

Emerging markets face a shift from low interest rates to increased capital flight, affecting investor confidence and stability. Learn how global coordination and quick debt restructuring can help mana...

Investing.com -- In an attempt to alleviate investor worries about its $4.9 billion debt, Turkish conglomerate Zorlu Holding is preparing for asset sales and job reductions as part of a comprehensive restructuring strategy. The company has already lengthened the maturities of a portion of its loans. The sale of assets, which includes land holdings, is a top priority, as per sources with firsthand knowledge of an investor call with Zorlu management last week. The call was facilitated by J.P. Morgan Securities. Zorlu Holding has a diverse portfolio of businesses that spans real estate, textiles, energy, and manufacturing. The firm experienced a leadership change earlier this year when CEO Cem Koksal resigned in March. This change has added to the company’s challenges. The company’s Vestel (IS:VESTL) Elektronik unit, a leading home appliance manufacturer in Europe, is planning to lay off approximately 2,000 employees. This represents about 10% of its total workforce. The information was provided by sources who wished to remain anonymous as they are not authorized to discuss the plans. Vestel’s shares have experienced a decline of more than 40% this year. Its dollar bond due in 2029 is currently trading at around 80 cents, as per pricing data compiled by Bloomberg. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

A standoff over who pays for the trainIndonesia’s government has rejected calls to use the state budget to cover mounting...

Investing.com -- Cannabis operator Schwazze is finalizing a debt restructuring agreement with creditors that will reduce its debt and provide new capital, as the marijuana industry awaits regulatory changes that could improve profitability. Under the proposed deal, Schwazze will surrender some of its more than 60 cannabis retail locations in exchange for a $65 million cash infusion, according to Bloomberg, citing sources familiar with the negotiations. The senior lenders will acquire these properties through an Article 9 process, which is faster and less expensive than Chapter 11 proceedings. The company cannot file for bankruptcy protection due to the absence of federal legislation governing cannabis. The restructuring is expected to eliminate both common and preferred shares of Schwazze. Approximately $45 million from the cash injection will be used to refinance "seller notes," with the remaining funds allocated for working capital. The senior secured noteholders plan to submit a credit bid through an auction process to acquire select performing properties, while the remaining locations will be wound down. Sources indicate that discussions are still in progress and the final terms could change. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads. Which stocks should you consider in your very next trade? The best opportunities often hide in plain sight—buried among thousands of stocks you'd never have time to research individually. That's why smart investors use our Stock Screener with 50+ predefined screens and 160+ customizable filters to surface hidden gems instantly. For example, the Piotroski's Picks method averages 23% annual returns by focusing on financial strength, and you can get it as a standalone screen. Momentum Masters catches stocks gaining serious traction, while Blue-Chip Bargains finds undervalued giants. With screens for dividends, growth, value, and more, you'll discover opportunities others miss. Our current favorite screen is Under $10/share, which is great for discovering stocks trading under $10 with recent price momentum showing some very impressive returns!

Investing.com-- Country Garden Holdings Company Ltd (HK:2007) agreed to some key restructuring terms with a group of bank creditors, Bloomberg reported on Friday, allowing the embattled Chinese developer a path towards an overall debt deal. The company has sent a document to a group of banks known as the coordination committee addressing their concerns and detailing a $178 million compensation payment for the return of seized collateral, Bloomberg reported, citing people familiar with the matter. The deal clears the path for a bigger debt restructuring, given that the bank group holds enough debt to block said restructuring. Country Garden’s next hearing is scheduled for August 11. The company entered debt restructuring discussions over $14 billion of debt in 2023, joining a host of its peers in attempting to navigate a deteriorating real estate market in China. Country Garden is nursing years of declining sales from a prolonged property market downturn in China, a trend that battered and wiped out the valuations of several other major developers, such as China Evergrande Group (HK:3333). Country Garden’s shares rose 4% after the Bloomberg report, outpacing a 1% decline in the Hang Seng index.

Investing.com -- Moody’s Ratings has upgraded Intrum AB’s corporate family rating to Caa2 from Ca following the completion of the company’s court-supervised debt restructuring process. The rating agency also assigned a B3 backed senior secured rating to Intrum Investments and Financing AB’s newly issued new money bonds and a Caa3 backed senior secured rating to its newly issued Guaranteed Senior Global Notes. The outlook for Intrum is stable. The rating action was triggered by the completion of Intrum’s restructuring transaction on Wednesday. The transaction includes the exchange of Intrum’s existing senior unsecured bonds into an expected Euro equivalent of €2.9 billion of newly-issued exchange notes at 90% of the original face value, in return for 10% of Intrum’s equity. Additionally, the company issued an expected Euro equivalent of €526 million of new money notes due in December 2027, ranking senior to the exchange notes. The proceeds will be partially used to repurchase a portion of the exchange notes at 94.4% of par value. The transaction also extended the maturity of the €1.1 billion revolving credit facility from January 2026 to June 2028, which ranks senior to the new money notes. As part of the restructuring, Intrum implemented a change to its legal entity structure, transferring its material financial debts to the new entity Intrum Investments and Financing AB, and substantially all of the company’s assets to Intrum Group Operations AB. Moody’s said the upgrade reflects the near-term benefits of the restructuring on the company’s financial flexibility, the planned repositioning of the business model towards loan servicing with lower deployment of own capital, and the potential to raise cost efficiencies through technology implementation in debt collection. Despite these improvements, Intrum’s ratings remain constrained by considerable negative financing cash flows, reduced earnings power, relatively high leverage, and a substantial tangible equity deficit. The rating agency noted that while the debt maturity extension provides near-term financial stability, Intrum will need to build a track record of stabilizing profitability and demonstrate success in transforming its business model ahead of the next refinancing cycle. Moody’s maintained a one-notch negative adjustment for corporate behavior and risk management in the Caa2 rating, reflecting the challenges Intrum faces in managing its business transformation while its financial flexibility remains stretched. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. Before you buy stock in INTEGb, consider this: ProPicks AI are 6 easy-to-follow model portfolios created by Investing.com for building wealth by identifying winning stocks and letting them run. Over 150,000 paying members trust ProPicks to find new stocks to buy – driven by AI. The ProPicks AI algorithm has just identified the best stocks for investors to buy now. The stocks that made the cut could produce enormous returns in the coming years. Is INTEGb one of them?

LSEG hereremove ads Latest comments Install Our AppScan QR code to install app Google Play App Store Blog Mobile Portfolio Widgets About Us Advertise Help & Support Authors Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website. It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.