Saks Global Enterprises has reached a US$600 million financing agreement with existing lenders as part of a debt restructuring plan that alters repayment terms and creditor priority.

The Student Debt Crisis Hits Hard Another significant development for consumer spending power is the return of student loan delinquencies. After a 43-month payment pause, nearly one in four student ...

Culp, Inc., a leading provider of fabrics for bedding and upholstery fabrics for residential and commercial furniture, today reported financial and operating results for the fourth quarter and ...

Intrinsically disordered proteins (IDPs) lack a stable 3D structure under physiological conditions, making them challenging to study and simulate. In this study, we compare the hydrophobicity and ...

Learn how to use financial modeling to evaluate the impact of a restructuring plan on a distressed company's cash flow, debt service, and enterprise value.

The World Economic Outlook (WEO) database contains selected macroeconomic data series from the statistical appendix of the World Economic Outlook report, which presents the IMF staff's analysis and ...

FILE - Speaker of Ghana Parliament Alban Sumana Bagbin speaks at the Parliament House in Accra, Wednesday, Feb. 28, 2024.

Learn how foreign debt can help or hinder economic development and cooperation, and what factors and options influence its management.

Wolfspeed struck a deal with key lenders to cut debt by around 70%, reducing annual cash interest payments by 60%. This involves paying off $250 million in senior secured notes and obtaining $275 ...