Restructuring & Recapitalization Business development news stories are included in this section, with emphasis on corporate entities that are planning for, or currently undergoing restructuring or recapitalization efforts.

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Aug 21, 2020, 09:59 ET Clare Oaks And Bondholders Reach Agreement Supported By Creditors' Committee On Future Of Retirement Community

The majority bondholders and Clare Oaks, the owner and operator of a continuing care retirement community outside of Chicago, announced that they...


Aug 20, 2020, 19:06 ET Mit ERA zero waste betritt das alte System des Milchmanns in neuem Gewand den DACH Markt

ERA zero waste ist das erste Unternehmen in der DACH Region, das dem Milchmann System wieder neues Leben einhaucht. Es liefert hochwertige...


Aug 20, 2020, 19:05 ET Era Zero Waste est la première entreprise des régions DACH et Sacandinavie à rétablir le modèle du livreur de lait pour les produits de soins personnels

Era Zero Waste a piloté le concept avec le désinfectant pour les mains dans l'UE et cela fonctionne maintenant d'un financement participatif pour...


Aug 20, 2020, 08:13 ET Advanced Green Innovations Announces Completion of Successful Restructuring - Emerging as PROTEUM ENERGY, LLC

Advanced Green Innovations, LLC and its subsidiaries ZHRO Power, LLC and ZHRO Solutions, LLC ("AGI/ZHRO") emerged from restructuring proceedings as...


Aug 19, 2020, 12:09 ET Valaris plc Announces Agreement to Significantly Reduce Debt and Create a Financial Structure Sustainable for Prolonged Industry Retrenchment and Longer-Term Recovery

Valaris plc (NYSE: VAL) ("Valaris" or the "Company") today announced that it has entered into a binding Restructuring Support Agreement (the "RSA")...


Aug 19, 2020, 10:07 ET BGL Announces the Simultaneous Recapitalizations of Grandview Surgery Center and North East Surgery Center

Brown Gibbons Lang & Company ("BGL") is pleased to announce the simultaneous recapitalizations of Grandview Surgery Center and North East Surgery...


Aug 18, 2020, 08:00 ET Soft-Tex Announces New Organizational Structure; Leadership Promotions

Soft-Tex International, a leading bedding and home product innovation company, is pleased to share news of its new organizational structure into 3...


Aug 17, 2020, 16:01 ET Triumph Group Completes Refinancing Transactions

Triumph Group, Inc. (NYSE: TGI) ("Triumph" or the "Company") today announced the consummation of a series of strategic refinancing transactions,...


Aug 17, 2020, 03:44 ET Libbey Files Amended Plan of Reorganization and Disclosure Statement

Libbey Inc. (OTC: LBYYQ) ("Libbey" or the "Company"), one of the world's largest glass tableware manufacturers, filed an Amended Plan of...


Aug 14, 2020, 12:12 ET Neuquén Ad-Hoc Secured Bondholder Committee Rejects Restructuring Proposal

An Ad-Hoc Committee of Secured Bondholders (the "AHC") of the Province of Neuquén (the "Province"), which is comprised of institutional investors...


Aug 13, 2020, 18:35 ET Aeromexico Files DIP Financing Motion

Grupo Aeroméxico, S.A.B. de C.V. ("Aeromexico" or the "Company") (BMV: AEROMEX) reports that the DIP Financing Motion was filed today before H. Judge ...


Aug 12, 2020, 18:20 ET Redwood Green Announces Board of Directors Changes Reflecting New Business Direction

Redwood Green Corp. (the "Company") (OTCQB: RDGC) today announced changes to its Board of Directors, reflecting an anticipated change in corporate...


Aug 11, 2020, 01:46 ET Parsun to sell OXE Diesel Outboards in China

OXE Marine AB has resolved to initiate a cooperation with Parsun, the largest Chinese outboard engine manufacturer. The cooperation covers the...


Aug 10, 2020, 08:00 ET PPL Corporation Launches Process to Sell U.K. Business, Reposition Itself as U.S.-Focused Utility Company

PPL Corporation (NYSE: PPL) announced today that it is initiating a formal process to sell its U.K. utility business in order to position PPL as a...


Aug 07, 2020, 13:10 ET Postmaster General Louis DeJoy Modifies Organizational Structure to Support USPS Mission

In an effort to operate in a more efficient and effective manner and better serve customers, Postmaster General Louis DeJoy today announced a...


Aug 07, 2020, 10:54 ET XLCS Partners advises Metal Finishing Technologies in recapitalization by Battle Investment Group

XLCS Partners, Inc., a leading middle market investment bank, is pleased to announce it served as exclusive advisor to Metal Finishing Technologies,...


Aug 07, 2020, 09:10 ET iAnthus Obtains Interim Court Order and Announces Meeting Details in Connection with its Recapitalization Transaction

NEW YORK and TORONTO, Aug. 7, 2020 /PRNewswire/ - iAnthus Capital Holdings, Inc. ("iAnthus" or the "Company") (CSE: IAN), (OTCQX: ITHUF), which owns, ...


Aug 07, 2020, 07:23 ET Fagerhult Group has decided to exit its South African business Lighting Innovations

As a part of the on-going strategic review, the Fagerhult Group investigates different exit options for its South African business, Lighting...


Aug 06, 2020, 08:38 ET Insurtech Leader FastTrack Unveils New Logo and Refreshed Website

FastTrack Automated Solutions & Services for the Life and Disability Insurance Vertical invites everyone to experience its all-new website and...


Aug 06, 2020, 02:13 ET Aker Solutions ASA: Company Presentations Related to Offshore Wind and Carbon Capture Spin-Offs

Reference is made to the release on July 17, 2020, where Aker Solutions announced its intention to spin off the company's offshore wind development...


Aug 05, 2020, 14:00 ET Momentive Performance Materials Announces Series Of Steps To Accelerate Growth In Specialty Chemicals

Momentive Performance Materials Inc. today outlined a series of steps to accelerate its global transition from commodity basics chemicals to...


Aug 04, 2020, 20:00 ET Tottenham Acquisition I Limited Announces Additional Contribution to Trust Account to Extend Period to Consummate Business Combination

Tottenham Acquisition I Limited (NASDAQ: TOTAU, the "Company"), a special purpose acquisition company, announced today that Norwich Investment...


Aug 04, 2020, 17:23 ET El Grupo de Titulares de Bonos de Canje en apoyo de la propuesta de restructuración de la deuda

El Grupo Ad Hoc de Titulares de Bonos de Canje (el "Grupo de Titulares de Bonos de Canje") confirma su apoyo a la propuesta de reestructuración de...


Aug 04, 2020, 17:12 ET Exchange Bondholder Group Statement in Support of Debt Restructuring Proposal

The Ad Hoc Group of Argentina Exchange Bondholders (the "Exchange Bondholder Group") confirms its support of the debt restructuring proposal...


Aug 04, 2020, 10:00 ET Salon And Spa Icon Mario Tricoci Announces Rebrand After 40+ Years In The Beauty Industry

After 43 years in the industry, salon and spa icon Mario Tricoci announced today the rebrand of "Mario Tricoci" to "Tricoci". Since 1977, Mario...