Rolta India bondholders band form group to negotiate restructuring after default
HONG KONG, June 17 (Reuters) – Bondholders are forming a group to negotiate a debt restructuring at Rolta India , after the software services provider failed to make interest payments, according to a…
ICA’s agrees $215 mln loan with Fintech, outlines business plan
MEXICO CITY, June 17 (Reuters) – Embattled Mexican construction firm ICA said on Friday it had agreed a three-year convertible loan for $215 million with investment firm Fintech as it presented a…
BRIEF-NunaMinerals strives to achieve viable reconstruction
* Advises that two former employees filed petition for bankruptcy of NunaMinerals which led to a court meeting on June 10
BRIEF-Italy bank deposit fund raises 400 mln euros, rescues small bank
June 17 (Reuters) – Italy’s bank deposit guarantee fund FITD says:
UPDATE 1-Rolta bondholders form group to negotiate restructuring
* Rolta failed to make coupon payment on $126 mln bonds due 2018
BRIEF-U.S.Bankruptcy court approves amended Republic Airways and United Airlines Agreement
* U.S. Bankruptcy court issues ruling approving amended Republic Airways – United Airlines agreement
Essar Steel Algoma agrees sale of assets to KPS Capital Partners
TORONTO, June 17 (Reuters) – Essar Steel Algoma Inc (ESA) said on Friday it had agreed to sell its assets to a consortium formed by New York-based private equity firm KPS Capital Partners and its…
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