THEME - From distress to financial resilience: Keys to successful business turnarounds
- 17 - 18 February 2025
- Abu Dhabi, U.A.E.
VARTA AG reached an important milestone in its negotiations with its almost all of its financial syndicated loan creditors and promissory note holders as well as strategic investors and agreed on the key economic cornerstones of a long-term viable reorganisation concept.
SpiceJet Ltd. has announced a financial restructuring plan with Carlyle Aviation, which would reduce the net debt of the company by nearly Rs 336 crore. The current outstanding dues of the company stand at over Rs 4,300 crore.
Emaar The Economic City ( Emaar EC ) announced its financial restructuring plan aimed at boosting its ability to move forward with growth plan, according to a Tadawul statement.
Edgio, Inc. and certain of its affiliates the platform of choice for security, speed, and simplicity, announced that it has voluntarily filed for chapter 11 relief (the “Chapter 11 Cases”) in the United States Bankruptcy Court for the District of Delaware (the “Court”) to effectuate one or more sale transactions that should allow for the continued operation of the Company’s business under new ownership