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Brazil's Gol airline says bankruptcy exit to involve $1.5 billion capital injection
Reuters via Yahoo Finance· 12 hours agoSAO PAULO (Reuters) -Brazilian airline Gol expects its exit of Chapter 11 bankruptcy proceedings to...
Devon Energy (NYSE:DVN) Seems To Use Debt Quite Sensibly
Simply Wall St. via Yahoo Finance· 15 hours agoHowever, it does have US$1.13b in cash offsetting this, leading to net debt of about US$5.02b....
Rite Aid nears deal on post-bankruptcy financing
Reuters· 3 days agoPharmacy chain Rite Aid is close to reaching a deal on a post-bankruptcy financing package, with a group of lenders preparing to provide interim...
These 4 Measures Indicate That Chevron (NYSE:CVX) Is Using Debt Reasonably Well
Simply Wall St. via Yahoo Finance· 15 hours agoHowever, it does have US$6.28b in cash offsetting this, leading to net debt of about US$15.6b....
Private equity bankruptcies in health care increased 112% in 2023
BenefitsPRO· 4 days agoPrivate equity-backed companies carry among the highest debt loads in the health-care industry,...
Cost-cutting, private equity and piles of shrimp: What really drove Red Lobster into bankruptcy
The Independent via Yahoo News· 6 days agoThe famous seafood chain lost $11m on a disastrous ‘endless shrimp’ deal. But bankruptcy documents...
Another popular restaurant chain shares Chapter 11 bankruptcy plan
TheStreet.com· 5 days agoThe company wants to assure its customers that it's not closing, but there's no guarantee that's actually true. A Chapter 11 bankruptcy filing gives a company a chance to ...
How private equity rolled Red Lobster
NBC News via Yahoo Finance· 3 days agoWhen a private-equity firm bought Red Lobster in 2014, it sold the land under the restaurants for $1.5 billion. Now the restaurants can't pay the rent.
Gol submits five-year financing plan as part of restructuring
FlightGlobal· 21 hours agoBrazilian airline Gol has submitted a five-year financial plan to a US court as part of its ...
Gol Looks to Raise $1.5 Billion in New Equity to Repay Financing
Bloomberg· 10 hours agoHave a confidential tip for our reporters? Brazilian airline Gol Linhas Aereas Inteligentes SA plans to raise $1.5 billion in fresh equity to repay its existing debtor-in-possession ...