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Brazil's Gol Says Bankruptcy Exit to Involve $1.5 Billion Capital Injection
US News & World Report· 2 hours agoBrazilian airline Gol expects its exit of Chapter 11 bankruptcy proceedings to involve a $1.5 billion capital injection through the issuance of new shares and the refinancing ...
Devon Energy (NYSE:DVN) Seems To Use Debt Quite Sensibly
Simply Wall St. via Yahoo Finance· 5 hours agoHowever, it does have US$1.13b in cash offsetting this, leading to net debt of about US$5.02b....
These 4 Measures Indicate That Chevron (NYSE:CVX) Is Using Debt Reasonably Well
Simply Wall St. via Yahoo Finance· 5 hours agoHowever, it does have US$6.28b in cash offsetting this, leading to net debt of about US$15.6b....
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...
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,...
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 ...
Is Vistra Corp (VST) Set to Underperform? Analyzing the Factors
Guru Focus· 21 minutes agoLong-established in the Utilities - Independent Power Producers industry, Vistra Corp (VST, Financial) has built a commendable reputation over the years. Despite these gains, the GF Score reveals ...
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.
Column: It wasn't just the endless shrimp — Red Lobster's corporate owners drove it into bankruptcy
LA Times via Yahoo Finance· 6 days agoThe debt came due in 2021. That brings us to Thai Union. One of the world's largest seafood...
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...