Norske Skog has decided to extend the consent solicitation deadline for the ongoing
recapitalization proposal from 29 September until Tuesday 3 October at 17:00 CET.
BANKING AND CREDIT NEWS-December 23, 2014-Arcan Resources'
recapitalization proposal supported by Stornoway Portfolio
M2 EQUITYBITES-December 23, 2014-Arcan Resources'
recapitalization proposal supported by Stornoway Portfolio
European Commission President Jose Barroso is to present a
recapitalization proposal today for European banks ahead of the G-20 meeting.
Investors in Babcock & Brown Infrastructure Group (ASX:BBI) approved a A$1.8 billion
recapitalization proposal by Canada's Brookfield Asset Management Inc (NYSE:BAM).
"The NCUA Board has indicated that they are open to alternatives, and Congress has weighed in on the issue with a five-year
recapitalization proposal and asking FASB to reconsider the mark-to-market rules that have driven some of these losses at U.S.
Under the terms of the agreement, the company was required to deliver to its senior lenders a complete and comprehensive
recapitalization proposal by January 31.
This is a balanced
recapitalization proposal that will substantially reduce the group's debt level and interest expenses, enabling the group to invest both in core business and green growth initiatives.
By contrast, mutual funds mark their securities to market daily and tend to evaluate
recapitalization proposals in the light of their current carrying value.
The company has also received various alternative
recapitalization proposals from other key stakeholders.
