Tag: creditors
Global financial crisis fears: Evergrande to engage with creditors after default
Posted: December 22, 2021 at 9:22 pm / Business
STRUGGLING property giant Evergrande has said it will engage with creditors after it formally defaulted this month. Daily Express :: Finance Feed
Creditors approve Homebase rescue deal
Posted: August 31, 2018 at 10:22 pm / Business
HOMEBASE has won approval for a rescue deal which will lead to the closure of 42 of its 241 stores, with the loss of up to 1,500 jobs. Nearly 96 per cent of creditors backed an insolvency procedure known as a company voluntary arrangement at a London meeting, without which it could have collapsed into […]