Endologix Announces Equity Financing of $52 Million and Debt Restructuring Addressing 2020 Maturities and Financial Covenants – Global Banking And Finance Review

Restructuring

Endologix, Inc. (Nasdaq: ELGX) (the Company), a developer and marketer of innovative treatments for aortic disorders, today announced that it has entered into a definitive agreement to raise approximately $52 million gross cash proceeds through the issuance of approximately 7.9 million new shares of the Companys common stock at a purchase price of $6.61 per…

Five Star Senior Living Announces Restructuring of Business Arrangements with Senior Housing Properties Trust – Global Banking And Finance Review

Restructuring

Five Star Senior Living Inc. (Nasdaq: FVE), or Five Star, today announced that it has entered into a definitive agreement to modify its existing business arrangements with Senior Housing Properties Trust (Nasdaq: SNH). Five Star expects its current financial position and near-term liquidity challenges will be immediately improved because of the transaction. Key features of…

Budget 2019 sees Treasurer Josh Frydenberg slash foreign aid by more than $115 million – World News – ABC News

Debt Help

Non-government organisations have hit out at the Coalition after it cut foreign aid in the Federal Budget, calling the move “selfish” and “short-sighted”. Key points: Total aid expenditure will fall by more than $115 million Parts of the aid budget are being repurposed and given a sharper strategic edge The Pacific has largely been…

Southern Online Bio Technologies Ltd. – Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors – The Hindu BusinessLine

Liquidation

Notice of 7th Meeting of Committee of Creditors ofSOUTHERN ONLINE BIO TECHNOLOGIES LIMITEDNotice along with Agenda and Notes to Agenda for the 7th Meeting of theCommittee of Creditors of Southern Online Bio Technologies Limited(under Corporate Insolvency Resolution Process) under the provisions ofThe Insolvency and Bankruptcy Code, 2016 read with Insolvency andBankruptcy Board of India (Insolvency…

Southcross Energy Commences Chapter 11 Reorganization with $255 Million in Committed Financing – GlobeNewswire

Restructuring

DALLAS, Texas, April 01, 2019 (GLOBE NEWSWIRE) — Southcross Energy Partners, L.P. (OTCQX: SXEE) (Southcross or the Company) today announced that the Company and its subsidiaries have filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. Southcross expects to continue…

Debt Settlement Market 2019 Precise Outlook Freedom Debt Relief, National Debt Relief – The Market Research News

Debt Help

Global Debt Settlement Market Size, Status And Forecast 2019-2025 The report provides a unique tool for evaluating the Market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability.…