End of government Covid support set to cause further corporate distress – Financial Times

Restructuring experts have warned that many of the businesses that took Covid-related financial help in 2020 will be in distress again this year as UK government measures to support companies unwind next month. Almost a third of global restructuring experts said that more than half of their clients that needed financing during the pandemic in…

Washington Prime Group Commences Voluntary Chapter 11 Financial Restructuring with RSA Supported by Over 70% of Holders of Secured and Unsecured Corporate Debt – Business Wire

COLUMBUS, Ohio–(BUSINESS WIRE)–Washington Prime Group Inc. (NYSE: WPG) today announced that it and certain of its subsidiaries have filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas (the Bankruptcy Court). The Company enters Chapter 11 after executing a…

SE Asia Report: Feeder prices hold above $4/kg – Beef Central

See Bahasa Indonesia translation/versi Bahasa Indonesia See Vietnamese translation 90th Edition: May 2021. Key Points Australian feeder steer prices remain above $4 per kg live. NACC, a major Aussie live exporter enters administration. Vietnam restarts live imports in May. Indonesia : Slaughter Steers AUD $4.59/kg live weight (Rp11,100 = $1AUD) Slaughter steer prices have firmed…