Debt Consolidation and Debt Restructuring Differentiated By National Debt Relief – Benzinga

Debt consolidation and debt restructuring are two separate debt repayment programs and National Debt Relief shares the difference between the two. The article titled “Debt Consolidation Vs. Debt Restructuring” and released August 14, 2017 takes a look at the distinct differences between the two to help consumers make better and informed decisions. New York, NY…

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SDRL – Amendments to Certain Credit Facilities to Insulate Seadrill Partners from Seadrill Limited’s Restructuring – Nasdaq

Hamilton, Bermuda, August 17, 2017 – Seadrill Limited (“SDRL or the Company”) announces today that it has completed amendments to three secured credit facilities that relate to rigs purchased by Seadrill Partners from the Company that will insulate Seadrill Partners from events of default related to the Company’s likely use of chapter 11…

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Prominent China debt bear warns of $6.8trn in hidden losses – The Australian Financial Review

by Gabriel Wildau One of the most influential analysts of China’s financial system believes that bad debt is $US6.8trn above official figures and warns that the government’s ability to enforce stability has allowed underlying problems to go unchecked. Charlene Chu built her reputation as China banking analyst at credit rating agency Fitch, where she was…

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Queensland building company in liquidation owing $3.5 million as insolvency experts warn more pain to come in … – SmartCompany.com.au

Liquidators are working to realise the assets of collapsed building company Queensland One Homes in the hope of recouping millions for creditors of the business, as insolvency experts say the east coast of Australia and the construction sector are areas to watch for company collapses. Queensland-based home builder Queensland One Homes Pty Ltd entered liquidation on…

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Wesfarmers profit up 28pc as coal and Bunnings counter weaker Coles – The Australian Financial Review

Wesfarmers increased its final dividend 26 per cent after underlying net profit rose 27.6 per cent to $2.87 billion in 2017, the strongest growth since 2009, as surging coal prices and market share gains at Bunnings countered weaker earnings at Coles. The result, which was marginally below consensus forecasts around $2.88 billion, highlighted the benefit…

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