Looming debt default threat alarms Ukraine's creditors

/ Jun 12, 2015

Looming debt default threat alarms Ukraine's creditors

Ukraine’s biggest private creditors Thursday expressed alarm at the creeping pace of their negotiations with cash-strapped Kiev and its escalating threat of a partial debt default.The war-torn and economically ravaged former Soviet country is trying to reach an agreement with some of the world’s ...

Sep 28, 2013

Tepco to keep receiving ¥77 billion in bank loans after repayment deadline

Twenty-eight financial institutions will continue to extend ¥77 billion in loans to struggling Tokyo Electric Power Co. beyond the October repayment deadline, sources said Saturday.The refinancing is expected to stabilize Tepco’s management and advance its cleanup efforts at the crippled Fukushima No. 1 facility. ...