By: Cindy Bempong ODAMEAt the height of Ghana’s economic crisis in 2022, a grim reality loomed—debt had become an unbearable ...

Among banks of all sizes, 1,788 have total CRE exposure greater than 300%, up from 1,697 during the third quarter. Nearly ...

Economists Martín Guzmán and Joseph Stiglitz explain how state-level changes can assist the 3.3 billion people living in countries that spend more on debt service than health care.

The Finance Minister, Dr Cassiel Ato Forson, has provided an update on the government’s ongoing debt restructuring efforts, ...

Spirit Airlines parent Spirit Aviation Holdings said on Wednesday that the low-cost carrier has successfully completed its ...

Telecommunications company Mitel Networks Corp filed for Chapter 11 bankruptcy protection in Texas late Sunday, seeking to ...

The E.W. Scripps Co. ended 2024 with leverage of about 6.9x and faces limited ability to deleverage over the next few years due to pressures facing linear television. The company has been pursuing ...

is preparing to engage with creditors to explore options including a potential bankruptcy filing over its roughly $8.5 billion in debt, according to people familiar with the matter. The company ...

The Minister of Finance, Dr. Cassiel Ato Forson, has stated that the government’s debt restructuring process is nearly complete.

Spirit Airlines has successfully exited Chapter 11 restructuring, having gained “significantly less debt and greater ...

Budget airline Spirit, which filed for bankruptcy in November after months of difficulties, announced Thursday it had ...

Spirit Airlines emerged from bankruptcy protection Wednesday with “significantly less debt and greater financial flexibility, ...