Swedish textile recycler Renewell has plugged a looming liquidity crunch with nearly $10 million in short-term funding from investors and lenders, the company said Wednesday. …
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Lenders
Bankrupt Morphe Owner Acquired by Lenders for $690 Million
Forma Brands, the bankrupt owner of the Morphe makeup brand, reached an agreement with lenders Jefferies Finance LLC and Cerberus Capital Management to be acquired …
Revlon’s Bankruptcy Plan Would Wipe Out Stockholders, Hand Ownership to Lenders
Ronald Perelman’s Revlon Inc. will likely pursue a debt restructuring that hands ownership of the company to lenders and wipes out stockholders, according to an …
Asos Holds Talks With Lenders on Adding Restructuring Expert
Struggling online fashion retailer Asos Plc and its lenders are discussing whether to hire a restructuring expert following the departure of its chief financial officer. A number …
Asos Shares Drop on Talks With Lenders to Change Borrowing Terms
Asos shares fell sharply on Monday after the British online fashion retailer said it was in talks with lenders to change the terms of a …