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Discover Latest #Restructuring News, Articles and Videos with Contenting
1. "DowDuPont Announces $3.3B Restructuring Plan to Cut Costs" - The Motley Fool, 2020 2. "Restructuring: What it is and How It's Used" - Investopedia, 2019 3. "The Basics of Corporate Restructuring" - The Balance, 2020 4. "The Impact of Corporate Restructuring on Employees" - Forbes, 2020 5. "Restructuring: What it Means for Investors" - Investopedia, 2020 6. "Restructuring: What it Means for Companies" - Investopedia, 2020 7. "Restructuring: What it Means for Shareholders" - Investopedia, 2020 8. "Restructuring: What it Means for Creditors" - Investopedia, 2020 9. "Restructuring: A Guide for Investors" - The Street, 2020 10. "Restructuring: What to Expect" - Investing Answers, 2020 11. "A Guide to Corporate Restructuring" - The Wall Street Journal, 2019 12. "Video:
Thai Airways Completes Business Rehabilitation, Aims for Stock Market Comeback - Thailand Business News
Thai Airways International Plc (THAI) has officially emerged from its court-supervised business rehabilitation program, concluding a four-year restructuring process that paves the way for a return to profitability and public trading.
DEMIRE bond 2019/2027: Initial rating B from Fitch - ForexTV
DEMIRE bond 2019/2027: Initial rating B from FitchLangen, 18 June 2025. Fitch Ratings has assigned DEMIRE Deutsche Mittelstand Real Estate AG (‘DEMIRE’; ISIN: DE000A0XFSF0) an issuer rating of ‘CCC+’ for the first time. Fitch Ratings has granted the bond (ISIN: DE000A2YPAK1) a ‘B’ rating due to the underlying collateral structure.The ratings reflect the assessment of DEMIRE's EUR 0.8 billion commercial portfolio. Following a debt restructuring supported by the main shareholder in the second half of 2024, DEMIRE aims to further reduce its outstanding bond debt. The bond, which is rated ‘B’ by Fitch Ratings, matures at the end of 2027.With a loan-to-value of around 35% at the end of 2024 as calculated by Fitch Ratings, DEMIRE's focus is on strengthening its rental and financial stability. From the agency's perspective, the debt relief measures initiated and the support of the main shareholders support DEMIRE's future financial recovery. The rating from Fitch Ratings is effective immediately and will be monitored on an ongoing basis and reviewed once a year.Tim Brückner, CFO of DEMIRE: "With Fitch Ratings, another rating agency besides Scope has given our bond a B rating. We are pleased about DEMIRE's increasing transparency for our investors and are endeavouring to further improve the rating wherever possible."End of press releaseAbout DEMIRE Deutsche Mittelstand Real Estate AGDEMIRE Deutsche Mittelstand Real Estate AG acquires and holds commercial properties in medium-sized cities and up-and-coming peripheral locations in metropolitan areas throughout Germany. The company's particular strength lies in realising real estate potential in these locations and focuses on an offering that is attractive to both international and regional tenants. As of 31 March 2025, DEMIRE had a real estate portfolio of 49 properties with a lettable area of around 594 thousand square metres. Taking into account the proportionately acquired Cielo property in Frankfurt/Main, the market value amounts to around EUR 1.0 billion. The portfolio's focus on office properties with an admixture of retail and hotel properties is appropriate for the risk/return structure of the commercial property segment. The Company attaches great importance to long-term contracts with solvent tenants and the realisation of potential and therefore continues to expect stable and sustainable rental income and solid value growth. DEMIRE's portfolio is to be significantly expanded in the medium term. In expanding the portfolio, DEMIRE will focus on FFO-strong assets with potential, while properties that do not conform to the strategy will continue to be sold in a targeted manner. DEMIRE will continue to develop its operations and processes with numerous measures. In addition to cost discipline, operating performance is being improved through an active asset and portfolio management approach.The shares of DEMIRE Deutsche Mittelstand Real Estate AG (ISIN: DE000A0XFSF0) are listed in the Prime Standard of the German Stock Exchange in Frankfurt.Contact: Julius StinauerHead of Investor Relations & Corporate FinanceT: +49 6103 372 49 44E: ir@demire.ag
The Block CEO Cermak is becoming its president - Talking Biz News
Larry Cermak, the CEO of cryptocurrency news site The Block, is becoming its president. Caleb Jessee, the chief revenue officer of The Block, is becoming its president. Cermak was head of research and data for five years before stepping in as CEO during a time of financial and operational difficulty. He led a comprehensive restructuring […]
SEC encourages EA bondholders to assert their rights at the forthcoming bondholders’ meeting - Thailand Business News
The SEC urges EA bondholders to review relevant information and attend the June 20, 2025, meeting to discuss key decisions on bond consolidation, maturity extensions, and restructuring options.
Wolfspeed plans US bankruptcy filing in deal reached with creditors
Wolfspeed raised going-concern doubts in May, as deepening economic uncertainty stemming from changing U.S. trade policies, combined with weakening demand, triggered a series of financial challenges. The restructuring agreement, reached with creditors and Renesas Electronics' U.S. subsidiary, would result in $275 million in fresh financing backed by some existing creditors and help reduce debt by $4.6 billion, Wolfspeed said in a statement. Wolfspeed plans to seek approval on its pre-packaged plan and subsequently emerge out of bankruptcy by the end of third quarter of the calendar year 2025.
Idorsia launches repurchase offer for its 2025 and 2028 convertible bonds - ForexTV
Ad hoc announcement pursuant to Art. 53 LR Allschwil, Switzerland – June 25, 2025Idorsia Ltd (SIX: IDIA) today announced the launch of the repurchase offer to the holders of its outstanding CHF 200 million convertible bonds maturing in 2025 (CB 2025; ISIN CH0426820350), and CHF 600 million convertible bonds maturing in 2028 (CB 2028; ISIN CH1128004079) (the Repurchase Offer). The Repurchase Offer is part of a larger holistic restructuring, as announced in a press release on February 26, 2025, and an update published on May 21, 2025. To date, bondholders holding approximately 87.5% of the aggregate nominal value of the CB 2025 and approximately 90.1% of the aggregate nominal value of the CB 2028 have entered a legally binding lockup agreement in support of the holistic restructuring, including the Repurchase Offer. Such bondholders have committed to participating in the Repurchase Offer and to tender their CB 2025 and/or CB 2028 holdings. The main offer period of the Repurchase Offer is expected to start on July 10, 2025, and end at 17:30 hrs CEST on August 7, 2025. The Repurchase Offer is subject to certain offer conditions, as set out in the repurchase notice in relation to the Repurchase Offer (such notice, together with the other Repurchase Offer documentation (if any), the Repurchase Offer Documentation). These include a minimum acceptance rate condition, whereby at least 85% of the total issued nominal value of the CB 2025 and the CB 2028 must be validly tendered by the end of the main offer period of the Repurchase Offer. Bondholders can access the Repurchase Offer Documentation, including further information and instructions at the following link: www.idorsia.com/exchange-offer. Bondholders can participate in the Repurchase Offer and tender their CB 2025 and/or CB 2028 holdings via Kroll Issuer Services Ltd (the Agent) at the following link: https://deals.is.kroll.com/idorsia. Under the same link, eligible bondholders can (i) also participate in the new money facility via our Agent and (ii) find the eligibility criteria for participating in the new money facility. Further details regarding the interaction between participation in the new money facility and the Repurchase Offer can be found in the Repurchase Offer Documentation. Notes to the editor and legal notes About IdorsiaIdorsia Ltd is reaching out for more – we have more passion for science, we see more opportunities, and we want to help more patients. The purpose of Idorsia is to challenge accepted medical paradigms, answering the questions that matter most. To achieve this, we will discover, develop, and commercialize transformative medicines – either with in-house capabilities or together with partners – and evolve Idorsia into a leading biopharmaceutical company, with a strong scientific core. Headquartered near Basel, Switzerland – a European biotech hub – Idorsia has a highly experienced team of dedicated professionals, covering all disciplines from bench to bedside; QUVIVIQ™ (daridorexant), a different kind of insomnia treatment with the potential to revolutionize this mounting public health concern; strong partners to maximize the value of our portfolio; a promising in-house development pipeline; and a specialized drug discovery engine focused on small-molecule drugs that can change the treatment paradigm for many patients. Idorsia is listed on the SIX Swiss Exchange (ticker symbol: IDIA). For further information, please contact:Investor & Media RelationsIdorsia Pharmaceuticals Ltd, Hegenheimermattweg 91, CH-4123 Allschwil+41 58 844 10 10investor.relations@idorsia.com – media.relations@idorsia.com – www.idorsia.com Legal Notice and InformationThe above information contains or may contain certain "forward-looking statements", relating to the company's business, which can be identified by the use of forward-looking terminology such as "estimates", "believes", "expects", "may", "are expected to", "will", "will continue", "should", "would be", "seeks", "pending" or "anticipates" or similar expressions, or by discussions of strategy, plans or intentions. Such statements include descriptions of the company's investment and research and development programs and anticipated expenditures in connection therewith, descriptions of new products expected to be introduced by the company and anticipated customer demand for such products and products in the company's existing portfolio. Such statements reflect the current views of the company with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the actual results, performance or achievements of the company to be materially different from any future results, performances or achievements that may be expressed or implied by such forward-looking statements. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated or expected. The information contained in this media release is for information purposes only and does not constitute, or form part of, an offer or invitation to purchase, sell, exchange or issue, or a solicitation of an offer to sell, purchase, exchange or subscribe to, any securities of Idorsia Ltd or Idorsia Investments SARL, including without limitation the CB 2025 and the CB 2028, or any other person, nor shall it form the basis of, or be relied upon in connection with, any contract therefor. This media release is not part of the Repurchase Offer Documentation in relation to the Repurchase Offer. Terms and conditions of the Repurchase Offer have been and/or will be published in the Repurchase Offer Documentation. Holders of CB 2025 and/or CB 2028 are urged to read the Repurchase Offer Documentation, which is and/or will be available at www.idorsia.com/exchange-offer. This media release is not a financial product or investment advice, nor is it a recommendation to acquire, exchange or dispose of securities or accounting, legal or tax advice. It has been prepared without taking into account the objectives, legal, financial or tax situation and needs of individuals. Before making any investment decision, individuals should read the Repurchase Offer Documentation and consider the appropriateness of the information having regard to their own objectives, legal, financial and tax situation and needs and seek legal, tax and other advice as appropriate for their individual needs and jurisdiction. Offer RestrictionsThis media release is only intended for distribution to non-U.S. persons (within the meaning of Regulation S under the U.S. Securities Act of 1933, as amended). This media release is not an offer to tender securities or an offer of securities. The Repurchase Offer is being made on the basis of the Repurchase Offer Documentation only and is subject to the restrictions described therein. The Repurchase Offer is not being made, and will not be made, directly or indirectly in or into, or by use of the mails of, or by any means or instrumentality of interstate or foreign commerce of, or of any facilities of a national securities exchange of, the United States. This includes, but is not limited to, facsimile transmission, electronic mail, telex, telephone, the internet and other forms of electronic communication. Attachment Press Release PDF
WISeSat Signs a Service Agreement with Astrocast to Allow Access to Astrocast’s Operational Satellite Constellation - ForexTV
FOR IMMEDIATE RELEASE WISeSat Signs a Service Agreement with Astrocast to Allow Access to Astrocast’s Operational Satellite Constellation Geneva, Switzerland – June 25, 2025 – WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, today announces that its subsidiary, WISeSat.Space, a provider of secure satellite communications and space infrastructure, signed a strategic collaboration agreement with Astrocast, a Swiss-based nanosatellite IoT network operator, under which WISeSat will be gaining access to the operational satellite constellation of Astrocast. This collaboration significantly expands WISeSat’s existing operational satellite connectivity as Astrocast operates one of the largest LEO satellite networks in Europe. This agreement marks a major step in WISeSat’s mission to build a fully sovereign and secure European space ecosystem, aligned with EU space autonomy goals and ambitions. The expanded constellation access will strengthen connectivity, resilience, and coverage for Internet of Things (IoT) and critical infrastructure services across Europe and other strategic global regions. Carlos Moreira, CEO of WISeKey and WISeSat.Space, stated: “This is a decisive moment for the future of secure space communications in Europe. By utilizing Astrocast’s operational constellation, WISeSat’s is not only expanding its orbital reach, but it is also reinforcing Europe’s strategic autonomy in space. This partnership allows us to deliver more robust, real-time, and cyber-secure satellite-based services across key industries and geographies. It’s a powerful example of how Swiss-led innovation can shape the future of a sovereign, digital Europe.” This service agreement with Astrocast will support WISeSat’s secure IoT and communication services, which are powered by WISeKey’s cybersecurity and digital identity technologies, and deployed across sectors such as agriculture, environmental monitoring, logistics, energy, and defense. Fabien Jordan, CEO of Astrocast, added: “After a very challenging period of restructuring, the Astrocast constellation remains very reliable. We are excited to make this unique network usable for WISeSat and to help them shape the future of secure European space related services. This partnership demonstrates the power of collaboration in advancing innovation and delivering high-value, satellite IoT solutions.” This agreement also paves the way for deeper cooperation in areas such as edge AI in space, post-quantum cryptography, and satellite cybersecurity, further cementing Europe’s leadership in next-generation space technology. About Astrocast Astrocast SA operates a global nanosatellite IoT network, enabling reliable and cost-effective connectivity for remote and underserved regions. With a strong focus on innovation, Astrocast’s technology supports a wide range of industrial and environmental applications. About WISeSat.Space WISeSat.Space, a subsidiary of WISeKey International Holding Ltd (SIX: WIHN, NASDAQ: WKEY), provides secure satellite infrastructure designed to support sovereign European communications, IoT services, and critical mission applications. Its constellation of small satellites ensures end-to-end security and data sovereignty across strategic sectors. About WISeKey WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions, and (v) SEALCOIN AG which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform.Each subsidiary contributes to WISeKey’s mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate into the comprehensive WISeKey platform. WISeKey secures digital identity ecosystems for individuals and objects using Blockchain, AI, and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. The company’s semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people. For more information on WISeKey’s strategic direction and its subsidiary companies, please visit www.wisekey.com. DisclaimerThis communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise. This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of the Swiss Financial Services Act (“FinSA”), the FinSa's predecessor legislation or advertising within the meaning of the FinSA. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.Press and Investor Contacts WISeKey International Holding LtdCompany Contact: Carlos MoreiraChairman & CEOTel: +41 22 594 3000info@wisekey.com Media ContactsWISeSat.Space – press@wisesat.spaceWISeKey Investor Relations (US) The Equity Group Inc.Lena CatiTel: +1 212 836-9611 lcati@theequitygroup.com
Migom Bank's Evidence-Based Recovery Strategy to Turn the Tides - TechBullion
After years of controversy, mismanagement, and operational and restructuring difficulties, Migom Bank is finally preparing for a potential recovery. 2025 could mark the end of one of the longest sagas in the banking sector. Migom Bank, once a promising neobank project based in Dominica, stopped operations on Feb. 29, 2024, after its customers complained about […]