Lianting Tu

India’s pile of $210b bad debt lures global fund managers chasing returns

Canada’s CDPQ, Hong Kong-based SSG Capital Management Ltd, Oaktree Capital and Varde Partners are keen to participate in the fledgling market.

Noble signs restructuring deal with senior creditors, slashing debt

The ad hoc group of creditors that signed a binding restructuring support agreement represents 46 percent of the senior debt.

Clearwater Capital says allocating more money into Indian distressed debt

A $2 billion bank fraud at Punjab National Bank (PNB) and rising bankruptcy cases have rocked the South Asian nation this year.

Noble Group reaches restructuring deal with creditors: Debtwire Report

This paves the way for an investor to take a controlling stake in the company.

Tencent sells $5b bond, drawing comparisons to Alibaba

This is Tencent’s biggest US dollar offering and the first time its issued debt since 2015.

Noble Group faces 11th hour oil-unit sale as stock is halted

The stock was halted at 38 Singapore cents, 2.6 percent lower, after the Hong Kong-based company’s announcement, which was released just after midday in the city-state.

Zombies propped up as China’s debt swaps surpass $100b

Concerns are rising that undeserving companies are benefiting while households are getting saddled with risks.

Singapore: Noble Group lifeline depends on bank support for $2b loan

Mitsubishi UFJ Financial Group Inc. is said to be arranging the credit facility

India: Temasek-backed film producer Eros seeks dollar debt as maturities loom

The co traveled to Hong Kong, London and Singapore for the fundraising,

Biggest US takeover in China in decade hangs on board spat

A boardroom battle drags on at Yingde Gases Group Co.