DeniseWee
Stories by DeniseWee
Reverberations of probe into Indonesia’s Lippo felt in Singapore’s bond markets
Singapore dollar-denominated notes issued by First REIT, and those sold by OUE Ltd., controlled by the Riady family, have dropped as a liquidity crunc
Former Goldman banker seeks to bridge India lending gap after IL&FS defaults
SC Credit Fund, which lends to small- and mid-sized companies at 16-18%, has raised about $75 million from investors, according to Siddharth Bhargava,
Morgan Stanley-backed Abax aims to plug funding gap amid China’s shadow banking crackdown
The firm is among a handful of debt funds looking to profit as regulators crack down on China’s $10 trillion shadow banking industry.
Distressed debt investor Oaktree Capital says India may be growth engine in 3-5 years
Oaktree doesn’t have an onshore presence in India, and currently invests a “very, very small amount” in the nation.
Embattled Noble Group sued by top investor as it defaults on debt
Goldilocks Investment has filed a lawsuit in the Singapore High Court against Noble and its executives, alleging the trader inflated profits to raise
Noble races to reach deal with creditors ahead of March 20 deadline
The company said it was "very close" to reaching final terms on a restructuring deal with a so-called ad hoc group of largely hedge fund creditors.
Clause absolving legal action against Noble Group raises concerns
Noble's debt restructuring plan already faces opposition from a group of junior noteholders and Goldilocks Investment Co., its fifth largest sharehold
Ex-Lehman banker Wong sees opportunities in India’s bankruptcy overhaul
“The whole world is looking at India now,” said Wong. “It could be a once-in-a-lifetime opportunity.”
China’s debt-laden dealmakers including HNA attract interest of restructuring firms
HNA missed payments to several Chinese banks and its bond yields have in recent months traded at times at levels that are often considered distresse
TPG, Affinity Equity Partners-backed Global A&T files for bankruptcy
The chip-assembler listed debt of more than $1 billion and assets of over $500 million in Chapter 11 papers filed in U.S. Bankruptcy Court in New York
