Company updates
In this week’s company updates, Emeco completes its recapitalisation and mergers, we provide a factsheet for Novacare’s April 2033 bond and RWH Finance’s refinancing process has started
Company updates
In this week’s company updates, Emeco received Federal Court approval for its revised restructuring scheme, Genworth Australia’s issuer rating placed on outlook negative, we provide an updated 2017 research report for Genworth Financial, a new DirectBond from IAMGOLD and Mackay Sugar released further details of its debt reduction plan
Company updates
Emeco announced on 15 March 2017 that the Federal Court of Australia (Court) had, on the same day, approved the company’s revised restructuring scheme
Company updates
Reporting season is drawing to a close, but still we had eight Australian companies announce their 1H17 results over the week. Further, IMF Bentham has announced its expansion into Houston Texas and Mackay Sugar sought advice for its capital management and strategic direction
Company updates
Emeco Holdings Limited posted solid results for 1H17, driven by increased operating utilisation and ongoing cost reductions
Company updates
Emeco published a supplemental disclosure for its revised restructuring scheme on 23 February 2017
Company updates
Emeco announced a revised timeline for its creditors’ meeting, both Genworth Australia and Genworth Holdings Inc. posted multiple updates, IMF Bentham announced the establishment of a $200m US focused litigation funding vehicle, McPherson’s released their preliminary unaudited 1H17 results and NRW Holdings has been awarded a contract from Altura Mining Limited
Company updates
Emeco has announced its revised timeline to hold a creditors’ scheme meeting on 13 March 2017, to vote on the revised proposed recapitalisation and three way merger with Orionstone and Andy’s Earthmovers
Company updates
Company updates galore as BlueScope, Emeco and Sunland reported for the second quarter, we add Enviva and Talen Energy Supply to our USD DirectBonds list, Navient is downgraded by S&P, NCIG is placed on CreditWatch and Tesco announced they agreed to merge with Booker Group plc
Company updates
Dampier to Bunbury Natural Gas Pipeline placed on CreditWatch, Emeco announced it will hold a general meeting and Fortescue received a credit ratings upgrade