Guosen Securities denies bond default

China's eighth largest investment bank, Guosen Securities, has clarified on behalf of its unit that there's no default on its offshore debt. The trustee of the offshore bond Bank of New York Mellon (BNY) had earlier warned bondholders of a possible default.

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Creditors of bankrupt Brazilian bank Banco Cruzeiro do Sul propose debt-to-equity swap

In an attempt to get their money back faster, creditors of Brazil-based Banco Cruzeiro do Sul, are looking for a debt-to-equity swap on an unsecured debt valued at 2.3 billion, Bloomberg reported.

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OSX Brazil bondholders to work with AlixPartners on OSX claim

Eike Bautista's OSX Brazil is to discuss details with last bankrupt employees since this whole morning.

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ECB head Mario Draghi seeks protection for bondholders

Bondholders were sought protected by Mario Draghi through the European Central Bank.

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Winsway Coking Coal Holdings buy back bonds at 32.5% value

After a Moody's advisory, Winsway was able to leverage a buyback of its bonds at a third of its original value.

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To avoid bankruptcy, OGX Petroleo may seek more cash from bondholders

OGX Petroleo, Eike Batista's flagship company, may seek more financial assistance from bondholders to avoid seeking bankruptcy protection.

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Punch Tavern Seeking To Restructure Debt

Punch Tavern's bondholders rejected the latest proposal for debt restructuring.

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