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NII Holdings, creditors reach revised restructuring deal

2015-03-09 01:00:00| Total Telecom industry news

LatAm-focused telco to get $350 million to fund company until it completes Nextel Mexico sale.

Tags: deal reach revised holdings

 

NIi Holdings reaches debt restructuring agreement

2015-03-06 14:43:00| Telecompaper Headlines

(Telecompaper) Latin American mobile operator NII Holdings announced that the mobile operator reached an agreement with the holders of over 70 percent of the senior notes issued by each of NII Capital Corp and NII International Telecom, and the official committee of unsecured creditors regarding the terms of a revised plan of reorganisation to be implemented in the group's Chapter 11 cases. The new agreement replaces that entered into on 24 November 2014, which was terminated following the agreement in January to sell Nextel Mexico to AT&T. Under the terms of the revised plan, NII Holdings will implement a consensual reorganisation of the NII debtors following the completion of the proposed sale of the company's operations in Mexico.

Tags: agreement debt holdings reaches

 
 

China pledges to boost clean energy, industrial restructuring

2015-03-05 05:01:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: China's top state planning agency pledged on Thursday to accelerate policies to promote cleaner and renewable sources of energy and tackle overcapacity in polluting industrial sectors. China is trying to strike a balance between improving its environment, suffering from more than three decades of breakneck growth, and keeping its economy running at the pace required to maintain employment and stability. The National Development and Reform Commision (NDRC) in its annual report published at the...

Tags: china industrial energy clean

 

American Eagle in management restructuring

2015-03-04 10:33:00| Daily apparel & textile news and comment - from just-style.com

Teen apparel retailer American Eagle Outfitters has implemented a new management structure with the naming of two global brand presidents.

Tags: management american eagle restructuring

 

American Eagle names new global brand presidents as part of management restructuring

2015-03-04 06:39:51| Apparel - Topix.net

American Eagle Outfitters Inc. has established a new title to oversee its two major business lines, its flagship American Eagle brand and Aerie, its women's intimate clothing concept. The company, which has yet to name a new CEO to replace Robert Hanson , who was fired in early 2014, indicated the two global brand presidents will be responsible for all brand design and merchandising functions.

Tags: part management american global

 

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