News by subject: RCN

Libbey Inc. ("Libbey" or the "Company"), one of the world's largest glass tableware manufacturers, filed an Amended Plan of Reorganization (the "Plan") and a related Disclosure Statement today in the U.S. Bankruptcy Court for the District of...

An Ad-Hoc Committee of Secured Bondholders (the "AHC") of the Province of Neuquén (the "Province"), which is comprised of institutional investors holding over 25% of the Province's outstanding US$338,231,240 Secured 8.625% Notes due 2028 (the...

Grupo Aeroméxico, S.A.B. de C.V. ("Aeromexico" or the "Company") (BMV: AEROMEX) reports that the DIP Financing Motion was filed today before H. Judge Shelley C. Chapman of the United States Bankruptcy Court for the Southern District of New York (the...

Redwood Green Corp. (the "Company") today announced changes to its Board of Directors, reflecting an anticipated change in corporate strategy. The Company intends to withdraw from the cannabis industry and to examine opportunities that may be...

OXE Marine AB has resolved to initiate a cooperation with Parsun, the largest Chinese outboard engine manufacturer. The cooperation covers the Chinese market where Parsun have entered into a distribution agreement with OXE Marine AB as the first step...

Jonathan DeYoe, President & CEO of DeYoe Wealth Management and author of "Mindful Money: Simple Practices for Reaching Your Financial Goals and Increasing Your Happiness Dividend", announced that the company has officially changed its name as of...

Revisions to Interim Order protect the procedural and substantive rights of affected stakeholders on the proposed solicitation process and ability to raise issues at the ultimate fairness hearing, should Calfrac proceed with the Initial Management...

PPL Corporation announced today that it is initiating a formal process to sell its U.K. utility business in order to position PPL as a purely U.S.-focused utility holding company and create additional shareowner value. The decision to proceed with...

Calfrac Well Services Ltd. ("Calfrac" or the "Company") announces that it has obtained an interim order in connection with the  Company's previously announced recapitalization transaction (the "Recapitalization Transaction") to be implemented...

In an effort to operate in a more efficient and effective manner and better serve customers, Postmaster General Louis DeJoy today announced a modified organizational structure for the U.S. Postal Service....

XLCS Partners, Inc., a leading middle market investment bank, is pleased to announce it served as exclusive advisor to Metal Finishing Technologies, LLC (MFT) in its recapitalization by Battle Investment Group....

iAnthus Capital Holdings, Inc. ("iAnthus" or the "Company") , , which owns, operates, and partners with regulated cannabis operations across the United States, announced today that the Supreme Court of British Columbia (the "Court") has issued an...

As a part of the on-going strategic review, the Fagerhult Group investigates different exit options for its South African business, Lighting Innovations Africa. Lighting Innovations is one of the main domestic manufacturers of professional lighting...

Reitmans (Canada) Limited (the "Company") today announced that it is streamlining its senior leadership team by abolishing the position of President, RW&CO., held by Lora Tisi. As a result, Ms. Tisi will be leaving the Company effective today, August...

FastTrack Automated Solutions & Services for the Life and Disability Insurance Vertical invites everyone to experience its all-new website and revamped brand direction at FastTrackRTW.com. In an effort to showcase its unique automation technology and...

Venado Technologies announced today the official renaming of its company to Skyllful. The new name reflects the company's focus on the critical role of training in successful strategies for workforce adoption of mobile technology. The company,...

Reference is made to the release on July 17, 2020, where Aker Solutions announced its intention to spin off the company's offshore wind development and carbon capture businesses into two separate companies. The two companies, Aker Offshore Wind...

Fieldex Exploration Inc. ("Fieldex" or the "Company") is pleased to announce it has changed its name to "Fokus Mining Corporation / Corporation Minière Fokus" and that its new trading symbol will be "FKM". The name change will be effective on the...

Momentive Performance Materials Inc. today outlined a series of steps to accelerate its global transition from commodity basics chemicals to specialty silicones ? actions that will focus the company's strengths and expertise on advanced technologies....

Calfrac Well Services Ltd. ("Calfrac" or the "Company") acknowledges today's announcement by Wilks Brothers, LLC ("Wilks Brothers") that Wilks Brothers has submitted an alternative recapitalization proposal for consideration by Calfrac's Board of...

Tottenham Acquisition I Limited , a special purpose acquisition company, announced today that Norwich Investment Limited, the Company's initial public offering sponsor ("Norwich"), has deposited into the Company's trust account (the "Trust Account")...

The Ad Hoc Group of Argentina Exchange Bondholders (the "Exchange Bondholder Group") confirms its support of the debt restructuring proposal announced by The Republic of Argentina on August 4, 2020.  This proposal also has the support of the Ad Hoc...

After 43 years in the industry, salon and spa icon Mario Tricoci announced today the rebrand of "Mario Tricoci" to "Tricoci". Since 1977, Mario Tricoci continues to redefine beauty standards, seeking out innovative ways to deliver the ultimate...

Wilks Brothers, LLC ("Wilks"), a significant, long-term shareholder and debtholder of Calfrac Well Services Ltd. ("Calfrac" or the "Company") announces that, further to Calfrac's announced recapitalization transaction (the "Initial Management...

A global leader in online multi-asset trading services, OANDA has rebranded its currency data and analytics business as Foreign Exchange Data Services, further articulating the firm's position as one of the world's most credible providers of FX data....

FR TNT Holdings LLC and certain of its affiliates ("TNT" or the "Company") announced today that they have entered into a restructuring support agreement (the "RSA") with holders of more than 73% in principal amount of the Company's first lien secured...

Nearly four months after global boutique Swedish design and stationery brand kikki.K entered voluntary administration, U.S.-based lifestyle products company EC Design, parent company of Erin Condren, acquired the Australian-based brand on July 30,...

Northwest Plan Services, Inc., an independent provider of retirement plan recordkeeping, consulting, actuarial and administration services, today announced a rebrand to NWPS. The rebranding comes after several successful and significant acquisitions...

Associated Materials (the "Company" or "AMI"), a North American manufacturer and distributor of exterior building products with over $1.3 billion in annual sales, today announced it has entered into definitive agreements for a series of...

Laura's Shoppe (P.V.) Inc. ("Laura") announced today that it requested and was granted an Initial Order pursuant to the Companies' Creditors Arrangement Act ("CCAA") by the Superior Court of Quebec. The proceedings under the CCAA will afford Laura an...

Noble Corporation plc ("Noble" or "the Company") today announced that it has entered into a restructuring support agreement (the "Agreement") with two ad hoc groups of the largest holders of the Company's outstanding bond debt regarding a consensual...

SNC-Lavalin Group Inc. announces it is transforming its Resources Business to focus on a Services offering in a limited number of existing primary markets, that complement the Company's broader engineering services capabilities and strategy, which...

Stikeman Elliott is pleased to announce that Karen Fellowes, Q.C. has joined the firm as the Western Canadian Leader for its National Restructuring & Insolvency Group. This award-winning group has built its reputation as a leader in the sector by...

SAP National Security Services, Inc. (SAP NS2®), a U.S. based independent subsidiary of SAP, today announced the news of its rebranding on the FedRAMP Marketplace to SAP NS2 Cloud Intelligent Enterprise, which also includes a new JAB approved service...

WindRose Health Investors, LLC ("WindRose"), the New York-based healthcare private equity firm, announced that it has completed the recapitalization of Caregiver Inc. ("Caregiver" or the "Company"), a leading provider of long-term care services and...

Global financial institutions representing 60% of the outstanding Exchange Bonds and 51% of the outstanding Global Bonds of Argentina's debt have collectively endorsed the below letter, sent to Minister Guzmán today, pledging their support for the...

The Ministry of Economy and Finance of the Republic of Ecuador wishes to address certain press reports regarding its invitation to holders of its eligible bonds to restructure its outstanding debt announced on July 20, 2020.  Certain press reports...

 NFI Group Inc. ("NFI" or the "Company"), one of the world's leading independent bus and motor coach manufacturers, today announced "NFI Forward", a transformational initiative expected to generate more than $75 million in annualized cost savings by...

Ascena Retail Group, Inc. ("ascena" or the "Company"), a leading national specialty retailer for women's and girls' apparel, and SB360 Capital Partners, one of North America's leading asset disposition specialists, today announced the commencement...

The Franke Group is bundling its strengths in the segments of food preparation, cooking and exhaust air purification for domestic kitchens, and is gradually merging its Faber Hoods & Cooking Systems and Franke Kitchen Systems divisions with immediate...

Pyxus International, Inc. ("Pyxus" or "the Company") , a global value-added agricultural company, announced today that on July 20, 2020, the Prepackaged Plan of Reorganization of Pyxus International, Inc. and its Affiliated Debtors (the "Prepackaged...

The Ministry of Economy and  Finance of the Republic of Ecuador wishes to address the positions taken by a "Steering Committee" comprised of Amundi (UK) Limited, Contrarian Capital Management LLC, Grantham Mayo Van Otterloo & Co., and T Rowe Price...

As one of many steps in refocusing itself into a premier provider of leasing and repair services following a sale of its manufacturing business last year, the Company today unveiled its new name and brand:...

CARBO Ceramics Inc. ("CARBO" or "the Company") announces that it has emerged from Chapter 11 bankruptcy protection. This marks the successful and expeditious completion of CARBO's financial restructuring process along with the implementation of the...

Flowers Foods, Inc. , producer of Nature's Own, Dave's Killer Bread, Wonder, Tastykake, and other bakery foods, today announced organizational structure changes designed to increase focus on brand growth, product innovation, and improving cake...

Meridian Mining SE ("Meridian" or the "Company") is pleased to announce that it has issued 11,869,142 common shares for the repayment of C$16,669,531 of Company debt. 5,958,540 common shares have been issued to Sentient Global Resource Fund IV L.P...

Briggs & Stratton Corporation , a recognized global leader in providing power to get work done, today announced it has entered into a definitive stock and asset purchase agreement with KPS Capital Partners, LP (KPS), which has more than a 20-year...

BJ Services, LLC, (collectively with certain of its affiliates, "BJ Services" or the "Company"), a leading provider of hydraulic fracturing and cementing services to upstream oil and gas companies engaged in the exploration and production (E&P) of...

Bruin E&P Partners, LLC and its subsidiaries ("Bruin" or the "Company"), an exploration and production company with assets in the Williston Basin, North Dakota, today announced that it has the support of more than two-thirds of all its funded debt...

Indianapolis-based Thompson Thrift, a full?service nationally recognized real estate company, today announced the official launch of its new corporate branding that includes a redesigned logo and website. The revamped site brings together content...