Gol Settles Major Debts with Flexible Payment Plan Gol Linhas Aéreas will pay 880 million reais over 120 installments to resolve 5 billion reais in obligations without affecting its net financial debt.
Citgo Parent's Shares Auctioned for $21 Billion Debt Settlement Venezuela's Citgo parent company, PDV Holding, is auctioning shares to address $21 billion in claims. The sale aims to settle debt defaults and expropriation issues linked to PDVSA.
High Court Approves $3.59 Billion Settlement by Lims to HSBC and Liquidators The High Court has approved a $3.59 billion settlement agreement by the Lims to pay liquidators and HSBC Holdings Plc. This significant legal proceeding marks a crucial debt resolution step.