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Canacol in Talks for Short-Term Loan as Restructuring Looms
MINT· 2025-12-05 21:02
(Bloomberg) -- Canacol Energy Ltd. is looking to negotiate a short-term loan from its creditors as it works to restructure its debt before its cash reserves run dry, people familiar with the matter said.The Canadian company, which is Colombia’s top private gas producer, is in talks over so-called debtor-in-possession financing, said the people, who declined to be name as the talks are not yet public.Canacol needs to conclude the deal quickly as output falls and losses mount, but such a loan may create a rif ...
X @Bloomberg
Bloomberg· 2025-08-28 20:45
Ssense, a Montreal-based retailer that sells designer fashion, is on the verge of a creditor protection filing in Canada, according to sources https://t.co/MA5PjQFgAO ...