debt_restructuring

Venezuelan Poll: 84.9% Back PDVSA, Sovereign Debt Restructuring

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Venezuelan Poll: 84.9% Back PDVSA, Sovereign Debt Restructuring

Caracas – November 05, 2026 -- A Datanalisis survey found that 84.9% of Venezuelans support a comprehensive restructuring of the country's public debt, including the obligations of the Republic and state oil company PDVSA. The poll was commissioned by Capital Nacional, an initiative of the PDVSA Commercial Creditors Committee, which is itself a stakeholder in any restructuring.

Poll of 840 respondents carries a ±3.38% margin of error

Datanalisis polled 840 respondents nationwide through a market research panel from September 22 to October 2, 2026. The margin of error is ±3.38% at the 95% confidence level.

Respondents favor domestic oil companies and private financing

77% of respondents consider it appropriate for domestic oil companies to take a leading role in recovering and increasing oil production. 69.4% believe the private sector should finance the oil industry's growth and development.

XTI Aerospace Seeks to Restructure $4.5M Defaulted Seller Notes

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XTI Aerospace Seeks to Restructure $4.5M Defaulted Seller Notes

FORT LAUDERDALE – October 29, 2026 -- XTI Aerospace (Nasdaq: XTIA) has reached a non-binding agreement to restructure about $4.5 million in seller notes that went into default on October 11, 2026, extending maturity to September 30, 2028.

Notes tied to Drone Nerds and Anzu Robotics deals carry 8.5% interest

The notes were issued on November 10, 2025, in connection with the acquisitions of Drone Nerds, LLC and Anzu Robotics, LLC. The $4.5 million figure covers aggregate principal and capitalized interest still outstanding.

Under the non-binding term sheet, the notes will bear interest at 8.5% per annum, effective June 30, 2026, and amortize monthly over 60 months. A balloon payment of all remaining principal and accrued interest falls due on September 30, 2028.

JELD-WEN Offers 2031 First-Lien Notes at up to 11.5% in Debt Swap

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JELD-WEN Offers 2031 First-Lien Notes at up to 11.5% in Debt Swap

CHARLOTTE – October 29, 2026 -- JELD-WEN Holding, Inc. (NYSE: JELD) has launched an exchange offer that would swap its 4.875% Senior Notes due 2027 for new first lien senior secured notes due 2031 and raise up to $410.2 million in new money, with holders of about 94.5% of the old notes already committed to tender.

Backstop commitments cover 70% of the old notes

Holders representing roughly 70.0% of the old notes have committed to buy their agreed share of the up to $410.2 million in New Notes at $1,000 per $1,000 principal amount. The commitment covers any portion that other eligible holders do not subscribe for or fail to fund. The new money issuance shrinks dollar-for-dollar to the extent lenders holding Existing Term Loans decline to sell in a concurrent Dutch auction.

XTI Aerospace Posts $35.3M Q3 Revenue Amid Debt Restructuring Push

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XTI Aerospace Posts $35.3M Q3 Revenue Amid Debt Restructuring Push

FORT LAUDERDALE – October 29, 2026 -- XTI Aerospace (Nasdaq: XTIA) reported preliminary third-quarter revenue of $35.3 million, in line with its 2026 outlook of $125 million to $130 million. The company is still working to restructure its acquisition-related notes and cure defaults under its credit facility.

The figure is unaudited. It remains subject to quarter-end closing procedures and review by the company's independent registered public accounting firm, and actual results may differ materially.

Revenue rose about 9% sequentially on enterprise drone demand

Interim CEO Jeremy Schneiderman attributed the roughly 9% increase over the second quarter to enterprise drone solutions and a broader product range. The range covers public safety, government, energy, infrastructure, agriculture and commercial markets. Schneiderman also cited lower corporate overhead and reduced cash burn in the quarter as "progress on our plan."

S2 Capital Restructures $1.2B Loans Across 26 Multifamily Assets

Dallas – October 13, 2026 -- S2 Capital has completed loan modifications and refinancings on 26 multifamily assets carrying about $1.2 billion in loan balance, covering 8,223 units across seven markets.

S2 Capital ends foreclosure proceedings on 12 of 26 communities

Twelve of the 26 communities were subject to foreclosure proceedings. Those proceedings have been terminated in connection with the modifications.

The transactions extend maturity dates, revise pricing, and resolve existing defaults and near-term maturities. The Dallas-based investment manager said the changes let it concentrate on operating performance across the portfolio. The transactions were funded in connection with the initial closing of S2's continuation vehicle.

NEXT Properties Adds $450M Minimum Issuance Conditions to Bond Swap

Mexico City – October 13, 2026 -- NEXT Properties (Trust 2401) has amended its exchange offers for four series of outstanding notes, making each offer conditional on the issuance of at least US$450,000,000 in new notes, following feedback from large institutional holders.

NEXT Properties sets two US$450 million floors for new 2036 and 2056 notes

The exchange offers, launched on October 13, 2026, cover any and all of the Trust's 7.700% Senior Sustainability-Linked Notes due 2032, 7.375% Senior Green Notes due 2034, 6.950% Senior Notes due 2044 and 6.390% Senior Notes due 2050.

Holders of the 2032 and 2034 notes can exchange into new Senior Sustainability-Linked Notes due 2036. Holders of the 2044 and 2050 notes can exchange into new Senior Sustainability-Linked Notes due 2056.

Highlander Silver Completes Bear Creek Takeover, Settles Debt

Toronto – October 12, 2026 -- Highlander Silver Corp. (TSX: HSLV) has completed its plan of arrangement to acquire all shares of Bear Creek Mining Corporation (TSXV: BCM), issuing 36,225,457 of its own common shares and making Bear Creek a wholly owned subsidiary.

Highlander Silver pays 0.1175 of its shares for each Bear Creek share

Under the arrangement, completed under Division 5 of Part 9 of the Business Corporations Act (British Columbia), each Bear Creek share was exchanged for 0.1175 Highlander shares. Highlander acquired 308,302,938 Bear Creek shares in total. Immediately before closing it held 50,000,000 shares, or about 13.95% of the outstanding stock, and its stake now stands at 100%.

De Beers to Take Full Control of Gahcho Kué Mine as Mountain Province Restructures Debt

Toronto – October 01, 2026 -- Mountain Province Diamonds has signed a consensual restructuring agreement transferring its entire 49% stake in the Gahcho Kué diamond mine to De Beers Canada, eliminating all outstanding liabilities tied to the Northwest Territories operation.

De Beers assumes 100% ownership of Gahcho Kué mine

Under the deal, De Beers will acquire the 49% participating interest held by 2435386 Ontario Inc. (JVCo), Mountain Province's wholly owned subsidiary, in satisfaction of remaining reclamation payments and all other debts owed under the joint venture agreement dated March 18, 2025, and the payment and security agreement dated February 24, 2025. Once completed, De Beers will hold 100% of the participating interest in the mine, and Mountain Province will be unconditionally released from the specified debt, including accrued interest, under the joint venture arrangements, credit support agreements and related security documents.

JELD-WEN Secures Lender Deal to Push 2027, 2028 Debt to 2031

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JELD-WEN Secures Lender Deal to Push 2027, 2028 Debt to 2031

Charlotte, N.C. – September 29, 2026 -- JELD-WEN Holding, Inc. (NYSE: JELD) has entered into a commitment and consent letter with a significant group of lenders and noteholders to extend the maturities of its 4.875% Senior Notes due 2027 and its 2028 Term Loans to 2031, while raising $135 million in new money debt financing.

Nearly all 2027 noteholders and most 2028 lenders back the deal

The agreement covers approximately 94.5% of the 2027 Notes and approximately 72.2% of the 2028 Term Loans. Under the arrangement, the existing debt will be refinanced and/or exchanged for new first-lien debt maturing in 2031.

Exchange offers to launch within weeks

JELD-WEN said it intends to commence exchange offers to holders of the 2027 Notes and 2028 Term Loans in the coming weeks to implement the transactions.

Sabre Financial Secures 90% Tender for Debt, Sets Redemption

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Sabre Financial Secures 90% Tender for Debt, Sets Redemption

Southlake, Texas – September 26, 2026 -- Sabre Corporation (Nasdaq: SABR) disclosed that its indirect subsidiary, Sabre Financial Borrower, LLC, has secured tenders exceeding 90% of the aggregate principal amount outstanding on its targeted securities as of the September 26, 2026 early tender deadline, clearing the threshold required to force redemption of the remaining debt.

Over 90% acceptance triggers mandatory redemption of holdout bonds

Because more than 90% of the outstanding principal was validly tendered under the terms of the Indenture, Sabre Financial intends to issue a notice of redemption covering any securities that remain outstanding after the early settlement. The redemption price will match the Total Consideration offered in the tender, plus accrued and unpaid interest, with the redemption date expected on September 26, 2026.