Brazilian retailer Americanas SA owes a variety of creditors around $8 billion, a Rio de Janeiro court said on Wednesday, providing the most detailed picture yet of the banks and other groups exposed to the company's bankruptcy.
People walk in front of a Lojas Americanas store in Brasilia, Brazil January 12, 2023. REUTERS/Ueslei Marcelino/File Photoowes a variety of creditors around $8 billion, a Rio de Janeiro court said on Wednesday, providing the most detailed picture yet of the banks and other groups exposed to the company's bankruptcy.last week after disclosing "inconsistencies" in its accounting, leading top investors such as BlackRock and Capital Group to scale back their positions in the firm.
The list provided on Wednesday includes roughly 41.2 billion reais in debt, according to the court, which initially did not disclose the names of the creditors. Later, however, Americanas revealed the full list of 7,720 creditors in a securities filing, ranging from small debts with individuals and cities to multibillion-reais debts with banks.topped the list of creditors originally disclosed by Americanas with $1 billion, but the German lender later said it had no exposure to the retailer and would not be affected by its bankruptcy.
"Deutsche Bank is not affected as it neither has a lending relationship nor any credit exposure to the company in question," it said in an emailed statement. A source familiar with the situation said Deutsche Bank instead acted as trustee for two bonds of $500 million each guaranteed by Americanas.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Brazilian retailer Americanas reports 7,720 creditors, $8 bln in debtBrazilian retailer Americanas SA reported 7,720 creditors and debt totaling nearly $8 billion within its restructuring process, a Rio de Janeiro court said on Wednesday.
Les mer »
Bankrupt crypto lender Genesis optimistic it can resolve creditor disputesA lawyer for the bankrupt Genesis Global Capital said on Monday that the cryptocurrency lender had some confidence it could resolve its disputes with creditors this week, with a goal of emerging from Chapter 11 by late May.
Les mer »
Bankrupt BlockFi to Sell $160M in Bitcoin Mining Hardware Loans: ReportThe bankrupt crypto mining lender BlockFi plans to sell loans linked to Bitcoin mining machine purchases.
Les mer »
Mattress maker Serta Simmons goes bankruptSerta Simmons Bedding, the Georgia-based mattress maker owned by private equity firm Advent International, has filed for Chapter 11 bankruptcy protection.
Les mer »
Exclusive Lacuna Trailer Previews Brazilian Horror MovieComingSoon is debuting an exclusive Lacuna trailer for the Rodrigo Lages-directed horror movie.
Les mer »
George Santos alleges he suffered an 'assassination attempt' in interview with Brazilian podcaster: reportGeorge Santos, who admitted to 'embellishments' on his resume, reportedly told a Brazilian podcaster last month he suffered an 'assassination attempt' and needed police protection.
Les mer »