DebtRepayment

Vanke Secures $383 Million State Loan to Alleviate Debt Burden

2 months ago

In a significant financial maneuver to streamline its debts, Chinese real estate giant Vanke has successfully obtained a loan amounting to approximately $383 million from its state-owned stakeholder. This strategic funding aims primarily for debt repayment, which comes at a critical time for the company as the real estate sector in China faces considerable challenges amid shifting market conditions.

Tunisia Turns to Central Bank for Debt Repayment Amid Economic Struggles

5 months ago

Tunisia, grappling with severe economic challenges, is now seeking assistance from its central bank to help manage its mounting debt. As the country continues to confront a financial crisis characterized by soaring inflation and stagnant growth, the government is increasingly reliant on the central bank for support, which raises concerns about the broader implications for the country's economic stability.