Telefónica still maintains a debt of almost S/4,000 million with the Peruvian state, after this month Sunat was able to collect the S/746 million bail it owed for a trial won more than a year ago. However, both amounts have been reduced by an undetermined percentage due to the forgiveness of interest. In 2011, several […]
Tag: Debt
Telefónica will pay S/1,361 million and will split the rest of its debt with Peru
Following a final ruling by the Judiciary, issued in mid-January 2023, Telefónica del Perú reported that it will comply with the payment of S/1,361 million 673,962 to Sunat. This controversy has been going on for more than two decades over the Income Tax declaration for the fiscal years 2000 and 2001, and according to the […]
Debts in the financial system do prescribe: this is what the law says
Have you been registered with a risk center, such as Infocorp or Sentinel, for failing to pay your financial obligations on the established date? In case you have a debt that exceeds your current payment capacity, it is advisable to go to the corresponding financial institution to request a refinancing process. In private credit bureaus, […]
Country Garden: they file a liquidation request against the Chinese real estate company
A creditor submitted a liquidation request to the Hong Kong Justice against the indebted Chinese real estate giant Country Garden due to the non-payment of 1.6 billion Hong Kong dollars (US$204 million) of a loan, the developer reported today. In a statement sent to the Hong Kong Stock Exchange – where it is listed – […]
Venezuela collects debt of US$ 500 million for supplying oil to Haiti
The government of Venezuela reported this Friday that it collected a debt of US$ 500 million for the supply of oil to Haitiwithout clarifying when he sent these hydrocarbonsa the poorest nation in America or if the payment was made directly by this Caribbean country. In a statement, the Executive expressed its satisfaction with the […]
Biden says many Americans are in debt from student loans
President Joe Biden said Wednesday that while a college degree remains a ticket to a better life, that ticket often proves too expensive, and announced the forgiveness of student loans of the government of USA for almost 153,000 people. On a three-day campaign tour of California, Biden made the announcement as part of a new […]
Cemex issues sustainable stock certificates for US$ 322 million
The Mexican cemexone of the largest cement producers in the world, reported this Friday the issuance of long-term stock certificates related to sustainability for 5.5 billion Mexican pesos (about US$322.6 million). The settlement of the issued bond, with the HSCB bank as intermediary, is anticipated for next February 20 “and is subject to compliance with […]
IMF Mission arrives in Argentina to renegotiate debt financing
The government of the Argentine president Javier Milei will receive on Thursday a mission from International Monetary Fund (IMF) to renegotiate the payment agreement debt of some US$ 45,000 million that it considers to be inoperative. Presidential spokesman Manuel Adorni told reporters on Tuesday that the objective of the visit is to renegotiate the agreement […]
French Casino group advances in restructuring its debt
He French Casino distribution group closed a binding agreement with its main creditors on the restructuring of its debta long-awaited stage for his future, he announced this Thursday. Casino closed 2022 with a debt of 6.4 billion euros (US$ 6.83 billion at the current exchange rate) and, to reduce it, it also plans to sell […]
Indebted Chinese giant Evergrande wants to return to the stock market on Tuesday
The indebted Chinese real estate developer Evergrande indicated on Monday that it requested the resumption of trading on the Hong Kong stock market starting Tuesday, while its CEO, suspected of violating the law, is under police surveillance. The group’s listings were suspended on Thursday, but Evergrande requested its “resumption” starting Tuesday “October 3, 2023 at […]