Country Garden, the prominent Chinese property developer (2007.HK), has recently captured the attention of market analysts and industry experts amid turbulent global economic conditions. The announcement of a restructuring support agreement with key bondholders, coupled with imminent negotiations with a group of banking creditors, marks a significant turning point for the company. Following its offshore debt default at the end of 2023, the developer is now on a mission to reduce its liabilities by an astounding 78%, amounting to roughly 14.1 billion dollars.

Italian auto parts manufacturer CLN-Coils Lamiere Nastri SpA is in the spotlight following recent reports about its negotiations with Stellantis NV. Amid a challenging financial landscape, CLN is taking steps to reduce its debt and improve its financial standing. This situation may have significant repercussions for both the company’s assets and Stellantis' stock.

Ford Motor Co. has decided to pay off a significant portion of the debt of its German subsidiary, Ford Werke, amid growing financial difficulties. The American automotive manufacturer plans to allocate up to €4.4 billion (approximately $4.8 billion) to reduce its debt, which stands at €5 billion, to a more manageable level.

Star Entertainment Group Ltd. $SGR.AX is facing significant financial challenges and is exploring options to address its liquidity issues. Alternative asset management firm Oaktree Capital Management $OAK-PB has proposed refinancing the Australian casino operator's debt amounting to $650 million. This offer could provide the necessary financial support, but its execution hinges on meeting several conditions.