* Pacific provides an update on status of its restructuring transaction
NEW YORK, Oct 21 Puerto Rico's financial oversight board on Friday said litigation brought by creditors against the U.S. territory should remain on pause while the island works to resolve $70 billion of debt its government has said it cannot pay.
* Midstates Petroleum Company Inc - Midstates' new capital structure consists of a $170 million first lien revolving credit facility maturing in 2020.
* Omnitrax logistics services acquires assets of terracor group
NEW YORK, Oct 21 A group of SunEdison Inc lenders took control of the renewable energy developer after inking a "sweetheart deal" to try to save their investment as the company approached bankruptcy, hurting other creditors, according to a lawsuit filed late Thursday in U.S. bankruptcy court.
NEW YORK, Oct 21 (IFR) - When private equity firm KKR & Co set its sights on a small Midwestern retailer in late 2015, it turned to some of the largest banks on Wall Street to obtain debt financing for the acquisition. It found no takers.
* Jes international- "barring filing of bankruptcy of vendors and any unforeseen circumstances, company is confident of recovering prepayment"
* Received a notice from db international trust (singapore) limited, in its capacity as notes trustee
SEOUL, Oct 21 Hanjin Shipping Co Ltd is in talks to sell its stake in the Long Beach Terminal in California to Geneva-based Mediterranean Shipping Company S.A. (MSC), a spokesman for the Seoul court overseeing the shipper's receivership said on Friday.
SEOUL, Oct 21 Hanjin Shipping Co Ltd chose an advisor to seek a potential sale of its stake in Long Beach Terminal, a spokeswoman said on Friday.
- M&A: UPDATE 1-Oceanwide to buy U.S. insurer Genworth for $2.7 bln, extends Chinese M&A push
- IPOs: UPDATE 3-Rockwell broadens its reach with $6.4 bln purchase of B/E Aerospace
- Private Capital: Berkshire Partners nears deal to acquire Masergy -sources
- Hedge Funds: Rise in assets, acquisition and buyback boost Man shares
- Regulatory News: U.S. banks add pieces to new instant payments network
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