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is preparing to kick off talks with lenders over at least $1.7 billion in debt that currently trades at distressed levels, its chief executive officer said. “We will need to go back to the ...

Distressed assets in the banking sector have reached a whooping Tk 6,75,030 crore, an amount bigger than the cost of building 22 bridges across the Padma or 13.5 metro rail systems in Dhaka ...

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A bank-assisted sale (sometimes called a ‘distressed’ sale) comes about when a property owner runs into financial difficulties and approaches their bond provider for assistance. If they agree that ...