Light Gains U.K. Creditor Approval for Debt Restructuring, Stock Rises

Brazilian energy company Light SA (LIGT3) has secured a crucial win in its debt restructuring efforts. The company’s bondholders approved a “scheme of arrangement” in the United Kingdom on Thursday, October 17, 2024. Light announced this positive outcome in a statement released the following day. An overwhelming 99.4% of Light’s international creditors voted in favor […]

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