His passion for helping the underprivileged led him to create Aravind Eye Care, a sustainable and replicable solution that has benefited many. Founded in 1976 with 11 beds, Aravind Eye Hospital ...

U.S. companies have been engaging in liability management exercises, or LMEs, that raise fresh capital and extend debt maturities while avoiding the expense of chapter 11. A wave of LMEs in recent ...

The private-equity firms and wealthy individuals who own most of the companies call the deals “liability management exercises,” or LMEs. Debt investors call them “creditor-on-creditor ...