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 ...

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 ...

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 ...

(Reuters) - Asset managers T. Rowe Price and Columbia Threadneedle are pushing back against private equity firms that pursued aggressive debt raises in a practice that hurt high-yield debt ...