Tag Archives: missing

Cameroon says no missing girls among freed Boko Haram hostages

YAOUNDE Cameroon stated on Monday that schoolgirls kidnapped by Islamist militant group Boko Haram final year had been not among a group of 900 hostages liberated by the West African country’s army.

Final week’s hostage release raised hopes that some of the girls may be amongst the group. The army also stated it killed at least 100 Boko Haram fighters in the operation as it seeks to strike back soon after a series of attacks, not least in its Far North region.

“The individuals that have been freed are just villagers. The schoolgirls who are missing are not amongst the group,” Information Minister Issa Tchiroma Bakari told Reuters by phone.

The freed hostages were driven in crowded open-topped trucks to the town of Maroua in the Far North at the weekend and provided food help and water by regional officials, Reuters television photographs showed.

Boko Haram seized around 200 schoolgirls in April 2014 from their dormitories in the town of Chibok, northeastern Nigeria, about 50 km (30 miles) west of the border with Cameroon. The kidnapping stirred international outrage.

Efforts to track them down have proved fruitless, in component simply because they have probably been split up into modest groups and settled with families in villages across a wider region of terrain, according to analysts.

Cameroon is component of an eight,700-powerful activity force which includes troops from Chad, Niger, Nigeria and Benin that has pledged to destroy Boko Haram, which though based mainly in Nigeria has become a significant threat to wider regional safety.

Suicide bombings, usually carried out by young women recruited by the militant group, are becoming nearly day-to-day occurrences in the Far North. The government denies that Boko Haram holds any territory in Cameroon.

(Reporting by Sophia Shadid Writing by Matthew Mpoke Bigg Editing by Mark Heinrich)

Agen Sabung Ayam

ICA enters grace period following missing coupon

 

NEW YORK, Nov 30 (IFR) – Mexican infrastructure firm Empresas ICA is getting into a 30-day grace period soon after failing to pay a US$ 31m coupon due on Sunday on its outstanding 8.875% 2024s.

 

“Below the terms of the indenture governing the 2024 Notes, the use of the 30-day grace period does not outcome in an event of default,” the business said in a statement on Monday.

 

The bonds were currently trading at distressed levels of about 25.5 on Monday right after ICA said in late October that it had hired Rothschild Mexico as a monetary advisor to improve liquidity and reduce leverage.

 

At the time, it mentioned it had no plans to suspend payments or declare bankruptcy.

 

In early November, Moody’s downgraded the credit to B3 from B2, with a adverse outlook, citing higher leverage, modest interest coverage and tight liquidity.

 

“As of September 30 2015, ICA’s fully consolidated gross leverage (which includes non-recourse debt and Moody’s regular adjustments) of 9. instances is high for the B rating category,” the agency said at the time.

 

With around 53% of its debt denominated in US dollars, the firm has been hit by the dramatic decline in the value of the peso this year, Moody’s mentioned.

 

Year-to-date the pesos has dropped about 11% against the dollar. (Reporting By Paul Kilby editing by Shankar Ramakrishnan)