Debt Management News Archive

11-Apr-2009

 

  • Debt offering to net BorgWarner Inc. about $362.2 million (Crain's Detroit Business)
    BorgWarner Inc. said Thursday it expects to net $362.2 million from its now-completed debt offering the company issued Monday.


  • Russian state bank takes over Dynamo Moscow for debt (Reuters via Yahoo! Philippines News)
    MOSCOW, April 10 (Reuters) - Russian state bank VTB took control of Dynamo Moscow, one of the country's oldest soccer clubs, which gave up its shares to the bank in exchange for debt forgiveness, VTB's chief said Friday.


  • Marty Whitman Buys American Distress (Forbes)
    Marty Whitman of Third Avenue Management sounds off on credit, distressed debt and regulation.


  • Chrysler Creditors Disagree on Treasury's Proposal to Cut Debt (Washington Post)
    A dispute has erupted involving the creditors of Chrysler who are negotiating with the federal government to reduce the beleaguered automaker's debt load.


  • (AFX UK Focus) 2009-04-10 14:47 Russian state bank takes over Dynamo Moscow for debt (Interactive Investor)
    MOSCOW, April 10 (Reuters) - Russian state bank VTB took control of Dynamo Moscow, one of the country's oldest soccer clubs, which gave up its shares to the bank in exchange for debt forgiveness, VTB's chief said Friday. VTB, Dynamo's longtime sponsor, had loaned an undisclosed sum to the club for reconstruction of its outdated ground, a cement structure dating back to the late 1920's. The ...


  • You can find easy money management (CNN)
    When Angela D'Arcy and her husband, Daniel, decided that they wanted to pay off debt and set up a budget, they did what seems to come naturally to many people researching a topic they don't know much about.



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