Debt Management News Archive

13-Dec-2008

 

  • Treasury Studying ?Novel Approaches? to Sell Debt (Update2) (Bloomberg)
    Dec. 10 (Bloomberg) -- The U.S may introduce new financing methods to sell a record amount of debt needed to pay for as much as $2 trillion in borrowing needs this year, Treasury?s debt-management chief said.


  • Moody's downgrades Nuveen in face of pressure on profits (Chicago Tribune)
    Moody's Investors Service downgraded the debt of Nuveen Investments Inc., saying the recent stock-market decline, which has sharply reduced Nuveen's assets under management, has placed the Chicago investment-management concern's profits under pressure.


  • National debt to reach ?78bn by 2011 (Irish Examiner)
    THE national debt is heading inexorably towards a record ?78 billion over the next three years, figures released by the National Treasury Management Agency (NTMA) yesterday reveal.


  • Fed buys $3 billion of Fannie, Freddie, FHLB debt (The Forex Market)
    NEW YORK, Dec 12 (Reuters) - The Federal Reserve bought $3 billion of Fannie Mae_, Freddie Mac and Federal Home Loan Banks debt in permanent coupon purchases on Friday in its latest effort to lower mortgage rates.


  • U.S. Treasury Studying ?Novel Approaches? to Debt (Update1) (Bloomberg)
    Dec. 10 (Bloomberg) -- The U.S., facing as much as $2 trillion in borrowing needs this year, may introduce new financing methods to sell a record amount of government debt, Treasury?s debt-management chief said.


  • GMAC Extends Debt Swap, Sweetens Terms to Boost Participation (Bloomberg)
    Dec. 13 (Bloomberg) -- GMAC LLC, the lender to customers and dealers of General Motors Corp., sweetened terms on a debt swap designed to save the firm from bankruptcy and extended the deadline for a fourth time to lure more investors.


  • L-1 Identity Solutions Faces a Debt Crisis (Schaeffers Research)
    This article notes that L-1 Identity Solutions (ID: sentiment, chart, options) has shed 68% of its value year-to-date, as the company's oversized debt load has frightened off many investors...( Read More )


  • College students find themselves crushed by debt (Asbury Park Press)
    A flagging economy, tight credit and rising tuition are teaching college students some hard lessons these days. And their reward for surviving until graduation? A lean job market and plenty of debt.


  • Metro briefs (Chicago Sun-Times)
    Sun-Times Media Group Inc., parent of the Chicago Sun-Times, is urging shareholders to vote down proposed changes in its board of directors, arguing that the group pushing an alternative slate has a conflict of interest. Davidson Kempner Capital Management LLC, a leading shareholder in Sun-Times, also holds $204 million in unsecured debt from Tribune Co., publisher of the Chicago Tribune. The ...


  • General Growth Refinances $900M in Debt, Still Endures Finance Hurdle (Commercial Property News)
    Management Matters with Mike Myatt: The Next Domino to Fall December 04, 2008 By: Mike Myatt, Chief Strategy Officer, N2growth --The next domino in the economic downturn is already starting to fall.



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