Debt Management News Archive

07-Dec-2009

 

  • Clearwater Paper Plans to Issue Debt Amid High-Yield Streak (Bloomberg)
    June 8 (Bloomberg) -- Clearwater Paper Corp., the Spokane, Washington-based paperboard maker, plans to sell notes as high- yield borrowers raised more than $5 billion of debt for three straight weeks, the busiest period so far this year.


  • Pioneer Asset Management Stays ?Underweight? on Irish Bonds (Bloomberg)
    June 9 (Bloomberg) -- Pioneer Investment Management Ltd. said it will stay ?underweight? Irish bonds because of the likelihood that the nation?s debt rating will be lowered again.


  • Investcorp Makes Investments in Commercial Real Estate Debt (Zawya)
    Bahrain, 9 June 2009 - Investcorp Investcorp , the asset management firm specialising in alternative investments, announced today that its real estate team has completed a series of transactions to acquire a senior mortgage loan, a B-Note for a senior mortgage and two mezzanine loans, all secured by commercial property assets, located in the United States, that are performing well.


  • CalciTech Completes Debt Conversion, Renewing Credit Facility (PR Newswire via Yahoo! Finance)
    CalciTech Ltd. announces that Epsom Asset Management Ltd. has confirmed that it is completing the conversion of the balance of its outstanding debt as at 31st December 2008 and will result in the issue of an additional 42,222,053 shares.


  • July 18 set for special election to decide 5 debt exclusion requests (Worcester Telegram & Gazette)
    WINCHENDON - Selectmen set the date last night for a special election to be held July 18. Voting will be from 10 a.m. to 2 p.m. at the Senior Center, 52 Murdock Ave. The election will present voters with five Proposition 2-1/2 debt exclusion requests.


  • Orion Capital Management, Inc. Approved as Sub-Adviser to Monetta Intermediate Bond Fund (PRWeb via Yahoo! News)
    Monetta Financial Services has approved Orion Capital Management, Inc., as new sub-adviser for their Monetta Intermediate Bond Fund. The new fund name is Orion/Monetta Intermediate Bond Fund.


  • CREDIT CARD DEBT LEVEL NOT CRITICAL, SAYS AKPK (Bernama via Yahoo! Malaysia News)
    KUALA LUMPUR, June 9 (Bernama) -- Credit card debt in the country has not yet reached a critical level, according to the Credit Counselling and Debt Management Agency (AKPK).


  • Nigeria: Bauchi Constitutes Debt Management Committee (AllAfrica.com)
    Bauchi ? Bauchi State Governor, Malam Isa Yuguda, has expressed his administration's commitment towards maintaining fiscal discipline in the management of scarce resources as a way of maintaining sustainable debt level in the state.


  • (AFX UK Focus) 2009-06-08 11:06 RLPC-Commerzbank unveils new debt restructuring advisory unit (Interactive Investor)
    LONDON, June 8 (Reuters) - Commerzbank has launched a new debt restructuring advisory business to provide restructuring expertise and advice for new money-raising, the bank said in a statement on Monday. The Frankfurt-based group will provide guidance on a range of financing topics, including syndicate management, waiver and covenant reset requirements as well as restructurings, it said. The ...


  • Irish debt downgraded amid bank bailout cost fears (AP via Yahoo! Finance)
    Crisis-stricken Ireland's debt rating was downgraded Monday by Standard & Poor's for the second time this year amid mounting worries over the cost of the government's bailout of the banking system.



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