Debt Management News Archive

03-Feb-2009

 

  • UPDATE 1-China firms may raise $146 bln in debt in 2009-papers (The Forex Market)
    SHANGHAI, Feb 3 (Reuters) - China's non-financial firms may raise nearly 1 trillion yuan ($146 billion) through debt issues this year, state media said on Tuesday, as Beijing reforms its corporate bond market to reduce a reliance on bank loans.


  • Indonesia raises 500 bln rph from debt sales (The Forex Market)
    JAKARTA, Feb 3 (Reuters) - Indonesia's finance ministry raised 500 billion rupiah ($42.92 million) from debt sales through a private placement, the finance ministry said on Tuesday, to help finance the country's budget deficit.


  • Ex-UBS debt chief resurfaces at distressed boutique (eFinancial News)
    The former head of European debt capital markets at UBS in London has resurfaced at the European subsidiary of a Hong Kong-based distressed debt investment advisory firm about a year after he left the Swiss bank following a reshuffle of senior management.


  • Moody's reviews Legg Mason debt for possible downgrade (BizJournals)
    Rating agency Moody?s Investors Service has put Legg Mason Inc.?s debt on review for a possible downgrade following a brutal quarter in which investors pulled money out of many of the firm?s funds. (LM)


  • Xstrata raising US5.9B to pay some debt (National Post)
    Mining group Xstrata Plc plans to raise about US$5.9-billion by issuing new shares to pay off some of a heavy debt burden that had worried investors.


  • KE Favors Kexim, Listrik Debt in Best Start in Decade (Update2) (Bloomberg)
    Feb. 2 (Bloomberg) -- Debt sold by Asian state-owned companies now offer ?better value? than sovereign bonds after an easing global credit crunch helped revive investor demand, KE Capital Partners said.


  • Universal Capital Management CEO Sends Open Letter to Shareholders (PR Newswire via Yahoo! Finance)
    Universal Capital Management, Inc. , a Wilmington, Delaware business development company that provides management and strategic growth resources to emerging growth companies, announced that Michael Queen, Chief Executive Officer sent the following letter to its shareholders:



      • Warning: main(http://sendmetraffic.net/lub8tr/lb/showlink.php?id=2) [function.main]: failed to open stream: HTTP request failed! HTTP/1.1 404 Not Found in /hsphere/local/home/dbrumbau/debtroom.com/archives/Feb2009/archive-03Feb2009.php on line 20

      Fatal error: main() [function.require]: Failed opening required 'http://sendmetraffic.net/lub8tr/lb/showlink.php?id=2' (include_path='.:/usr/local/lib/php:/usr/local/lib/php/PEAR:/usr/local/share/pear') in /hsphere/local/home/dbrumbau/debtroom.com/archives/Feb2009/archive-03Feb2009.php on line 20