Debt Management News Archive

09-Feb-2009

 

  • Nigeria: Country's External Debt Now $3.5 Billion (AllAfrica.com)
    Lagos ? The debt Management Office (DMO) on Sunday in Abuja said the nation's external debt profile now stands at 3.5 billion US dollars, down from the 38 billion dollars owed creditors before 2006.


  • I2 Technologies agrees to buy back $58M in debt (AP via Yahoo! Finance)
    Supply chain management software maker i2 Technologies Inc. said Friday that it agreed to buy back $58.1 million in debt from the majority holder of its 5 percent senior convertible notes.


  • India to allocate corp debt limits to foreigners (The Forex Market)
    MUMBAI, Feb 9 (Reuters) - Foreigners will be offered $8 billion of additional investment in Indian corporate debt through a stock market bidding process, the capital market regulator said in a circular.


  • Novosibirsk Tin negotiating bond rescheduling (Interfax)
    NOVOSIBIRSK. Feb 9 (Interfax) - Management at Novosibirsk Tin Combine (NOK) (RTS: NOKN), Russia's biggest tin producer, is negotiating a debt rescheduling deal with holders of its second-series bonds. "We're in the process of doing this and the debt is being rescheduled.


  • Beware of bogus TM debt collectors (The Star)
    IF someone shows up at your doorstep to collect payments for Telekom Ma-laysia Bhd (TM), check if the person is a genuine TM debt collector before paying up.


  • UAW likely to expect Ford to do debt restructuring (Detroit Free Press)
    If Ford Motor Co. cannot get its bondholders and other stakeholders to agree to reduce the company's debt, the Dearborn automaker, which has so far resisted seeking federal loans, will likely have a tough time getting the concessions it needs from the UAW.


  • Philippine Debt-Yields seen up ahead of corporate debt sales (The Forex Market)
    MANILA, Feb 9 (Reuters) - Philippine debt yields are expected to be broadly steady with an upward bias this week, with some banks seen selling government bonds to make room for upcoming corporate bond issues, traders said on Monday.


  • GM to start debt recast talks today (The Economic Times)
    General Motors executives, advisers, bondholders and union officials plan to meet this week in Detroit to negotiate the government-ordered debt restructuring of the automaker.



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