Debt Management News Archive

12-Feb-2009

 

  • Harley-Davidson roars after Buffett buys US$300M debt (National Post)
    Billionaire investor Warren Buffett?s Berkshire Hathaway Inc. agreed to buy US$300-million of debt from Harley-Davidson Inc., the biggest U.S. motorcycle maker, adding to holdings of corporate debt as yields rise.


  • Greek Minister Says Bond Spreads Not Justified as Debt Shrinks (Bloomberg)
    Feb. 11 (Bloomberg) -- Greek Finance Minister Ioannis Papathanasiou said the extra yield investors are demanding to hold his country?s government bonds is unjustified because debt is falling and private-sector borrowing is relatively low.


  • 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.


  • Waste Management Announces Fourth Quarter and Full Year 2008 Earnings (Business Wire via Yahoo! Finance)
    HOUSTON----Waste Management, Inc. today announced financial results for its fourth quarter and for the year ended December 31, 2008. Revenues for the fourth quarter of 2008 were $3.11 billion compared with $3.36 billion for the same 2007 period.


  • Mexico Sells $1.5 Bln of 5-Year Bonds, Pulls 21-Year Debt Sale (Bloomberg)
    Mexico ?needs to reinforce its reserves,? said Jaime Valdivia , who manages $650 million of assets, including Mexican debt, for Emerging Sovereign Group in New York. The government needs ?stability in the foreign-exchange markets.?


  • Asian Borrowing Costs to Rise as Debt Sales Increase (Update1) (Bloomberg)
    Feb. 12 (Bloomberg) -- Asian government borrowing costs will climb this month as policy makers increase spending to revive their economies, Mirae Asset Investment Management Co. and CIMB-Principal Asset Management said.


  • Millennium plans 2.5 bln euro in debt notes in '09 (The Forex Market)
    AZEITAO, Portugal, Feb 12 (Reuters) - Portugal's largest listed bank Millennium bcp plans to issue 2.5 billion euros in medium and long-term debt before the end of this year, without resorting to state guarantees, chief executive Carlos Santos Ferreira said.



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