Debt Management News Archive

16-Feb-2009

 

  • UAE plans draft law on public debt management (Zawya)
    Abu Dhabi: The Cabinet on Sunday authorised the Ministry of Finance to set up an office to create a draft law for managing UAE public debt.


  • 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.


  • 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.


  • National debt may hit ?90bn by 2011 (Irish Examiner)
    THE national debt will burst ?81 billion over the next three years and could go as high as ?90bn, figures released by the National Treasury Management Agency (NTMA) yesterday reveal.


  • St. Francis Parish reaps benefits from wise fiscal management (SouthtownStar)
    St. Francis of Assisi Church in Orland Park is one of 18 parishes in the Archdiocese of Chicago chosen to participate in a debt reduction program.


  • GM Bondholders Seek to Minimize ?Free Riders? in Debt Exchange (Bloomberg)
    Feb. 15 (Bloomberg) -- General Motors Corp. bondholders are working with the automaker to craft a debt exchange that discourages investors from not participating, according to a person with direct knowledge of the discussions.


  • Deutsche Bank's Asian debt syndicate head resigns (The Forex Market)
    HONG KONG, Feb 16 (Reuters) - Mark Leahy, Singapore-based head of Asian debt syndication at Deutsche Bank, said on Monday he had resigned for personal reasons.


  • San Miguel Brewery eyeing $300 mln backstop debt (The Forex Market)
    MANILA, Feb 16 (Reuters) - The Philippines' San Miguel Brewery is considering $300 million in backstop debt funding to help buy the domestic beer brands and real estate assets from its parent firm, a group executive said on Monday.


  • Making Pest Management a Priority (Multi-Housing News)
    Warmer weather makes outdoor activities possible but it also tends to increase pest pressure, too. Providing for pest management service is a fact of life for most property managers.


  • Donald Trump resigned from the board of Trump Entertainment Resorts Inc., the debt-laden casino company he founded, ... (All About Jazz)
    ?I?m not managing it, it?s not me that?s responsible for managing,? Trump, who was chairman, said in a telephone interview today. ?Unless we?re going to be responsible for management it?s just not something that?s worthwhile.?



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