Debt Management News Archive

08-Jun-2009

 

  • Brookfield to raise US$835M in new financing (National Post)
    Brookfield Asset Management Inc said it plans to raise a total of US$835-million by issuing debt, selling preferred shares and through a bank loan as it seeks to improve its liquidity position.


  • Debt-laden Asciano popular (Perth Now)
    ASCIANO has received "five or six" proposals from parties interested in buying all or part of the indebted port and rail operator.


  • Dairy Farmers of Britian '£100m in debt' FWi (Farmers Weekly Interactive)
    The figure was revealed on Saturday (6 June) at a meeting in Stoke between receivers PricewaterhouseCoopers and over 150 midlands dairy farmers who had been supplying the failed co-op.


  • 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.


  • Call for longer loan repayment moratorium (Business Times (Malaysia))
    CREDIT Counselling and Debt Management Agency (AKPK) has recommended to banks in the country to provide a maximum of 12 months moratorium for AKPK clients in loan repayment.


  • AKPK helps manage bad loans worth RM1b (Business Times (Malaysia))
    CREDIT Counselling and debt Management Agency (AKPK) has managed RM1 billion non-performing loans (NPLs) from over 26,000 individual borrowers since it opened its doors to Malaysians three years ago.



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