Debt Management News Archive

16-Mar-2010

 

  • CREDIT CARD DEBT LEVEL NOT CRITICAL, SAYS AKPK (Bernama via Yahoo! Malaysia News)
    KUALA LUMPUR, June 9 (Bernama) -- Credit card debt in the country has not yet reached a critical level, according to the Credit Counselling and debt Management Agency (AKPK).


  • Investcorp Makes Investments in Commercial Real Estate Debt (Zawya)
    Bahrain, 9 June 2009 - Investcorp Investcorp , the asset management firm specialising in alternative investments, announced today that its real estate team has completed a series of transactions to acquire a senior mortgage loan, a B-Note for a senior mortgage and two mezzanine loans, all secured by commercial property assets, located in the United States, that are performing well.


  • 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.


  • Pioneer Asset Management Stays ?Underweight? on Irish Bonds (Bloomberg)
    June 9 (Bloomberg) -- Pioneer Investment Management Ltd. said it will stay ?underweight? Irish bonds because of the likelihood that the nation?s debt rating will be lowered again.


  • Nigeria: Bauchi Constitutes Debt Management Committee (AllAfrica.com)
    Bauchi ? Bauchi State Governor, Malam Isa Yuguda, has expressed his administration's commitment towards maintaining fiscal discipline in the management of scarce resources as a way of maintaining sustainable debt level in the state.


  • Clearwater Paper Plans to Issue Debt Amid High-Yield Streak (Bloomberg)
    June 8 (Bloomberg) -- Clearwater Paper Corp., the Spokane, Washington-based paperboard maker, plans to sell notes as high- yield borrowers raised more than $5 billion of debt for three straight weeks, the busiest period so far this year.



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