Debt Management News Archive

29-May-2009

 

  • 2009/10 Domestic Debt Programme (Scoop.co.nz)
    The New Zealand debt Management Office (?NZDMO?) announced today details of the Government?s 2009/10 domestic debt programme.


  • Debt Negotiators May Offer Little Help as Bills Bury Consumers (Bloomberg)
    May 29 (Bloomberg) -- Ulish Hopkins, a former bus- dispatcher from Chicago, turned to a debt-settlement company last year after piling up about $30,000 in credit-card bills. Seven months later, he owed close to $40,000.


  • Leap Wireless, Virgin Media Market Debt as Spreads Narrow (Bloomberg)
    May 28 (Bloomberg) -- Leap Wireless International Inc. , the pay-as-you-go mobile-phone company, and Virgin Media Inc. , the U.K.?s second-largest pay-television provider, are among borrowers planning bond sales as yields on corporate debt relative to benchmark rates continue their decline.


  • (AFX UK Focus) 2009-05-29 08:13 DIARY - Day ahead in the FX and debt markets (Interactive Investor)
    This diary is a summary of key events likely to affect trading in the Forex and debt markets. All times GMT. --------------------------------------------------------------


  • Heineken Buys Majority of Tchenguiz?s Globe Pub Debt (Update1) (Bloomberg)
    May 28 (Bloomberg) -- Heineken NV , the world?s third- largest brewer, bought the majority of the senior debt in Robert Tchenguiz ?s Globe Pub Issuer Plc, the U.K. owner of 425 pubs with which it has contracts to supply beer and manage outlets.


  • Martin Whitman Is Buying Distressed Debt, Forest City (Update1) (Bloomberg)
    May 28 (Bloomberg) -- Martin Whitman ?s Third Avenue Management LLC increased its stake in Forest City Enterprises Inc. , the property developer whose shares have tumbled 83 percent in the past year, and is investing in distressed debt while avoiding most stocks.


  • Transmile gets lenders? consent for debt restructuring (The Edge Daily)
    KUALA LUMPUR: Transmile Group Bhd has secured its lenders? agreement on the group?s debt restructuring plan, the company said in a statement yesterday.


  • R.H. Donnelley Initiates Voluntary Chapter 11 Proceeding to Restructure Balance Sheet and Reduce Debt (PR Newswire via Yahoo! Finance)
    Has Reached Agreement in Principle with Key Creditors to Significantly Reduce debt



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