Debt Management News Archive

29-Nov-2008

 

  • (AFX UK Focus) 2008-11-29 00:16 GM eyes debt swap; some directors sour on CEO: WSJ (Interactive Investor)
    NEW YORK, Nov 28 (Reuters) - General Motors Corp is pushing some bondholders to swap their debt for equity, as Chief Executive Rick Wagoner tries to keep the automaker out of a Chapter 11 bankruptcy that would likely cost him his job, The Wall Street Journal said late Friday, citing people familiar with the plan. GM's board has also ratcheted up pressure on Wagoner in recent weeks, the newspaper ...


  • General Motors eyes debt swap: report (Reuters via Yahoo! News)
    General Motors Corp is pushing some bondholders to swap their debt for equity, as Chief Executive Rick Wagoner tries to keep the automaker out of a Chapter 11 bankruptcy that would likely cost him his job, The Wall Street Journal said late Friday, citing people familiar with the plan.


  • Brookfield Asset Management to Refinance $800 Million of Debt (Bloomberg)
    Nov. 27 (Bloomberg) -- Brookfield Asset Management Inc. , the Toronto-based manager of $90 billion in assets such as real estate, agreed to refinance $800 million of Australian-related debt and to combine its European operations.


  • Brookfield Asset Management strikes deal to refinance US$800 million in debt (MSN Money Canada)
    TORONTO - Brookfield Asset Management Inc. (TSX:BAM.A), a Toronto-based investment company formerly known as Brascan, says it has struck a deal to refinance US$800 million in debt of its Australian real estate unit and plans to combine all its European operations into a single operating company.


  • Asset manager strikes deal to refinance debt (Toronto Star)
    Brookfield Asset Management Inc., a Toronto-based investment company formerly known as Brascan, says it has struck a deal to refinance $800 million (U.S.) in debt of its Australian real estate unit and plans to combine all European operations into a single operating company.


  • Foreign central banks' U.S. debt holdings fell -Fed (The Forex Market)
    NEW YORK, Nov 28 (Reuters) - Foreign central bank holdings of U.S. debt fell last week, Federal Reserve data showed on Friday. The Fed said its holdings of Treasury and agency debt kept for overseas central banks fell $7.48 billion in the week ended Nov 26, to stand at a total of $2.492 trillion.


  • Cheyne?s Queen?s Walk Fund Reports Loss, Amends Debt (Update1) (Bloomberg)
    Nov. 28 (Bloomberg) -- Queen?s Walk Investment Ltd. , a 179 million euro ($231 million) mortgage-backed fund run by Cheyne Capital Management (UK) LLP, reported a second-quarter net loss as it wrote down U.K. mortgage holdings.



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