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Debt Management News Archive01-Nov-2009
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.
(AFX UK Focus) 2009-06-08 11:06 RLPC-Commerzbank unveils new debt restructuring advisory unit (Interactive Investor) LONDON, June 8 (Reuters) - Commerzbank has launched a new debt restructuring advisory business to provide restructuring expertise and advice for new money-raising, the bank said in a statement on Monday. The Frankfurt-based group will provide guidance on a range of financing topics, including syndicate management, waiver and covenant reset requirements as well as restructurings, it said. The ...
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.
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.
Orion Capital Management, Inc. Approved as Sub-Adviser to Monetta Intermediate Bond Fund (PRWeb via Yahoo! News) Monetta Financial Services has approved Orion Capital Management, Inc., as new sub-adviser for their Monetta Intermediate Bond Fund. The new fund name is Orion/Monetta Intermediate Bond Fund.
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