Debt Management News Archive

20-Sep-2009

 

  • 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.


  • 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).


  • 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.


  • (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.


  • July 18 set for special election to decide 5 debt exclusion requests (Worcester Telegram & Gazette)
    WINCHENDON - Selectmen set the date last night for a special election to be held July 18. Voting will be from 10 a.m. to 2 p.m. at the Senior Center, 52 Murdock Ave. The election will present voters with five Proposition 2-1/2 debt exclusion requests.


  • 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.



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