April 23 (Bloomberg) — Japanese bonds rose for a third day, the longest winning streak in more than two months, as worsening company earnings pushed down local stocks, boosting demand for government debt.
Treasury Said to Ask Chrysler Banks to Cut Debt to $1.5 Billion (Bloomberg)
April 23 (Bloomberg) — The U.S. Treasury asked Chrysler LLC’s secured lenders to reduce their debt to $1.5 billion from $6.9 billion in exchange for a 5 percent equity stake in the automaker, a person familiar with the negotiations said.
emii.com: Teck Cominco Extends Debt Terms
Teck Cominco Extends Debt Terms Teck Cominco Ltd. has renegotiated the term and bridge loans the company got last year when it acquired Fording Canadian Coal Trust for C$14.1 billion ($11.4 billion), andtook over full ownership of Elk …
U.S. Raises Offer to Restructure Chrysler’s Debt (New York Times)
The Treasury Department has sweetened the terms of its offer to Chrysler ’s senior lenders on how to reduce the company’s debt with a new offer, a person with knowledge of the matter said Wednesday.
U.S. Raises Offer to Restructure Chrysler's Debt – DealBook Blog …
Under the terms of the new plan, presented Wednesday afternoon, Chrysler’s lenders, who hold about $6.9 billion worth of debt, would receive about 22 cents on the dollar, or $1.5 billion. They would also receive a 5 percent equity stake …
Debt Issuance is a Rapidly Growing Problem
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GM to skip $1B debt payment
In a bold move, General Motors announced on Wednesday it is not planning on making a $1 billion debt payment due on June 1st. If all goes as planned, GM will reach a debt for equity swap agreement with its lenders by that date, …
Treasuries Rise as Drop in U.S. Stock Futures Spurs Debt Demand (Bloomberg)
April 22 (Bloomberg) — Treasuries advanced as a decline in U.S. equity futures increased demand for the relative safety of government debt.
GM: Debt-For-Equity Exchange Necessary – Detroit Local News Story …
DETROIT — General Motors Corp. says it may miss a June billion-dollar bond payment if a debt-for-equity exchange doesn’t happen. Wednesday, April 22, 2009.
Solid advice for those deeply in debt
In Middletown, Maryland, there was the heartbreaking story last week of, Christopher Wood, a 34-year-old husband and father, who snapped and then killed his wife and their three kids, and then took his own life. He was $460000 in debt. …
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