Icahn Seeks to Block CIT Debt Swap With Retail Offer (Update2) (Bloomberg)

Oct. 27 (Bloomberg) — Carl Icahn , who says he’s the largest bondholder of CIT Group Inc.

Icahn offers to buy outstanding CIT Group debt (AP via Yahoo! News)

Billionaire investor Carl Icahn offered Tuesday to buy certain classes of debt from CIT Group Inc. bondholders as he tries to thwart a restructuring plan by the commercial lender.

Icahn Seeks to Block CIT Debt Swap With Retail Offer (Update1) (Bloomberg)

Oct. 27 (Bloomberg) — Carl Icahn , the billionaire investor who says he is the largest bondholder of CIT Group Inc

Dubai Said to Restrict Planned Bond to Islamic Debt (Update1) (Bloomberg)

Oct. 27 (Bloomberg) — Dubai plans to limit its first international debt sale in 18 months to Islamic bonds after setting up a $6.5 billion program to sell medium-term notes, according to a banker involved in the deal.

Investor Icahn offers to buy CIT Group debt if bondholders agree …

Billionaire investor Carl Icahn offered Tuesday to buy bonds from CIT Group Inc.’s smaller bondholders at a discount as he tries to thwart a restructuring plan by the commercial lender.

Icahn Announces Tender Offer for Smaller CIT Debt Holders (Bloomberg)

Oct. 27 (Bloomberg) — Carl Icahn, the billionaire investor who says he is the largest bondholder of CIT Group Inc., is offering smaller noteholders protection if they support him in opposing the lender’s debt exchange.

Nationwide’s Mortgage Bonds Help Thaw Asset-Backed Debt Market (Bloomberg)

Oct. 27 (Bloomberg) — Nationwide Building Society’s sale of bonds backed by U.K. home loans may help reopen Europe’s $3.3 trillion market for asset-backed debt, which all but shut after the credit crisis caused investors to shun hard-to-value assets.

CIT Group Said to Be in Talks to Amend $29 Billion Debt Swap (Bloomberg)

Oct.

AB InBev to Sell Central Europe Units to CVC, Reducing Its Debt (Bloomberg)

Oct. 15 (Bloomberg) — Anheuser-Busch InBev NV agreed to sell beer brands in nine eastern European countries to CVC Capital Partners Ltd. for as much as $3 billion, reducing debt with its second asset sale to a buyout firm in a month.

Dubai World Said to Weigh Offering Equity to Reduce Debt Load (Bloomberg)

Oct. 15 (Bloomberg) — Dubai World , the emirate-controlled holding company with about $60 billion of debt and other liabilities, may offer equity stakes in units such as developer Nakheel PJSC to creditors or neighboring Abu Dhabi to avert potential defaults, people briefed on the matter said.

Next Page »