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Hynix Plans to Repay More Than 1 Trillion Won in Debt (Update1) (BusinessWeek)

Tue, 19 Jan 2010 02:10:08 +0000

Hynix Semiconductor Inc., the world’s second-largest maker of computer-memory chips, plans to repay more than 1 trillion won ($888 million) in debt this year as a shortage in the industry may help the company post its biggest profit in four years.

Debt Repayment Plan Sparks Fiery Debate In Iceland (NPR)

Mon, 18 Jan 2010 23:13:37 +0000

Last week, Iceland’s president refused to sign a controversial bill to repay a $5 billion debt to Britain and the Netherlands, incurred when three Icelandic banks went belly up in October 2008. Now, the public may get to vote in a referendum.

Icahn offers to buy outstanding CIT Group debt (San Francisco Chronicle)

Tue, 27 Oct 2009 10:15:49 +0000

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 said in a letter he will pay those bondholders 60 cents on the dollar for… Sponsored Topics: CitGroup – CarlIcahn – Loan – Debt – Business

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

Tue, 27 Oct 2009 09:08:33 +0000

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.