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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.

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

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

Debt Advice – Refinancing Debts

Refinancing your debts from your existing lender to another financial institution may allow you to take advantage of other opportunities that your current lender does not provide. Reasons for refinancing may include: Lower interest rate Less fees and charges Your existing lender no longer provides the loan you require Your current lender will not provide [...]

Uniting Debts…. Debt Consolidation Management

Article by Alex Jonnes More debt than you can afford? Creditors calling? Only making minimum payments? Auto repossession? Credit card debt? Medical bills? Thinking about bankruptcy? As a common man, you may face trouble in management of his finances when your debts are large in numbers. Your mind is occupied by all such questions. Debt [...]

Refinancing Debt

“Refinance” is a word heard a lot these days around the offices of Detroit bankruptcy lawyers, with the interest rates in ARMs skyrocketing. Credit card companies glean a good deal of their business from debt consolidation offers and balance transfers. Refinancing is a way to make the equity you have in your home work for [...]

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