Friday, September 10, 2010

$1.2 billion in debt relief approved for Haiti (AP via Yahoo! Finance)

June 30, 2009 by  
Filed under Debt Consolidation

Roughly two-thirds of Haiti’s total debt was canceled Tuesday when three organizations that provide financial assistance to poor countries announced they’re forgiving $1.2 billion of what the Caribbean country owes.

$1.2 billion in debt relief approved for Haiti (AP via Yahoo! News)

Roughly two-thirds of Haiti’s total debt was cancelled Tuesday when three organizations that provide financial assistance to poor countries announced they’re forgiving $1.2 billion of what the Caribbean country owes.

Cemex Proposes $14.5 Billion Debt Restructuring Plan (Update1) (Bloomberg)

June 30, 2009 by  
Filed under Debt Consolidation

June 30 (Bloomberg) — Cemex SAB , the largest cement maker in the Americas, submitted a proposal to creditors that aims to extend maturities on $14.5 billion of debt.

American Airlines to sell $520M in debt (UPI)

June 30, 2009 by  
Filed under Debt Settlement

FORT WORTH, Texas, June 30 (UPI) — American Airlines intends to sell $520 million in secured debt backed by 20 new planes appraised at $1.1 billion, a U.S. regulatory filing said.

US cuts Indonesian debt for forest protection (AP via Yahoo! News)

June 30, 2009 by  
Filed under Debt Consolidation, Debt Settlement

Indonesia committed to the conservation of its dwindling tropical forests in a multimillion dollar debt-swap deal signed Tuesday with the American government, the U.S. Embassy said.