Debt Counseling » what-the

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

Tue, 30 Jun 2009 18:52:30 +0000

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)

Tue, 30 Jun 2009 18:45:56 +0000

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)

Tue, 30 Jun 2009 18:29:43 +0000

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)

Tue, 30 Jun 2009 16:32:50 +0000

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)

Tue, 30 Jun 2009 07:34:52 +0000

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.