Latest news about Debt
Westpac to Sell Dollar-Denominated Debt Backed by Australia (Bloomberg)
Dec. 4 (Bloomberg) -- Westpac Banking Corp. , Australia’s second-largest bank by market value, plans to sell government- guaranteed debt in U.S. dollars as soon as this week, according to a person familiar with the offering.
4 Dec 2008, 12:08 pm | click here to view more
GoFish Raises $22.5 Million In Private Placement To Ease Debt (paidContent.org via Yahoo! Finance)
Looking to ease its debt burden, GoFish, the OTCBB-traded kids media company, has raised $22.5 million in a private placement led by Panorama Capital, Rustic Canyon Partners and Rembrandt Venture Partners.
4 Dec 2008, 6:18 am | click here to view more
Ecuador Looking at Possible Ways to Repudiate Debt (Update2) (Bloomberg)
Dec. 4 (Bloomberg) -- Ecuador’s government is considering various ways of repudiating its debt and will ask for loans from friendly governments like Iran should it lose access to credit markets, the country’s Finance Minister Maria Elsa Viteri said.
4 Dec 2008, 1:00 pm | click here to view more
GM’s Debt Rating Lowered Further Into Junk by S&P (Update1) (Bloomberg)
Dec. 4 (Bloomberg) -- General Motors Corp. ’s credit was clip further below investment status by Standard & needy’s on concern the automaker will offer to exchange debt for equity or new debt at a “steep” discount that would be equivalent to a default.
4 Dec 2008, 8:36 am | click here to view more
G.M. Is Trying to Ease a Crushing Debt Load (New York Times)
General Motors wants some forgiveness — $32 billion of it. As the Big Three Detroit automakers campaign for a federal bailout, G.M. is pleading with its anxious bankers and bondholders to lighten its debt burden, The New York Times’s Zachery Kouwe reports.
4 Dec 2008, 4:04 am | click here to view more
Wells Fargo Sells $6 Billion In FDIC-backed Debt (Fox News)
Wells Fargo Sells $6 Billion In FDIC-backed Debt
4 Dec 2008, 9:48 am | click here to view more
G.M. Is Trying to Ease a Crushing Debt Load (New York Times)
As the Big Three Detroit automakers campaign for a federal bailout, General Motors is pleading with its anxious bankers and bondholders to lighten its debt burden.
3 Dec 2008, 6:10 pm | click here to view more
Viteri Says Ecuador Looking at Ways to Repudiate Debt (Update1) (Bloomberg)
Dec. 4 (Bloomberg) -- Ecuador’s government is considering different ways of repudiating its debt, the country’s Finance Minister Maria Elsa Viteri said.
4 Dec 2008, 9:34 am | click here to view more
S&P Cuts GM To 'CC' On Possible Distressed Debt Exchange (Fox News)
S&P Cuts GM To 'CC' On Possible Distressed Debt Exchange
4 Dec 2008, 9:18 am | click here to view more
GM is trying to ease a crushing debt load (International Herald Tribune)
As the Big Three Detroit automakers campaign for a U.S. government bailout, General Motors is pleading with its anxious bankers and bondholders to lighten its debt burden.
3 Dec 2008, 10:47 pm | click here to view more