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Stories 1 - 10 for Distressed debt

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RPT-UPDATE 1-Takefuji increases bond sale to cover CB redemption

Reuters - Junko Fujita, Hugh Lawson - ‎47 minutes ago‎
The announcement of the debt exchange prompted two rating agencies to cut Takefuji's credit ratings further into junk status, triggering a slide in its ...

A sick economy; From exorbitant health-care costs to massive debt, America's ...

Kelowna.com - ‎1 hour ago‎
The US annual federal deficit is 13.5% of GDP, and the fact that most other advanced countries are in an only slightly less distressed condition by this ...

Equity meltdown accelerates late in the day on Dubai World concerns

FXstreet.com The Forex Market - ‎4 hours ago‎
Regionally, Abu Dhabi Commercial Bank was said to be on the hook for $1.9B, leaving a vast amount of distressed debt concealed. In a research note, ...

SSS also declares Benguet in default

Manila Standard Today - Jenniffer B. Austria - ‎5 hours ago‎
It noted that it made a recent offer to settle the debt with PNB. Benguet earlier said it was considering three options to settle the debt, namely in the ...

2010 Budget: Lagos and Politics of Mega City

THISDAY - ‎6 hours ago‎
... across the globe is that massive public sector spending on infrastructure is a critical factor in lifting distressed economies out recession”. ...

Dubai World troubles threaten Palm Jumeirah project

Globe and Mail - ‎10 hours ago‎
Prices have fallen further since, and distressed listings have escalated. The owner of an 1800-square-foot, two-bedroom apartment recently almost begged for ...

Better late than never for Dubai

Vancouver Sun - ‎11 hours ago‎
Dubai World, one of the emirate's biggest holding companies, has shocked creditors by asking for a standstill on the US$60-billion of debt attached to its ...

Nortel creditor objects to Ciena sale

Canada.com - Bert Hill - ‎11 hours ago‎
Matlin is a $9-billion equity investor that specializes in distressed assets. It owns more than 10% of Nortel debt. The Ethernet networks division sale ...

Borders closes a chapter as administrators named

Times Online - Marcus Leroux - ‎12 hours ago‎
Borders was acquired in July in a management buyout backed by Valco Capital Partners, the private equity arm of Hilco, the distressed retail specialists. ...

Key Issues In Mortgage Loan Purchases

Mondaq News Alerts (registration) - James Papadimitriou, Thomas von Hahn - ‎14 hours ago‎
For example, the due diligence to be performed may be more extensive if an entire loan or a distressed loan is being purchased as opposed to the due ...
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