GE pays off Buffett's Berkshire Hathaway warrants
A payment of USD260.7 million was paid to Berkshire Hathaway for the exercise of its warrants from General Electric Co.
Debt
China Is Offering Long-Term Bonds Worth $140 Billion to Stimulate Economy
China to issue 1 trillion Chinese Yuan in long-term bonds starting this week to boost the economy.
Steward Health Care Puts All 31 Hospitals up for Sale to Address $9 Billion Debt After Filing for Bankruptcy
Steward Health Care has reportedly listed all its 31 hospitals in the United States for sale to pay off its $9 billion debt...
Portugal banks revises Loan terms
The banks in Potugal had a lot of issues to solve after failing to sell Novo Banco. This has made a lot adjustments that needs to be done by the banks...
Sprint Raises $2.2 Billion Fund Under Complex Transaction Structure
Sprint has announced on Wednesday raising $2.2 billion fund through selling and leasing back of network assets. The complex transaction structure has been facilitated by the internet carrier’s parent ..
Latest News
New debt instruments issued by Wrigley to finance operations and manage debt
Wrigley issued a number of debt instruments with specific term lengths, yields and interest rates.
Serbian delegation to meet in Abu Dhabi for loan agreement
Serbia's committee for economic cooperation would be travelling to the UAE to discuss a loan agreement.
Homebuilder KB Home offers bonds to retire debt
KB Home set to offer bonds as well as notes issued to assist its plan to retire soon to be maturing debt.
Creditors of Energy Future fight over equity split
Secured lenders at Texas Competitive Electric Holdings and unsecured bondholders at Energy Future Intermediate Holdings (EFIH) were in a deadlock about their confidentiality agreements due to Energy F
Too big to fail is not a reason anymore
Banking regulators now are empowered to confiscate and break up a financial institution if bankruptcy would only hurt the economy.
Jordan receives third tranche of IMF funding
Due to so-called 'exogenous shocks', Jordan leverages release of third tranche of the IMF funding.
Budget impasse and debt crisis may form into economic superstorm
With Congress working feverishly, the current budget impasse and the debt ceiling may become an economic superstorm.
New investments keep Alitalia flights on time
Alitalia remains operational because of capital infusion from Il Poste and Italian banks.
Tokyo Electric receives reprieve from debt through roll overs
Tokyo Electric's debtors allow debt roll over for the stricken power utility firm.
