French clothing retailer Vivarte had been in discussions regarding a possible reset of its loan agreements to make its EUR2 billion debt easier to manage, said a Reuters report.
Senior Debt
Evidence in one case used tor LIbOR rigging suit against Barclays
Presented evidence on another case is being used as evidence to prove Barclays' hand in the recent LIbOR rigging scandal.
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.
Doubt rises on Treasury capacity to pay USD120 billion on US securities
Investors remained anxious even if US Treasury Secretary Jacob Lew announced last week in Congress that the department had the capacity to pay US Treasury bill holders.
Batista dismisses OGX Oil chief as bond default woes persist
Luiz Carneiro was fired as chief executive of his OGX Petroleo e Gas Participacoes SA by Eike Batista, whose commodity group owned the oil and gas company.
