Debt Management Service - Forget We Offered: Tyco Rescinds Bond Sale
Forget We Offered: Tyco Rescinds Bond Sale
CFO.com - billion of senior loans to fund Europe’s largest LBO. And, as the Associated Press reported earlier this week , investment banks trying to raise money for Cerberus Capital Management’s planned buyout of Chrysler Group have postponed a $12 billion debt
Ten ways to deal with debt
Times Online - Debt advisers have attacked debt management and loan consolidation companies for exploiting customers with expensive fees and charges. Not all these companies are sharks but they are in the business of making money. At best, the solutions offered are
About the survey
Detroit Free Press - Consumer debt, mortgages, student loans or credit card debt are not taken into account. It is based on survey data, and are — if they’re successfully run businesses,” said Christopher Ruth, chief investment officer for Comerica Asset Management in
Who’s ahead
Baltimore Sun - Russia’s major oil firm, Rosneft, is piled with debt and would be in serious trouble if the price of oil were below $50. Its management is not worried. By some measures, the oil companies’ profits are not out of line. Their margin on sales, once about
Where’s the Bottom?
BusinessWeek - If bond investors are staying away from riskier deals, says Bill Larkin, portfolio manager of fixed income at Cabot Money Management , it could lead to a spike in the interest rates for all riskier debt. He warned of “a drastic re-pricing of risk