Debt Management - Pimco seeks $5 bln to buy distressed debt-Bloomberg - Reuters
Pimco seeks $5 bln to buy distressed debt-Bloomberg - Reuters
Aug 27 (Reuters) - Pacific Investment Management Co, the manager of the world’s biggest bond fund, is seeking as much as $5 billion to buy mortgage-backed debt that has plunged in value due to the subprime crisis, Bloomberg reported, citing two
Apollo’s Hexion rejects Huntsman shareholder plan - Guardian Unlimited
NEW YORK, Aug 28 (Reuters) - Four large hedge funds, all shareholders of Huntsman Corp, have proposed a plan to salvage a $6.5 billion buyout of the chemical company by a unit of Apollo Global Management. But Apollo’s Hexion Specialty Chemicals unit
Fitch Rates New Haven, Connecticut’s $39MM 2008B GOs ‘A-’; Stable - CNBC
NEW YORK, Aug 28, 2008 (BUSINESS WIRE) — Fitch Ratings assigns an ‘A-’ rating to the city of New Haven, Connecticut’s approximately $39 million general obligation (GO) bonds, issue of 2008, series B. The bonds are expected to sell competitively on
Moody’s Upgrades Oncor’s Credit Rating - Forbes
Today, Moody’s Investors Service announced that it upgraded Oncor Electric Delivery Company LLC’s senior secured debt ratings one notch from Ba1 to Baa3. Recently, it was announced that Oncor has entered into an agreement to sell approximately 20
Cabinet chief vows Argentina will service debt - Miami Herald
BUENOS AIRES, Argentina Argentina will meet all its debt obligations in 2008 and 2009, its Cabinet chief said Wednesday, addressing investor concerns that political tensions could reduce its budget surplus and slow its debt payments. Given foreign