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November 29, 2008

Debt Management - GM said to seek cut in debt, new union rules to win federal aid - Waterbury Republican-American

Filed under: Debt Management — Administrator @ 10:20 am

GM said to seek cut in debt, new union rules to win federal aid - Waterbury Republican-American
General Motors Corp., in danger of running out of cash this year, will seek to negotiate a cut in debt levels and new union work rules to help boost its chances of winning federal loans, people familiar with the plan said. The largest U.S. automaker

GM eyes debt swap; some directors sour on CEO: WSJ - FXStreet.com
NEW YORK, Nov 28 (Reuters) - General Motors Corp is pushing some bondholders to swap their debt for equity, as Chief Executive Rick Wagoner tries to keep the automaker out of a Chapter 11 bankruptcy that would likely cost him his job, The Wall Street

GM May Seek Debt Cut, New Union Rules to Win U.S. Aid (Update1) - Bloomberg
Nov. 24 (Bloomberg) — General Motors Corp. , in danger of running out of cash this year, will seek to negotiate a cut in debt levels and new union work rules to help boost its chances of winning federal loans, people familiar with the plan said. The

Anheuser-Busch InBev Revives Rights Offer to Pay Debt (Update3) - Bloomberg
Nov. 24 (Bloomberg) — Anheuser-Busch InBev, formed last week after the largest European and American brewers merged, revived a stock sale to pay down the deal’s $54.8 billion of debt after its controlling investors stumped up more cash. As many as

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