Dublin - based telecommunications giant Eircom began
debt restructuring talks last week with a committee representing 28 percent of its first - lien lenders, according to The Irish Times.
Not exact matches
Bon - Ton Stores, which filed for Chapter 11 bankruptcy in February, had tried but failed to
talk its creditors into
restructuring its nearly $ 1 billion in
debt.
Commodities trader Noble Group said it has finalised a binding agreement with a group of senior creditors holding 46 percent of its
debt, and was in
talks with others, on a
restructuring deal crucial to its survival.
Despite his concerns over potential shocks coming from Italy and Germany, Papadimitriou said they will not derail the much - promised
talks to
restructure Greece's
debt.
However, Garcia Padilla declined to exercise his authority to declare a moratorium on GDB's own $ 422 million May 1
debt payment, citing continuing
restructuring talks between GDB and its creditors.
Tsipras said the creditors — the ECB, the EC and the International Monetary Fund (IMF)-- would now finally have to
talk about
restructuring the massive, 240 - billion - euro ($ 267 billion)
debt Greece owes them.
Here's a letter to the board of Biglari Holdings re: executive compensation [Noise Free Investing] & then more thoughts on Biglari's compensation agreement [My Investing Notebook] Where things stand in the market [Bespoke Investment Group] A list of stocks Nasdaq is canceling trades in from yesterday's madness [Business Insider] The best interest rate chart in the world [Trader's Narrative] A great macro overview from Barry Ritholtz [The Big Picture] A look at John Paulson's possible ownership of Bear Stearns CDOs [Zero Hedge] John Mauldin on the future of public
debt [Advisor Perspectives] Top buys & sells from Morningstar's ultimate stock pickers [Morningstar] The truth about «Sell in May & Go Away» [WSJ] An interview with hedge fund manager Hugh Hendry [Investment Week] Bill Ackman: Let's have a public registry for stock opinion [Barron's] Hedge fund Harbinger hires ex-Orange chief for wireless plan [Dealbook] & Deutsche Telekom has been in
talks with Harbinger [FT] Hedge funds begin to
restructure fee system [FT]
A few weeks ago, we covered a trending topic in the news — the growing rate of seniors entering retirement in
debt — and this week we thought we'd follow it up by discussing the issue of
talking about financial
restructuring with aging parents.
If you're unsure how much you should be saving
talk with an adviser who can help you build a budget and show you ways to save that you may not have considered, like consolidating or
restructuring debt to lower your interest costs.
(Bloomberg)-- Payless Inc. is in
talks with its lenders over a
restructuring plan that includes closing about 1,000 stores as it wrestles with an unsustainable
debt load, according to people with knowledge of the matter...