Money Snatchers

Jan. 18 — The cost to borrow in the corporate bond market is rising for the first time since November as Barclays Plc, Lloyds Banking Group Plc and more than a dozen other European banks sell record amounts of fixed-income securities to refinance $2 trillion of debt due this year.

In the latest sign CIT Group Inc.

In the latest sign CIT Group Inc.

Oct.

CIT Group Inc is seeing little interest from bondholders in a debt exchange offer aimed at repairing its fragile balance sheet, making bankruptcy increasingly likely, sources familiar with the matter said.

CIT Group Inc is seeing little interest from bondholders in a debt exchange offer aimed at repairing its fragile balance sheet, making bankruptcy increasingly likely, sources familiar with the matter said.

PROPERTY developer Liam Carroll may sell assets including his stakes in Greencore Group and Irish Continental Group to help refinance more than €1bn in debt, the Sunday Business Post reported yesterday, without citing its source.

April 24 — M&G Group Plc’s Leopard CLO III BV fund, which invests in high-risk, high-yield loans, bought back some of its senior debt at a discount, according to a statement from Moody’s Investors Service.