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Germany steps up demands for debt cutting campaign

Posted by on May 17th, 2010

The euro, stocks and oil endured another rough ride Monday as German demands that Europe confront its debt crisis with tougher rules rattled markets.

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Centerline Capital restructures debt

Posted by on Mar 8th, 2010

Centerline Capital Group said Monday it has completed a series of deals that allows the real estate asset management firm to substantially restructure its outstanding debt.

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MoneyGram makes $40 million debt prepayment

Posted by on Dec 21st, 2009

Payment services provider Moneygram International said Monday it notified its debt holders that it plans to make an optional $40 million repayment.

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Global stocks mixed as investors track Dubai debt crisis

Posted by on Nov 30th, 2009

Asian markets rallied on Monday, but Europe reversed opening gains, as investors digested moves by the United Arab Emirates central bank to soothe worries over Dubai’s debt crisis.

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Moody’s cuts Discover Financial debt rating

Posted by on Jun 1st, 2009

Moody’s Investors Service on Monday cut its senior unsecured debt rating for Discover Financial Services into non-investment grade territory, citing risks the credit card company faces from the prolonged credit crunch and recession.

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Ford completes tender offers, cuts $10B in debt

Posted by admin on Apr 8th, 2009

DETROIT — Shares of Ford Motor Co.