Lehman Pays $846.9M To Bankruptcy Professionals Through June
22nd Jul 2010 19:35
By Patrick Fitzgerald Of DOW JONES DAILY BANKRUPTCY REVIEW The tab for unwinding investment bank Lehman Brothers Holdings Inc. (LEHMQ) in bankruptcy climbed to $846.9 million in June as the army of bankruptcy lawyers, consultants and financial advisers rung up another $41.6 million in fees.
Read moreJudge Approves New Bankruptcy Loan For General Growth >GGP
22nd Jul 2010 17:54
By Joseph Checkler Of DOW JONES DAILY BANKRUPTCY REVIEW NEW YORK (Dow Jones)--A judge Thursday approved General Growth Properties Inc.'s (GGP) request to replace its current bankruptcy loan with a new, more interest-friendly one from Barclays Bank PLC (BCS, BARC.LN). The Barclays financi
Read moreUS Bancorp Selling $1B In 5-Year Bonds 0.78 Point Over Treasurys
22nd Jul 2010 16:19
By Katy Burne Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--U.S. Bancorp (USB) launched a $1 billion sale of five-year, fixed-rate debt securities Thursday with pricing set at 0.78 percentage point over comparable U.S. Treasurys. The launch price was inside guidance set in the area of 0.
Read morePRESS RELEASE: Correction To Headline And Text, -2-
22nd Jul 2010 15:36
or entity for (a) any loss or damage in whole or in part caused by, resulting from, or relating to, any error (negligent or otherwise) or other circumstance or contingency within or outside the control of MOODY'S or any of its directors, officers, employees or agents in connection with the procureme
Read morePRESS RELEASE: Correction To Headline And Text, June 4, 2010 Release: Moody's Assigns P-1 Letter Of Credit Backed Rating To The City Of Houston (TX) Combined Utility System Commercial Paper Notes, Series B-4 & B-6
22nd Jul 2010 15:36
The following is a press release from Moody's Investors Service: $200 MILLION IN NOTES AFFECTED. LETTERS OF CREDIT PROVIDED BY BARCLAYS BANK PLC (FOR SERIES B-4) & CITIBANK, N.A. (FOR SERIES B-6) Houston (City of) TX Texas Moody's Rating Issue
Read moreGentiva Loan Pushed Back Amid Soft Demand, SEC Probe
22nd Jul 2010 12:37
(This article was originally published Wednesday.) By Katherine Greene Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--If Gentiva Health Services (GTIV) wants to secure the $600 million it needs to buy Odyssey Healthcare (ODSY), it may have to give lenders better terms or more money. T
Read moreDSGI To Close Books Early On GBP150 Million Five-Year Bond
22nd Jul 2010 11:25
LONDON (Dow Jones)--Electrical and computing retailer DSG International PLC (DSGI.LN) will close the order books on its expected GBP150 million, five-year bond at 1100 GMT, earlier than originally stated, one of the banks running the sale said Thursday. The issue, which is expected to launch and
Read moreUPDATE: Autonomy's Earnings Miss Views Sending Shares Lower
22nd Jul 2010 09:13
(Rewrites, adds analyst comment) By Lilly Vitorovich Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. software group Autonomy Corp. PLC (AU.LN) slightly missed expectations for second-quarter earnings Thursday and posted disappointing margins, sending its shares sharply lower on the Lond
Read moreCrown European Holdings Sells EUR500M 7.125% 8Y NC4 Bond At Par
21st Jul 2010 18:47
LONDON (Dow Jones)--Packaging products supplier Crown European Holdings SA has priced a EUR500 million bond via joint-lead managers Bank of America Merrill Lynch, Barclays PLC, BNP Paribas SA, Citigroup, Deutsche Bank AG and Royal Bank of Scotland Group PLC, with the following terms, one of the bank
Read moreCrown European Holdings Plans EUR350M 2018 High Yield Bond
21st Jul 2010 09:54
LONDON (Dow Jones)--Packaging products supplier Crown European Holdings SA is planning to issue EUR350 million of senior notes maturing in 2018 and non-callable for four years, one of the banks running the transaction said Wednesday. The proceeds of the issue will be used to fund the redemption
Read moreDSGI To Price GBP150M 5-Year Bond To Yield 9%-9.25%
21st Jul 2010 09:00
LONDON (Dow Jones)--Electrical and computing retailer DSG International PLC (DSGI.LN) will price its expected GBP150 million, five-year bond issue to yield between 9% and 9.25%, one of the banks leading the deal said Wednesday. Barclays Capital, BNP Paribas SA, Citigroup Inc., HSBC Holdings and
Read moreChina Extends Interest Rate Swaps Trading To All Insurers
21st Jul 2010 05:20
China Insurance Regulatory Commission has ended a trial program that allowed selected insurers to use interest rate swaps to hedge against interest rate risks, and extended the hedging tool to the entire industry. In a notice posted on the commission's website Tuesday, CIRC said insurance compan
Read morePRESS RELEASE: Moody's Assigns Provisional Rating To Barclays Index-Linked-Coupon Notes
21st Jul 2010 02:55
The following is a press release from Moody's Investors Service: AUD [10] million of debt securities affected Hong Kong, July 21, 2010 -- Moody's Investors Service has assigned a provisional rating to the following notes: (P)Aa3 to the AUD [10,000,000] Index Linked Notes due [September 2016], S
Read moreGentiva Loan Pushed Back Amid Soft Demand, SEC Probe
21st Jul 2010 00:16
By Katherine Greene Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--If Gentiva Health Services (GTIV) wants to secure the $600 million it needs to buy Odyssey Healthcare (ODSY), it may have to give lenders better terms or more money. The banks arranging Gentiva's loan have postponed closing
Read moreCORRECT: Four Seasons In Talks To Buy Care Principles From Barclays
20th Jul 2010 22:12
("=Four Seasons In Talks To Buy Care Principles From Barclays," published at 1755 GMT, misstated the Barclays entity involved in the talks. A corrected version follows.) By Marietta Cauchi Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Four Seasons Health Care is in talks to buy Care Princi
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