bondholders

Unusual 11 Mid-Day Movers 12/06: (AMR) (PPHM) (FRO) Higher; (CME...

StreetInsider.com News Articles  Tue, 12/06/2011 - 12:12

AMR Corp. (NYSE: AMR) 67% HIGHER; the stock has halted twice today on circuit breakers and have been up as much as 82 percent on the day, the company's three largest unions and banks representing bondholders were named to the committee of unsecured creditors.

An SEC filing disclosed AMR appraised its $1 billion 7.5 percent Senior Secured Notes Offering, and came up with a value of collateral of $1,526,511,000, or over a 50 percent increase in the value of the Notes.

Peregrine Pharmaceuticals, Inc.


 

Merkel presses private bondholders on Greece

Newsvine - business  Wed, 10/26/2011 - 05:19

Chancellor Angela Merkel won the support of German lawmakers to increase the firepower of eurozone's bailout fund Wednesday and indicated that private investors like banks should take a writedown of at least 50 percent on their Greek debt holdings.


 

Broke Town, U.S.A.

NYT > Business  Thu, 03/03/2011 - 10:12

Everybody’s suddenly petrified about municipal debt. But the fate of bondholders ought to be the least of our worries.


 

EU wants bondholders to share bank bailout costs

Newsvine - business  Thu, 01/06/2011 - 11:05

The European Union is moving ahead with plans to shield taxpayers from having to bail out big banks in the future, but there are substantial obstacles to making bondholders share losses.


 

Top 10 News Items for 10/18-10/22: Bank Concerns Remain Amid Bof...

StreetInsider.com News Articles  Fri, 10/22/2010 - 15:23

Here is a recap of the top news items from this week on Wall Street: 1. Investor concerns related to the banking sector remained this week as, following last week mortgage mess, a group of bondholders (including PIMCO, the NY Fed and BlackRock) filed a lawsuit against BofA (NYSE: BAC) claiming that the bank's Countrywide unit failed to properly service loans of so-called sour mortgages.

Shares of BofA fell more than 4% on Tuesday of this week. 2.


 

Bondholders agree on Six Flags reorganization

Newsvine - business  Wed, 04/28/2010 - 08:55

Bondholders who have been fighting over control of Six Flags have agreed on a revised Chapter 11 reorganization plan for the theme park operator.


 

US judge seizes $105 million in Argentine funds

Newsvine - business  Wed, 04/07/2010 - 20:38

Argentina quickly said it would file a court appeal after a U.S. federal judge ruled Wednesday that bondholders can seize $105 million in Argentine central bank deposits held in the United States.


 

Carl Icahn entices small bondholders to reject CIT plan

Topix - Business News  Wed, 10/28/2009 - 15:14

Billionaire investor Carl Icahn said on Tuesday he will offer to smaller holders of CIT Group's debt short-term protection against the value of the debt declining, if investors back his alternative restructuring of the beleaguered lender.


 

CIT Group amends debt restructuring offer

Newsvine - business  Sat, 10/17/2009 - 07:37

CIT Group Inc., one of the nation's biggest lenders to small and midsize businesses, says it has amended its debt restructuring offer in hopes of enlisting more support from bondholders for the plan.


 

Buyout Firms Profited as a Company’s Debt Soared

NYT > Business  Mon, 10/05/2009 - 00:09

Private equity firms, former executives and Wall Street investment banks profited as the Simmons Bedding Company fell into bankruptcy, devastating its bondholders and employees.