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Planned Eurobond Within Debt Target, Says Michuki - East African Standard
the government has said its proposed international sovereign bond issue will be well within an acceptable level for the country’s debt to gross domestic product (gdp) ratio. acting finance minister john michuki said the country’s total debt takes ...
www.eastandard.net

Ford To Sell $500 Million In Shares To Retire Debt (update1)
oct. 3 (bloomberg) -- ford motor co. , the second-biggest u.s. automaker, plans to sell as much as $500 million in shares to retire debt of its consumer-finance unit.
www.bloomberg.com

Equitas To Raise 10 Bln Rupees Via Debt, Equity
mumbai, oct 3 (reuters) - start-up firm equitas micro finance india (p) ltd plans to raise close to 10 billion rupees through a mix of equity and debt to help expand its micro-lending business, a top official said on friday.
sg.news.yahoo.com

Aig Plans Sale Of Business Units To Repay Debt - Houston Chronicle
charlotte, n.c. — the insurer american international group inc. said friday it plans to sell off a number of business units to pay off its massive government loan. the plans, expected by wall street, drove up aig's shares 5 percent in afternoon ...
www.chron.com

General Growth's Slump Shows Debt Risk For U.s. Reits (update2) - Bloomberg
oct. 3 (bloomberg) -- general growth properties inc. lost more than 86 percent of its market value in the past year as investors punished the mall owner for the loans it has coming due. there may be more around the corner for other landlords. maguire ...
www.bloomberg.com

(afx Uk Focus) 2008-10-03 16:52 Venezuela Delays Debt Buyback Due To Crisis-report
caracas, oct 3 (reuters) - venezuela has put on hold its plan to buy back at least $1.5 billion in sovereign debt to wait for international markets to calm down, a cabinet minster said, according to local newspaper reports on friday. the buy back had already been delayed earlier this year due to a change of finance minister, government officials have said. last month, the incumbent, finance ...
www.iii.co.uk

Estonian, Latvian, Lithuanian Debt Grade Cut By Fitch (update2)
oct. 3 (bloomberg) -- estonia, latvia and lithuania had the grades for their sovereign debt cut one step by fitch rating service, which cited worsening financial conditions across europe.
www.bloomberg.com

Aig To Focus On Property, Casualty Business - Cnn Money
new york (cnnmoney.com) -- the beleaguered insurance giant aig announced plans friday to hold onto its property and casualty insurance businesses, while selling off the rest of the company to pay its massive debt to the federal government. american ...
money.cnn.com

Farm Lending Comes To A Halt - Hindu
thiruvananthapuram: with the national bank for agriculture and rural development (nabard) refusing to release sanctioned credit limit and approve agriculture debt waiver claims submitted by the kerala state cooperative bank (kscb), the disbursal of ...
www.hindu.com

Agency?s ?04 Rule Let Banks Pile Up New Debt, And Risk
a decision the securities and exchange commission made in 2004 helps explain why problems in finance could spin out of control.
www.nytimes.com

Sigma Finance Plans To Stop Trading, Making Payments (update2)
oct. 1 (bloomberg) -- sigma finance corp., the last of the companies known as structured investment vehicles, said it will cease trading and may appoint a receiver in a wind down that could roil bank debt prices as assets from the $27 billion fund are sold off.
www.bloomberg.com

Research And Markets:koch Industries, Inc. Analysis Across The Oil And ... - Cnbc
dublin, ireland, oct 03, 2008 (business wire) -- research and markets (http://www.researchandmarkets.com/research/96b480/koch_industries_i) has announced the addition of the "koch industries, inc. analysis across the oil and gas value chain" company ...
www.cnbc.com

Delphi Exec Seeks At Least $3.5 Billion To Exit Bankruptcy - Detroit Free Press
the troy auto supplier, which has been restructuring in chapter 11 for nearly three years, is going to its current investors to refinance its existing bankruptcy loans as well third parties, miller said during the automotive supplier finance summit ...
www.freep.com

Islamic Debt Issuance Stalls
until recently, the islamic debt market was expanding at a clip, doubling in size every year from 2004 to reach a total outstanding figure of $90bn. even the british government was mulling an issue to burnish its credentials as a centre for islamic finance.
www.ft.com

Senate Passes Finance Bailout, But Fails To Lift Gloom
us senators passed a new 700-billion-dollar bailout of the debt-stricken financial system but failed to lift wall street's gloom thursday while europe appeared divided over how to battle the crisis.
news.yahoo.com

Kaupthing Dumps Leveraged Investors - Daily Telegraph
the demand has sparked renewed fears about the financial strength of kaupthing, iceland's largest banks. kaupthing chief executive armann thorvaldsson told telegraph.co.uk that the move was part of a plan to "deleverage its business as part of its ...
www.telegraph.co.uk

Corrected - Fannie, Freddie To Drop New Mortgage Insurance Fees - Reuters
washington, oct 3 (reuters) - fannie mae (fnm.n: quote , profile , research , stock buzz ) and freddie mac (fre.n: quote , profile , research , stock buzz ) have scrapped plans to raise mortgage insurance fees as the government-run companies try to ...
www.reuters.com

Senate Passes Finance Bailout, Europe Agonizes Over Rescue
the us senate passed a new 700-billion-dollar bailout of the debt-stricken financial system but european leaders agonised thursday over a proposed emergency fund for ailing banks and money markets.
news.yahoo.com

India To Pay Banks Interest For Farm Debt Writeoff
new delhi, oct 3 (reuters) - indian cabinet approved 38.72 billion rupees in interest payments to banks for loans write-off under a farm debt waiver scheme, information and broadcasting minister priyaranjan dasmunsi said on friday.
malaysia.news.yahoo.com

Corporate America Protests Credit Swaps Show Fear, Not Reality - Bloomberg
oct. 3 (bloomberg) -- national rural utilities cooperative finance corp. and hartford financial services group inc. say widening credit default swaps show a disconnect between the health of their balance sheets and investor behavior. ``it's all ...
www.bloomberg.com