UPDATE 1-Saab Cars N.America appoints administrator
* Seeks solution to provide warranty coverage for 2010, 2011
models
Lone Star buys 900 mln stg Lloyds’ debt portfolio
LONDON, Dec 22 (Reuters) - U.S. private equity firm
Lone Star said it had bought Lloyds Banking Group's
Project Royal portfolio of debt, worth more than 900 million
pounds ($ 1.4 billion), at a price...
TEXT-S&P rpt:Japanese companies improved credit ratios in FY2010
Dec 22 - The financial strength of Japanese companies
improved for the second consecutive year in fiscal 2010 (ended
March 31, 2011, for most companies; and Dec. 31, 2010, and other
days for some...
TEXT-S&P report says upper, lower CMBS tranches likely to polarize
Dec 20 - Standard & Poor's Ratings Services today said that it
has released a Japanese-language report detailing the outlook for Japan's
commercial mortgage-backed securities (CMBS) market in...
UPDATE 1-JAL to repay $2.38 bln loans ahead of schedule-Nikkei
Dec 17 (Reuters) - Japan Airlines Co (JAL)
would likely pay back this month 185 billion yen ($ 2.38 billion)
of its 220 billion yen bank loans maturing in January 2013, the
Nikkei reported.
UPDATE 1-Seat PG extends debt talks deadline to Jan. 16
* Deadline extended to Jan. 16
(Adds details, background)
Saab administrator to quit amid disagreement
STOCKHOLM, Dec 14 (Reuters) - Ailing Swedish carmaker
Saab and its court-appointed administrator Guy Lofalk want him
replaced amid reports of disagreement as the company struggles
to stay in...
Categories: Law Tags: administrator, amid, disagreement, quit, Saab
CORRECTED-UPDATE 1-Newspaper group Lee Enterprises files for bankruptcy
Dec 12 (Reuters) - Lee Enterprises Inc, which
publishes 48 daily newspapers including St. Louis Post-Dispatch,
filed for Chapter 11 bankruptcy protection to refinance nearly
$ 1 billion in debt, as...
Categories: Law Tags: 1Newspaper, bankruptcy, CORRECTEDUPDATE, Enterprises, files, group
CoCo termsheet gives government injections template
LONDON, Dec 9 (IFR) - The European Banking Authority'
strict criteria on the features governing contingent capital
will restrict investors interest, leaving states as the main
buyers investors...
Categories: Law Tags: CoCo, gives, government, injections, template, termsheet
SG warns on potential Spanish burden-sharing
LONDON, Dec 8 (IFR) - Subordinated bondholders of
Spanish bank debt could be at risk of burden-sharing if the
country proceeds with a rumoured bad bank, similar to what
occurred in Ireland, SG...
Categories: Law Tags: burdensharing, potential, Spanish, warns