Dubai World outlines debt plan to leading creditors (AFP via Yahoo! News)

The debt-ridden Dubai World conglomerate is outlining proposals to restructure 22 billion dollars of its debt to leading creditors, The National daily reported Tuesday.


Aletti Sells Turkey, Indonesia Debt After New Issues Drain Cash (Bloomberg)

March 9 (Bloomberg) -- Aletti Gestielle SGR SpA, a unit of Italy's third-largest bank by branches, is selling emerging- market dollar debt to make room for new issues after the best rally since 1996.


Centerline Capital restructures debt (AP via Yahoo! News)

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.


JPMorgan Sees Haircut, Extension on Dubai World Debt (Update1) (Bloomberg)

March 9 (Bloomberg) -- Dubai World, the state-owned holding company restructuring $26 billion in debt, may offer creditors a 20 percent haircut, a 10-year extension on maturities and a government repayment guarantee for creditors, JPMorgan Chase & Co. said.


JPMorgan Sees 20% Haircut, 10-Year Extension on Dubai World Debt (Bloomberg)

March 9 (Bloomberg) -- Dubai World, the state-owned holding company restructuring $26 billion in debt, may offer creditors a 20 percent haircut and a 10-year extension on maturities, JPMorgan Chase & Co. said.


Gartmore Group Swings to Full-Year Profit as Company Cuts Debt (Bloomberg)

March 8 (Bloomberg) -- Gartmore Group Ltd., the money manager that began trading its shares in London in December, posted a profit in 2009 as the company cut its debt.


Sprint to pay down debt, CFO says; shares climb (AP via Yahoo! News)

Shares of Sprint Nextel Corp. rose Monday after Chief Financial Officer Bob Brust told investors the telecommunications company plans to pay down its debt and continue to strengthen its balance sheet.


The Greek Debt Crisis Was Resolved By A Confidence Game (Forbes)

The Greek debt problem still exists and we may well find ourselves fretting about Athens once again.


Obama Can Offer Little in Talks With Papandreou on Debt Crisis (Bloomberg)

March 9 (Bloomberg) -- Greece's debt crisis may lead to slower U.S. growth, a rising dollar and turmoil in credit markets that may make it more difficult for cash-strapped states such as California to borrow.


Colony to Take Over Leibovitz Debt, Help Market Photographs (Bloomberg)

March 8 (Bloomberg) -- Colony Capital LLC agreed to take over the debt of Annie Leibovitz after the celebrity photographer bought back control of her works and real estate from Art Capital Group.