Homebuilder KB Home offers bonds to retire debt

KB Home set to offer bonds as well as notes issued to assist its plan to retire soon to be maturing debt.

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Tokyo Electric receives reprieve from debt through roll overs

Tokyo Electric's debtors allow debt roll over for the stricken power utility firm.

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Potbelly IPO proceeds to pay off debts and expansion plans

Potbelly gained USD105 million in its IPO, which would be used for dividend and debt payouts.

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JC Penney faces uphill climb

JC Penney Co Inc's decision to sell shares caused its stock value to further depreciate.

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The main protagonists in the latest German elections

Germany's new leaders after its recent elections would reflect the future of not only the country but of the EU as well.

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Caesar's Entertainment refinancing debt and restructuring loans

Caesar's Entertainment has planned to raise nearly five billion to refinance its overall debt.

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Telecom Italia cancels board meeting

The cancellation of the Telecom Italia board meeting buys the firm more time to plan out ways to revitalize its flagging business.

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Saudi Telecom in talks to sell off Axis Telekom

Saudi Telecom, whose goal is to repay a USD1.2 billion debt, is planning to sell off its subsidiary to raise the funds.

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MMX sells off shares in port to Trafigura and Mubadala

Eike Batista's MMX sold off its debt and partial stake to commodities trader Trafigura Beheer BV and sovereign wealth fund Mubadala Development Crop for the Sudeste port.

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OSX Brazil SA to undergo restructuring

Eike Batista's OSX Brasil SA engaged the services of Bingham McCutchen LLP for its restructuring efforts.

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VPG's debt sale results in new management

The Vehicle Production Group is under new management as AM General purchased the DOE denominated debt.

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Detroit court judge overrules charges against governor, emergency manager

Bankruptcy court judge suspends charges made by employees and pension holders to bring focus of the case back into Detroit courtroom.

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Cinven, to refinance GBP 438 million buyout with debt

Private equity firm Cinven seeks the help of banks to refinance buyout of Host Europe Group.

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Sonic's Q2 profits drop due to debt retirement; sales increase

Sonic Automotive's Q2 profits dropped because of debt retirement charges, while its sales increased.

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Oxford Finance okays US $11.5 mln loan package for Continuum Healthcare

Oxford Finance gives Continuum Healthcare debt financing amounting to US $11.5 million consisting of revolving credit line worth US $1.5 million and senior secured term loan amounting to US $10 million.

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