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Latest Bonds Stories

2012-10-10 11:27:00

HIGH POINT, N.C., Oct. 10, 2012 /PRNewswire/ -- The management team of Vita Nonwovens has successfully completed a management buyout of the business from Vitafoam, Inc., a division of UK parent company The Vita Group, Ltd. Through the advice of Cary Street Partners, LLC, the management team partnered with Charlotte based private equity firms Capital South Partners and Crutchfield Capital combined with Source Capital Mezzanine Fund and PNC bank to complete the transaction August 31, 2012....

2012-10-10 07:30:09

WHITING, Ind., Oct. 10, 2012 /PRNewswire/ -- As frugality becomes increasingly mainstream, more U.S. adults are embracing coupon use on dates. A new CouponCabin survey reveals that more than one-quarter (26 percent) of U.S. adults report they have used a coupon on a first date, up from 18 percent who said the same last year. In addition, more than one-quarter (26 percent) said that they would have a positive reaction to their date using a coupon to help pay for a first date. This survey was...

2012-10-10 07:22:19

WASHINGTON, Oct. 10, 2012 /PRNewswire/ -- A coalition of municipal market professionals representing dealers, issuers and local leaders announced plans today to launch Municipal Bonds for America, a national coalition committed to protect the tax exempt status of municipal bonds. Municipal Bonds for America is being launched just days after the 99(th )anniversary of the Revenue Act of 1913, which was signed into law by President Woodrow Wilson on October 3, 1913. The Revenue Act of 1913...

2012-09-28 10:20:43

PARK RIDGE, N.J., Sept. 28, 2012 /PRNewswire/ -- Hertz Global Holdings, Inc. (the "Company") (NYSE: HTZ) today announced that the Company's $474,733,000 aggregate principal amount outstanding of 5.25% Convertible Senior Notes Due 2014 (the "Notes") will continue to be convertible by holders of the Notes. This conversion right has been triggered because the Company's closing common stock price per share exceeded $10.77 for at least 20 trading days during the 30 consecutive trading day period...

2012-09-26 06:25:40

PARIS, September 26, 2012 /PRNewswire/ -- Compagnie de Saint-Gobain today set the terms of a 17 year bond issue for an amount of GBP 250 million with an annual coupon of 4.625%. The issue has been entirely swapped into EUR, resulting in a financing cost in EUR over the 17 years of 4.31%. Thanks to this bond issue, Saint-Gobain is refinancing in advance future debt maturities. By issuing in GBP Saint-Gobain was able to achieve a diversification of its bond investors...

2012-09-21 14:20:41

BURBANK, Calif., Sept. 21, 2012 /PRNewswire/ -- LBI Media, Inc. ("Media") announced today that the Expiration Date has been extended to midnight, New York City time, on September 28, 2012 for their previously announced private exchange offers (the "Exchange Offers") to exchange: <blockquote> (a) Media's 11% Senior Secured Notes due 2019 (the "Senior Priority Secured Notes") and Media's 11% Junior Priority Senior Secured Notes due 2019 (the "Junior Priority Senior Secured...

2012-09-20 06:36:50

NEW YORK, Sept. 20, 2012 /PRNewswire/ -- Gimme Credit, a leading provider of corporate bond buy and sell recommendations, and BondDesk Group, a leader in fixed income technology and operator of the largest odd-lot fixed income alternative trading system (ATS), announced today the availability of Gimme Credit's recommendations on BondDesk's award winning BondWorks(TM) Wealth Management Platform. The new integration of independent bond research and trading will reach several hundred thousand...

2012-09-18 14:22:37

PLANO, Texas, Sept. 18, 2012 /PRNewswire/ -- LifeCare Holdings, Inc. (the "Company") has obtained loan waivers from its Senior Secured Lenders and more than a majority of its Senior Subordinated Noteholders. The waivers, which expire on November 1, 2012, provide the Company additional time to continue discussions with its creditors, potential buyers and other interested parties as it pursues longer-term solutions for its debt structure. The Senior Secured Lenders waived cross-defaults...

2012-09-11 10:24:07

SALT LAKE CITY, Sept. 11, 2012 /PRNewswire/ -- Zions Direct, the online broker-dealer that allows its customers to purchase municipal bonds in its daily web-based auctions, announces its weekly auction results. Since 2006, Zions Direct has auctioned over $1.9 billion in more than 6,000 fixed-income auctions. (Logo: http://photos.prnewswire.com/prnh/20110914/SF68814LOGO) In auctions closed from September 3, 2012 to September 7, 2012, investors purchasing municipal bonds in the auctions...

2012-09-09 18:20:44

MONTE CARLO, Sept. 10, 2012 /PRNewswire/ -- Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc (NYSE:AON), today launches a new report that assesses the creditworthiness of the global reinsurance industry through a series of comprehensive analytical techniques. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) Credit Risk of Property Catastrophe Reinsurers examines the credit quality of reinsurers since 2000. The report notes that in the past 12...