Debt Reduction Company

Research company creditors out $1.3M (The Scranton TimesTribune)

WILKESBARRE Cornerstone Technologies LLC, a research company owned by relatives of U.S. Rep. Paul E. Kanjorski and funded with $9.2 million in federal defense earmarks secured by the congressman, wont pay a penny of the $1.34 million it owes to its creditors, a bankruptcy trustee said Thursday. Read more

Babcock Brown Pays More to Extend its Debt Funding (Update4) (Bloomberg.com)

March 27 (Bloomberg) Babcock Brown Ltd. , Australias secondlargest investment bank, paid a higher yield margin to lenders who agreed to increase debt funding by 19 percent to A$2.8 billion ($2.6 billion). Read more

Babcock Brown Pays More to Extend its Debt Funding (Update3) (Bloomberg.com)

March 27 (Bloomberg) Babcock Brown Ltd. , Australias secondlargest investment bank, paid more to lenders who agreed to increase debt funding by 19 percent to A$2.8 billion ($2.6 billion). Read more

Fannie, Freddie May Raise $20 Billion, Regulator Says (Update1) (Bloomberg.com)

March 28 (Bloomberg) Fannie Mae and Freddie Mac , the U.S. governmentchartered mortgage companies, may raise as much as $20 billion in capital as part of an agreement that allows them to buy more debt securities, their regulator said. Read more

AGY Holding Corp. Announces Receipt of the Requisite Consents and Execution of the Supplemental Indenture (wallstreet:online AG)

AGY Holding Corp. (AGY or the Company) announced today that it has received Read more