Credit Corporate Debt

  • MEXICO CITY, April 13- Mexico's finance ministry announced on Wednesday a series of measures to improve national oil company Pemex's ailing finances, giving it a 73.5 billion peso liquidity boost. That includes a capital injection of 26.5 billion pesos and a credit facility for a further 47 billion pesos to pay down pension costs this year.

  • MEXICO CITY, April 13- Mexico's government announced on Wednesday a series of measures to improve national oil company Pemex's ailing finances, giving it a 73.5 billion peso liquidity boost. That includes a capital injection of 26.5 billion pesos and a credit facility for a further 47 billion pesos to pay down pension costs this year. Mexico's oil output has...

  • April 12- Nomura Holdings Inc is laying off more than two-thirds of its U.S. employees who focus on leveraged buyouts, people familiar with the matter said on Tuesday, as the Japanese bank announced broad strategic changes in Europe and the United States to boost profits. The staff cuts began on Tuesday as Nomura announced the strategic changes after losing...

  • *CMB finalising plans to set up 1st branch in Australia- sources. SYDNEY, April 13- China's banks are muscling into Australia by financing fast-growing Chinese property and corporate investments Down Under, invoking a warning from the Australian regulator that rapid expansion by foreign lenders is a potential systemic threat. Total loans by Chinese banks...

  • April 11- Chesapeake Energy Corp surprised investors on Monday by keeping its $4 billion loan from banks despite concerns about its liquidity position at a time when many oil and gas producers are seeing their credit cut. Oklahoma City- based Chesapeake said it won the relief after pledging additional assets as collateral. Investors quickly pushed up...

  • April 11- Chesapeake Energy Corp said its borrowing base was reaffirmed at $4 billion, but it had to pledge additional assets as collateral. Just a few weeks into the current round of talks, over a dozen companies have had their loan limits cut by a total of $3.5 billion, or a fifth of available credit, according to data compiled by Reuters. At that rate, $10 billion more...

  • April 8- Sears Holdings Corp said it had obtained a $500 million loan as the retailer looks to boost its cash reserves to fund a transformation and reduce the number of company-owned stores. Sears said $250 million of the 15- month loan was funded on Friday with the remainder being accessible in the future. Lampert's ESL Investments Inc provided $125 million of...

  • April 8- Sears Holdings Corp said it had obtained a $500 million loan as the retailer reduces the number of stores it owns.

  • SAO PAULO/ BRASILIA, April 7- Banks in Brazil will step up corporate loan refinancing deals this year, the central bank said on Thursday, suggesting the impact of the harshest recession in over a century and escalating political turmoil are hurting the ability of factories, shops and farmers to honor their debt. Brazil's longest and most intense recession since...

  • April 7- A delay in appointing members to the U.S. Export-Import Bank board threatens to cost Boeing Co sales, the company's chief executive said on Thursday, raising similar concern for General Electric and other U.S. companies that depend on the agency's export financing. Boeing is on the verge of losing orders because only two of five seats on the agency's...

  • April 6- Sprint Corp, the No. 4 U.S. wireless carrier, said it would raise $2.2 billion in cash through a deal for the sale and lease-back of certain network assets. As of Dec. 31, Sprint had total liquidity of $6 billion with an additional $600 million of availability under vendor financing agreements. The company's total liabilities stood at $59.22 billion, while...

  • Valeant's U.S.-listed shares were up 16 percent at $30.27 in premarket trading. The drugmaker said on Tuesday it was on schedule to file its annual report on or before April 29 and that it would be in compliance with all financial covenants in its credit facility at the end of each affected quarterly period. The company said last week it had asked its lenders for...

  • Workers wash off hoses that are part of the oil rig owned by Liberty Resources, located just outside of Tioga, ND in the Bakken region of US.

    Goldman Sachs said the net effects of cheaper crude on growth have been "negative so far," given the impact on oil producers.

  • Fixed income in emerging markets

    Sergio Trigo-Paz, head of emerging market debt at BlackRock, talks about the outlook for fixed income assets in markets such as China.

  • The headquarters of Valeant Pharmaceuticals International in Laval, Quebec.

    Bill George, Harvard Business School professor, former Medtronic CEO and CNBC Contributor, weighs in on the Valeant Pharmaceuticals leadership change and gives his pick for who should replace Michael Pearson as CEO.

  • Pro on VRX: There's a bigger story here

    Herb Greenberg, CNBC Contributor and partner at Pacific Square Research, talks about Valeant's leadership change and the similarities to Tyco back in 2002.

  • Near-term concern on Valeant debt

    CNBC's Meg Tirrell follows the story of Valeant Pharma's debt and growing worries from investors.

  • Beware of buybacks?

    CNBC's Dominic Chu reports on the possibility that share buybacks could trigger the next downturn in markets.

  • Candidates & corporate America

    Discussing the presidential campaigning with big corporations in the spotlight, with Libby Cantrill, PIMCO's policy & politics expert, and CNBC's senior contributor Larry Kudlow.

  • Yuan currency China

    Fears China's debt mountain will turn into an avalanche have hit the headlines recently, but there are signs at least some of the risk is easing.