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February 26, 2008 |
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CHRYSLER LLC: Plastech Wants Other Restructuring Alternatives Plastech Engineered Products Inc. and its debtor-affiliates are in talks with their lenders and major customers about other possible restructuring alternatives... Read More |
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FLEXTRONICS: Getting MXN35 Million from Jalisco State Government Mexican news daily Milenio reports that Flextronics International Ltd. will get MXN35 million in grants from the Jalisco state government for the firm's expansion... Read More |
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INVENSYS PLC: Leverage Expectations Cue S&P's Positive Outlook Standard & Poor's Ratings Services revised its outlook on U.K.- based capital goods group Invensys PLC to positive from stable. At the same time, the 'BB' long-term corporate credit rating was affirmed.... Read More |
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NORTHERN ROCK: Withdraws Together Mortgage and Loan Deal Northern Rock plc withdrew its Together mortgage and loan deal last Thursday, February 21, 2008, leaving existing customers to remortgage at the bank's standard variable rate, currently at 7.59%, BBC news reports... Read More |
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ROSNEFT OIl: Gets US$3-Billion Credit Facility from 13 Banks OAO Rosneft Oil Co. signed a US$3 billion Structured Crude Oil Pre-Export Credit Facility from a group of international banks... Read More |
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STARLIGHT MEDIA: UK High Court Winds Up Advertising Company The High Court, following an investigation by the Companies Investigation Branch (CIB) of the Insolvency Service, has wound up Starlight Media (U.K.) Ltd., which claimed to have signed up businesses to advertisements which were to appear in a variety... Read More |
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WESTLB: Rehabilitation to Take Five 5 Years, German State Says The German state of North Rhine-Westphalia, which holds around a 40% stake in WestLB AG, has warned that it may take five years to rehabilitate the bank, Reuters reports... Read More |
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WHISTLEJACKET CAPITAL: S&P Puts All Ratings at 'D' Standard & Poor's Ratings Services lowered its issuer credit ratings on Whistlejacket Capital Ltd. and White Pine Corp. Ltd., which is sponsored by Standard Chartered Bank. Standard & Poor's also lowered its ratings on Whistlejacket's commercial... Read More |
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Today's Top Stories have been selected from the Troubled Company Reporter - Europe. To receive the Full TCR-EUR please CLICK HERE.
