I Forum di Investireoggi - Visualizza messaggio singolo - Obbligazioni societarie CIT Group, SLM, GMAC e le finanziarie USA che (forse) si salveranno diventando banche

paologorgo · 01-11-2009, 22:15

CIT Group's (CIT) board says it will file for bankruptcy. (MW)

Nearly 90% of CIT's debtholders voted in favor of prepackaged bankruptcy, which it says will enable it to reduce total debt by $10B (including, one assumes, the government's $2.3B injection), significantly reduce its liquidity needs over the next three years, enhance its capital ratios and accelerate its return to profitability. Bondholders will receive about $0.70 on the dollar. (PR)

CIT's bankruptcy filing, including a full listing of its creditors. CIT lists $65B in liabilities.

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01-11-2009, 22:15	#154 (permalink)
paologorgo Chapter 11 Data registrazione: May 2004 Località: Carpi - MO - Messaggi: 4,132	CIT Group's (CIT) board says it will file for bankruptcy. (MW) Nearly 90% of CIT's debtholders voted in favor of prepackaged bankruptcy, which it says will enable it to reduce total debt by $10B (including, one assumes, the government's $2.3B injection), significantly reduce its liquidity needs over the next three years, enhance its capital ratios and accelerate its return to profitability. Bondholders will receive about $0.70 on the dollar. (PR) CIT's bankruptcy filing, including a full listing of its creditors. CIT lists $65B in liabilities. Seeking Alpha __________________ Amorgos for moderator!