Glencore Debt Shows Merger Will Reduce Rates: Corporate Finance

Glencore International Plc debt investors are betting that an $88 billion merger with miner Xstrata Plc would lead to lower borrowing costs.

Satyajit Das: The impossible puzzle: how to reduce debt without growth

In 2012, governments around the world will need to refinance around $7.6 trillion in debt (see table); $8 trillion if interest is included. A central part of the debate is how much government debt is too much. The unsustainability of sovereign debt levels above 60 per cent – 90 per cent of a country's gross domestic product proposed by economists Carmen Reinhart and Kenneth Rogoff, is accepted ...

Greek Debt Talks Progress, but Bailout Threatened by Budget Fight

A deal with private bondholders to reduce Greece's debt appears close, but political turmoil could derail agreement on other measures to secure the next installment of rescue funds.

Greek Debt Talks Progress, but Budget Fight Threatens Bailout

A deal with private bondholders to reduce Greece's debt appears close, but political turmoil could derail agreement on other measures to secure the next installment of rescue funds.

85 Percent of Refinancing Homeowners Maintain or Reduce Mortgage Debt in Fourth Quarter: 26-Year High

MCLEAN, Va., Feb. 2, 2012 /PRNewswire/ -- Freddie Mac (OTC: FMCC.OB - News) released the results of its fourth quarter refinance analysis showing homeowners who refinance continue to strengthen their fiscal house. ...