U.S. Auto Industry Debt Volume Highest Since 2006
- Renault aims to trim debt, slow down acquisition drive. De Saint-Seine, Sylviane // Automotive News Europe;12/04/2000, Vol. 5 Issue 25, p21
Deals with the plans of Renault SA to eliminate its debt load. Acquisition drives; Priorities for 2001; Expected earnings.
- Venture gets more time to save unit. Kosdrosky, Terry // Automotive News;9/9/2002, Vol. 77 Issue 6001, p22J
Reports the extension on the completion of trade and debt agreements between Venture Holdings Co. and automakers in Europe. Generation of venture capital for the bankrupt business subsidiary; Assessment of the finances of the company; Evaluation of the cash flow.
- DaimlerChrysler's bond deal succeeds despite the bad ink. O'Leary, Christopher // Investment Dealers' Digest;01/15/2001, Vol. 67 Issue 2, p12
Reports on the success of the seven-billion-dollar corporate bond deal issued by German automaker DaimlerChrysler AG in the week prior to January 15, 2001. Heavy demand for the bonds; High-grade investors' willingness to take a chance on an issuer whose publicized troubles have wreaked havoc on...
- Contech Files Chapter 11, Looks to Divest Holdings. // Modern Casting;Mar2009, Vol. 99 Issue 3, p19
The article reports on the decision of automotive part supplier Contech LLC of Portage, Michigan to file for Chapter 11 bankruptcy for its domestic facilities under the U.S. Bankruptcy Code. The company would be allowed by the bankruptcy filing to sell certain existing domestic operations and...
- What will Nissan do with all that cash? De Saint-Seine, Sylviane // Automotive News Europe;5/5/2003, Vol. 8 Issue 9, p3
Reports on the plans of the automobile company Nissan to look for investment opportunities. Amount of debt posted by the company in 1999; Goals of the company for its operating margin; Features of its investment plan.
- Renault plans to have zero debt by 2005. De Saint-Seine, Sylviane // Automotive News Europe;5/5/2003, Vol. 8 Issue 9, p3
Reports on the plans of the automobile company Renault to pay its debt in France by 2005. Amount of debt posted by the company; Factors that contribute to the company's debt; Information on its net automotive debt.
- A Friend In Need Is A DIP Loan Waiting To Happen. Rozens, Aleksandrs // Investment Dealers' Digest;6/12/2009, Vol. 75 Issue 23, p1
The article focuses on the sources of debtor-in-possession (DIP) loans in the U.S. The author observes that some DIP loans came from customers of bankrupt corporations. In fact, he points out that several automobile companies have offered DIP loans to Visteon Corp., a company which filed...
- Daewood Courts Bankruptcy. Kobe, Gerry; Bursa, Mark // Automotive Industries;Aug99, Vol. 179 Issue 8, p18
Reports that Daewoo's borrowings finally caught up with it in July 1999, with Chairman Kim Woo-choong staving off bankruptcy for his company. Delay in repayment of existing loans; Corporate restructuring.
- GM Unveils Mammoth $27B Exchange Offer. Rozens, Aleksandrs // Mergers & Acquisitions Report;5/4/2009, Vol. 22 Issue 18, p41
The article reports on an exchange offer unveiled by General Motors that trades 27 billion U.S. dollar worth of debt for equity. According to the company, it anticipates to seek bankruptcy relief if the exchange offer is not completed. The best path for the future success of the company will be...