Creditors Committee - Ampal - American Israel Corporation
While the case is pending before the bankruptcy court, stays of collection and of unsecured
interest are in effect.
Millennium Cell intends to file a resale registration statement with the Securities and Exchange Commission ("SEC") within the next forty-five days for the common shares underlying the Unsecured
Debentures, the warrants, and shares potentially issuable for interest paid in lieu of cash in accordance with the terms of the Unsecured
In In re Continental Vending Machine Corporation, DC NY, 11/19/76, a taxpayer in a Chapter 10 bankruptcy proceeding claimed deductions for interest on debt to both its secured and unsecured
With the exception of $2 million in mortgage notes, all of Con-way's debt is unsecured
Fitch has also upgraded Vitro's $225 million senior unsecured
notes due 2013 to 'B+/RR3' from 'CCC/RR4', upgraded Vitro's national scale rating to 'BB+(mex)' from 'BB(mex)'.
The assets acquired by the investor group are almost entirely unencumbered, reducing the remaining unencumbered asset support of unsecured
debt at Reckson OP.
Proposed $1 billion guaranteed senior unsecured
term loan due 2014 'BB-/RR2'.
The current issuance of shares under the Plan follows an initial pro rata distribution of 16,095,776 shares of common stock of AAWW to holders of allowed general unsecured
claims in July 2005 and subsequent interim distributions to eligible claimholders of 40,940 shares in October 2005, 7,493 shares in January 2006, 40,824 shares in April 2006, and 396,625 shares in October 2006.
Upon closing of the transaction, Fitch expects to withdraw its 'BB-' unsecured
bank facility rating and withdraw its 'BB-' senior unsecured
notes rating for existing senior unsecured
notes due 2007 and 2008 with the successful completion of debt tender offers.
s (TMA or Thornburg) Issuer Default Rating (IDR) and senior unsecured
The ratings upgrade reflects the strength of ACAS' overall financial performance, strong capitalization, and slightly improved funding flexibility due to the company's progress over the past two years toward meeting its goal of having unsecured
debt comprise 50% of total debt.
CHICAGO -- Fitch Ratings has downgraded Ford Motor Company's (Ford) senior unsecured
ratings to 'B-/RR5' from 'B/RR4' due to the increase in size of both the secured facilities and the senior unsecured
convertible notes being offered.
CHICAGO -- Fitch has assigned a rating of 'B/RR4' to the $3 billion in senior unsecured
convertible notes being offered by Ford Motor Company (Ford).
2 billion of senior unsecured
notes and $400 million of subordinated notes.