Credit Debt Repair

Posts Related to AIG Draws Another $2.4 Billion From Fed Credit Line (Update1) (Bloomberg)

• AIG `On The Mend’ Lowers Federal Reserve Debt by $3.5 Billion Since April

  American International Group Inc. reduced the debt it owes on a Federal Reserve credit line by about $3.5 billion in the last three months, signaling ...

• FDIC Said to be Unwilling to Back CIT Debt Due to Credit Risk (Bloomberg)

  July 9 (Bloomberg) -- The Federal Deposit Insurance Corp. is unwilling to give CIT Group Inc. access to its Temporary Liquidity Guarantee Program because the ...

• CIT Amends $29 Billion Debt Swap to Avoid Collapse (Update1) (Bloomberg)

  Oct. 17 (Bloomberg) -- CIT Group Inc. , the 101-year-old commercial lender seeking to avoid collapse, changed the terms of its $29 billion debt exchange ...

• FDIC Said to Withhold CIT Debt Guarantees Due to Credit Risk (Bloomberg)

  July 10 (Bloomberg) -- The Federal Deposit Insurance Corp. is unwilling to guarantee CIT Group Inc. ’s bond sales because the commercial lender’s credit quality ...

• Local Business Digest: Sunrise given more time on credit line (Washington Post)

  Sunrise Senior Living, a McLean-based operator of assisted living facilities, said Monday that it won a one-year extension on an expiring credit line. The $62.9 ...