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CNBC

UBS: Chinese companies are getting more careful about debt
CNBC
Chinese companies are "rationalizing" their use of debt, said Eugene Qian, chairman of UBS' China strategy board. Chinese companies seeking overseas acquisitions are being more careful to avoid overpaying, Qian said on the sidelines of the World ...
Premier Li: China can control financial risks as debt risesABC News

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CNBC

How I ditched debt: Lauren Greutman
CNBC
When Lauren found herself concealing $600 worth of new clothing in her car, she knew she had to own up, change her spending habits and attack the debt. It took two years to pay off. Lauren wrote about her experience in the book "The Recovering Spender" ...



Forbes

IRS Private Debt Collectors Accused Of Pressuring Taxpayers, Breaking The Law
Forbes
A new law which went into effect this year directs the Internal Revenue Service (IRS) to hand over some unpaid tax bills to private agencies for collections. The law was pushed through despite the failures of past privatization efforts and despite ...
Senators concerned about IRS private debt collector abuseAccounting Today

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MyAJC

After Puerto Rico's debt crisis, worries shift to Virgin Islands
MyAJC
MIREYA ACIERTO/NYT Lindbergh Bay beach in St. Thomas, Virgin Islands, May 28, 2017. With debts piling up and lenders growing nervous, the U.S. Virgin Islands is approaching the same kind of fiscal crisis that engulfed Puerto Rico. (Mireya Acierto/The ...

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SiriusXM Continues To Pile On Debt
Seeking Alpha
The last time the company went to the debt markets in May 2016, it was able to issue $1 billion of 10-year Senior Notes at a 5.375% coupon rate, with an Original Issue Discount of $11.25 million (or 1.125%) and an effective interest rate of ~5.5%. The ...

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Bloomberg

China Debt Squeeze Has Moody's Awaiting First Local Default
Bloomberg
China may finally be ready to cut the cord when it comes to the country's troubled local government financing vehicles. Beijing's deleveraging drive has seen rules impacting LGFV debt refinancing tightened, spurring a slump in issuance by the vehicles ...
Rising risk in Chinese local government debtFinancial Times

all 2 news articles »


Bloomberg

Why China's Secretive Regulators Are An Issue for Asian Dollar ...
Bloomberg
China's regulatory moves can appear secretive and scattershot to outside observers. When it comes to the country's deleveraging drive, that's presenting ...

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Valeant Pharma: A Debt Swap? - Barron's
Barron's
The debt-ridden drug maker's share price spiked more than 7% today due to speculation that a debt-to-equity swap could be on the horizon. This analysts ...

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Bloomberg

Insurer Giants in Americas Court Aussie Firms for Debt Deals
Bloomberg
Australian companies hunting for bespoke debt deals are finding willing lenders in the Americas, where low interest rates have prompted investors to venture further abroad for yield. With nearly 40 percent of the world's bonds yielding less than 1 ...

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The Hill

Poll: Majority worried about national debt
The Hill
Voters are troubled about the national debt, according to a monthly survey by the Peter G. Peterson Foundation, which advocates for deficit and debt reduction. June's version of the “fiscal confidence index,” obtained by The Hill ahead of its Tuesday ...

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