PARIS, Oct 31 - French public passenger transport group Transdev, owned by Veolia and state bank CDC, is to call in loans to its France-Corsica ferry operator unit SNCM next week, it said on Friday, pushing the unit into filing for court protection from insolvency.
LONDON, Oct 31 (IFR) - SEB is preparing to sell a debut contingent convertible (Coco) bond following an investor roadshow that will begin next week, according to a lead manager.
LONDON, Oct 31 (IFR) - The European senior bank debt market is yet to fully factor in the risk of bail-in despite an approaching deadline that will see some countries introduce burden sharing measures into local laws as early as 2015.
SACRAMENTO, Oct 30 - Stockton, California, employees breathed a sigh of relief on Thursday as a judge ruled the city could exit bankruptcy, leaving benefits administered by public pension giant Calpers untouched.
NEW YORK, Oct 30 - Hedge fund manager Phil Falcone's efforts to hold onto a piece of his LightSquared wireless venture took a hit on Thursday when a bankruptcy judge denied a request by his Harbinger Capital Partners to wipe out a lender group's $1.7 billion claim against a unit of the company.
(Adds Calpers statement, retiree comment, analyst comment)
NEW YORK, Oct 30 - A large group of creditors of MF Global Holdings Ltd's bankrupt brokerage unit will soon receive their first payout, as $518.7 million of checks start to be mailed out on Friday, the third anniversary of the company's Chapter 11 filing.
FRANKFURT, Oct 30 - Russian investor Viktor Kharitonin has bought a majority stake in the financially troubled Nuerburgring race track in Germany, the track's administrator said on Thursday.
Oct 30 - The California Public Employees' Retirement System (Calpers) welcomed a ruling by a federal judge on Thursday allowing Stockton to exit bankruptcy in a plan that will not see pensions cut.
Oct 30 - The judge in the Stockton, California, bankruptcy ruled on Thursday that creditor Franklin Templeton will get just over $4 million from an original debt of $36 million.
- M&A: Volksbanken AG sells Czech leasing unit to GE Money Bank
- IPOs: Spain's Treasury says to issue bonds due 2017, 2023, 2024 on Nov 6
- Private Capital: Siemens seen picking EQT for hearing aids next week
- Hedge Funds: Hedge fund billionaire, unions trade blows in Phoenix pension fight
- Regulatory News: REFILE-UPDATE 2-Leaner Sony gains smartphone lift despite its own mobile malaise
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