debt - News, Features, and Slideshows

News

• Wintech settles court battle with CFO

  Wholesale computer and accessories distributor Wintech Group (ASX:WTG) has settled a Supreme Court case it had been defending itself against for $85k

• Argus converts $2.33m in debt to shares

  Print management company has completed the first stage of its debt to equity conversion program under its capital raising scheme

• Optus prices $970m in convertible notes

  Optus (ASX:SGT) has priced $970m worth of convertible notes to be listed on the Singapore exchange, and will use the proceeds to enhance its debt maturity profile

• Argus (ASX:ASV) enters debt repayment agreements

  Print management company Argus Solutions (ASX:ASV) has proposed to convert into shares up to $4.34m of debt to its major suppliers

• Photo-Me proposes to convert debt into shares

  If approved by shareholders, the deal would result in a new majority owner

• TZ Limited recovering from near-collapse

  Slashed its debt by half and secured financing for new product development: Chairman

• The strategic role of the CFO

  The CFO in mid-size companies could well be called upon to play a more strategic role.
  

• Reducing debt

  The sales and marketing teams and, indeed, the board and CEO are all pointing to growth data and signals from the market that the economy is humming along an presenting more opportunities than they can possibly grasp. Yet the risk of a cash crunch remains.

• Managing cash flow

  After a couple of years in the economic doldrums the CFO, like all business leaders, is looking outward once again and preparing for growth. One item that has remained top of mind is cash flow.

• TSV revenue dips on reduced demand

  Bad debt provisions and exchange rate losses also cut into the company's bottom line

• Farm Pride admits to breaching loan agreement

  The company is in negotiations for a new business finance agreement

• Investors approve Babcock's $1.8b debt recap plan

  Canada's Brookfield will buy up to 39.9% of Babcock and Brown as part of the plan

• Sonic raises $250m via US private placement market

  Transaction to significantly expand company's debt maturity profile

• Coca-Cola Amatil raises $444m on US bond market

  The company is now fully funded to repay its debt due in 2010

• BBI raises $625m for debt refinancing

  Refinancing essential to avoid liquidation, warns independent auditor