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Tesoro raises $500M in debt offering

MSN MoneyCentral - Tesoro Corp. has closed on its offer for $500 million in senior notes due in 2017, the company said Tuesday. The San Antonio oil refiner sold $500 million in notes at 6 1/2 percent. The debt was issued via a private placement and the notes are ... Read more...

Debt risks grow in private equity boom

Reuters - NEW YORK (Reuters) - Private equity firms are piling so much debt onto the companies they buy that some are left with barely enough cash to make interest payments, according to bankers involved in the current wave of leveraged buyouts. After past ... Read more...

Group Wants Argentina Pressured on Debt

MSN MoneyCentral - MILAN, Italy (AP) - A group formed to recoup investors' losses from Argentina's 2001 record default on sovereign debt urged G-8 leaders on Wednesday to pressure the South American nation to come up with better repayment terms now that it is ... Read more...

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