Weekly Trade Round Up
Harrah’s Entertainment has drawn down the remaining $740 million of its $2 billion revolver, prompting speculation a bankruptcy filing isn’t far off; Automaker debt was relatively unchanged early Wednesday morning after General Motors Corp. and Chrysler Automotive pleas for more federal money Tuesday evening when they unveiled their reorganization plans; and Consulting company BearingPoint has filed for Chapter 11 bankruptcy protection after reaching a restructuring agreement with senior secured lenders.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast