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  • Realogy Bonds Tumble on Debt Exchange Offer to Avoid Default (Bloomberg)
    www.bloomberg.com
    Nov. 14 (Bloomberg) -- Realogy Corp. bonds tumbled after the owner of the Century 21 and Coldwell Banker brands said it's at risk of violating the terms of its bank loans and is offering to exchange about $1.1 billion of bonds at a discount for new debt.
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    www.financialexpress.com
    The latest study report released by credit rating agency, Crisil, reveals a sharp decline in the disbursement levels of non-banking financial companies in the past two months, as they have focused on repaying their maturing short-term obligations to the mutual funds.
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