CoBiz files for $100 million debt, stock shelf
Reuters - CoBiz intends to use the proceeds from its sales for general corporate purposes, including increased capitalization of the bank, debt reduction, acquisitions, capital expenditure, working capital and stock repurchases. Reuters 2006. All
Source: today.reuters.com

Planned takeover adds a wild card to Harrah's ambitions
Newark Star-Ledger - One of the slides in the presentation showed that the company plans to make debt reduction a priority, as opposed to reinvesting for growth or mergers and acquisitions. That has led many industry observers to expect the owners to shed assets and
Source: www.nj.com

Tecumseh Products Company Reports Third Quarter 2006 Results
MSN MoneyCentral - This additional PIK interest would apply to the difference between a target amount of aggregate reduction in debt and the actual amount of first and second lien debt reduction according to the following milestones: Milestone Date
Source: news.moneycentral.msn.com

Greek shares higher in late afternoon trade, led by OPAP
Forbes - Construction group Aegek was dipping 3.5 pct to 0.82 eur after its said that it will be proposing a 1 new for 1 old rights issue at 0.6 eur per share to raise 64.8 mln eur for debt reduction. Hellenic Telecomms (OTE) was falling 1.4 pct to 23.38 eur
Source: www.forbes.com

Raytheon Agrees to Sell Raytheon Aircraft Company to GS Capital
MSN MoneyCentral - The Company also announced that, subject to the closing of this transaction, its Board of Directors has approved further debt reduction and an increase in the Company's stock repurchase authorization. "The sale of Raytheon Aircraft Company
Source: news.moneycentral.msn.com