Credit Suisse lowers hurdle to redeem delisted oil ETNs
NEW YORK, Dec 9 Credit Suisse on Friday said it would reduce the minimum redemption amount of two popular exchange-traded notes, used to bet on the price of oil, from 25,000 to 500.
WASHINGTON, July 18 President Barack Obama and his senior advisers are closely monitoring the situation in Detroit after the city filed for bankruptcy on Thursday, the White House said.
"While leaders on the ground in Michigan and the city's creditors understand that they must find a solution to Detroit's serious financial challenge, we remain committed to continuing our strong partnership with Detroit as it works to recover and revitalize and maintain its status as one of America's great cities," said Amy Brundage, a White House spokeswoman.
* Belmond Ltd files for potential mixed shelf offering, size not disclosed - SEC filing Source text - http://bit.ly/2gKlNZL Further company coverage:
* Extended maturity date of its $125 million revolving credit facility by one year to December 14, 2017