Bankruptcy

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Oil and gas contractor Cal Dive files for bankruptcy

March 3 - Offshore oil and gas contractor Cal Dive International Inc said the company and its U.S. subsidiaries filed for voluntary bankruptcy protection.

UPDATE 1-Caesars' operating unit files bankruptcy exit plan

March 3 - The operating unit of casino company Caesars Entertainment Corp unveiled its plan to cut $10 billion of debt and to exit Chapter 11 in a late Monday filing with a U.S. Bankruptcy Court.

Caesars' operating unit files bankruptcy exit plan

March 3 - The operating unit of casino company Caesars Entertainment Corp unveiled its plan to cut $10 billion of debt and to exit Chapter 11 in a late Monday filing with a U.S. Bankruptcy Court.

BRIEF-Solar-Fabrik postpones publication of 2014 annual report, insolvency process initiated

March 3 - Solar Fabrik fuer Produktion und Vertrieb von Solartechnischen Produkten AG :

12:13pm EST

UPDATE 2-African Bank's lending below levels to sustain "good bank"

JOHANNESBURG, March 3 - Failed South African lender African Bank Investments Ltd (Abil) is lending at levels below what is required to set up a new "good bank" using its healthy assets, administrators said on Tuesday.

Financials, 10:40am EST

Ukraine central bank declares fourth-largest lender insolvent

KIEV, March 3 - Ukraine's central bank declared the country's fourth-largest lender, Delta Bank, insolvent on Tuesday, saying it had adopted risky policies during a period of economic turmoil.

Financials 9:33am EST

UPDATE 1-ECB heat helps Arion Bank melt investors' resolve

LONDON, March 3 (IFR) - Hot market conditions have enticed investors to jump aboard the first public bond from an Icelandic bank since the country's financial industry collapsed, shrugging off concerns around the potential removal of capital controls and the deal's small size.

Financials 7:17am EST

Arion Bank launches 300m 3-year senior bond at mid-swaps plus 310bp

LONDON, March 3 (IFR) - Arion Bank has launched a 300m three-year senior bond at mid-swaps plus 310bp, the tight end of revised guidance according to a lead manager.

Financials, 5:49am EST

Demand for Arion Bank's 3-year bond in excess of 500m

LONDON, March 3 (IFR) - Demand for Arion Bank's 300m three-year senior bond issue is in excess of 500m, according to two lead managers.

Financials 5:07am EST

No signs of balance sheet cheating at Austria's Hypo-FMA

VIENNA, March 3 - Austrian bank supervisors have no indication that defunct lender Hypo Alpe Adria improperly valued assets on its balance sheet, the co-head of the Financial Market Authority (FMA) said.

Financials 4:03am EST

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