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Sallie Mae Plans First Bond Sale in Almost Two Years (Update2) - Bloomberg.com

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The senior unsecured notes may be issued as soon as today and yield 8.25 percent, said the person, who declined to be identified because terms aren’t set. Sallie Mae hasn’t sold unsecured debt since June 2008, according to data compiled by Bloomberg, as rising delinquencies on student loans
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Blockbuster Seeks to Cut DVD Costs, May File Chap. 11 (Update1) - Bloomberg.com

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Canadian assets may be pledged as collateral for accounts payable to studios, the Dallas-based retailer said in a regulatory filing today. Blockbuster said it may have to file for Chapter 11 bankruptcy as part of a debt exchange with creditors. “It is possible that a successful and
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