Alcatel Wins $2.1 Billion of Secured Financing

Alcatel-Lucent SA reached a 1.6 billion-euro ($2.1 billion) financing deal with Credit Suisse Group AG and Goldman Sachs Group Inc., gaining time to implement an overhaul to stem losses at the French phone-equipment maker. (Source: Bloomberg)

Abengoa's Bondholders Jumping Ship
50:36 - Creditors of the troubled Spanish renewable energy company, Abengoa, are facing tough choices this morning. They're being told to dump their holdings in the firm or take their chances in an eventual settlement. Abengoa has been teetering on the edge of becoming Spain's biggest corporate bankruptcy. Bloomberg's Rodrigo Orihuela reports on "Countdown." (Source: Bloomberg)
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