Greyhound has spent weeks trying to reach an agreement with creditors to restructure its debt.

Under the agreement with creditors, they have three years to realise the firm's assets and pay back as much of the debt as possible.

The Hunt spokesman called the timing of the agreement with creditors and the company sale coincidental.

Yesterday, however, word that the corporation had reached an agreement with creditors contributed to a rally in the junk-bond market, participants said.

The package provides incentives for Argentina to reach agreement with creditors to restructure part of its $128 billion foreign debt.

A new management team took over and put the company into a prepackaged bankruptcy, reaching agreements with creditors before filing a plan for reorganization.

Grand Union plans to file a pre-packaged bankruptcy petition after reaching a reogranization agreement with creditors.

President Jamil Mahuad said the nation would use a 30-day grace period to work out a restructuring agreement with creditors.

Brazilian officials, in contrast, contend that, under the Government's four-part agreement with creditors, foreign banks are required to renew short-term credits.

The Castle was the last of Mr. Trump's casinos to reach a major agreement with creditors.

News that the Campeau Corporation had reached agreement with creditors prompted a rally in all sectors of the high-yield market, participants said.

When Ecuador signed a rescheduling agreement with creditors in 1985, it was hailed as a model for Latin debtor nations.

The newspaper resumed publishing the second week of February 2009 with certain agreements with creditors about payment of accumulating debt.

Attitudes were changing, however, and the Bankrupts (England) Act 1825 allowed people to start proceedings for their own bankruptcy, in agreement with creditors.

Under a tentative agreement with creditors, LTV put the aerospace and missile operations up for sale in May 1991.

The firms agreed to make the contributions on the condition that Legal Aid first reach agreements with creditors on repaying debts and balance its budget.

Then on 6 November 2008 Freightlink went into voluntary administration after failing to reach agreement with creditors on the terms of a sale of the business.

The struggling retailer eliminated its dividend on Wednesday, and said it had reached an agreement with creditors that would prevent mortgage debt holders from seeking early repayment.

Former England captain Tony Greig, now resident in Sydney, has reached an agreement with creditors which has ended moved to declare him bankrupt.

Mr. Hopkins took the posts in April after the company's founder, Donald D. Kingsborough, stepped down as part of an agreement with creditors.

China Aviation Singapore said it had appointed Deloitte & Touche Advisory Services to help it work out an agreement with creditors.

The Bally Manufacturing Corporation said its Bally's Grand casino unit in Nevada had reached an agreement with creditors to restructure $412.8 million in debt.

Companies Just hours before T.W.A. faced seizure of its planes, Carl Icahn averted a showdown by reaching a tentative agreement with creditors.

The three Hunt brothers - Nelson Bunker, William Herbert and Lamar - could be forced to sell major sections of their energy holdings under any agreement with creditors.

Mr. Hoffenberg tentatively agreed to buy the newspaper from Peter S. Kalikow yesterday, provided that he can reach an agreement with creditors and unions in the next 30 days.