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• Postal Service's debt reducer: Drop Saturday USA Today - Mar 02 4:54 PM The U.S. Postal Service must make drastic changes to avert a projected loss of $238 billion over the next decade, including closing post office branches and raising prices, Postmaster General John Potter said Tuesday.
  
  
• U.K. Teeters on the Brink of Its Own Greek Debt Tragedy New York Times - Mar 02 4:57 PM A growing worry that the coming elections here could result in a hung Parliament has sparked fears that Britain will experience its own sovereign-debt meltdown.
  
  
• Copano Energy to sell 6.3M units to pay off debt AP via Yahoo! News - Mar 02 3:43 PM Natural gas company Copano Energy said Wednesday that it plans to sell 6.3 million units with the proceeds being used to repay debt.
  
  
• Solutia lays out debt plan for buying Etimex Solar AP via Yahoo! News - Mar 02 12:57 PM Specialty chemical and products maker Solutia Inc. said Tuesday it will refinance two loans worth $1.05 billion, and issue another $300 million in notes, in preparation for its planned purchase of Etimex Holding GmbH's solar unit.
  
  
• Templeton Says Buy Korea, Malaysia Debt to Avoid Sovereign Risk Bloomberg - 9 minutes ago March 3 (Bloomberg) -- Franklin Templeton Investments, manager of $187 billion of fixed income assets, is buying South Korean and Malaysian bonds on bets currency gains will boost returns as sovereign risk weighs down developed debt markets.
  
  

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