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FX Street
Dec 4
Comment
The European Central Bank (ECB) kept its main refinancing rate unchanged at 1%, but announced that it will phase out its six-month and one-year refinancing facilities and move to an index-based interest rate rather than a fixed or auction based...
MarketWatch
Dec 3
Comment
European Central Bank President Jean-Claude Trichet on Thursday said the interest rate on the upcoming 12-month long-term refinancing operation on Dec. 16 would be indexed at market rates rather than being carried out at a fixed rate of 1%....
MarketWatch
Dec 3
Comment
Del Monte Foods Co. said Thursday its second-quarter net income climbed to $62.6 million, or 31 cents a share, from $50.4 million, or 25 cents a share in the year-ago period. Breaking out 5 cents a share for refinancing expenses, the San...
MarketWatch
Dec 3
Comment
Russian aluminum giant Rusal said Thursday it has signed a deal on the comprehensive restructuring of its debt of $16.8 billion. The restructuring of $7.4 billion debt to international lenders will be split into two phases, the company said....
Wall Street Journal
Dec 2
Comment
Barclays, Lloyds and RBS are faced with having to refinance cheap government-assisted funding at higher levels over the next couple of years, potentially causing a $10 billion drop in earnings, a Credit Suisse report said.
Reuters
Dec 1
Comment
The shareholders of De Beers, the world's largest diamond producer, have agreed to a rights issue of up to $1 billion to cut its $4.0 billion of debt, the company said on Tuesday.
Reuters
Nov 25
Comment
* To replace certain short-term debt with longer-term debt
(In U.S. dollars unless noted)
Metal Bulletin
Nov 25
Comment
Gerdau Ameristeel Corp. is borrowing $610 million from Gerdau Holdings Inc., a subsidiary of Brazilian parent company Gerdau SA.
StreetInsider.com
Nov 24
Comment
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Gerdau+Ameristeel+%28GNA%29+Enters+Into+%24610M+Refinancing/5138464.html for the full story.
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This article is a part of Wikinvest's Personal Finance section and Guide to Investing. Please contribute or edit to improve it. |
See also Refinancing a Home Loan and Refinancing a Car Loan.
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