Mortgage and Financial News From 2008-1-21 Page 41

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  • Goodman Group Fund Borrows A$1.6 Billion to Refinance, Expand

    Bloomberg - Jan. 21 (Bloomberg) -- Goodman Group, Australia's largest industrial real estate investment trust, said one of its unlisted funds agreed to borrow A$1.6 billion ($1.4 billion) from a group of banks to refinance debt and aid expansion plans. Westpac ...
    2008-01-19 03:57:00
  • BHP considers going hostile in £70bn takeover of mining rival

    Guardian Unlimited - Within 45 days of the deal closing BHP will have to refinance a $40bn (£20.4bn) loan, which Rio took out to fund its recent purchase of its Canadian rival Alcan, because it carries a change of control clause. Contact us | Print | Clip | Email | Share ...
    2008-01-21 03:23:00
  • Cash is king amid credit crunch

    Philadelphia Inquirer - ... however, by the threat posed by financial difficulties at highly leveraged investors like Australia-based Centro Properties Group, the fifth-largest U.S. shopping center owner. Centro is seeking new investors after it failed to profitably refinance ...
    2008-01-21 02:47:00
  • Greek OTE to hold board meeting next week on issue of 2.1 bln eur loan ...

    Forbes - The sources explained that the loan with be structured into three-year, seven-year and 10-year tranches and is being taken out to refinance its short-term 2.7 bln eur loan for the acquisition of mobile unit Cosmote minorities. The rest of the fund ...
    2008-01-21 03:44:00
  • Woolworths to set up drought relief

    News.com.au - Others may have large debt that they need to refinance," he said. "Obviously they may have to pay a little bit more for that debt. That's not something we're facing." Mr Luscombe made the comments as Woolworths set up a program to assist farmers ...
    2008-01-21 06:00:00
  • Spain's Popular seen raising 2007 profit 21 pct

    Reuters - We expect bad debts to keep rising, and we could also see more on its exposure to the property company Habitat (which is tryting to refinance a 1.745 billion euro syndicated loan in which Popular participated)," Ibersecurities said. Banco Popular ...
    2008-01-21 05:17:00
  • Understanding Cash Out Refinance

    HULIQ.com - Cash out refinance is a mortgage idea that house owners are applying these days. This loan can be better defined by relating it as the blend of home equity loan and a refinance loan. In this concept, the owner of the house applies for a new loan to ...
    2008-01-21 06:57:00
  • Liverpool Owner: 'I Am Fully Committed'

    Sky.com - ... of the Dubai government, tried to buy the Premiership side last year but were pipped at the post by Hicks and George Gillette. It is now rumoured to be preparing another bid in the region of £400m while the US pair are currently looking to refinance ...
    2008-01-21 06:22:00
  • Hicks denies Liverpool sale plans

    BBC News - Nor do I have any intention of doing so," added the American. Hicks and Gillett are currently looking to refinance the club's debt. The Americans are trying to arrange a £350m loan that would enable them to repay money borrowed for their £218.9m ...
    2008-01-21 06:29:00
  • Liverpool fans plan protest over future

    Reuters UK - That would allow them to refinance their original deal, repay loans taken out to buy players last year and to commence work on a new stadium. If the debt is not re-financed within the next three weeks, the interest repayments on it would rocket to ...
    2008-01-21 08:30:00
  • Northern Rock 'A-/A-1' ratings still on watch; preference shares cut ...

    CNBC - The proposal is for Northern Rock to refinance its current borrowing from the Bank of England through securitization transactions on which timely payment of principal and interest will be guaranteed by the government. Potential buyers of Northern ...
    2008-01-21 09:13:00
  • London shares - closing features

    CNBC - ... Resources 1,591 down 141 Global slow down fears; commodity prices down British Energy 496-1/2 down 35 EC says power generators making large windfall profits FTSE 250 risers Northern Rock 94-1/4 up 29-3/4 Government to refinance ...
    2008-01-21 09:13:00
  • UPDATE 3-Quebecor World to file for creditor protection

    Forbes - The Montreal-based company tried and failed to refinance its balance sheet late last year with a stock and debt offering. As well, it was unable to sell its European division. Chief Executive Jacques Mallette cited the two setbacks -- as well as ...
    2008-01-21 09:35:00
  • Belgium : Bekaert to issue € 100 million in 5-year notes - Fibre2fashion.com

    Belgium : Bekaert to issue € 100 million in 5-year notesFibre2fashion.com, India - 6 hours agoThe purpose of the issue is to refinance the existing credit lines and short term commercial paper, and to finance future growth initiatives. ...
    2008-01-21 04:29:29
  • Allco shares plunge as punters run - Sydney Morning Herald

    Allco shares plunge as punters runSydney Morning Herald, Australia - 5 hours agoShares in the Sydney company nosedived $2 to a low of $2.80 before closing at $3.10 on worries it could struggle to refinance $1.1 billion of loans expiring ...
    2008-01-21 04:59:13