Mortgage and Financial News From 2007-12-28 Page 5

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  • UK housing market could spell economic trouble

    Guardian Unlimited - Tighter lending conditions for more than a million people expected to have to refinance fixed-rate deals could also add pain to consumers already mortgaged to the hilt -- outstanding housing debt stands at more than a trillion pounds.
    2007-12-28 03:44:00

  • Piedmont Natural Gas Q4 Net Loss Widens; Backs FY08 EPS Outlook ...

    RTT News - The Merger Agreement also requires Model to refinance debt owed by Model to an associate. The refinancing is to be through a $50 million three-year term loan from the affiliate and, if needed, a transfer of inventory from Model to the affiliate to ...
    2007-12-28 01:09:00

  • Kazakstan Kagazy Announces Share Capital Increase in Its Subsidiaries ...

    Forbes - Kazakhstan Kagazy PLC also announced that it has extended US$ 38.4 million loan to its subsidiaries to refinance their existing debt. *** For further information, please visit www.kazakhstankagazy.com Kazakhstan ...
    2007-12-28 03:37:00

  • Business Briefs:

    Daily Times - ... KUALA LUMPUR, Dec 28 - Malaysian builder Sunway Infrastructure Bhd said on Friday its toll-road operator unit, Sistem Lingkaran-Lebuhraya Kajang Sdn Bhd, plans to issue Islamic bonds worth 752.2 million ringgit ($226.8 million) to refinance an ...
    2007-12-28 02:50:00

  • Kazakhstan Kagazy says subsidiary to raise share capital

    Forbes - The company said it has also extended a 38.4 mln usd loan to its subsidiaries to refinance their existing debt. tfn.newsdesk@thomson.com sim/bsu/rfw COPYRIGHT Copyright Thomson Financial News Limited 2007. All rights reserved. The copying, republication ...
    2007-12-28 04:34:00

  • Bombardier, Kingsway, Kinross Gold: Canadian Equity Preview

    Bloomberg - The facility will be used to refinance bonds maturing Dec. 31 at lower interest rates, Kingsway said in a statement distributed by PRNewswire. The shares fell 8 cents to C$11.87. Kinross Gold Corp. (K CN): Canada's third-largest bullion ...
    2007-12-28 05:17:00

  • Ireland expects to tap debt market in 2008

    Guardian Unlimited - Ireland raised 6.0 billion euros in a long-term bond this year to refinance a maturing bond. It was the first time NTMA tapped the debt market since it raised $500 million in 2005, which was then converted into euros.
    2007-12-28 08:45:00

  • Centro's investment funds locked up

    News.com.au - Last Tuesday Centro announced it needed to refinance $3.9 billion of current debt by February 15. It had previously raised money in the US commercial money markets, which have since been stricken by the credit crisis. The company is likely to have to ...
    2007-12-28 09:06:00

  • 40 Years Is a Bad Way to Spell Relief

    MSN MoneyCentral - It would, for example, be a way to refinance an adjustable-rate mortgage (ARM) that's about to reset a much higher interest rate into a fixed loan. But don't consider it without a lot of due diligence. Note that: The savings aren't always so great ...
    2007-12-28 08:16:00

  • Brazil's Debt-to-GDP Ratio Falls to Lowest Since 1998 (Update1)

    Bloomberg - An expanding economy and decreasing costs to refinance debt are positive for the ratio. Present Value More recently, quickening inflation also played a role, said Mario Mesquita, the bank's economic policy director ...
    2007-12-28 08:30:00

  • Europe's energy stocks provide ray of light

    MSN MoneyCentral - Fears escalated that a slowdown in the Spanish housing market could cause problems for the nation's construction companies, which are some of the most highly geared in Europe, as they look to refinance toll road and utilities projects. Construction ...
    2007-12-28 11:36:00

  • American Capital Invests in the One Stop Buyout(TM) of NECCO

    Forbes - American Capital has assisted in the refinance or syndication of approximately $2 billion of senior debt for its portfolio companies in the last twelve months and approximately $1 billion from June 30, 2007 to date. For more information about ...
    2007-12-28 01:02:00

  • RAMS gets a $3.5bn loan lifeline (Daily Telegraph)

    RAMS, which is in the throes of selling its brand and distribution business to Westpac, has announced it has been able to line up enough funding to "roll over" or refinance $3.5 billion of its debt.
    2007-12-28 05:01:00

  • RAMS on track to refinance debt (Parkes Champion-Post)

    RAMS Home Loans Group Ltd, which has been trying to refinance debt amid difficult conditions in credit markets, has secured enough funding to rollover about two thirds of its maturing US short term debt.
    2007-12-28 03:33:22

  • Identity theft scams - should you provide a copy of your DL to an internet company? (The Devens Commerce Journal)

    Identity theft scams - should you provide a copy of your DL to an internet company?
    2007-12-28 08:02:36

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