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Credit Corporate Debt

  • *State ender VTB issued $11 bln loan, filings show. MOSCOW, Jan 17- Russian state-owned bank VTB lent over $11 billion to Qatar and commodities trader Glencore four days after they signed a deal to buy a stake in Russian state oil firm Rosneft for the same amount of money, according to company records seen by Reuters. Qatar's sovereign fund, the Qatar Investment...

  • *State ender VTB issued $11 bln loan, filings show. MOSCOW, Jan 17- Russian state-owned bank VTB lent over $11 billion to Qatar and commodities trader Glencore four days after they signed a deal to buy a stake in Russian state oil firm Rosneft for the same amount of money, according to company records seen by Reuters. Qatar's sovereign fund, the Qatar Investment...

  • MOSCOW, Jan 17- Russian state-owned bank VTB briefly lent over $11 billion to an entity controlled by Qatar and commodities trader Glencore four days after the Kremlin signed a deal to sell them a stake in state oil company Rosneft for a similar amount, two Russian newspapers reported on Tuesday. The existence of the short-term loan, if confirmed, muddies the...

  • MOSCOW, Jan 17- Russian state-owned bank VTB briefly lent over $11 billion to an entity controlled by Qatar and commodities trader Glencore four days after the Kremlin signed a deal to sell them a stake in state oil company Rosneft for a similar amount, two Russian newspapers reported on Tuesday. The existence of the short-term loan, if confirmed, muddies the...

  • WASHINGTON, Jan 12- The Bank of New York Mellon Corp will pay $6.6 million to resolve civil charges after it miscalculated its risk-based capital ratio, federal regulators said on Thursday. The Securities and Exchange Commission said the bank broke the capital rules by excluding from its calculations approximately $14 billion in collateralized loan...

  • Jan 10- Federal regulators criticized several Wall Street banks over the handling of a $1.15 billion loan they helped arrange for Uber Technologies Inc this past summer, according to people with knowledge of the matter. Led by Morgan Stanley, the banks helped the ride-sharing network tap the leveraged loan market in July for the first time, persuading...

  • BRUSSELS/ PARIS, Jan 10- European Union antitrust regulators approved the French government's plan to inject 4.5 billion euros into embattled nuclear group Areva, saying the rescue would not unduly distort competition. The European Commission's ruling will allow Areva, whose equity has been wiped out by years of losses, to restart as a smaller firm focused on...

  • *China vows to cap corporate debt ratios at current levels. BEIJING, Jan 10- China vowed on Tuesday to contain high company debt levels and further cut excess coal and steel capacity, as Beijing attempts to maintain solid and more balanced economic growth while avoiding destabilising asset bubbles. China's credit growth has been "very fast" by global standards,...

  • TOKYO, Jan 10- Toshiba Corp met creditors on Tuesday and asked them not to use provisions in debt agreements to call in their loans early, giving the troubled company time to work out a turnaround plan, sources with knowledge of the matter said. It was the first such meeting since the conglomerate, which is still recovering from a $1.3 billion accounting scandal,...

  • China's debt load is worrying investors and observers.

    China vowed on Tuesday to contain high company debt levels and further cut excess coal and steel capacity, as Beijing attempts to maintain solid and more balanced economic growth while avoiding destabilizing asset bubbles.

  • *China vows to cap corporate debt ratios at current levels. BEIJING, Jan 10- China vowed on Tuesday to contain high company debt levels and further cut excess coal and steel capacity, as Beijing attempts to maintain solid and more balanced economic growth while avoiding destabilising asset bubbles. China's credit growth has been "very fast" by global standards,...

  • MILAN/ PARIS, Jan 9- Alitalia and its shareholders presented their latest business plan to Italy's government on Monday, paving the way for crunch talks with unions over up to 2,000 job cuts that could decide the future of the struggling carrier. Italy's flag carrier approved on Dec. 22 a short-term financing deal and a new strategy, including job cuts, that allowed...

  • *Le Pen has pledged to ditch euro, change debt denomination. LONDON, Jan 6- Should France ditch the single currency under a president Le Pen, redenominating nearly 2 trillion euros of government bonds in "new francs" could be legally straightforward, but hundreds of billions of corporate debt would be left in limbo. Such a scenario became a possibility this week...

  • *Bankers expect to maintain loans despite credit downgrades. TOKYO, Jan 6- Toshiba Corp plans to meet with creditor banks on Tuesday to explain how it is addressing a massive charge that the Japanese company says it must take on its U.S. nuclear business, three bankers briefed on the meeting said. Toshiba, still recovering from a $1.3 billion accounting scandal in...

  • TOKYO, Jan 6- Toshiba Corp plans to meet with creditor banks on Tuesday to explain how it is addressing a massive charge the company says it must take on its U.S. nuclear business, two bankers briefed on the meeting said. The bankers told Reuters they expect creditors will agree not to call in loans while they discuss steps to aid the laptops-to-engineering...

  • Jan 4- Boeing Co said on Wednesday it had received a firm order for 75 of its 737 MAX 8 aircraft, valued at $8.25 billion at list prices, from General Electric Co's commercial aircraft leasing and financing arm. Through December 20, it had booked 470 net orders. On Dec. 27, Delta Air Lines said it was cancelling an order for 18 Boeing 787 Dreamliners.

  • Jan 4- Boeing Co said on Wednesday it had received an order for 75 of its 737 MAX 8 aircraft, valued at $8.25 billion at list prices, from General Electric Co's commercial aircraft leasing and financing arm. The deal increases firm orders from GE Capital Aviation Services for the latest generation of Boeing's best-selling 737 aircraft to 170, Boeing said.

  • Jan 4- Boeing Co said on Wednesday it had received an order for 75 of its 737 MAX 8 aircraft, valued at $8.25 billion at list prices, from General Electric Co's commercial aircraft leasing and financing arm.

  • Jan 3- Jefferies Group LLC has hired four senior Credit Suisse AG loan team members, according to people familiar with the matter, reflecting anticipation for new trading opportunities around leveraged finance. The hires include Credit Suisse veteran Jonathan Moneypenny, who will co-head global leveraged finance capital markets alongside Brian Wolfe.

  • WILMINGTON, Del., Dec 29- Peabody Energy Corp said on Thursday it extended a deadline for creditors to join financing deals aimed at bringing the largest U.S. coal miner out of bankruptcy amid growing creditor support for its plan of reorganization. Last week, Peabody unveiled its plan to eliminate more than $5 billion of debt and raise capital from creditors with...