GO
Loading...

Corporate Debt

More

  • Average US 30-year mortgage rate at 3.97 percent Thursday, 16 Oct 2014 | 10:23 AM ET

    WASHINGTON— Average U.S. mortgage rates tumbled this week. The 30- year loan hit its lowest level since June 2013 as Treasury bond yields marked new lows amid concern over global economic weakness. Mortgage company Freddie Mac said Thursday that the nationwide average for a 30- year loan dipped to 3.97 percent from 4.12 percent last week.

  • MOSCOW, Oct 14- Gazprom discussed possible trade and corporate financing along with bond issues with Industrial and Commercial Bank of China Limited, one of the world's biggest, the Russian state-controlled gas company said in a statement. In May, Gazprom has signed a $400- billion gas deal to supply China with gas over 30 years. Gazprom added that bond issues...

  • RUSSIA'S GAZPROM SAYS DISCUSSES POSSIBLE TRADE AND CORPORATE FINANCING, BOND ISSUES WITH INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED.

  • *Agile Property shares close down 17.2 pct. HONG KONG, Oct 13- Chinese developer Agile Property Holdings Ltd, battling an industry slowdown and speculation about ties to China's former security chief, said it is in talks with banks about extending a bridge loan and the founder's family would commit to lending $200 million. Agile said Chen- whose family wealth of...

  • *Agile Property shares drop more than 20 pct. HONG KONG, Oct 13- Chinese developer Agile Property Holdings Ltd, battling an industry slowdown and media speculation about ties to China's former security chief, said it was in talks with banks about extending what remains of a $475 million loan due in December. Agile said Chen- whose family wealth of $3.2 billion was...

  • HONG KONG, Oct 13- China's Agile Property Holdings Ltd is in talks with banks to extend a remaining bridge loan, the company said on an analyst briefing call on Monday. Shares in the Hong Kong- listed property developer slumped by more than a fifth as trading in the stock resumed following news last week that it withdrew a rights issue and that its chairman Chen Zhuo...

  • Bernanke says he was reluctant on AIG bailout Friday, 10 Oct 2014 | 3:13 PM ET

    WASHINGTON— Former Federal Reserve Chairman Ben Bernanke etched a portrait Friday of his initial reluctance to have the central bank rescue American International Group Inc. in 2008. But he ultimately came to believe the $85 billion bailout loan to the company was needed to avert a shock to the financial system. "I did not make any personal judgments about the...

  • Bernanke defends AIG bailout in court Thursday, 9 Oct 2014 | 3:09 PM ET

    WASHINGTON— Former Federal Reserve Chairman Ben Bernanke testified in federal court Thursday that insurance giant American International Group Inc. had to be rescued by the government in 2008 to avert global catastrophe. Bernanke was one of the key decision makers on the bailout, which began with an $85 billion rescue loan from the New York Federal Reserve...

  • US mortgage rates down for third straight week Thursday, 9 Oct 2014 | 10:28 AM ET

    WASHINGTON— Average U.S. mortgage rates fell for the third straight week, making it more affordable to borrow to buy a home. Mortgage company Freddie Mac said Thursday that the nationwide average for a 30- year loan fell to 4.12 percent from 4.19 percent last week. Average price growth has slowed, rising just 6.4 percent in August compared with a year ago, according...

  • MUMBAI, Oct 9- Plunging sugar prices have forced at least one Indian sugar mill to default on bank loans and could drive others to do the same, the latest sign of the heavy toll a four-year-old supply glut in the country is taking on producers of the sweetener. One of the country's largest sugar mills, Mawana Sugars Ltd, has defaulted on 2.5 billion rupees of...

  • WASHINGTON, Oct 8- Former U.S. Treasury Secretary Timothy Geithner defended the 2008 bailout of American International Group Inc for a second day on Wednesday, struggling at times to respond to increasingly contentious questions about the government's efforts to rescue the insurance company as it stood minutes from bankruptcy. The questions came in the...

  • TORONTO, Oct 8- A provincial court on Wednesday approved U.S. Steel Corp's C $185 million debtor-in-possession financing facility for the company's Canadian unit and extended its protection from creditors until late January. Steel Canada and its stakeholders to come together to develop a viable plan of arrangement for the business, "the Canadian unit's...

  • ONTARIO COURT SAYS WILL APPROVE U.S STEEL CANADA DEBTOR FINANCING FACILITY THAT IS BEING PROVIDED BY PARENT CO.

  • NEW YORK, Oct 8- Bank of America Corp has clinched a deal to provide inventory and working capital financing to the biggest oil refinery on the East Coast, replacing JPMorgan Chase& Co with a revamped arrangement that excludes physical supplies, according to a source familiar with the deal. The agreement with Philadelphia Energy Solutions, sealed on Tuesday, will...

  • AP Top Financial News At 11:38 a.m. EDT Wednesday, 8 Oct 2014 | 11:38 AM ET

    Economic growth worries weigh on markets Report: Federal budget deficit falls to $486 B Court hears dispute over pay for security checks SolarCity loan deal could propel rooftop market Service without a smile: why airlines aren't nice Monsanto posts larger-than-expected 4 Q loss Geithner grilled in court over AIG bailout Company recalls floor mats...

  • AP Top Financial News At 11:32 a.m. EDT Wednesday, 8 Oct 2014 | 11:32 AM ET

    SolarCity loan deal could propel rooftop market Geithner grilled in court over AIG bailout Economic growth worries weigh on markets Monsanto posts larger-than-expected 4 Q loss Report: Federal budget deficit falls to $486 B Court hears dispute over pay for security checks Service without a smile: why airlines aren't nice Company recalls floor mats...

  • AP Top Financial News At 11:30 a.m. EDT Wednesday, 8 Oct 2014 | 11:30 AM ET

    SolarCity loan deal could propel rooftop market Geithner grilled in court over AIG bailout Economic growth worries weigh on markets Monsanto posts larger-than-expected 4 Q loss Court hears dispute over pay for security checks Service without a smile: why airlines aren't nice Company recalls floor mats fitting GM trucks Russia approves sanctions...

  • AP Top Financial News At 10:53 a.m. EDT Wednesday, 8 Oct 2014 | 10:53 AM ET

    SolarCity loan deal could propel rooftop market Geithner grilled in court over AIG bailout Economic growth worries weigh on markets Monsanto posts larger-than-expected 4 Q loss Service without a smile: why airlines aren't nice Company recalls floor mats fitting GM trucks Russia approves sanctions compensation Safety advocates seek stronger warnings...

  • AP Top Financial News At 10:50 a.m. EDT Wednesday, 8 Oct 2014 | 10:50 AM ET

    Economic growth worries weigh on markets SolarCity loan deal could propel rooftop market Geithner grilled in court over AIG bailout Monsanto posts larger-than-expected 4 Q loss Service without a smile: why airlines aren't nice Company recalls floor mats fitting GM trucks Russia approves sanctions compensation Safety advocates seek stronger warnings...

  • AP Top Financial News At 10:45 a.m. EDT Wednesday, 8 Oct 2014 | 10:45 AM ET

    Economic growth worries weigh on markets SolarCity loan deal could propel rooftop market Geithner grilled in court over AIG bailout Monsanto posts larger-than-expected 4 Q loss Company recalls floor mats fitting GM trucks Russia approves sanctions compensation Safety advocates seek stronger warnings on Chantix Costco tops Street 4 Q forecasts Ahead...