Google has suspended business activity involving the transfer of hardware, software and key technical services with Huawei. Analysts say that could be a big blow to the...Technologyread more
Global dividends reached a first-quarter record of $263.3 billion, rising 7.8% despite concerns about the world economy, according to new reach Monday.Marketsread more
Huawei Technologies will immediately lose access to updates to the Android operating system, a source close the matter told Reuters.Technologyread more
Huawei claims it has developed its own operating system for smartphones and laptops for "extenuating circumstances."Technologyread more
Current geopolitical tensions are making it harder and harder for oil-producing nations to make decisions that will help stabilize crude prices, Russian Energy Minister...Oilread more
Oil prices jumped on Monday after Saudi Energy Minister Khalid al-Falih indicated there was a consensus among OPEC and allied oil producers to continue limiting supply.Energyread more
Bank, property and healthcare stocks jumped, pushing Australian markets to a 11-year high, as Scott Morrison and the Liberal-led conservation government are poised for a...World Marketsread more
Trump's threat, posted on Twitter, comes amid rising international tensions in the Middle East as the U.S. has dispatched a carrier strike group and bomber task force to the...Politicsread more
Trade tensions between the U.S. and China stalled a global recovery and are continuing to endanger investment and growth, the secretary general of the OECD warned Monday.World Economyread more
Prime Minister Narendra Modi and his Bharatiya Janata Party are set to form the new government again, exit polls from India's month-long parliamentary elections show. But past...Electionsread more
The latest crisis in the uneasy French-German relationship was accelerated by Trump's decision to stop Germany's comfortable and decades-old free-riding on trade and security...Europe Politicsread more
CAMP HILL, Pa., March 30, 2015 (GLOBE NEWSWIRE) -- Harsco Corporation (NYSE:HSC) announced today it has successfully entered into an amendment of its five-year credit agreement from 2012 that increases the Company's access to funds and, after completing the refinancing of the Company's October 2015 Senior Notes, will extend the termination date to June 2019. The amended $500 million facility was issued through a multi-national consortium of 11 banks, co-led by Citibank, JPMorgan Chase and HSBC.
"We are extremely pleased with the continued confidence of the global lending community in Harsco's financial capacity and long-term outlook," said Peter F. Minan, Chief Financial Officer. "This extended facility, which was oversubscribed, provides greater financial flexibility and substantial, back-up liquidity to support our ongoing transformation."
Harsco Corporation is a diversified industrial company serving major industries that are fundamental to worldwide growth and development, including steel and metals, railways and energy. Harsco's common stock is a component of the S&P MidCap 400 Index and the Russell 2000 Index. Additional information can be found at www.harsco.com.