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Intesa Sanpaolo says Carifano sale boosts capital - ForbesMILAN, Dec 3 (Reuters) - Intesa Sanpaolo will boost its Core Tier 1 capital ratio by about 6 basis points via the sale of its 30 percent stake in Cassa di Risparmio di Fano (Carifano), it said on Wednesday. Italy's largest bank said in a statement it ...
Gillett trying to refinance debt - Sports Business JournalLiverpool FC co-owner George Gillett is trying to refinance $75 million of personal debt that pledges his interest in the soccer team as collateral, according to sources familiar with the situation. The money is due late next month unless the three ...
Rio in talks to refinance $23bn in short-term debt - The AustralianRIO Tinto has begun talks with relationship banks about refinancing its $US15 billion ($23 billion) short-term debt now that BHP Billiton has withdrawn its hostile takeover bid for the mining company, people familiar with the situation said. "It was ...
UPDATE 1-Italy's Tassara reaches deal with banks -source - ForbesMILAN, Dec 1 (Reuters) - Carlo Tassara, the holding company of financier Romain Zaleski, has reached a deal with creditor banks, a source close to the operation told Reuters on Monday. Carlo Tassara has been trying to refinance about 1.3 billion ...
Italy's Tassara reaches deal with banks -source - Guardian UnlimitedMILAN, Dec 1 (Reuters) - Carlo Tassara, the holding company of financier Romain Zaleski, has reached a deal with creditor banks, a source close to the operation told Reuters on Monday. Carlo Tassara has been trying to refinance about 1.3 billion ...
STOCKS NEWS EUROPE-Reed Elsevier falls after RBS downgrade - Reuters UKShares in Reed Elsevier (REL.L: Quote , Profile , Research ) drop 4.3 percent after Royal Bank of Scotland downgrades the stock to "hold" from "buy", and a newspaper says the publisher could skip dividends in the next two years if it can't sell its ...
UPDATE 1-Colonial sets buy option prices on FCC, SFL stakes - FXStreet.comMADRID, Dec 2 (Reuters) - Indebted Spanish property developer Colonial said on Tuesday it had priced the buy options on the stakes it has conceded to its creditor banks in Spanish builder FCC and France's SFL. In a note to the Spanish stock exchange ...
Loan week, November 21-27 - Finance AsiaAustralia BHP Billiton withdrew its bid for Rio Tinto on November 25. Syndication of a $55 billion debt package to support the bid was launched in February via bookrunners Barclays Capital, BNP Paribas, Banco Santander, Citigroup, Goldman Sachs, HSBC ...
Rio's stock hits record low on debt fears - The AustralianThe market is coming to grips with declining iron ore prices. Picture: Reuters. The mining giant’s shares slumped as much as 10.9 per cent to $32.80 in early trading, below the four-year low of $36.80 at the closing of trading yesterday. Its shares ...
$104.7 million of financing for REIT - Rocky Mountain NewsDenver-based ProLogis, the world's largest industrial real estate investment trust, said Tuesday it has closed $104.7 million in financing. The 10-year financing carries a 6.38 percent coupon rate. The proceeds will be used to refinance $62 million ...
Today's Mortgage Terms starting with J
Jumbo Loan: A mortgage over the $300,700 limit established by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. A jumbo mortgage tend to carry a higher interest rate than a conventional mortgage.
Junior Mortgage: A mortgage subordinate to the claim of a prior lien or mortgage. In the case of a foreclosure, a senior mortgage or lien will be paid down first.
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