Loan mortgage rate refinance
KUALA LUMPUR: TM International Bhd (TMI) says it will probably borrow in ringgit to refinance debt due to former parent Telekom Malaysia Bhd (TM) and a loan it used to expand in India.
GM seeks $250M loan from Detroit pension fund (Detroit News)
DETROIT — General Motors Corp. officials pitched a plan today to borrow $250 million from a city pension fund and refinance the Renaissance Center, but pension fund members did not approve or reject the request.
Redstone Sells to Meet Loan Terms; Viacom, CBS Cut (Update1) (Bloomberg)
Oct. 10 (Bloomberg) — Sumner Redstone , the billionaire who controls Viacom Inc. and CBS Corp., is being forced to sell about one-fifth of his stake in the media companies to meet loan terms at his holding company, National Amusements Inc.
Buffets defaults on loan, aims to refinance (Minneapolis-St. Paul Star Tribune)
Buffets Inc. missed sales targets in September, triggering a default on a $280 million bankruptcy loan that has been funding the Eagan company’s restructuring effort, court documents say.
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