Refinance loan rate
MOSCOW, Nov. 7 (UPI) — LUKoil, the largest oil firm in Russia, petitioned the Russian Development Bank for a $1.8 billion loan to refinance its foreign debts, officials said.
Sirius XM in Talks to Refinance Debt, Cuts Forecast (Update3) (Bloomberg)
Nov. 6 (Bloomberg) — Sirius XM Radio Inc. , the only U.S. pay-radio broadcaster, said it’s in talks with banks to refinance debt due next year and lowered its forecast for subscriber growth after U.S. car sales plummeted.
IMF Board Approves $15.7 Billion Loan for Hungary (Update2) (Bloomberg)
Nov. 7 (Bloomberg) — The International Monetary Fund approved a 12.3 billion-euro ($15.7 billion) loan to Hungary to shore up an economy ravaged by the global financial crisis in exchange for the government’s pledge to cut spending.
U.S. home-loan applications fall 20.3% (Providence Business News)
APPLICATIONS TO REFINANCE fell 27.8% last week, to 42.9% of applications, as interest rates on fixed-rate loans crept skyward, the MBA found.
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