Florida investor loan refinance


Nov. 12 (Bloomberg) — Incitec Pivot Ltd. , Australia’s largest fertilizer maker that today reported record profit, plans to sell A$1.17 billion ($773 million) in stock to existing share holders to refinance debt and pursue growth projects.

General Growth Falls on Talk of Bankruptcy Protection (Update3) (Bloomberg)
Nov. 11 (Bloomberg) — General Growth Properties Inc. , the second-largest U.S. shopping mall owner, fell the most ever in New York trading after saying it may seek bankruptcy protection if plans to refinance $958 million in debt do not succeed.

Telstra Hires Westpac to Get A$1 Billion Debt Refinancing Loan (Bloomberg)
Nov. 10 (Bloomberg) — Telstra Corp. , Australia’s largest phone company, hired Westpac Banking Corp. to help it borrow A$1 billion ($685 million) that it will use to refinance debt, according to a person familiar with the plan.

Small businesses go to community banks for loans (The Ocala Star-Banner)
Business owners are finding it harder to get loans as most lenders are tightening their standards, but the problem is largely restricted to banks with exposure to sub prime loans.

Philippines’ First Gen unit gets $544 mln loan (Reuters via Yahoo! Philippines News)
MANILA, Nov 11 (Reuters) - First Gas Power Corp, a unit of Philippine power producer First Gen Corp , has secured a $544 million term loan to repay its debt and that of its parent firm.

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