Sept. 13 (Bloomberg) — Africa Israel Investments Ltd. said it’s “improbable” the company will be able to pay back its 2011 debt to bondholders, Chief Executive Officer Izzy Cohen told bondholders in Tel Aviv today.
Africa Israel May Ask Bondholders to Postpone Debt Repayment (Bloomberg)
Sept. 13 (Bloomberg) — Africa Israel Investments Ltd ., diamond mogul Lev Leviev’s real-estate developer, may ask bondholders to postpone payment after the company said it’s looking to restructure its debt.
Reliance’s $5.7 Billion Debt Cost Rising on Gas Delay (Update3) (Bloomberg)
Sept. 13 (Bloomberg) — Reliance Industries Ltd. said its cost of paying about 280 billion rupees ($5.7 billion) of debt raised to develop India’s biggest gas field is increasing after it capped output waiting for the government to find new buyers.
PLAINSBORO: Township saves on debt refinancing (The Princeton Packet)
PLAINSBORO — Taking advantage of the current economy, the township was able to refinance part of its debt with lower-than-expected interest rates at a significant savings to the township, township Chief Financial Officer Gregory Mayers reported to the Township Committee at its meeting Wednesday night.
Gleaner Editors’ Forum – Come clean about debt burden, analysts urge Government (Jamaica Gleaner)
LOCAL FINANCIAL experts have agreed that there is an urgent need for the Government to come clean about the country’s indebtedness. While the official debt figure is $1.2 trillion, the financial experts, who spoke at a recent Gleaner Editors’ Forum, agreed the contingent liabilities need to be determined and added to the equation before any credible programme can be implemented to deal with the …
Recent Comments