Wednesday, September 8, 2010

Consolidation in Romania As Cosmote Buys Zapp (Cellular-News.com)

June 30, 2009 by  
Filed under Debt Consolidation

Greece’s Cosmote Group confirmed earlier rumours and has signed a deal to buy Romania’s Telemobil (Zapp) for a total consideration of around EUR205 million.

Rite Aid Completes $1.9 Billion Refinancing of Its September 2010 Debt Maturities (Business Wire via Yahoo! Finance)

June 29, 2009 by  
Filed under Debt Counseling

CAMP HILL, Pa.—-Rite Aid Corporation announced today that it has successfully completed its previously announced refinancing of the majority of its September 2010 debt maturities, including its $145 million Tranche 1 Term Loan and $1.75 billion senior secured revolving credit facility.

Emaar downplays debt burden of Dubai property merger (Zawya)

June 29, 2009 by  
Filed under Debt Settlement

DUBAI, Jun 28, 2009 (AFP) – Dubai real estate giant Emaar Properties Emaar Properties said on Sunday that the debt of the entity to be created through its merger with three other property developers will not exceed 3.64 billion dollars, seven percent of combined assets.