Cemex Buys Time With $4 Billion Debt Refinancing (Update2) (Bloomberg)
January 28th, 2009 adminMore info…
Jan. 28 (Bloomberg) — Cemex SAB , the largest cement maker in the Americas, rose the most in a month after completing an agreement with banks to refinance $4 billion of loans, helping the company keep up with payments on its $16.4 billion net debt.
Independent News & Media Said to Plan Web Asset Sales (Update1) (Bloomberg)
Jan. 28 (Bloomberg) — Independent News & Media Plc plans to sell its U.K. online gaming unit and a price-comparison Web site, and refinance 200 million euros ($263 million) of debt as earnings slide, people familiar with the plans said.
TMK to Borrow $1.1 Billion From Gazprombank, Vedomosti Says (Bloomberg)
Jan. 28 (Bloomberg) — OAO TMK, Russias biggest pipe maker, may borrow $1.1 billion from OAO Gazprombank to refinance debt, Vedomosti reported, citing unidentified bankers.
