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Refinancing Loan News

Australis Given Breathing Space By Packer

Friday April 19, 1996
Sydney. The struggling satellite and microwave broadcaster Australis Media has gained a six-month reprieve. Its complex $200 million refinancing came after a shock last-minute intervention in negotiations by Kerry Packer's Publishing and Broadcasting. PBL would end up with 11 per cent of Aust

Australis Board In Urgent Meeting

Sunday April 14, 1996
Australis Media's directors meet for an emergency board meeting today as the pay TV group enters its third week of suspension amid widely differing claims about the progress of vital refinancing talks with Mr Rupert Murdoch's News Corp and US cable giant Tele-Communications Inc. Australis chairma

Australis Doom Or Deal Rumors Flying

Sunday April 14, 1996
Australis Media enters its third week of suspension today amid widely differing claims about the progress of vital refinancing talks with Mr Rupert Murdoch's News Corp and the US cable giant Tele-Communications. Suggestions that the $US150 million ($A190 million) lifeline was finalised and would

Some Risks, But Refinancing A Lure

Friday April 5, 1996
It marks the next step in the evolution of that favourite Australian sport: bank-bashing. Bank customers are done with sledging their bank from the sidelines and have taken their natural hostility towards financial institutions to a new level by demanding, and getting, a better deal on their home