Refinancing Loan News
Oz Wins Debt Extension, But Future Remains Uncertain
Wednesday December 31, 2008
OZ MINERALS has received a last-minute lifeline from its bankers, who have granted it a two-month extension on the refinancing of more than $800 million in debt.Loan Books Are Cruising For A Bruising
Tuesday December 23, 2008
WHILE the Commonwealth Bank has been busy putting out spot fires after fumbling its $2 billion capital raising last week, bad debts on its books have piled up faster than expected.