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Surge says $430-million asset sale will reduce debt, help invest in discovery

2015-04-27 17:21:00| Oil & Gas - Topix.net

Surge Energy Inc. is selling some of its oil-producing assets in Saskatchewan and Manitoba for $430 million to an unidentified Canadian company. Calgary-based Surge said the sale will allow it to reduce its indebtedness and prepare it to redeploy capital to the Upper Shaunavon oil discovery in southwestern Saskatchewan.

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Surge says $430-million asset sale will reduce debt, help invest in discovery

2015-04-27 17:15:24| Energy - Topix.net

Surge Energy Inc. is selling some of its oil-producing assets in Saskatchewan and Manitoba for $430 million to an unidentified Canadian company. Calgary-based Surge said the sale will allow it to reduce its indebtedness and prepare it to redeploy capital to the Upper Shaunavon oil discovery in southwestern Saskatchewan.

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Windstream Announces Redemption of Debt

2015-04-25 21:48:12| IT Services - Topix.net

Windstream Holdings, Inc. announced today that its wholly owned-subsidiaries, Windstream Services, LLC and PAETEC Holding, LLC , are calling for redemption certain of their outstanding notes on May 27, 2015. Windstream is calling all of the approximately $400 million outstanding aggregate principal amount of its 8.125% Senior Notes due 2018 at a redemption price payable in cash that is equal to $1,040.63 per $1,000 principal amount of the WIN Notes, plus accrued and unpaid interest to, but excluding, the redemption date.

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Windstream Announces Redemption of Debt

2015-04-25 10:53:20| Grocery - Topix.net

Windstream Holdings, Inc. announced today that its wholly owned-subsidiaries, Windstream Services, LLC and PAETEC Holding, LLC , are calling for redemption certain of their outstanding notes on May 27, 2015. Windstream is calling all of the approximately $400 million outstanding aggregate principal amount of its 8.125% Senior Notes due 2018 at a redemption price payable in cash that is equal to $1,040.63 per $1,000 principal amount of the WIN Notes, plus accrued and unpaid interest to, but excluding, the redemption date.

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VIDEO: How the UK got a 30bn debt mountain

2015-04-23 10:32:49| BBC News | Business | UK Edition

The BBC's Steph McGovern reports on the events which brought the British financial system close to collapse.

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