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Tag: debt
Greek-German summit amid debt fears
2015-03-23 02:12:31| BBC News | Business | UK Edition
Greek Prime Minister Alexis Tsipras is set to meet German Chancellor Angela Merkel amid mounting concern that Athens is running out of money.
Council writes off 4m cricket debt
2015-03-19 14:35:29| BBC News | Business | UK Edition
A 4.4m debt owed by Glamorgan County Cricket Club to Cardiff council following the redevelopment of the Swalec Stadium is written off.
Tags: council
debt
writes
cricket
Greek debt talks too slow - EC chief
2015-03-13 13:50:38| BBC News | Business | UK Edition
European Commission President Jean-Claude Juncker has criticised the pace of progress in talks over Greece's debt, since last month's interim deal.
NIi Holdings reaches debt restructuring agreement
2015-03-06 14:43:00| Telecompaper Headlines
(Telecompaper) Latin American mobile operator NII Holdings announced that the mobile operator reached an agreement with the holders of over 70 percent of the senior notes issued by each of NII Capital Corp and NII International Telecom, and the official committee of unsecured creditors regarding the terms of a revised plan of reorganisation to be implemented in the group's Chapter 11 cases. The new agreement replaces that entered into on 24 November 2014, which was terminated following the agreement in January to sell Nextel Mexico to AT&T. Under the terms of the revised plan, NII Holdings will implement a consensual reorganisation of the NII debtors following the completion of the proposed sale of the company's operations in Mexico.
Tags: agreement
debt
holdings
reaches
-Oil hedge helps Oando prepay debt after ConocoPhillips' deal
2015-03-04 14:47:10| Oil & Gas - Topix.net
Nigerian energy company Oando Plc has prepaid $238 million out of the $900 million it borrowed to part finance the acquisition of ConocoPhillips' Nigerian oil and gas business, the company said on Tuesday. Oando bought ConocoPhillips's upstream oil and gas business in Nigeria last July for $1.5 billion, helping it transition from a marketer of refined petroleum products into one of the top players in the West African country's oil industry.
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