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Problem debt 'costs UK economy 8bn'

2014-10-08 03:08:55| BBC News | Business | UK Edition

A leading debt charity says the knock-on costs for the economy of people getting into too much debt amount to more than 8bn a year.

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Merck Prices EUR 2.5 Billion Debt Offering

2014-10-06 18:28:00| Merck.com - Corporate News

Dateline City: WHITEHOUSE STATION, N.J. WHITEHOUSE STATION, N.J.--(BUSINESS WIRE)--Merck & Co., Inc. (the Company) (NYSE:MRK), known as MSD outside of the United States and Canada, priced today EUR 2.5 billion public offering of three series of Euro-denominated senior unsecured notes (collectively, the New Notes). Based on Oct. 3, 2014, closing exchange rates the EUR 2.5 billion equates to approximately $3.1 billion. The notes include: Language: English Contact: Merck & Co., Inc.Media:Steven Cragle, 908-423-3461Lainie Keller, 908-236-5036Investor:Joe Romanelli, 908-423-5185Justin Holko, 908-423-5088 Ticker Slug: Ticker: MRK Exchange: NYSE read more

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Merck Announces Proposed Public Debt Offering

2014-10-06 09:24:00| Merck.com - Corporate News

Dateline City: WHITEHOUSE STATION, N.J. WHITEHOUSE STATION, N.J.--(BUSINESS WIRE)--Merck & Co., Inc. (the Company) (NYSE:MRK), known as MSD outside the United States and Canada, announced today the commencement of a public offering of three series of Euro denominated senior unsecured notes due 2021, 2026 and 2034 (collectively, the New Notes). The exact terms and timing of the offering will depend upon market conditions and other factors. Language: English Contact: Merck & Co., Inc.Media:Steve Cragle, 908-423-3461Lainie Keller, 908-236-5036orInvestor:Joe Romanelli, 908-423-5185Justin Holko, 908-423-5088 Ticker Slug: Ticker: MRK Exchange: NYSE read more

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Argentina defies US over debt payment

2014-09-30 20:20:38| BBC News | Business | UK Edition

Argentina deposits $161m in bond interest payments with the state-controlled Nacion Fideicomisos bank, in an effort to skirt US court rulings.

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Mumias Sugar in Sh5bn debt talks with seven banks

2014-09-30 10:52:29| Sugar Industry News

Mumias Sugar Company acting CEO Coutts Otolo speaks during a media briefing on the company\'s financial performance for the year ended June 30, 2014 in Nairobi on September 11. The results showed a total loss of Sh2.7 billion

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