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Riskiest Bank Debt Draws In $6.5 Billion Carnegie Fund in Sweden
2015-08-20 11:21:14| Appliances - Topix.net
Carnegie Fonder AB, a Swedish firm with about $6.5 billion in assets under management, is turning to bank bonds with the highest risk as it searches for better returns. Stockholm-based Carnegie, which oversees almost $3 billion in investment-grade and high-yield assets, says it's buying additional Tier 1 bonds as part of a strategy that targets returns as high as 4 percent in its Swedish krona Corporate Bond fund.
PGNiG Upstream secures $400m loan to repay debt
2015-08-14 01:00:00| Offshore Technology
PGNiG Upstream International (PUI) has signed a $400m loan agreement with eight banks to pay some of PUIs outstanding debt.
Tags: loan
debt
upstream
repay
Surge in car loans pushes auto debt above $1 trillion for first time
2015-08-13 21:21:37| Auto Dealers - Topix.net
Robert Schemer, his wife, Kelly, and their son Graham, 9, pose next to their newly purchased pre-owned 2013 Ford Flex Limited, at the Star Ford Lincoln dealership in Glendale on July 2. At right is sales consultant Allan Calix. Robert Schemer, his wife, Kelly, and their son Graham, 9, pose next to their newly purchased pre-owned 2013 Ford Flex Limited, at the Star Ford Lincoln dealership in Glendale on July 2. At right is sales consultant Allan Calix.
Why Trinity Industries Is A Good Buy Despite A High Debt
2015-08-12 15:12:11| Railroads - Topix.net
Despite concerns about a slowdown in railcar orders, Trinity Industries' backlog growth indicates that its business has remained unaffected despite coal and crude oil weakness. Trinity's railcar orders will continue increasing in the future as the DoT brings new rules in place to phase out or retrofit old railcars.
Tags: good
high
buy
industries
Philadelphia biotech firm resolves debt dispute with cancer hospital
2015-08-06 00:33:46| Biotech - Topix.net
Avax Technologies , a Philadelphia-based biotechnology company developing cancer immunotherapy products, said Wednesday it has reached a settlement with the Cancer Treatment Centers of America to resolve its debt dispute with the cancer hospital network. Under the terms of the agreement, CTCA has agreed to settle its $5.8 million judgment against Avax in exchange for 860,000 shares of the company preferred Series A stock and a one-time payment of $1.5 million in cash.
Tags: firm
hospital
cancer
debt
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