Mortgage and Financial News From 2008-1-1 Page 2
Previous Day: 2007-12-31
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Refinancing to the Rescue? - Wall Street Journal
Refinancing to the Rescue?Wall Street Journal - 2 hours agoNow, many of the investors who bought during the frenzy are unable to refinance the short-term debt that facilitated these purchases into longer-term loans. ...
2008-01-01 09:00:24 -
Centro Properties Group seeks buyers as debt deadline approaches - International Herald Tribune
Centro Properties Group seeks buyers as debt deadline approachesInternational Herald Tribune, France - 2 hours ago15 deadline to refinance 3.9 billion Australian dollars (US$3.4 billion; €2.3 billion) in debt. Centro, which incurred a large debt after an aggressive and ...
2008-01-01 09:02:54 -
Keeping it steady - Pittsburg Morning Sun
Keeping it steadyPittsburg Morning Sun, KS - 2 hours ago"Then, when people try to flip that house and capture that equity, they are in a position where they can't refinance. They have no equity in that house. ...
2008-01-01 09:26:41 -
Centro puts itself up for sale - FT Alphaville
Centro puts itself up for saleFT Alphaville, UK - 2 hours agoCentro Properties Group, the Australian owner of 700 US shopping malls that is facing a Feb 15 deadline to refinance A$3.9bn ($3.4bn) of debt, ...
2008-01-01 09:34:31 -
Centro shares rise - Sky News Australia
Centro shares riseSky News Australia, Australia - 1 hour agoCentro shares closed at $1.04, having surged to $1.24 early on, before losing ground on concerns that the company may not be able to refinance its debt.
2008-01-01 10:11:31 -
Australia's Centro Properties puts itself up for sale; shares jump - Trading Markets (press release)
Australia's Centro Properties puts itself up for sale; shares jumpTrading Markets (press release), CA - 1 hour agoThe shopping center owner is facing a Feb 15 deadline to refinance 2.7 billion dollars in short-term debt and another 1.2 billion dollars is due to mature ...
2008-01-01 10:12:40 -
Centro Puts Itself Up for Sale as Debt Deadline Looms (Update4) - Bloomberg
Centro Puts Itself Up for Sale as Debt Deadline Looms (Update4)Bloomberg - 1 hour ago15 deadline to refinance A$3.9 billion ($3.4 billion) of debt, will consider offers for all its assets, including 700 US malls. ...
2008-01-01 10:43:24 -
Asian Stocks Fall on Economic Growth Outlook; Samsung, DBS Drop - Bloomberg
Asian Stocks Fall on Economic Growth Outlook; Samsung, DBS DropBloomberg - 49 minutes ago15 deadline to refinance A$3.9 billion ($3.4 billion) of debt, jumped after saying it's looking for buyers of its assets. The stock jumped 3 percent to ...
2008-01-01 10:58:42 -
Ferrovial shrugs off BAA crisis claims - MSNBC
Ferrovial shrugs off BAA crisis claimsMSNBC - 36 minutes agoThis drama coincided with the summer credit squeeze, which, in turn, immediately put in doubt plans by Ferrovial and its partners to refinance about £10bn ...
2008-01-01 11:11:22 -
Javier Mascherano unsure of Liverpool future - Telegraph.co.uk
Javier Mascherano unsure of Liverpool futureTelegraph.co.uk, United Kingdom - 20 minutes agoLiverpool's shaky form this season means that Hicks and Gillett - already having to refinance their own loans used to buy the club due to the global credit ...
2008-01-01 11:27:29 -
Ferrovial shrugs off concerns over BAA debt servicing - ABCmoney.co.uk
Ferrovial shrugs off concerns over BAA debt servicingABCmoney.co.uk, UK - 6 minutes agoThe summer credit squeeze has delayed plans by by Ferrovial and its partners to refinance about 10 bln stg in new and assumed debt related to the 10.3 bln ...
2008-01-01 11:41:47 -
Australian Stocks Climb, Centro Advances as It Seeks Buyers (Bloomberg.com)
Jan. 2 (Bloomberg) -- Australia's S&P/ASX 200 Index rose on its first day of trading this year. Centro Properties Group, Asia's worst casualty of the global debt crisis, gained after putting itself up for sale.
2008-01-01 10:15:02 -
Centro seeks investors (Adelaide Now)
STRUGGLING Centro Properties Group announced Wednesday it was putting itself up for sale ahead of a Feb. 15 deadline to refinance $3.9 billion in debt.
2008-01-01 10:16:17 -
Asian Stocks Fall on Economic Growth Outlook; Shinhan, DBS Drop (Bloomberg.com)
Jan. 2 (Bloomberg) -- Most Asian stocks fell after South Korea lowered a forecast for growth and Singapore's economy unexpectedly shrank, suggesting the region's export-dependent markets are at risk from a decline in global demand.
2008-01-01 10:24:32 -
Centro Puts Itself Up for Sale as Debt Deadline Looms (Update4) (Bloomberg.com)
Jan. 2 (Bloomberg) -- Centro Properties Group, facing a Feb. 15 deadline to refinance A$3.9 billion ($3.4 billion) of debt, will consider offers for all its assets, including 700 U.S. malls.
2008-01-01 11:00:44
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