TSXV:FCO.H - Post by User
Post by
JohnEStromJron Jul 20, 2010 12:52pm
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Post# 17281977
Another Day Another Loan
Another Day Another LoanIt's great to see others putting together loan packages. What's wrong with FCO?????
Tata Steel in talks to refinance $5.4 bln in loans
SINGAPORE July 20 (Reuters) - India's Tata Steel (TISC.BO: Quote) has started talks with lenders including Citigroup (C.N: Quote) to refinance as much as 3.5 billion pounds ($5.4 billion ) in loans for its British unit, Bloomberg reported, citing six sources with knowledge of the matter.
Royal Bank of Scotland (RBS.L: Quote), Standard Chartered (STAN.L: Quote) and BNP Paribas (BNPP.PA: Quote) are also part of the negotiations, according to the Bloomberg report. The sources declined to be identified before an official announcement.
https://af.reuters.com/article/metalsNews/idAFSGE66I0LK20100720