Mortgage and Financial News From 2008-1-20 Page 9

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  • Home loan inquiries up despite rate rise (AAP via Yahoo!7 Finance)

    The desire of Australians to own a home shows no sign of abating, with the number of mortgage inquiries continuing to soar despite higher interest rates.
    2008-01-20 07:50:11

  • Asia boom, US bust buffeting Australian economy: PM (TODAYonline)

    File photo shows Australian Prime Minister Kevin Rudd who warned that boom in Asia and bust in the United States are buffeting Australia's economy, as he outlined plans to rein in inflation.
    2008-01-20 07:57:54

  • Liverpool owners put on spot by Dubai bidders

    Times Online - Their first step would be to complete a £350m deal to refinance debts incurred in their £220m takeover last year, investment in the squad, interest payments and money needed to start work on the new stadium. Analysts say such a deal is still ...
    2008-01-20 04:28:00

  • RAFA EXPECTS TO STAY A RED

    Sporting Life - ... to circulate that Hicks is considering an offer from the Dubai International Capital group, who tried to buy The Reds 12 months ago. A spokesman for Hicks has denied the speculation, but rumours that the American owners are trying to refinance their ...
    2008-01-20 04:24:00

  • BHP considers going hostile in 70bn takeover of mining rival

    Stockhouse Canada - Within 45 days of the deal closing BHP will have to refinance a $40bn (20.4bn) loan, which Rio took out to fund its recent purchase of its Canadian rival Alcan, because it carries a change of control clause. Contact us | Print | Clip | Email | Share ...
    2008-01-20 04:31:00

  • City Pacific pulls plug on MFS deal

    Edmonton Journal - Centro and its affiliates are struggling to refinance some A$3.9 billion ($3.5 billion) of debt by February 15 after borrowing heavily to expand over the past two years. Its stock has fallen around 80 percent since it revealed its troubles in ...
    2008-01-20 04:46:00

  • BHP lines up seven banks for Rio Tinto bid funds - report

    Forbes - The cash is needed by BHP to refinance the 20 bln stg loan Rio Tinto raised to buy Canadian mining company Alcan Aluminium Ltd in the summer. A change-of-control clause means BHP has to refinance this facility within 45 days of the deal closing. rhys ...
    2008-01-20 08:46:00

  • Chelsea Wants Eto'o; Dubai Set to Bid for Liverpool: Roundup

    Bloomberg - The club's U.S. owners Tom Hicks and George Gillett, who bought Liverpool for 174 million pounds in February 2007, are currently trying to refinance loans that need to be repaid next month. Dubai International Capital was in talks with ...
    2008-01-20 09:00:00

  • Liverpool's Hicks Says He Has No Intention of Selling (Update1)

    Bloomberg - Hicks and Gillett are set to refinance loans they took out to buy the club, which are due to be repaid next month. The funds may also help Benitez strengthen his team, and will be used to commence work on a new stadium. Selling to the ...
    2008-01-20 11:52:00

  • Colorado slashes tax burden

    News.com.au - It is unclear what all these funds were used for, but the company said in March it was tapping a special debt facility to fund a capital return (which was cancelled) and refinance another temporary $50 million loan provided by the private equity ...
    2008-01-20 02:22:00

  • BHP Billiton prepares hostile Rio bid

    The Independent - BHP needed to raise the $70bn in order to refinance a $40bn loan that Rio took out to fund its acquisition of Alcan, the Canadian mining group, last summer. The loan contract contains a clause stipulating that the facility must be refinanced within ...
    2008-01-20 04:38:00

  • Sale of Virgin Radio back on the agenda as potential suitors line up

    The Independent - SMG issued a £91m rights issue in November to refinance its banking facilities – a move that helped ease the pressure of making a quick sale of the radio station. In the weeks since, it has received fresh approaches for Virgin Radio. The group said ...
    2008-01-20 04:38:00

  • Retail sector is strong: Woolworths

    News.com.au - Others may have large debt that they need to refinance,'' he said. "Obviously they may have to pay a little bit more for that debt. That's not something we're facing.'' Mr Luscombe made the comments as Woolworths moves to assist farmers affected by ...
    2008-01-20 05:29:00

  • Anfield owners holding out for a windfall

    Guardian Unlimited - That would allow the Americans to refinance their original purchase of Liverpool last February, repay loans acquired to buy players in the summer and commence work on a 70,000-seat stadium. That in turn, the Americans believe, would allow them to ...
    2008-01-20 06:26:00

  • BHP lines up seven banks for Rio Tinto bid funds - report - CNNMoney.com

    BHP lines up seven banks for Rio Tinto bid funds - reportCNNMoney.com - 10 hours agoThe cash is needed by BHP to refinance the 20 bln stg loan Rio Tinto raised to buy Canadian mining company (OOTC:CNGCF) (TSXV:CNG) Alcan Aluminium Ltd in ...
    2008-01-20 08:47:29

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