Posts tagged billion

Kayan is looking for $ 2. 4 billion to cover the rising costs of plant

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Kayan seeks $2.4bn to cover rising plant costs Reuters/Riyadh Petrochemical firm Saudi Kayan said it was seeking bank financing with the help of main shareholder Saudi Basic Industries Corp (Sabic) to cover a $2.4bn rise in the building costs for a production complex.

Read more on Gulf Times

Tata Steel said in interviews with more than $ 5. 4 billion loan

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Tata Steel Said In Talks Over $5.4 Billion In Loans India’s Tata Steel has started talks with lenders including Citigroup to refinance as much as £3.5 billion ($5.4 billion) in loans for its British unit, Bloomberg News reported , citing sources with knowledge of the matter.

Read more on New York Times

National Aviation Extends Date for Bank Bids to Recast $1. 15 Billion Debt

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National Aviation Extends Date for Bank Bids to Recast $1.15 Billion Debt National Aviation Co. of India Ltd., the parent of Air India, has extended the July 16 deadline for bank bids to refinance $1.15 billion of debt, said Arvind Jadhav , chairman and managing director.

Read more on Bloomberg

U. K. ‘s $2. 3 Billion High-Speed Rail Auction `Not a Fire Sale,’ Vendor Says

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U.K.’s $2.3 Billion High-Speed Rail Auction `Not a Fire Sale,’ Vendor Says Britain’s high-speed rail link to the Channel Tunnel will be kept under state control if no buyer is willing to match the 1.5 billion-pound ($2.3 billion) asking price, according to the company that’s in charge of the sale.

Read more on Bloomberg

High St Bank Rakes in Around £4 billion in Profit From Selling Payment Protection Insurance To You

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Changes for the better when it comes to making unemployment insurance clearer should be seen in March 2008 when the FSA introduce comparison tables. At the present the insurance is hard to understand for the majority of patrons because of the fact a policy wording can be confusing. .

This was one of the reasons cover has been mis-sold. A lack of info at the time of buying a policy left many purchasers paying out for cover on which they couldn’t hope to claim against. Unemployment insurance can work but it is not suitable for all circumstances because there are exclusions to be found. It More >

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