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Tottenham Hotspur FC completes 637 million pound stadium refinancing

2 days ago DieselGasoil Comments Off on Tottenham Hotspur FC completes 637 million pound stadium refinancing
LONDON (Reuters) – Tottenham Hotspur Football Club has completed a 637 million pound ($798.67 million) stadium refinancing package that included a bond issue to U.S. investors and a term loan, the company said in a statement. The English football club said on Friday it has raised 525 million pounds from issue of long-term bonds to Read More

Mexico’s Pemex places $7.5 billion of bonds in record refinancing operation

1 week ago DieselGasoil Comments Off on Mexico’s Pemex places $7.5 billion of bonds in record refinancing operation
MEXICO CITY (Reuters) – Mexican state oil company Pemex said on Thursday it had placed $7.5 billion worth of bonds with maturities of seven, 10 and 30 years that will be used for debt refinancing. The placement was more than five times oversubscribed, with total demand reaching $38 billion, Pemex said in a statement. Pemex, Read More

Statement from the ECB following policy meeting

1 week ago DieselGasoil Comments Off on Statement from the ECB following policy meeting
FRANKFURT (Reuters) – Following is the statement from the European Central Bank following its policy meeting. At today’s meeting the Governing Council of the ECB took the following monetary policy decisions: (1) The interest rate on the deposit facility will be decreased by 10 basis points to -0.50%. The interest rate on the main refinancing Read More

Mexico’s $5 billion debt bailout for Pemex ‘a one off’: deputy minister

1 week ago DieselGasoil Comments Off on Mexico’s $5 billion debt bailout for Pemex ‘a one off’: deputy minister
MEXICO CITY (Reuters) – Mexico’s $5 billion rescue package to pay down debt at Pemex is a one-of-a-kind transaction that should give the struggling state oil company breathing space to focus on output and costs, Deputy Finance Minister Gabriel Yorio said. Mexico’s Undersecretary of Finance and Public Credit Gabriel Yorio speaks during an interview Read More

Covia Closes the Sale of the Winchester and Western Railroad for $105 Million

2 weeks ago DieselGasoil Comments Off on Covia Closes the Sale of the Winchester and Western Railroad for $105 Million
INDEPENDENCE, Ohio, Sept. 11, 2019 (GLOBE NEWSWIRE) — Covia (NYSE:CVIA), a leading provider of mineral-based and material solutions for the Industrial and Energy markets, announced that effective today, it has closed on the sale of the Winchester and Western Railroad to an affiliate of OmniTRAX, Inc. (“OmniTRAX”). Gross proceeds are $105 million in cash, subject Read More

Operational Highlights and Key Figures for HY 2019

4 weeks ago DieselGasoil Comments Off on Operational Highlights and Key Figures for HY 2019
Operational Highlights and Key Figures for HY 2019 Roermond, The Netherlands – 28 August 2019. Highlights and Key figures for the first halfyear 2019 are as follows. Reference is made to the PDF attachment for the full Interim 2019 results. Operational highlights: Contract won for Borssele 5 innovation site; Delivery of monopiles and transition pieces Read More

FRO – Second Quarter and Six Months 2019 Results

4 weeks ago DieselGasoil Comments Off on FRO – Second Quarter and Six Months 2019 Results
Frontline Ltd. (the “Company” or “Frontline”), today reported unaudited results for the three and six months ended June 30, 2019: Highlights Net income attributable to the Company was $1.1 million, or $0.01 per share, for the second quarter of 2019. Net income attributable to the Company was $4.2 million, or $0.02 per share adjusted for certain Read More

Covia Appoints Richard Navarre as President and CEO

1 month ago DieselGasoil Comments Off on Covia Appoints Richard Navarre as President and CEO
INDEPENDENCE, Ohio, Aug. 21, 2019 (GLOBE NEWSWIRE) — Covia (NYSE:CVIA), a leading provider of mineral-based and material solutions for the Industrial and Energy markets, today announced that its Board of Directors has appointed Richard Navarre President and Chief Executive Officer, effective September 1, 2019. “I am honored the Board has chosen me to lead Covia Read More

U.S. import prices rebound, but trend still subdued

1 month ago DieselGasoil Comments Off on U.S. import prices rebound, but trend still subdued
WASHINGTON (Reuters) – U.S. import prices unexpectedly rose in July, but the underlying trend continued to be weak, pointing to subdued imported inflation pressures. FILE PHOTO: A stack of shipping containers are pictured in the Port of Miami in Miami, Florida, U.S., May 19, 2016. REUTERS/Carlo Allegri/File Photo The report from the Labor Department on Read More

Mortgage debt in US exceeds 2008 financial crisis peak

1 month ago DieselGasoil Comments Off on Mortgage debt in US exceeds 2008 financial crisis peak
US mortgage debt has hit a record in the second quarter of 2019, exceeding the peak it reached during the 2008 financial crisis. However, delinquencies are lower and debt defaults have become less frequent than in 2008. Mortgage balances rose by $162 billion in the second quarter of 2019 to $9.406 trillion, surpassing the figure Read More