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Navient to Pay $1.85 Billion in Settlement Over Predatory Loans

(Bloomberg) -- Navient Corp. reached an agreement more than three dozen states to pay $1.85 billion and cancel almost 70,000 student loans to resolve claims that the company used predatory lending practices.ย  The biggest chunk of the settlement value comes from the cancellation of $1.
United States Mark Heleen Sallie Mae Elliott Stein Josh Shapiro Consumer Financial Protection Bureau

Glencore Talking to Chinese Copper Smelter on Blending Plant

(Bloomberg) -- Glencore Plc is in talks with Chinese smelter Yanggu Xiangguang Copper Co. for a tie up that would allow the global commodities titan to supply copper concentrate to a blending facility in Shandong, according to people familiar with the situation.
Bloomberg Glencore Plc China Lianhe Credit Rating Co Yanggu Xiangguang Copper Co Yanggu Xiangguang Copper China Lianhe Credit Rating

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Singapore Air Raises Cash on Cheap Thanks to Government Support

(Bloomberg) -- Singapore Airlines Ltd. became the first carrier to tap the market for dollars in 2022, raising funds at a discount to peers thanks to its government backing. The flag carrier sold $600 million of seven-year bonds at 3.375% and a price of 99.
Singapore General Sharon Chen United Airlines Holdings Inc Korean Air Lines Co Air Canada Bloomberg Singapore Airlines Ltd

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