Boeing Co has approached a group of banks for a new $4 billion revolving credit facility, according to a person familiar with the matter, as the planemaker battles a prolonged slowdown in commercial air travel due to the COVID-19 pandemic.
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MILAN (Reuters) - Italian credit group Cerved is in advanced talks with U.S. investment firm Centerbridge to clinch the long-awaited sale of its debt collection arm which is valued at about 400 million euros ($476.68 million), two sources told Reuters.
FILE PHOTO: The new 100 euro banknote is seen in the secretive vaults inside the Bank of Italy, in Rome May 21, 2019. Picture taken May 21, 2019 REUTERS/Yara Nardi/File Photo
The unit has also drawn interest from Italian real estate and credit management firm Prelios and other private equity funds including Apollo and Apax, the sources said, speaking on condition of anonymity.
The U.S. Senate on Saturday approved a Democratic compromise measure setting federal unemployment benefits for workers hit by the coronavirus pandemic at $300 per week through Sept. 6, under President Joe Biden's $1.9 trillion COVID-19 relief bill.
The U.S. Senate on Saturday passed President Joe Biden's $1.9 trillion COVID-19 relief plan in a party-line vote after an all-night session that was delayed repeatedly as the Republican minority tried but failed to push through around three dozen amendments.
By Reuters Staff
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BERLIN, Feb 15 (Reuters) - German Finance Minister Olaf Scholz on Monday lauded Italy’s new Prime Minister Mario Draghi as a “true European” with expertise in fiscal policy, adding he was confident Rome would quickly present a reform package to unleash European recovery funds.
“In Italy, again, a pro-European government has been formed. That’s a very, very good sign,” Scholz told reporters ahead of a virtual meeting of euro zone finance ministers.
“Mario Draghi stands for a very smart policy, he is very experienced in fiscal policy. He is well connected internationally and he is a true European,” Scholz added.