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The higher transfer is an attempt to lower the fiscal deficit, reduce borrowing cost and cushion the weak cash management

If all goes according to plan, Jonesborough could break ground on its K-8 school project by fall. And, so long as pandemic-related supply issues or other unforeseen challenges don’t delay its construction, the first students could walk through the school’s doors in time for the 2023 academic year. “This project is really a bigger deal for our entire community and county than just the town of Jonesborough,” Jonesborough Mayor Chuck Vest said. “It certainly will benefit our town residents and future tax revenue, but more importantly this facility will give our county th...

Synopsis The Reserve Bank of India (RBI) Friday cancelled an auction of a five-year paper series of Rs 11,000 crore, with bidders reportedly demanding about five-seven basis points more than what the central bank was willing to offer. Agencies The benchmark sovereign yield rose to 6.18 per cent amid concerns of another economic contraction. The gauge dropped to 6.04 per cent Friday, pushing prices up. MUMBAI: The cost of borrowing for Indian corporates in the bond market is set to ease as the central bank is expected to persist with measures to bring down yields after the Monetary Policy Comm...

(Bloomberg) -- Crocs Inc., the colorful clog maker made cool again thanks to Justin Bieber and Bad Bunny, is seizing on its unprecedented popularity and cheap financing to borrow in the U.S. junk-bond market for the first time ever.The company sold $350 million of eight-year bonds at a yield of 4.25% Tuesday, according to a person familiar with the matter. The amount was up from a planned $300 million, and the borrowing cost on the lower end of initial price discussions. The proceeds will help pay down $180 million of bank debt and general corporate purposes, Niwot, Colorado-based Crocs said i...

Provided by Business Wire Liberty Latin America Reports Fiscal 2020 Results Continued sequential quarterly financial improvement Strong RGU additions driven by C&W and Puerto Rico Integration of AT&T's Puerto Rico and USVI operations progressing well Delivered robust cash flow from operations and Adjusted FCF in 2020 Liberty Latin America Ltd. (“Liberty Latin America” or “LLA”) (NASDAQ: LILA and LILAK, OTC Link: LILAB) today announced its financial and operating results for the three months (“Q4”) and fiscal year (“2020” or “FY 2020”) ended December 31, ...