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M&G Credit Income Investment Trust plc: Annual General Meeting Results

DJ Annual General Meeting Results M&G Credit Income Investment Trust plc (MGCI) Annual General Meeting Results 09-Jun-2021 / 17:31 GMT/BST Dissemination of a Regulatory Announcement, transmitted ....

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How did Togo successfully proceed to the reprofiling of its internal debt?

Economy
Wednesday, 09 June 2021 12:29
(Togo First) - In June last year, Togo said it completed the reprofiling of its internal debt, an operation started six months earlier. At the time, Moody’s, a rating agency, had declared that the debt reprofiling would cut the country’s debt service by around €130 million within the next three years. Now, a little more details explaining the reason for the success of the operation have filtered.
The first phase of the reprofiling was materialized thanks to a loan of €103 million (CFA67 billion), from Tokyo-MUFG, Japan’s biggest bank. The loan is to be repaid over 10 years, with a two-year grace period, at an interest rate of 4.68% per year. ....

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Loan commitments continue record streak

Mortgage Business
Loan commitments continue record streak
By Malavika Santhebennur
07 June 2021
New housing loan commitments soared to a record high of $31 billion, but construction loans for new dwellings recorded their second monthly fall since the launch of HomeBuilder, according to the ABS.
The Australian Bureau of Statistics’ (ABS) lending indicators data for April 2021 has revealed that new loan commitments reached a new record once again, up 3.7 per cent to $31 billion.
The value of owner-occupier new loan commitments also reached the highest point in the series, up 4.3 per cent to $23 billion.
Values in this segment rose in NSW (8.6 per cent), Victoria (8.4 per cent), South Australia (5.3 per cent), and in Queensland (1.3 per cent), but declined by 7.9 per cent in Western Australia after fallin ....

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Axis Bank, PNB, MOIL in focus

Read more about Axis Bank, PNB, MOIL in focus on Business Standard. With reference to the news item dated 4th June 2021 captioned Axis Bank to buy Spandana Sphoorty, Axis Bank clarified that the said news item is speculative and the bank does not comment on market speculation. The bank has not taken any such ....

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Reckitt to sell China baby-formula business for $2.2 billion

Reckitt will retain an 8% stake in the unit and sees net cash proceeds of about $1.3 billion, which it plans to use to reduce debt, the company said in a statement. The sale marks the end of Reckitts venture into the baby-formula business started just four years ago. ....

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