(Bloomberg) — Saudi Arabian Mining Co.’s phosphate unit signed an accord with a group of lenders to refinance and reschedule $4.1 billion in debt as it seeks to trim interest costs amid a collapse in sell my house fast commodity prices. Maaden Waad Al Shamal Phosphate Co. will refinance $2.3 […]
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Germany Boosts Debt by Another $70 Billion to Finance Stimulus
(Bloomberg) — The German government plans to raise a further 62.5 billion euros ($70 billion) in debt to help pay for a massive stimulus program designed to pull Europe’s largest economy out of its worst recession since World War II. That would bring total borrowing this year to 218 billion […]