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Latest Refinance news:

Bad Credit and Home Refinance
(ARA) - Mortgage rates are at historic lows, and it seems like everyone's jumping on the refinance bandwagon these days. But is it really a good idea for people with bad credit?
Read more News Source - Carteret County News-Times
Publish date - 12:41:44 05/15/08

First Gen to refinance debt
Power producer First Gen Corp. said it planned to refinance a large chunk of its debt later this year to have more breathing space while it looked for a strategic partner for its stake in its geothermal power unit PNOC Energy Development Corp. (PNCO-EDC).
Read more News Source - Philippine Daily Inquirer
Publish date - 05:12:03 05/15/08

How to Determine if it's Time to Refinance
(ARA) - Who wouldn't enjoy a break on their monthly mortgage payment? On the other hand, how can you be sure the timing is right to refinance? Are the rates and the current mortgage market the best indicators?
Read more News Source - Carteret County News-Times
Publish date - 15:25:04 05/13/08

GM will need over $9 billion in new financing: Lehman
General Motors Corp will need to raise over $9 billion in financing over the next two years to refinance existing debt and to offset projected cash losses in its auto operations in North America, Lehman Brothers analyst Brian Johnson said on Wednesday.
Read more News Source - Reuters via Yahoo! News
Publish date - 17:06:54 05/14/08

GM needs to raise $9 bln over next 2 years: Lehman
General Motors Corp needs to raise about $9 billion over the next two years to refinance debt, and may seek more for operational cash burn as it faces production headwinds and commodity price increases, Lehman Brothers analyst Brian Johnson said.
Read more News Source - Reuters via Yahoo! News
Publish date - 13:00:57 05/14/08

Shelby opposes mortgage plan
A major mortgage-relief bill would help refinance shaky mortgages. Sen. Richard Shelby, the top Re publican on the Banking Com mittee, will oppose it.
Read more News Source - Montgomery Advertiser
Publish date - 09:15:25 05/15/08

Thai CPF to sell 6 bln baht bonds in late-June
BANGKOK, May 15 - Charoen Pokphand Foods , Thailand's biggest chicken exporter, planned to sell 6 billion baht of bonds next month to refinance debt and expand businesses, a bond's underwriter said on Thursday.
Read more News Source - Reuters via Yahoo! Malaysia News
Publish date - 07:03:05 05/15/08

Auto Loan Refinance to Reduce Monthly Payments
(ARA) - If high gas prices coupled with a big monthly car payment have you thinking that it might be time to trade in your truck or SUV, you'll be happy to know there is an alternative.
Read more News Source - Carteret County News-Times
Publish date - 15:06:34 05/14/08

First Gen to raise $400M to refinance nat-gas facilities
Lopez-controlled First Gen Corp. will tap the debt market next month to raise more than $400 million for the refinancing of its two natural gas-fired facilities.
Read more News Source - Philippine Star via Yahoo! Philippines News
Publish date - 20:30:59 05/14/08

GM needs billions over next two years to handle debts
General Motors will need to raise approximately $9 billion (£4.62bn) over the next two years in order to refinance its debt. Brian Johnson, an analyst from investment bank Lehman Brothers, said GM could seek more money to cover $11bn (£5.7bn) in working capital as it faces ‘production headwinds’.
Read more News Source - AM Online
Publish date - 10:12:10 05/15/08

Business Briefs for May 15, 2008
Published: May 15, 2008 - Page: 1D - UPDATED: 12:05 a.m. Raising Cane’s gets financing for debt Raising Cane’s Chicken Fingers has secured $29.5 million in financing that the company will use to refinance debt.
Read more News Source - The Advocate
Publish date - 05:25:53 05/15/08

Lowndes schools to refinance bonds
Lowndes County School District is looking for ways to save some money on past bond issues. The LCSD Board of Education Friday voted to move forward with plans to refinance $4.27 million in State Aid Capital Improvement Bonds from 1998, in hopes of getting a lower interest rate.
Read more News Source - The Commercial Dispatch
Publish date - 16:18:24 05/12/08

GM needs to raise $9 bln over next 2 years - Lehman
May 14 - Top U.S. automaker General Motors Corp needs to raise about $9 billion over the next two years to refinance debt, and may seek more for operational cash burn as it faces production headwinds and commodity price increases, Lehman Brothers analyst Brian Johnson said.
Read more News Source - Reuters via Yahoo! Singapore News
Publish date - 13:11:28 05/14/08

Novera seeks funds for expansion
LONDON (ShareCast) - Potential takeover target Novera Energy said it considering options to refinance the business and is confident the company will be able to draw on significant additional borrowing capability to fund future expansion.
Read more News Source - ShareCast via Yahoo! UK & Ireland Finance
Publish date - 12:17:14 05/14/08

Cane’s gets financing for debt reduction
Published: May 14, 2008 - UPDATED: 2 p.m. Raising Cane’s Chicken Fingers has secured nearly $30 million in financing that the company will use to refinance debt and free up cash flow.
Read more News Source - The Advocate
Publish date - 19:10:52 05/14/08

Foreclosures skyrocket 65% in April
More U.S. homeowners fell behind on mortgage payments last month, driving the number of homes facing foreclosure up 65% versus the same month last year and contributing to a deepening slide in home values, a research company said Tuesday.
Read more News Source - USA Today
Publish date - 04:29:06 05/15/08

General Electric to Shed Appliance Unit, People Say (Update2)
May 15 (Bloomberg) -- General Electric Co. may sell or seek a partner for the unit that makes refrigerators and washers, ending more than a century in an industry that helped make GE a household name, people familiar with the situation said.
Read more News Source - Bloomberg.com
Publish date - 13:29:07 05/15/08

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