Tag Archives: repayment
Interest-Only Borrowers Face ‘Wake-Up Call’
Some 260,000 people with interest-only mortgages have no repayment strategy in place and will be unable to pay off their loan. Continue reading
Seized Argentine naval ship gets jubilant homecoming
MAR DEL PLATA, Argentina (Reuters) – An Argentine navy ship was given a triumphant homecoming on Wednesday three months after it was seized in Ghana on behalf of a hedge fund suing over defaulted government bonds. The ARA Libertad, a tall sailing ship used as a training vessel, was detained in the West African nation on October 2 due to a court order obtained by NML Capital Ltd as it fights to get full repayment for the bonds in the courts. Argentina's government, which calls funds like NML “vultures,” asked a U.N. Continue reading
Canadian Income Management Inc. and Canadian Income Management Trust provide update on the maturation of debentures and termination of the Trust
TORONTO, ONTARIO–(Marketwire – Sept. Continue reading
American Petro-Hunter Announces $10 Million Credit Facility
SCOTTSDALE, AZ–(Marketwire – Jul 9, 2012) – American Petro-Hunter, Inc. ( OTCBB : AAPH ) (“American Petro-Hunter” or the “Company”) is pleased to announce that the Company entered into a three-year credit facility with ASYM Energy Partners LLC and its affiliates (“ASYM”), a private investment firm focused on the energy industry. The credit facility, in the amount of $10 million, is secured by all of the Company’s assets. Proceeds from the loan will be utilized to fund the development drilling of oil properties located in central Oklahoma as well as acquisitions, repayment of certain accounts payable, and working capital. Continue reading
Ireland votes on austerity
Irish people voted Thursday on whether or not their government should ratify the pact that holds them and other bailed out nations to adhere to tight spending limits and onerous repayment terms. Continue reading
