Qatar Steel delays $1.34b loan on credit crunch
Story date: 2007-10-11 05:19:00
Added on: 2007-10-11 06:28:37
Khaleej Times - Qatar Steel is latest Gulf Arab firm to shelve borrowing plans after defaults on US home loans triggered higher corporate financing costs around the world in July and made banks more reluctant to lend. The company wanted the cash to refinance debt and ...
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