UPDATE 1-Australia's RAMS says executes A$750 mln facility (Reuters Finance News, Australia via Yahoo!7 Finance)
Story date: 2008-01-10 05:22:10
Added on: 2008-01-10 18:00:14
SYDNEY, Jan 11 (Reuters) - RAMS Home Loans Group Ltd RHG.AX, Australia's first high profile victim of the subprime mortgage crisis, said it had executed documentation to extend A$750 million ($670 million) in funding that had been due to expire on Dec. 31.
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