UTV to reduce borrowings bill with £50m issue - Times Online
Story date: 2008-06-04 01:46:00
Added on: 2008-06-04 18:17:43
UTV, the owner of TalkSPORT and Ulster Television, has announced a surprise £50 million rights issue to avoid paying interest rates of more than 7 per cent on the debts it racked up buying a string of radio stations. The decision sent the shares ...
Read more...
Related Stories:
-
Societe Generale to launch 5.5 bln eur rights issue this week - report
CNBC - Societe Generale announced the rights issue Jan 24 after disclosing it had lost 4.9 bln eur in the fourth quarter...
2008-02-03 11:03:00 -
Crédit Agricole plans €5.9 billion rights issue after write-down - International Herald Tribune
PARIS : The big French bank Crédit Agricole, announced a €5.9 billion rights issue to shore up its capital after further write-downs...
2008-05-13 02:37:00 -
Barratt Developments says not planning rights issue
Forbes - LONDON (Thomson Financial) - Barratt Developments PLC, the housebuilder, has denied it is planning a rights issue to refinance its...
2008-02-14 02:33:00 -
SMG share price plummets
Guardian Unlimited - Immediately following the rights issue, SMG said it would also refinance its remaining debt, expected to be around £40.3m....
2007-11-06 12:57:00 -
B&B ups rights issue size (Reuters via Yahoo! UK & Ireland News)
Bradford & Bingley on Friday increased its rights issue to 400 million pounds after U.S. investor TPG Capital pulled out of buying...
2008-07-04 10:50:00 -
Update: B&B rights issue worries grow (ShareCast)
LONDON (SHARECAST) - Fears that Bradford & Bingley will struggle to get its £400m fundraising away heightened after the mortgage lender’s shares...
2008-07-07 07:04:21 -
B&B wins approval for rights issue - International Herald Tribune
SHEFFIELD : Mortgage bank Bradford & Bingley won shareholder backing for a 400 million pound rights issue rescue but not until executives...
2008-07-17 02:46:00 -
Paragon launches emergency rights issue (Daily Telegraph)
Paragon shareholders have rounded on the buy-to-let mortgage lender's banks after the company failed to secure new funding at an acceptable rate...
2008-01-11 05:40:17