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Tag: billion
Long Island Power Authority Restructures $2.1 Billion in Debt
2013-12-17 20:44:00| Transmission & Distribution World
The Long Island Power Authority has completed a significant refinancing of $2.138 billion of its outstanding debt, at significantly lower interest rates. read more
Tags: long
power
island
authority
Nortel Networks resolves more than $3 billion in bankruptcy claims
2013-12-17 20:33:42| Telecom - Topix.net
Nortel Networks Inc., a defunct telecoms company, has reached a deal that will cut more than $3 billion from what was allegedly owed to former Nortel entities in Europe, marking what it called a "significant milestone" to ending its five-year bankruptcy.
Tags: networks
claims
billion
bankruptcy
3M to spend up to $22 billion on buybacks, raises dividend
2013-12-17 19:11:19| Chemicals - Topix.net
Diversified U.S. manufacturer 3M Co said it would buy back up to $22 billion of shares in the five years through 2017 and raised its quarterly dividend by a third, joining a list of companies announcing big capital returns to shareholders.
Tags: spend
billion
raises
dividend
Mexico Passes Oil Opening Forecast To Lure $20 Billion A Year
2013-12-17 18:54:00| OGI
Mexicos Congress approved a bill to end a 75-year state oil monopoly and generate as much as $20 billion in additional foreign investment a year.
AT&T selling Conn. wireline ops for $2 billion
2013-12-17 16:24:08| Telecom - Topix.net
The deal includes wireline network assets and consumer, business and wholesale customer relationships.
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