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Verizon may borrow against customer payments
2016-03-09 09:36:25| Wireless - Topix.net
Verizon Communications Inc. may borrow against the payments its customers owe for financing phones, an increasingly common practice in the wireless industry. While other companies such as Sprint have used the technique to obtain private loans, Verizon would be one of the first wireless carriers to issue bonds that use expected monthly phone payments from its customers as collateral.
Tags: customer
payments
verizon
borrow
Buy-to-let landlords in rush to borrow
2016-02-18 11:37:42| BBC News | Business | UK Edition
Homebuyers borrowed 17.9bn last month, the highest January total for eight years, as buy-to-let landlords rushed to beat forthcoming tax changes.
Tags: rush
borrow
landlords
buytolet
Canadians won't be enticed to borrow more if Bank of Canada cuts rate: CIBC poll
2015-07-14 11:28:08| Grocery - Topix.net
A new poll suggests policy-makers should have little fear of Canadians taking on more debt if the Bank of Canada moves to lower interest rates on Wednesday. The poll, issued by the Canadian Imperial Bank of Commerce , found that 93 per cent of respondents said they were unlikely to increase their borrowing if rates drop.
As Oil Dips, Companies Borrow to Protect Dividend
2014-11-29 14:12:56| Oil & Gas - Topix.net
With oil company revenues set to drop on the back of a rout in prices, boards will have to cut investments and increase borrowing to maintain their cherished dividend payouts. OPEC's decision on Thursday not to cut production in order to prop up oil prices sent markets reeling.
Tags: companies
oil
protect
dividend
US: Sears to borrow $400m following ratings downgrade
2014-09-16 14:16:00| Daily apparel & textile news and comment - from just-style.com
Sears Holdings is borrowing $400m from an investment fund headed by the department store retailer's chairman and CEO Edward Lampert, in a move that comes days after Fitch Ratings lowered its credit rating on the company.
Tags: ratings
borrow
sears
400m