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Telefonica in talks to raise EUR 5 bln for German fibre expansion - report

2020-10-12 10:26:00| Telecompaper Headlines

(Telecompaper) Telefonica is in talks with lenders and investors to receive EUR 5 billion for fibre expansion in Germany, Reuters reports, citing sources. Banks would lend two thirds of the money and the rest would be equity, including from an investor now holding exclusive talks with Telefonica. The company will invest the cash in fibre projects one step at a time. Telefonica Germany could take a passive equity stake in the new infrastructure unit responsible for fibre expansion, the report added, and could become an anchor customer.

Tags: report eur german expansion

 

Covid: Rolls-Royce announces plan to raise 3bn

2020-10-01 08:50:51| BBC News | Business | UK Edition

After weeks of speculation, the plane engine maker will tap investors for money and issue new bonds.

Tags: plan raise announces 3bn

 
 

Ohio pork producers set goal to raise $10,000 to feed hungry Ohioans

2020-09-03 17:15:00| National Hog Farmer

Since the inception of the Ohio Pork Council's Pork Power Program in 2009, Ohio's pig farmers have provided over 1 million meals to local food banks.

Tags: set feed goal ohio

 

Fannie, Freddie Say FHFA Capital Plan Would Raise Mortgage Costs

2020-08-31 13:40:00| National Real Estate Investor

Privatizing the companies has proved easier said than done.

Tags: plan costs capital mortgage

 

Softbank Group to raise cash by selling shares in mobile unit, bringing stake down to 40%

2020-08-28 17:06:00| Telecompaper Headlines

(Telecompaper) As of 3 August, Softbank Group said it has sold or monetised JPY 4.3 trillion (almost USD 41 billion) worth of assets, as part of a programme announced in March to buy back shares and reduce debt for a total of JPY 4.5 trillion (almost USD 43 billion). Softbank Group said it will offer part of its holding in Softbank (mobile), for a total of 927.5 million shares. There will also be a greenshoe of 100.5 million more shares. The offer price will be determined on the pricing day. 

Tags: to group mobile unit

 

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