Wednesday, November 2, 2011

Cash-strapped ice cream man taps Credit Suisse for ‘hundreds and thousands’ to ease debts

Romania Cable Systems (RCS&RDS) has reportedly entered into negotiations with a number of financial institutions to secure a loan worth EUR300 million (USD412.7 million) over a period of five years, which it intends to use to pay off a number of existing debts. According to Ziarul Financiar, one of the banks involved is Credit Suisse, which is prepared to lend RCS&RDS around EUR100 million of the total figure.


View post:
OVETEL Cash-strapped ice cream man taps Credit Suisse for ‘hundreds and thousands’ to ease debts

No comments:

Post a Comment