Loan To Pay Off Debt
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May 8th, 2012
Selected News
Uniteds big payoff (icNewcastle Evening Chronicle)
FORMER Toon boss Sam Allardyce has received a lump sum payoff understood to be in the region of 4.5m. And it has emerged exchairman Freddy Shepherd is to receive around 1.5m after leaving the club, which is on top of the 1.17m paid to exdirector Douglas Hall. Read more
CIT Group draws on $7.3 billion of bank lines (Washington Post)
NEW YORK (Reuters) CIT Group Inc (CIT.N) said on Thursday it drew down $7.3 billion of bank lines to help fund daily operations, highlighting the commercial finance companys struggle to raise cash to pay off debt. Read more