Wednesday, 1 April 2020

Banks wary of liquidity extend expensive, shorter-dated credit to GE

NEW YORK (LPC) - General Electric Co is asking its lenders to replace US$20bn in revolving loans with a new debt package that will come with a smaller size and shorter maturities, sources said.


from Reuters: Business News https://ift.tt/2w5D1xA
at
Labels: ,

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

She left her NYC teaching job to open a sewing studio. Here's how she did it.

Kate Saffady, 50, runs Brooklyn Stitch Studio full-time as of June 2026. Her revenue year-to-date is around $190,000. George Etheredge for B...