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Hudson's Bay plans $1.25 billion refinancing to trim debt
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TORONTO (Reuters) - Canadian department store operator Hudson's Bay Co outlined a $1.25 billion refinancing plan on Monday, in a move to reduce debt taken on when it acquired U.S. rival Saks last year. The retailer said it would take out a 20-year mortgage on the ground portion of its flagship Saks Fifth Avenue store in New York City after an appraiser valued the property at C$4.1 billion ($3.65 ...
 
Hudson's Bay plans $1.25 billion debt refinancing, shares jump
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By Euan Rocha and Solarina Ho TORONTO (Reuters) - Canada's Hudson's Bay Co outlined a $1.25 billion refinancing plan Monday, in a move to reduce interest payments on debt it took on after it bought U.S. rival Saks last year, sending its shares up more than 9 percent in midday trading. The department store operator said it would take out a 20-year mortgage on the ground portion of its flagship ...
 
3 Banks in Focus on Refinancing Upticks
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Recent uptick in mortgage refinancing activity coupled with less stringent credit requirements, boosts bank's mortgage origination revenue.
 
Amy Hoak's Home Economics: More refinancing borrowers cash out home equity
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As home values have increased and mortgage rates have remained low, it appears that more borrowers are now tapping their home equity through refinancing — a way, perhaps, to use home equity to pay down higher-interest loan debt or fund home renovations.
 
Hudson's Bay plans $1.25 bln debt refinancing, shares jump
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Canada's Hudson's Bay Co outlined a $1.25 billion refinancing plan Monday, in a move to reduce interest payments on debt it took on after it bought U.S. rival Saks last year, sending its shares up more ...
 
SOUTH COUNTY: Refinancing to save school board $55,000
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A refinancing of 2001 West Amwell school district bonds will result in saving about $55,000 in interest costs, officials of the South Hunterdon Regional School District said. The school board unanimously approved the refinancing Monday night.
 
Treasurer: Debt refinancing saved Louisiana $12M
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Louisiana has saved $12 million from a debt refinancing that took advantage of lower interest rates. State Treasurer John Kennedy announced the savings figure Tuesday, after the state completed its refinancing ...
 
Investor: Refinancing of 3 Scandinavia Completed
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Regulatory News:
 
Mueller Water Products Announces Successful Debt Refinancing
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ATLANTA -- Mueller Water Products, Inc. announced that it has successfully refinanced its long-term debt and reduced its total debt outstanding.
 
U.S. mortgage applications fall in latest week - MBA
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NEW YORK (Reuters) - Applications for U.S. home mortgages fell last week as both purchase and refinancing applications slipped, an industry group said on Wednesday. The Mortgage Bankers Association said ...