Sappi Rises as Paper Maker Plans Bond Sale to Refinance Debt (Bloomberg)
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July 20 (Bloomberg) — Sappi Ltd. rose after the worlds largest maker of glossy paper, which had its corporate family credit rating reduced last month, said it plans to sell $500 million of senior secured bonds to refinance debt.
Assets may be sold to refinance debt (Irish Examiner)
PROPERTY developer Liam Carroll may sell assets including his stakes in Greencore Group and Irish Continental Group to help refinance more than 1bn in debt, the Sunday Business Post reported yesterday, without citing its source.
