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Refinancing Auto Loans News

Aiful Climbs in Tokyo as Sentiment Turns for Consumer LendersThursday, January 14, 2010 @ 5:18AMAiful Corp., the Japanese consumer lender that secured a deal with creditors to avoid bankruptcy last month, extended a month-long rally as investors bet the government may ease restrictions on the industry.

Continental AG Set to Agree on 2.5 Billion-Euro Loan (Update1)Friday, December 18, 2009 @ 4:19PMDec. 18 (Bloomberg) -- Continental AG , Europe’s second- largest auto-parts maker, plans to sign a 2.5 billion-euro ($3.6 billion) credit facility as early as today as part of a refinancing package that includes a share sale.

Oerlikon Slumps After Proposing Debt-for-Equity Swap (Update2)Tuesday, December 8, 2009 @ 10:03PMDec. 8 (Bloomberg) -- OC Oerlikon Corp. AG, the Swiss maker of textile machines and solar-panel machines, fell the most in 18 years in Zurich trading after the company said it will seek to swap debt for equity and defer loan repayments to recharge finances.

Tighter Bank Lending Standards Reinforce Fed Decision on RatesTuesday, November 10, 2009 @ 10:51AMNov. 10 (Bloomberg) -- The Federal Reserve said U.S. banks kept tightening lending standards for companies and consumers last quarter, reinforcing the central bank’s decision to leave its benchmark interest rates at record lows for a long time.

Kuwait: International Finance Company ratings actionSunday, September 6, 2009 @ 11:08AMCapital Intelligence (CI), the international credit rating agency, today announced that it has affirmed International Finance Company’s (IFC) KWD15mn secured bond rating of BBB-. A ‘Negative’ outlook is however assigned to reflect the challenging operating environment.