Market Chatter- Corporate finance press digest
Oct 30 (Reuters) - The following corporate finance-related stories were reported by media:
* Australia's Nine Entertainment Co Pty Ltd is seeking to raise as much as $570 million in an initial public offering, a person familiar with the process said, a move that will help the troubled TV network pay down debt.
* Energy Future Holdings (EFH), the embattled Texas power generator, is planning to make a $270 million interest payment due on Friday, according to a person familiar with the matter.
* Barrick Gold, which is attempting to reduce its debt load, is considering a wide range of options from a strategic equity investment to further streaming deals that yield upfront cash, according to several sources familiar with the situation.
* US Airways Group and American Airlines are considering giving up takeoff and landing slots at Washington's Ronald Reagan National Airport to win regulator approval of their $11 billion merger, two people familiar with the matter said.
* China's Bank of Chongqing Co Ltd has priced its Hong Kong initial public offering (IPO) at HK$6.00 each, slightly below the mid-point of a marketing range, people familiar with the matter said on Thursday, putting the deal value at HK$4.25 billion ($548 million).
- Islamic State video purports to show beheading of U.S. journalist |
- Missouri suburb braces for more racial unrest but calm prevails
- 'No' from one Iraq villager triggered Islamic State mass killings |
- Advancing Ukraine troops take fight to heart of pro-Moscow rebellion |
- Islamic State says beheads U.S. journalist, holds another