Reply to thread

Message: <blockquote data-quote="The Feedster" data-source="post: 794178" data-attributes="member: 259515">Hot from F1.comFormula One Group has launched a process to extend its current financing facilities. This will involve raising $2.27bn of new facilities with maturities in 2017/18, replacing the company's existing $2.92bn facilities which are due to mature in 2013/14. The new facilities will provide the business with a secure, long term capital structure.Proceeds raised will be kept within the Group for general corporate purposes and the company has no current plans to pay a dividend.<a href="http://www.formula1.com/news/headlines/2012/3/13176.html" target="_blank">More...</a></blockquote>