Blogs
- Embracing Sarah PalinFundamentally Freund
- Aliyah to the Temple MountGeneration Z
Check It Out
Arutz 7 TV
Huge Israel Electric Loan Proposal in Danger
Reported: 06:42 AM - Aug/31/07
Follow Israel news briefs on 
and
and
(IsraelNN.com) A proposed $1 billion loan for the Israel Electric Corp. (IEC) is in danger following the liquidity crisis in the United States, Globes reported. The Goldman Sachs investment house wants to increase the interest rate on the loan by 20 percent.
The IEC needs the money to continue with the urgently-needed increase in generating capacity, but the terms of the loan offer may be too steep for the company.
Check out the Chill Zone - Funny, Entertaining Videos
© IsraelNN Syndications - This article may not be republished freely. Review what you can publish free of charge and what requires a syndication payment on the Syndications Page.
News Briefs
