Examples of use of CLN
1. It will use the bulk of proceeds from the CLN issue to refinance short–term debt. (Reuters) Novatek Rating Upgraded Novatek, the country‘s largest nonstate–controlled natural gas producer, had its credit rating raised one level by Standard & Poor‘s on Wednesday after sales gained faster than costs in the first half.
2. The company is focused on developing key infrastructural projects and is not planning to direct additional funds to dividend payments for its publicly traded preferred shares, Tokarev said, the agency reported.(Bloomberg) Uralsvyaz Drops CLN Plan YEKATERINBURG — Fixed–line telecom operator for the Urals Uralsvyazinform said Thursday that it had dropped plans to issue $100 million worth of credit–linked notes in the fourth quarter of 2007.