Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.
Twitter handle: @jeffmason1
LONDON (LPC) - The price of Steinhoff International's loans is falling in the secondary loan market as banks continue to sell to hedge funds ahead of an anticipated waiver request on the troubled South African retailer's €10.7 billion (9.53 billion pounds)debt, banking sources said.
LONDON Five UK banks are facing heavy losses on loans to Carillion, after irreconcilable differences between the company, its lenders and the government pushed the UK construction and services group into liquidation on Monday, sources said.
LONDON, Jan 15 Creditors to embattled UK support services and construction group Carillion have around £1.61bn of debt exposure to the company, which collapsed after being forced into liquidation on Monday.
LONDON International banks are supporting the refinancing of a US$3bn (£2.3 billion) loan for Qatar National Bank with nine Asian, US and European banks underwriting the deal, bankers said.
LONDON, Nov 27 Creditors to UAE shipbuilder Drydocks, a unit of conglomerate Dubai World, have given unanimous support to a restructuring plan which will see Dubai-based ports operator DP World take control of Drydocks, sources close to the situation said on Monday.
LONDON, Oct 24 Oman Telecommunication Co (Omantel) has mandated Citibank and Credit Suisse to arrange a bridge loan to back its potential acquisition of a 12% stake in Kuwaiti telecoms group Zain, bankers said on Tuesday.
LONDON, Oct 24 Gulf states are ramping up plans to raise syndicated loans for state-owned firms in a fundraising drive designed to offset the effects of low oil prices that also includes privatisations, financial restructurings and IPOs of state assets.
LONDON Syndicated lending in Central Europe, the Middle East and Africa (CEEMEA) of US$77.8bn in the first three quarters of 2017 is the lowest total for the first nine months in eight years since 2009 and 52.6% lower than US$164bn raised at the same point in 2016.
LONDON, Oct 5 A US$570m syndicated loan refinancing for Turkey-based QNB Finansbank is highlighting the growing difficulties facing international banks as they struggle to maintain impartiality in Qatar's dispute with its neighbours, bankers said.
LONDON Qatari banks and financial institutions in neighbouring countries that have severed diplomatic and transport ties are assessing their exposure to each other and seeking to sell loans in the secondary market as the crisis threatens to deepen.
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