United Kingdom

Sandrine Bradley

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

06 Aug 2018

Exclusive - Russia's Gazprom suspends external borrowing amid spat with Naftogaz: sources

MOSCOW/LONDON Russia's Gazprom suspended its external borrowing programme earlier this year because of a deepening legal dispute with Ukraine's Naftogaz over gas supplies, three banking sources told Reuters.

27 Jul 2018

Bankers weigh giant Aramco-Sabic debt financing

LONDON (LPC) - Bankers are discussing a potential jumbo financing of up to US$70bn to back oil giant Saudi Aramco’s acquisition of a majority stake in Saudi Arabia Basic Industries Corp (Sabic) .

27 Jun 2018

Steinhoff seeks further debt standstill from creditors

LONDON (LPC) - Troubled retailer Steinhoff said it is seeking a further three week standstill from creditors on its debt obligations as a financial restructuring nears agreement.

27 Jun 2018

Steinhoff seeks further debt standstill from creditors

LONDON, June 27 (LPC) - Troubled retailer Steinhoff is set to announce a further three week standstill from creditors on its debt obligations on Wednesday, as a financial restructuring nears agreement, according to sources close to the situation.

23 May 2018

Lenders poised to take control of Turk Telekom

LONDON (LPC) - Banks are set to take majority control of Turk Telekom in a debt restructuring that will see them take over Turkish holding company Otas, which owns a 55% stake in Turk Telekom, banking sources said on Wednesday.

18 May 2018

UK high street slowdown stretching banks' provisioning limits

(This version of the May 17 story corrects to show Maplin repaid loan to Wells Fargo)

19 Apr 2018

Banks assess Rusal options as secondary prices fall

LONDON (LPC) - Lenders to Rusal are exploring how to get rid of their exposure to Russian aluminium company before a May deadline set by the US, as the fallout from fresh sanctions pulls Russian loan pricing lower in Europe’s secondary market.  

01 Apr 2018

Kingdom of Saudi Arabia closes US$16bn loan - LPC

LONDON, April 1 (LPC) - The Kingdom of Saudi Arabia has closed an increased US$16bn syndicated loan that refinances a US$10bn facility signed in 2016, according to banking sources.

09 Mar 2018

Steinhoff's loans fall as lenders await waiver request

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.

18 Jan 2018

LPC-UK banks bear the brunt of Carillion's collapse

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.

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