$5 billion in debt relief included in American Rescue Plan for farmers of color – WBNG-TV

(WBNG) — Included in the American Rescue Plan was $5 billion which is to dedicated toward providing debt relief for farmers of color. It’s part of a federal effort to reconcile years of discrimination in the farming community. Assemblywoman Donna Lupardo responded to the bill Wednesday with a statement, writing: “Socially disadvantaged farmers have been…

Vedanta Resources’ strong operating performance to help debt servicing : S&P – Mint

MUMBAI: S&P Global Ratings on Tuesday said Vedanta Resources‘ ability to meet debt maturities till June next year is backed by strong operating performance of its subsidiary Vedanta Ltd. “We forecast Vedanta will generate solid consolidated free operating cash flow of about US$2.5 billion in fiscal 2022 (year ending March 2022), based on the company’s…

AT&T’s $43 billion deal with Discovery will help it reduce debt ahead of costly 5G build-out – MarketWatch

AT&T Inc. is spinning off its WarnerMedia business in a deal with Discovery Communications Inc. as the telecommunications giant refocuses its attention on its wireless business and looks to reduce its debt position ahead of a costly 5G build-out. The two companies formally announced plans to combine AT&Ts T, -0.87% WarnerMedia business with Discovery Inc.s…