Dec., 15 -- PRNewswire / AsiaNet
WASHINGTON, DC: Fannie Mae has confirmed that it will redeem another raft of principal amounts from various securities issues at a redemption price equal to 100 per cent of the principal amount redeemed, plus accrued interest thereon to the date of redemption.
www.fanniemae.com
NEW YORK and GUETERSLOH: The international media and entertainment companies Bertelsmann AG and Sony Corporation announced that they have signed a binding agreement to combine their recorded music businesses in a joint venture. The newly formed company, which will be known as Sony BMG, will be 50 per cent owned by Bertelsmann and 50 per cent owned by Sony Corporation of America, and will be based in New York.
www.bertelsmann.com
WASHINGTON: Fannie Mae has announced two benchmark notes issues.
www.fanniemae.com
LOS ANGELES: Columbia Pictures in association with Marvel Studios will release via satellite the theatrical teaser trailer for Spider-Man 2.
www.sony.com/spider-man
DUNSTABLE: Figures published today (15 December 2003) by OAG indicate that the airline industry is beginning to stabilise following an unprecedented period of turmoil.
www.oag.com
(AsiaNet is a consortium of leading news agencies distributing unedited, translated news for worldwide clients. Visit www.asianetnews.net for full-text versions.)
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