Debt

Portugal banks revises Loan terms

The banks in Potugal had a lot of issues to solve after failing to sell Novo Banco. This has made a lot adjustments that needs to be done by the banks.


Sprint Raises $2.2 Billion Fund Under Complex Transaction Structure

Sprint has announced on Wednesday raising $2.2 billion fund through selling and leasing back of network assets. The complex transaction structure has been facilitated by the internet carrier’s parent ..

SunEdison to File Chapter 11, Probed By SEC

SunEdison is about to file bankruptcy protection to safeguard itself from creditors while trying to recover from its losses while it continues to operate. At the same time it is being investigated by..

OPIC Sanctions $421 Million Debt Financing To India’s Solar And Internet Projects

OPIC, a US private development finance institution has extended support to India to build a low carbon economy and expand the internet infrastructure. It has sanctioned $421 million for India’s solar ..


Latest News

Kenya's Eurobond issue to upgrade country's infrastructure
Kenya's Treasury Secretary Henry Rotich confirms the sale of as much as USD2 billion worth of Eurobonds for the country's debt payments and energy projects.
UK court grants Monier Group Services loan extension
Monier Group Services was able to get an extension for its debt even without the backing of all its creditors after London's High Court decided on the matter.
Deutsche Bank loan issue overshadowed by new agreements
Deutsche Bank AG said that new rules would not foster business but in the past week alone it had agreed on a couple of business related loans.
Investors diverge on future of JCPenney
Depending on their risk interpretation of the current debt situation of JCPenney under new CEO Mike Ullman.
Cinda to do IPO
China Cinda Asset Management would be listing its shares in Hong Kong with a projected share volume sale of USD2 billion.
Banks avoid financial backing for Etisalat over letter of support issued for subsidiary
Two of the most active banks in the Gulf region, Standard Chartered and Citigroup Inc have decided not to support Etisalat's loan for the acquisition of Maroc Telecom.
Carrefour plans to buy a portfolio of Klepierre malls
French retailer Carrefour SA said it is in talks to buy a portfolio of malls owned by real estate investment company Klepierre.
Penn West looks to sell up to USD2 billion in assets
Canadian oil producer Penn West Petroleum announced that it will be selling up to USD2 billion of its assets to reduce debt levels.
Central States Tower II obtains USD 35 million senior secured credit facility from CIT Corporate Finance
CIT Corporate Finance provided a senior secured credit facility worth USD 35 million to wireless communications towers operator Central States Tower II.
Monroe Capital LLC funds senior credit facility for the acquisition of Gem Shopping Network
Monroe Capital announced the funding worth USD27.5 million for the use of an affiliate of Sun Capital Partners Inc for the acquisition of Gem Shopping Network.
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