IMF completes first review of Cyprus bailout program
After completion of the Cyprus review, IMF released another USD113 million for the bailout of the country.
Mezzanine Debt
Djibouti receives $11 million grant from the European Union
Djibouti has received $11 million grant from the European Union to help the country in looking for ways to solve the current problem in potable water and its scarcity of supply.
Nebula bags USD3.5 million new debt funding
According to a court filing yesterday, Nebula has taken in USD3.5 million worth of new debt financing from undisclosed investors, reported Venture Beat...
Dropbox raises $500M in debt funding
San Francisco, US-based cloud storage giant Dropbox has raised $500 million in a debt funding reportedly led by JP Morgan for the construction of its new data centers, according to a source familiar w..
Spanish lender BMN to sell shares to pay back state-back rescue fund
Banco Mare Nostrum has intended to sell its shares before the deadline of the state funded bailout aid it received before the 2017 deadline...
Latest News
Deerfield provides financing to Imris
Deerfield announced today funding of a credit facility for Imris Inc. valued USD25 million.
KV Pharmaceuticals declares reorganization plan successful
The bankruptcy Chapter 11 plan for KV Pharmaceuticals sufficiently reduced its debt and opened a USD375 million recapitalization facility.
American Restaurant Concepts gets USD 1 million credit facility from Blue Victory Holdings
Blue Victory Holdings Inc extend a USD 1 million credit facility to American Restaurant Concepts.
Ontario Teachers, Hastings Funds Management refinance USD 1.54 billion loan
Ontario Teachers Pension Plan and Hastings Funds Management refinanced their existing loan worth AUD 1.646 billion or USD 1.54 billion.
Certificate of Deposit rate rigging scandal investigation continues with visit to KFIA
The Korean Financial Investment Association was visited by members of the Fair Trade Commission to obtain documents on its probe as to alleged rate fixing for the country's certificate of deposit.
Portugal's new deputy prime minister seeking new budget quotas from international lending agencies
Paulo Portas, the new Portuguese deputy prime minister, would have oversight over budget negotiations, a position that would prove problematic in light of Portugal's compliance with previous requireme
Chinese authorities pushing banks to comply with Basel III
The Chinese government, amidst calls for a pending crisis due to bad debts, is pushing its banks to shore up its capitalization in compliance with Basel III.
Raiffeisen Bank International to increase bad debt provisions for 2013
Raiffeisen Bank International had been drubbed by bad debts in its Eastern European business as well as insolvencies and restructuring in its home country of Austria.
India Infoline Finance planning to expand its network
The network branches of India Infoline Finance had been set to expand its clientele and service offerings.
