Deals
CME seeks permission from CFTC
CME planning to create a platform SEF from the CFTC. The world's largest futures market, the CME Group Inc, had applied to create a new kind of platform known as a swap execution facility and this would focus on trading commodities derivatives.
Caesar's Entertainment refinancing debt and restructuring loans
Caesar's Entertainment has planned to raise nearly five billion to refinance its overall debt. The largest casino owner in the United States, Caesars Entertainment Corp, raised a total of USD4.
Packaging Corp of America's purchase pushed through bridge loan
Packaging Corp of America's acquisition of Boise Inc would be funded by a bridge loan. A USD2 billion financing commitment was made available to Packaging Corp of America, a producer of corrugated shipping material.
Lift Labs launches the Liftware
The launch of Lift Labs was done recently to unveil its latest product the Liftware, which is a product that used grant money for its design and creation.