BMC cut its leveraged buyout loans from US$4.2 billion to US$3.5 billion and boosted sale of bonds from US$1.38 billion to US$1.63 billion.
Deals
China Railway Corporation boosts annual investment to CNY 660 billion
State-owned China Railway Corporation announced that it will boost its investment in fixed assets this year to CNY 660 billion.
Chong Hing Bank receives M&A offer: sources
Sources told Reuters that Hong Kong-based Chong Hing Bank Ltd has received a potential merger and acquisition offer from a firm controlled by the Guangzhou city government.
Chariot Oil & Gas agrees with Cairn Energy for 35% stake of Mauritania
A farm-out deal was signed between Chariot Oil & Gas Ltd and Cairn Energy Plc. A farm-out deal was signed between Chariot Oil & Gas Ltd and Cairn Energy Plc.
Soasta scores USD 30 million in funding from new and existing investors
California-based cloud and mobile testing company Soasta Inc announced that it was able to raise a total of USD 30 million in growth-stage funds.
Latest News
BMC Software Inc raised US$1.63 billion of dollar denominated debt after boosting the offering by 18%.
Russia-based telecommunications operator MegaFon announced that it would be acquiring Scartel, the only 4G provider in the country for USD 1.2 billion.
New York Times Co Chairman Arthur Sulzberger Jr announced they won't be selling the New York Times.
Wells Fargo Bank and American Express credit cards have agreed to offer a credit card to the consumer credit market.
Washington Post Co.’s future relied on Kaplan Inc.'s for-profit colleges. On the night of August 5, Kaplan Inc. 's chief executive officer, Andrew Rosen, sent a memo to the company's workers regarding its parent corporation's, Washington Post Co.
Energy platform drillMap Inc announced that it successfully closed its Series A funding round with USD 6.5 million.
YoungAndMinted.com, the photo sharing website for people who have succeeded in business, announced that it has received funding from two unidentified investors.
Mobile photography startup Foap said it was able to secure USD 1.5 million in funds from Maxwell Ventures and Industrifonden, a venture capital firm in Sweden.
Budapest-based Organica water closed its Series B financing round successfully. Budapest-based Organica water closed its Series B financing round successfully.
