Majid Al Futtaim sets max deal volume for hybrid bond
The deal pegged to be at USD500 million is now worth USD1 billion.
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
Twitter lands USD1 billion credit line
Like Facebook and Zynga before it, Twitter was able to secure a USD1 billion credit facility from its IPO bank managers.
Kior gets commitments for its second biofuel plant
Kior, the operator of the first US biofuel plant, had received financial commitments amounting to USD100 million.
Renaissance, through Topaz Marine, set to offer senior notes
The offered senior notes from Renaissance is worth USD350 million with a five year term.
ECB head Mario Draghi seeks protection for bondholders
Bondholders were sought protected by Mario Draghi through the European Central Bank.
Singaporean consortium gets approval for class action suit against Morgan Stanley
A group of investors obtain class action approval against Morgan Stanley for the controversial Pinnacle notes.
Fisker's DOE loan bought by Hong Kong consortium
The Department of Energy loan given to the now floundering Fisker was bought out by an investment firm headed by Richard Li.
NXT Capital gives subordinated venture loan to MyBuys
NXT Capital invested in MyBuys through a USD 4.5 million subordinated venture loan.
GE pays off Buffett's Berkshire Hathaway warrants
A payment of USD260.7 million was paid to Berkshire Hathaway for the exercise of its warrants from General Electric Co.
New debt instruments issued by Wrigley to finance operations and manage debt
Wrigley issued a number of debt instruments with specific term lengths, yields and interest rates.
