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

Abu Dhabi's Tourism Development & Investment Co to seek USD 1 billion loan- sources
The Tourism Development & Investment Co was reportedly talking with various banks for a USD 1 billion loan facility to replace its existing debt, according to bankers interviewed by Bloomberg.
Masdar Energy gets GBP 266 million for wind farm development
Masdar Energy UK was granted a GBP 266 million loan from various lenders to fund its share of the cost of developing the largest wind farm in the world.
Aldar Properties seek bridge loan to pay off maturing debt
Aldar Properties, after being bailed out by the Abu Dhabi government, had discussed obtaining a bridge loan to pay off debts.
Monroe Capital provides credit facility for acquisition of Escort Inc by Monomoy Capital Partners
Monomoy Capital Partners would acquire Escort Inc through the credit assistance of Monroe Capital.
Monte Paschi to cut more jobs in return from EU bailout
Monte Paschi would cut more jobs to be able to secure a state bailout fund from the European Union, said a Bloomberg report.
Vitol SA's debt rates same as Glencore negotiated rates
Vitol SA obtains favorable LIbOR for its one year and three year credit lines.
Stock markets hunker down for incoming volatility due to impasse
As the budget deadlock continues, the stock market's fear index is rising and many investors are preparing for future stock volatility.
GM Nova Scotia's noteholders hit the jackpot
The noteholders of GM Nova Scotia used a local law loophole to allow its earnings to double from the bankruptcy proceedings.
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