Merchant banks

BNDES to Fund Ethiopian Railway Connection to South Sudan

The Brazilian National Bank would be funding the railroad connection between Ethiopia and South Sudan.

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Ibercaja to acquire Caja 3

Ibercaja has finalized an agreement to purchase Caja 3.

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Emirates NBD to Do Bond Issue

Emirates NBD to do bond issue.

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Piraeus of Greece Hires Banks

Piraeus Bank, in order to meet obligations, has hired four banks to help in its share issues and woes.

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Loan Refinanced for Atlantis, the Palm

A new syndicated loan worth US$850 million has been approved to help refinance the debts of Atlantis, the Palm.

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Jain and State Bank of India to Help Indian Farmers

Jain Irrigation and State Bank of India to provide assistance to Indian farmers.

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JA Solar Holdings Co to Repay Debt

JA Solar Holdings Co is ready to pay off US$119 million for interest and principal on bonds it had issued.

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Gagfah to refinance in order to fund projects

Gagfah is refinancing maturing loans to free up funds for renovations and/or acquisitions.

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The European Financial Stability Facility Appoints Banks to Manage Bond Issue

EFSF appoints BNP Paribas, JP Morgan and Deutsche Bank for unscheduled bond issue.

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SunTech Obtains Creditor Reprieve Again

Suntech was able to obtain another deferment as to the loan obligations that would fall due on May 15.

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Commerzbank to sell off property loans business

Commerzbank is selling off its property loans unit to Lone Star and Wells Fargo Bank.

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Commercial Bank of Dubai to Issue International Bonds

The Commercial Bank of Dubai has set the price of its bond issue with a volume of US$500 million.

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CIMB's Purchase of SMC's Bank Shareholdings Hits Legal Hurdle

Current constitutional restrictions on foreign ownership of real property is what is causing the delay in the sale of 60% of the 84% ownership of SMC in Bank of Commerce by CMIB.

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EBRD Opting for Direct Approach

The EBRD is thinking of going directly to the small business man to help jumpstart the European economy.

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US$5 Million Credit Facility for Augme from Silicon Valley Bank

Augme Tech gets loan facility from Silicon Valley Bank.

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