The publisher of Penthouse magazine, FriendFinder Networks, filed for Chapter 11 bankruptcy.
After completion of the Cyprus review, IMF released another USD113 million for the bailout of the country.
Deerfield announced today funding of a credit facility for Imris Inc. valued USD25 million.
The bankruptcy Chapter 11 plan for KV Pharmaceuticals sufficiently reduced its debt and opened a USD375 million recapitalization facility.
Blue Victory Holdings Inc extend a USD 1 million credit facility to American Restaurant Concepts.
Ontario Teachers Pension Plan and Hastings Funds Management refinanced their existing loan worth AUD 1.646 billion or USD 1.54 billion.
The Korean Financial Investment Association was visited by members of the Fair Trade Commission to obtain documents on its probe as to alleged rate fixing for the country's certificate of deposit.
Paulo Portas, the new Portuguese deputy prime minister, would have oversight over budget negotiations, a position that would prove problematic in light of Portugal's compliance with previous requirements.
The Chinese government, amidst calls for a pending crisis due to bad debts, is pushing its banks to shore up its capitalization in compliance with Basel III.
Raiffeisen Bank International had been drubbed by bad debts in its Eastern European business as well as insolvencies and restructuring in its home country of Austria.
The network branches of India Infoline Finance had been set to expand its clientele and service offerings.
Italian Banca Monte dei Paschi di Siena has raised its capital for the bank's revised bailout plan to EUR2.5 billion or USD3.3 billion.
JPMorgan Chase Co., Bank of America Corp. and Goldman Sachs Group Inc. would not be able to get out from their financial commitments to a buyout of retailer Rue 21 by private equity firm Apax Partners.
OGX Petroleo, Eike Batista's flagship company, may seek more financial assistance from bondholders to avoid seeking bankruptcy protection.
Salus Capital Partners provided Dots, the fashion apparel retailer, a USD51 million refinancing package through a senior secured credit facility with a term loan.