Lufthansa to modify pension plan for employees by year's end
Lufthansa had decided to scrap the current pension plan to a plan that is tied to investment returns of the fund.
Mezzanine Debt
Djibouti receives $11 million grant from the European Union
Djibouti has received $11 million grant from the European Union to help the country in looking for ways to solve the current problem in potable water and its scarcity of supply.
Nebula bags USD3.5 million new debt funding
According to a court filing yesterday, Nebula has taken in USD3.5 million worth of new debt financing from undisclosed investors, reported Venture Beat...
Dropbox raises $500M in debt funding
San Francisco, US-based cloud storage giant Dropbox has raised $500 million in a debt funding reportedly led by JP Morgan for the construction of its new data centers, according to a source familiar w..
Spanish lender BMN to sell shares to pay back state-back rescue fund
Banco Mare Nostrum has intended to sell its shares before the deadline of the state funded bailout aid it received before the 2017 deadline...
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Suntech restructures debt through new programs
Suntech Power, the solar energy corporation, announced a plan to convert debt to equity as well as inclusion of a new strategic partner.
Debt specialists surround Billabong to seek board spill
Coastal Capital joined debt specialists to seek board spill in Billabong International Ltd.
Central Bank of Malaysia says no to sukuk issuance proposal for Bank Islam acquisition
The Central Bank of Malaysia said no to the proposal of BIMB Holdings to issue Islamic bonds to fund its purchase of Bank Islam.
US regulators press JPMorgan Chase & Co for at least USD 6 billion to settle lawsuits- source
A source told Reuters that the FHFA would settle the lawsuit it filed against JPMorgan Chase & Co on subprime mortgages for at least USD 6 billion.
German government still willing to discuss loan with Airbus
The government of Germany said it was still open to talk with Airbus about its development loan.
Wal-Mart spearheads loan funding for Bangladeshi factory safety
Wal-Mart, together with other North American companies, banded together to create the Alliance for Bangladesh Worker Safety.
Advanced Semiconductor Engineering Inc to gather USD 400 million through convertible bond sale
Taiwan-based Advanced Semiconductor Engineering Inc would be selling convertible bonds to raise USD 400 million.
Aircel ties up INR8 billion loans to refinance existing debt
Aircel Ltd announced refinancing its existing debt through a tie up of nearly INR8 billion loans.
Investec leads financing for South African power plants
Investec would coordinate lending facilities for two power plants to be built in South Africa.
