Data published by the Council for Mortgage Lenders and the British Bankers' Association indicate a housing boom in London as compared to average house prices in all of Britain, according to The Financial Times.
Mezzanine Debt
Breaking News
The state of Russia under President Vladimir Putin agreed to acquire $15 billion worth of Ukrainian Eurobonds to help the beleaguered country of Ukraine out of a potential currency crisis, according to a Reuters report.
BlackBerry Ltd released a brief statement late Thursday that it has extended its deadline for debtholders who would like to purchase additional shares to January 13 next year.
A Bloomberg report said Berry Plastics Group Inc is seeking to refinance its debt, offering to pay 2.75 to 3 percentage points more than the London interbank offered rate.
American firearms maker Freedom Group plans to raise $175 million from Wall Street financial institutions, according to a Reuters report. Cerberus Capital Management, which tried to exit the company last year, earlier opted for a $200 million mezzanine debt to pay off Freedom Group's investors.
Head William Dean Chapman Reston of Virginia-based firm Alexander Capital Markets was found guilty of defrauding its investors including US Representative Alan Grayson of more than USD35 million in a loan scheme, Reuters said in a report.
According to a report, commercial real estate investors in the UK are looking to take on more debt with the continued resurgence in the commercial property market.
A Bloomberg report noted that China's massive CNY2.6 trillion or USD427 billion corporate debt is due next year, indicating a possibility that the country could default on its payments for the first time.
The GBP875,000 loan extended by property and technology entrepreneur Andrew Ruhan to his brother Gabriel, who runs Strategic Natural Resources, was intended to pay off creditors.
Lawmakers of the Sejm or the Polish Lower House of Parliament approved changes in the country's pension system to takeover government bonds currently held by 14 privately-run pension funds.
Paul Kazarian, founder of Japonica Partners & Co and known for his purchase of Greek bonds, told Bloomberg in an interview that Greece needs to adopt corporate accounting practices if it is to return to the debt markets.
The JPY18.6 trillion or USD182 billion economic plan for Japan was approved by the state's cabinet under Prime Minister Shinzo Abe. The core of the package is the JPY5.5 trillion in spending measures Abe ordered back in October this year.
Cokal says received conditional proposal for debt financing facility of $150 million.
A USD 4.5 million credit facility was granted to Chicago-based online provider for in-home care Sittercity by Square 1 Bank, a bank that exclusively caters to the needs of entrepreneurs and the venture capital community.
