The Commercial Bank of Qatar is set to undertake a perpetual bond issue to cover the acquisition of Turkey's Alternatifbank.
Mezzanine Debt
Blackberry shakes off Heins, raises USD1 billion via convertible notes after Fairfax deal falls
Blackberry agreed to enter into a USD billion convertible debenture sale, which would saw its top executives including cheif executive officer Thorsten Heins leaving the company
Alcatel-Lucent seeks USD1.29 billion in capital increase
Telecom equipment maker Alcatel-Lucent launched EUR955 million in capital increase and USD750 million in high-yield bonds.
Two Brazilian banks reducing risk with Grupo EBX developments
The collateral provided by Batista and Grupo EBX have helped reduce the bank exposure risk for Banco Santander Brasil and Itau Banco.
Fairfax having difficulty in funding for Blackberry offer - sources
Fairfax Financial Holdings Ltd had until November 4 to negotiate a definitive agreement to buy out Blackberry Ltd.
Latest News
Energy Future Holdings Corp planned to pay its junior bondholders in coupons to stave off bankruptcy.
A report said the USD 600 million worth of naked bonds by Wynn Macau showed robust appetite for Asian gaming debt despite a slow economic growth in China.
EHF to make million dollar interest payment on Friday in hopes of restructuring. On Friday, Energy Future Holdings (EFH) plans to make a USD270 million interest payment.
Energy Future Holdings planned to make coupon payments worth USD 270 million to creditors as a possible bankruptcy loomed.
The term sheet indicated a USD150 million note with a maturity of five years for Modern Land offered to the bond market.
Majority of the economists deduced that the size of the US Federal Reserve's bond-buying program would not be tapered.
News Corp received a five-year revolving line of credit amounting to USD 650 million. News Corp was able to get a revolving credit line worth USD 650 million, which would be good for five years.
Onex Credit completed its fourth collateralized loan obligation through a private placement. Onex Corporation through a statement announced Onex Credit Partners LLC had completed the offer of its fourth collateralized loan obligation through a private placement transaction.
OGX would be filing for bankruptcy should it not be able to meet interest payments to bondholders amounting to USD44.5 million.
