Sectors
NEC - too ugly for smartphone party
NEC threw the towel in its bid for gaining from the smartphone industry. NEC, a little known smartphone manufacturer, announced today that it is bowing out of the smartphone competition.
Wild Craze gets US $2 mln credit line from TCA Global Credit
Wild Craze secured a US $2 million loan from TCA Global, which it intends to use for expansion. Wild Craze Inc. gets a business boost after TCA Global Credit Master Fund agreed to extend a US $2 million senior secured loan to the company, with an initial draw down of US $300,000.
John's Incredible Pizza gets investment from debt funding giant Praesidian
John's Incredible Pizza gets US $17.4 million investment from Praesidian Capital. John's Incredible Pizza secured US $17. 4 million, representing first lien debt, from Praesidian Capital, one of the market leaders in debt capital options for small & medium businesses and mid-sized organizations.
Sanlam's US $24 mln investment takes load off beleaguered First Strut
Sanlam, South Africa's leading life insurer, shells out US $24 million in favor of First Strut.