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General Motors

Moody's upgrades GM debt

GM debt had been upgraded by Moody's Investment Service to investment grade from junk status.

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Gambling

Caesar's Entertainment refinancing debt and restructuring loans

Caesar's Entertainment has planned to raise nearly five billion to refinance its overall debt.

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Indian Rupee

India Infoline Finance planning to expand its network

The network branches of India Infoline Finance had been set to expand its clientele and service offerings.

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Melody Capital Partners

Melody Capital Partners eats risk for breakfast

As risk is shunned by regular banks, Melody Capital Partners takes on risk to expand its business.

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Royal Mail

Royal Mail gets GBP1.4 billion ahead of IPO

Britain's Royal Mail had received GBP1.4 billion in credit facilities according to a Sky News Report on Tuesday.

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Verizon

Rates for loans to cover Vodafone buyout bared

The rates for the loans engaged by Verizon Communications to pay off the 45% Vodafone ownership in the Wireless venture was recently released.

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Dell

Dell Inc set to meet creditor banks for leveraged buyout financial backing

The financing aspect of the leveraged buyout of Dell Inc by CEO Michael Dell and Silver Lake Partners was discussed for finalization.

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Verizon Wireless

Terms for loans for Verizon-Vodafone buyout set

The interest rates and maturities of standing loans to back up the Verizon buyout of Vodafone was determined.

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Credit funds in China

Currency swaps the norm in China for foreign businesses

Instead of raising funds through the Dim Sum bond market, foreign companies in China opt for cross currency swaps to raise funds for operations.

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Walmart

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.

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Playboy

Loan-covenant breach risk cuts Playboy’s ratings - S&P

Standard and Poor's (S&P) had concluded that Playboy Enterprises Inc would likely be under pressure from its USD185 million loan-covenant to reduce its loans and increase its earnings.

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Brazil

Brazil Real surges on USD60 billion plan

The central bank of Brazil had created an intervention plan of USD60 billion in loans and foreign currency swaps as inflation threatened the country's economy following the plunged of the real to a four year low this week.

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Homes in China

Chinese banks reduce loans to development projects in smaller cities: economist

A state think-tank said Chinese banks have reduced loans on property developments in smaller cities because of the glut in unsold homes there.

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Ukrainian court

Recent Ukrainian court practice deemed to affect commercial transactions

Recent Ukrainian court practice was deemed to affect commercial transactions.

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ExactTarget logo

Salesforce.com loans US$300 million for ExactTarget acquisition

Salesforce.com loaned US$300 million for its ExactTarget acquisition.

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