VENTURE CAPITAL POST

Canadian company GuestLogix Inc has received court approval for implementing sale and investment solicitation process (SISP). Canaccord Gunuity Corp will be financial advisor to the company under the SISP. The bidding process is being executed in a phased manner.

Applications for U.S. home mortgages rose last week as both purchase and refinancing applications increased, an industry group said on Wednesday.

Sources told Bloomberg that CT Corp, a diversified holding company based in Indonesia, has hired 13 lenders to market a syndicated loan worth $1.275 billion.

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.

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

Salus Capital Partners provided Dots, the fashion apparel retailer, a USD51 million refinancing package through a senior secured credit facility with a term loan.

Spain's El Corte Ingles said on Monday that it has reached an agreement with banks to refinance its EUR5 billion debt.

Australian surfwear company Billabong ended takeover talks and looks at its refinancing options instead.