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Latest Bank Refinance news:

BDO to use dollar capital-raising proceeds to repay debt
MANILA, Philippines - Funds from a planned capital-raising activity offshore by Banco de Oro Unibank, Inc. (BDO) would be used to refinance some $150 million in the bank"s maturing obligations this year, the bank"s chief said Thursday night.
Read more News Source - GMA News
Publish date - 18:06:58 07/04/08

In the world of home foreclosure, you can bank on damage
When Bob Steele, owner of Passport Realty in Mount Vernon, heads out to deliver a foreclosure notice, he always takes along a can of mace and a nightstick. He says you can't be too careful.
Read more News Source - Baltimore Examiner
Publish date - 18:51:04 07/05/08

BDO to raise $150-M in Tier 2 capital
Banco de Oro Unibank (BDO), the main banking unit of the SM Group of retail tycoon Henry Sy, is planning to raise at least $150 million in Tier 2 capital to refinance its foreign obligations maturing in October this year.
Read more News Source - Philstar.com
Publish date - 16:03:02 07/05/08

Banking & Finance: Banco de Oro to use dollar capital-raising proceeds to repay debt
Funds from a planned capital-raising activity offshore by Banco de Oro Unibank, Inc. (BDO) would be used to refinance some $150 million in the bank’s maturing obligations this year, the bank's chief said Thursday night.
Read more News Source - BusinessWorld Online
Publish date - 12:18:46 07/04/08

German Stocks Rise on Trichet Comments; Deutsche Bank Gains
July 3 (Bloomberg) -- German stocks rose, led by banks, after European Central Bank president Jean-Claude Trichet signaled today's rate increase may be enough to contain inflation.
Read more News Source - Bloomberg.com
Publish date - 16:30:36 07/03/08

National Bank of Fujairah gets $210m loan
National Bank of Fujairah has borrowed Dhs772m ($210m) from a group of 12 banks to refinance debt and enable it to lend more, reported Bloomberg.
Read more News Source - AME Info
Publish date - 03:54:30 07/02/08

LBO Defaults May Rise as About $500 Billion Comes Due (Update2)
July 4 (Bloomberg) -- Leveraged-buyout loan defaults may be ``significantly higher'' than ratings companies' estimates as about $500 billion of debt used to fund the takeovers comes due, the Bank for International Settlements said.
Read more News Source - Bloomberg.com
Publish date - 15:43:06 07/04/08

Hyflux establishes S$300m multi-currency debt issuance programme
SINGAPORE : Water treatment firm Hyflux has set up a S$300 multi-currency debt issuance programme. It is hoping to raise funds to refinance debt and for expenditure and working capital.
Read more News Source - Channel NewsAsia
Publish date - 15:03:07 07/04/08

Opening Glance: Shares of commercial banks rise
Commercial bank stocks rose Wednesday morning after the Mortgage Bankers Association said mortgage application volume rose 3.6 percent from its 2008 low, and refinance volume increased 4.7 percent for the week ended June 27.
Read more News Source - AP via Yahoo! Finance
Publish date - 14:33:18 07/02/08

Russian agri firm RAV valued at $239 mln-$543 mln
MOSCOW, July 4 (Reuters) - Italy's UniCredit , which is organising a share offer for Russian agriculture business RAV Agro-Pro, has valued the company at between $239 million and $543 million, bank documents obtained by Reuters showed on Friday.
Read more News Source - Reuters via Yahoo! Malaysia News
Publish date - 13:55:24 07/04/08

ECB raises rates quarter point
The European Central Bank has raised interest rates for the first time in more than a year to combat escalating inflation in the 15 countries that use the euro.
Read more News Source - AP via Yahoo! News
Publish date - 11:54:29 07/03/08

Westpac winning funding costs argument
WESTPAC has won a tactical victory in the subterranean battle under way with "friendly" merger partner St George Bank, after the target announced yesterday a surprise 20 basis point hike in its variable home loan rate.
Read more News Source - The Australian
Publish date - 15:21:17 07/04/08

LBO Remuneration Encourages `Excessive' Risk-Taking, BIS Says
July 4 (Bloomberg) -- Private equity dealmakers are encouraged to take ``excessive'' risks because the way they're rewarded means they face only limited consequences when investments fail, the Bank of International Settlements said.
Read more News Source - Bloomberg.com
Publish date - 00:04:17 07/04/08

ECB expected to raise interest rates
Analysts widely expect the European Central Bank to raise its main interest rate Thursday for the first time in a year in an effort to rein in escalating inflation, but whether such a move will help or hurt is still in question.
Read more News Source - AP via Yahoo! News
Publish date - 05:42:25 07/03/08
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Federal Home Loan Bank of Indianapolis Offers Second Round of Funding to Help Lenders Relieve Threat of Foreclosure
INDIANAPOLIS, July 2, 2008 -- Milton J. Miller, President & CEO of the Federal Home Loan Bank of Indianapolis , has announced a second round of the bank's $100 million lending initiative, HomeRetain, to help FHLBI financial institution members assist families facing foreclosure.
Read more News Source - PrimeNewswire via Yahoo! Finance
Publish date - 12:03:59 07/02/08

Information on FAF Advisors' Closed-end Funds
American Strategic Income Portfolio Inc. ("ASP"), American Strategic Income Portfolio Inc. - II ("BSP"), American Strategic Income Portfolio Inc. - III ("CSP") and American Select Portfolio Inc. ("SLA") announced today that they have reached an agreement in principle with a third party lender to obtain four separate credit facilities that would be sufficient to refinance in full all amounts ...
Read more News Source - Centre Daily Times
Publish date - 16:33:19 07/03/08

German Stocks Fall for Sixth Day; Hypo Real Estate Declines
July 3 (Bloomberg) -- German stocks dropped for a sixth day, set to complete the longest losing streak since January, as oil rose to a record above $145 a barrel and investors speculated the European Central Bank will raise borrowing costs.
Read more News Source - Bloomberg.com
Publish date - 11:03:48 07/03/08

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