Latest Bank Refinance news:
Deutsche Bank Said to Market $350 Million Garrison CLO Boosting Returns
Deutsche Bank AG is arranging a $350 million collateralized loan obligation to refinance existing debt investments managed by Garrison Investment Group LP that would boost leverage and equity returns, according to people familiar with the negotiations.
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News Source - Bloomberg
Publish date - 23:48:38 07/29/10
Russia's Sberbank to refinance RusAl's credit to VEB
Russia's top bank, state-controlled Sberbank, will fully refinance a $4.5 billion loan, which Russia's state development bank Vnesheconombank (VEB) issued to RusAl, the world's largest aluminum producer in the midst of the financial crisis, VEB head Vladimir Dmitriyev said on Wednesday.
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News Source - Russian Information Agency Novosti
Publish date - 07:04:50 07/29/10
Russia c.bank rates on hold, no hint of changes
* Russia's central bank leaves rates unchanged
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News Source - Reuters via Yahoo! Singapore News
Publish date - 10:38:28 07/30/10
Hospital for Special care gets $20 million
NEW BRITAIN — Webster Bank, N.A., a subsidiary of Webster Financial Corp. announced Wednesday it is providing $20 million in financing for Hospital for Special Care. The financing will fund the hospital’s new neurobehavioral building on its New Britain campus and refinance existing debt.
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News Source - The New Britain Herald
Publish date - 09:49:35 07/30/10
Mortgage rate dip gives rise to refinance talk
As mortgage rates get lower and lower, more and more local homeowners are looking into refinancing.
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News Source - Journal & Courier
Publish date - 12:39:05 07/30/10
Bank Stress Tests Start to Reassure
Like so many other official attempts to extinguish the Continent’s sovereign debt crisis, the bank stress tests whose results were announced Friday struck critics as timid, inadequate and overloaded with compromise — typical Europe, in other words.
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News Source - New York Times
Publish date - 08:42:39 07/27/10
Funding pressures start to ease for European banks
Funding pressures for European banks are gradually starting to ease following the region’s stress tests, with Spain’s BBVA and Santander both dipping a toe in the bond markets, but weaker lenders may still have to rely on central bank support for some time.
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News Source - Market Watch
Publish date - 13:41:02 07/30/10
Industrial Services of America, Inc. Announces New Credit Facility with Fifth Third Bank
LOUISVILLE, Ky.--(BUSINESS WIRE)--Industrial Services of America, Inc. (NASDAQ: IDSA), a company that buys, processes and markets ferrous and non-ferrous metals and other recyclable commodities for domestic users and export markets and offers programs and equipment to help businesses manage wastes announced that it has secured a new credit facility with Fifth Third Bank in the amount of $48.8 ...
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News Source - Business Wire
Publish date - 12:15:21 07/30/10
Industrial Services of America, Inc. Announces New Credit Facility with Fifth Third Bank
LOUISVILLE, Ky.----Industrial Services of America, Inc. , a company that buys, processes and markets ferrous and non-ferrous metals and other recyclable commodities for domestic users and export markets and offers programs and equipment to help businesses manage wastes announced that it has secured a new credit facility with Fifth Third Bank in the amount of $48.8 million with a three-year term.
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News Source - Business Wire via Yahoo! Finance
Publish date - 12:02:44 07/30/10
Australia’s SPIAA prices $612m 5-yr bond
SPI (Australia) Assets Pty Limited (SPIAA), a wholly-owned unit of Singapore Power, has more than doubled a five-year bond issue to A$500 million ($612 million) and priced it at 185 bps. The bond sale, initially launched with a minimum size of A$200 million at 180-185 bps, will help refinance bank loans. Read more...
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News Source - The Edge Singapore
Publish date - 08:22:56 07/30/10
Concerns raised over banks' reliance on state guarantee
Fitch became the latest ratings agency to say it is concerned about Irish banks because of Finance Minister Brian Lenihan's bank guarantee scheme ending in December. Related Stories Plans to phase out DRA met with anger Family-run food firm eyes bigger slice of the market Metro bank a fascinating case study in what customers really want Recovery doubts linger as lending remains stagnant BA £164m ...
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News Source - Belfast Telegraph
Publish date - 14:27:05 07/30/10
Bank reneges on loan one day after L.I. man loses wife of 62 years
A hard-hearted bank abruptly reneged on a loan the ex-city worker needed to pay off heavy debts that leave him with almost nothing at the end of the month.
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News Source - New York Daily News
Publish date - 10:49:01 07/27/10
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Macquarie shares slump on profit warning
Shares in the investment bank Macquarie Group have sunk after the company revealed earnings in several of its businesses this year are unlikely to meet the results posted last financial year.
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News Source - Yahoo!7 Finance
Publish date - 05:41:39 07/30/10
Fifth Third Mortgage Company Refinances $4 Billion in Loans
CINCINNATI , July 29 /PRNewswire-FirstCall/ -- Fifth Third Mortgage Company, a subsidiary of Fifth Third Bank and the 16th largest mortgage originator in the country ( Inside Mortgage Finance , April 30, 2010 ) has been hard at work to help those looking to refinance their homes do so. Since the Freddie Mac Relief Refinance(SM) Mortgage Program began in April 2009 , Fifth Third Mortgage Company ...
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News Source - PR Newswire via Yahoo! Finance
Publish date - 14:46:12 07/29/10
China Bank drops HomePlus loan rate
IN CELEBRATION of China Bank's 90th anniversary, the company is offering a promotional rate of only 7.5 percent per annum for its HomePlus Loan to make buying, building or renovating a home even more read more
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News Source - Sun Star
Publish date - 07:51:37 07/28/10
Concerns raised over banks' reliance on state guarantee
Fitch became the latest ratings agency to say it is concerned about Irish banks because of Finance Minister Brian Lenihan's bank guarantee scheme ending in December. Related Stories Cross-border mushroom producers collaborate on new techniques Solicitors snaps up city rival Asda powers ahead in bid to become more energy-efficient Plans to phase out DRA met with anger Marine business is driving ...
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News Source - Belfast Telegraph
Publish date - 09:20:29 07/30/10
Mortgage rates hit low of 4.54 percent
Mortgage rates are the most affordable in decades for those who can qualify for a loan. For many, the opportunity to buy a home or refinance at this time is lost because of the tough economy and tight credit standards.
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News Source - AP via Yahoo! Finance
Publish date - 20:10:47 07/29/10
