Latest Loan Refinancing news:
Ono board approves EUR 200 mln refinancing by shareholders
(Telecompaper) Spanish cable company ONO's board of directors has approved financing of EUR 200 million from existing shareholders in the form of a loan. Of the overall EUR 200 million amount, around EUR 125 million will be injected immediately to support the company's business plans, while the remaining EUR 75 million is subject to liquidity tests. The move is part of Ono's refinancing plan ...
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News Source - Digital Media Europe
Publish date - 11:26:05 03/09/10
Casino company trying to take over Fort Pierce Jai-Alai fronton as part of loan default lawsuit
FORT PIERCE — Isle of Capri Casinos has set its sights on the Fort Pierce Jai-Alai & Poker.The company based in St. Louis has filed a lawsuit against Miami-based Florida Gaming — which owns Fort Pierce Jai-Alai and Miami Jai-Alai — for defaulting on a $3 million loan, according to an Securities and Exchange Commission filing by Florida Gaming on March 5.The lawsuit, filed in Palm Beach County on ...
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News Source - St. Lucie News Tribune
Publish date - 22:12:08 03/09/10
ALCO Refinances Loan On Frayser Apartments
Memphis-based ALCO Properties Inc. has taken out a $4.7 million loan on the Greenbriar Apartments at 3131 Madewell Street in Frayser.The company, oper....
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News Source - The Memphis Daily News
Publish date - 06:11:20 03/09/10
2 lived up before firm made money
THE director and the financial controller of an investment company splurged on BMWs and condominium apartments for themselves - even before their company had made any money. They even tried to get a refinancing loan for the company, but when another director, Ms Phebe Lian, did not back them on this, they sued her, claiming she cost the firm $15 million.
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News Source - Straits Times
Publish date - 03:36:21 03/09/10
Fannie Mae Mortgage-Bond Spreads Fall to Record: Credit Markets
March 9 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage securities that guide U.S. home-loan rates fell to the lowest relative to Treasuries on record, even as the scheduled end of Federal Reserve purchases approaches.
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News Source - Bloomberg
Publish date - 21:47:42 03/09/10
RLPC-Matalan's loan, bond refi finances dividend -sources
By Alasdair Reilly and Tessa Walsh
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News Source - Reuters via Yahoo! Philippines News
Publish date - 18:51:17 03/08/10
Fannie Mae Mortgage-Bond Spreads Fall to Record: Credit Markets
March 9 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage securities that guide U.S. home-loan rates are trading at the lowest relative to Treasuries on record, even as the scheduled end of Federal Reserve purchases approaches.
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News Source - Bloomberg
Publish date - 03:32:35 03/09/10
Harborwalk, lender battle about default letter
Developers of the upscale Harborwalk community have filed a lawsuit against Compass Bank about its loan agreement.
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News Source - Galveston County Daily News
Publish date - 18:03:15 03/09/10
(AFX UK Focus) 2010-03-08 11:27 RLPC-UPDATE 1-Gas Natural out with 4 bln euros loan-bankers
By Zaida Espana and Alasdair Reilly
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News Source - Interactive Investor
Publish date - 11:58:12 03/08/10
Empire Industries Ltd. Successfully Closes $17.5 Million Refinancing
WINNIPEG, MANITOBA--(Marketwire - March 8, 2010) - Empire Industries Ltd. (TSX VENTURE:EIL) ("Empire" or the "Company"), announced today that it successfully completed a $17.5 million re-financing with Canadian Western Bank, to provide a centralized $10 million revolving operating facility ("New Operating Facility") and $7.5 million in term debt ("New Term Loans"). T
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News Source - Marketwire
Publish date - 12:15:11 03/08/10
Citigroup Selling TruPS After Repaying Bailout: Credit Markets
March 9 (Bloomberg) -- Citigroup Inc. , seeking to bolster capital after repaying bailout funds to the Treasury, is selling trust preferred securities as rising investor demand drives borrowing costs to near the lowest in almost five years.
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News Source - Bloomberg
Publish date - 23:07:30 03/09/10
Associated Bank apologizes to customers
By Becky Yerak | The new chief executive of Associated Banc-Corp apologized last week to almost 300 Chicago-area customers, prospects and employees at a private breakfast, saying that the Green Bay-based lender has been too "inwardly focused" and vowing to be more aggressive in the market.
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News Source - Chicago Tribune
Publish date - 17:27:33 03/09/10
John Hargreaves to trouser £250m
• Retailer is understood to be planning £525m transaction • EU rules on bonuses will introduce tougher measures. John Hargreaves, founder of Matalan, is understood to be planning to give himself a special dividend of £250m as part of a refinancing deal being thrashed out by the fashion chain. The deal, being brokered by Goldman Sachs, follows the decision last month to pull the flotation of the ...
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News Source - Guardian Unlimited
Publish date - 02:52:48 03/10/10
Thai-ASEAN News Network
The agriculture bank is gearing up for a loan scheme to help relieve drought effects. Also, it is on the move to carry out the farm yield insurance program nationwide.
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News Source - Thailand Outlook Channel
Publish date - 11:10:59 03/08/10
Read complete Moody's report on Burlington's downgraded credit rating
Moody's Investors Services downgraded the city's general obligation bond rating Monday two steps, from Aa3 "high grade," to A2, "upper medium grade." The lower credit rating means the city will pay higher interest rates to borrow money.
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News Source - The Burlington Free Press
Publish date - 23:07:27 03/09/10
Bank of America loses out in Broward court finance deal
Bank of America lost out on a role in financing a new courthouse in downtown Fort Lauderdale on Tuesday after Broward County commissioners complained the mega-bank has failed to help people with troubled mortgages and jacked up credit card fees.
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News Source - Sun-Sentinel
Publish date - 01:47:39 03/10/10
Broward commissioners target Big Banking for role in mortgage crisis
Broward County government is taking on Big Banking.
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News Source - Sun-Sentinel
Publish date - 23:54:14 03/09/10
