Digital currency companies are rushed to comply with anti-money laundering acts after Liberty Reserve gotten held up for an alleged money laundering scheme.
Commercial banks
Fiat Refinancing Loan
Fiat refinances 2 billion euro loan to acquire Chrysler. (Photo : Reuters)The image is the Fiat showcase during a carshow. In a bid to become the world's seventh largest car maker basing on sales, Fiat has announced that it is refinancing a loan valued at 2 billion euros.
Al Baraka Bank to issue sukuk denominated bond
Al Baraka Bank of Bahrain to issue US$200 million sukuk bond. (Photo : Reuters)The image is the corporate logo of Al Baraka Bank. The Turkish unit of Al Baraka Bank is working on a US$200 million sukuk.
Government gives big banks 2 years to comply
Bank of America, Chase, CitiGroup and other big banks were given two years to comply with the Dodd-Frank requirement that pushed swaps trading out of banks.
Freddie Mac Sells Off Bills At Higher Than Market Rates
Freddie Mac announced a higher than market average value for its three month and six month bonds totalling US$3 billion.
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The Moroccan institution Attijariwafa Bank is set to raise US$500 million through a foreign bond float.
The Brazilian National Bank would be funding the railroad connection between Ethiopia and South Sudan.
Ibercaja has finalized an agreement to purchase Caja 3. Ibercaja, the mid sized Spanish financial institution, said on Thursday that it has settled an agreement to buy out Caja 3, a smaller Spanish bank.
Emirates NBD to do bond issue. Amidst healthy demand, the Emirates NBD had launched a bond issue worth US$1 billion to allow the Dubai lending institution a focused price guidance.
Piraeus Bank, in order to meet obligations, has hired four banks to help in its share issues and woes.
A new syndicated loan worth US$850 million has been approved to help refinance the debts of Atlantis, the Palm.
Jain Irrigation and State Bank of India to provide assistance to Indian farmers. The largest lending institution in India, the State Bank of India, is working out a partnership with Jain Irrigation Systems Ltd, the largest irrigation equipment manufacturer in Asia, to provide planned assistance to Indian farms in the reduction of water usage yet at the same time increase productivity.
Gagfah is refinancing maturing loans to free up funds for renovations and/or acquisitions. Gagfah, the real estate group from Germany, said that it could increase its capital funding in order to finance renovations for the 145,000 flats currently in its portfolio.
JA Solar Holdings Co is ready to pay off US$119 million for interest and principal on bonds it had issued.
