Two Brazilian banks reducing risk with Grupo EBX developments
The collateral provided by Batista and Grupo EBX have helped reduce the bank exposure risk for Banco Santander Brasil and Itau Banco.
Debt
China Is Offering Long-Term Bonds Worth $140 Billion to Stimulate Economy
China to issue 1 trillion Chinese Yuan in long-term bonds starting this week to boost the economy.
Steward Health Care Puts All 31 Hospitals up for Sale to Address $9 Billion Debt After Filing for Bankruptcy
Steward Health Care has reportedly listed all its 31 hospitals in the United States for sale to pay off its $9 billion debt...
Portugal banks revises Loan terms
The banks in Potugal had a lot of issues to solve after failing to sell Novo Banco. This has made a lot adjustments that needs to be done by the banks...
Sprint Raises $2.2 Billion Fund Under Complex Transaction Structure
Sprint has announced on Wednesday raising $2.2 billion fund through selling and leasing back of network assets. The complex transaction structure has been facilitated by the internet carrier’s parent ..
Latest News
Banco do Brasil obtains syndicated loan
A USD1 billion syndicated loan was formalized by Banco do Brasil with five international lending institutions.
Citigroup preparing sale of mortgage backed securities, its first since 2008
Without government backing, Citigroup is now offering mortgage backed securities backed by prime jumbo mortgages mortgages from private sources.
Commercial Bank of Qatar to issue bonds
The Commercial Bank of Qatar is set to undertake a perpetual bond issue to cover the acquisition of Turkey's Alternatifbank.
Modern Land offer attractive to investment hungry China
The term sheet indicated a USD150 million note with a maturity of five years for Modern Land offered to the bond market.
Onex Credit Partners LLC completed its latest collateralized loan obligation
Onex Credit completed its fourth collateralized loan obligation through a private placement.
Judge approves tentative deal for Countrywide
Judge Mariana Pfaelzer of the US District Court of Los Angeles temporarily approves Countrywide settlement for devalued residential mortgage backed securities.
GE Capital gives Original Joe’s USD 49 million expanded senior credit facility
Original Joe's Franchise Group Inc and its parent company Franworks Franchise Corp received an expanded senior credit facility from GE Capital's Canadian Franchise Finance business.
Argentina urges hold order on payment judgement to debt holders
In a filing with the US Supreme Court, Argentina seek stay of payment order issued by lower court.
