Debt

Twitter lands USD1 billion credit line

Like Facebook and Zynga before it, Twitter was able to secure a USD1 billion credit facility from its IPO bank managers.


Kior gets commitments for its second biofuel plant

Kior, the operator of the first US biofuel plant, had received financial commitments amounting to USD100 million.

Renaissance, through Topaz Marine, set to offer senior notes

The offered senior notes from Renaissance is worth USD350 million with a five year term. Renaissance Services, an Omani based firm, announced last Monday that its subsidiary, Topaz Marine was in the process of marketing a five year USD350 million senior note offer.

ECB head Mario Draghi seeks protection for bondholders

Bondholders were sought protected by Mario Draghi through the European Central Bank. The European Central Bank head Mario Draghi informed the European Commission last month requesting that bondholders be spared any losses in the event a bank rescue occurs until such time an EU banking union is put in place.


Latest News

NXT Capital invested in MyBuys through a USD 4.5 million subordinated venture loan. The Venture Finance Group of NXT Capital gave a USD subordinated venture loan to support MyBuys.
A payment of USD260.7 million was paid to Berkshire Hathaway for the exercise of its warrants from General Electric Co.
Wrigley issued a number of debt instruments with specific term lengths, yields and interest rates. An amount worth USD3 billion through a five bond offer was done by Mars Inc's Wm Wrigley Jr Co.
Serbia's committee for economic cooperation would be travelling to the UAE to discuss a loan agreement.
KB Home set to offer bonds as well as notes issued to assist its plan to retire soon to be maturing debt.
Secured lenders at Texas Competitive Electric Holdings and unsecured bondholders at Energy Future Intermediate Holdings (EFIH) were in a deadlock about their confidentiality agreements due to Energy Future Holdings' USD250 bond debt payments due on November 1.
Banking regulators now are empowered to confiscate and break up a financial institution if bankruptcy would only hurt the economy.
Due to so-called 'exogenous shocks', Jordan leverages release of third tranche of the IMF funding.
With Congress working feverishly, the current budget impasse and the debt ceiling may become an economic superstorm.
Alitalia remains operational because of capital infusion from Il Poste and Italian banks. Poste's investment in Italia is a move to allow the airline to keep operating and keep itself searching for foreign partners without denigrating itself.
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