Mezzanine Debt
Gannett raises USD1.25 billion for Belo acquisition
The Washington Business Journal said Gannett Co Inc was able to raise USD1.25 billion in debt offering to fund its USD2.2 billion acquisition of Belo Corp.
RadioShack gets new financing offer
RadioShack had received several new financing offers from Bank of America and Wells Fargo, said a Reuters report.
Nykredit to refinance DKK 11 billion or USD 2 billion debt
Nykredit would be refinancing its DKK 11 billion debt through preferred stock issuance and contingent convertible debt.
Saudi's state airports operator surpasses record Islamic bond issue value
The General Authority for Civil Aviation's sukuk bond issue reach SAR15.2 billion. State airports operator of Saudi Arabia had priced a SAR15. 2 billion or USD4.
Latest News
Warner Bros Pictures announced on Monday that it had entered a co-financing deal with RatPac Dune Entertainment to finance as many as 75 movies, said a Reuters report.
The New Zealand government along with private lenders had agreed to aid stricken coal miner Solid Energy with a multi-million bailout fund.
On Monday, Renesas Electronics Corp received bailout funding from a government-led fund and its major customers.
Deutsche Post raised a EUR 2 billion through a revolving credit facility. Deutsche Post obtained a EUR 2 billion or USD 2. 7 billion loan as interest rates fell in Germany.
Creditors were poised to provide USD5.9 billion loans to Tokyo Electric Power Co. (Tepco), according to a Reuters report.
The European Union had switched the burden to aid troubled banks from taxpayers to shareholders, big depositors and bondholders, said a Reuters report.
UK Prime Minister David Cameron flaunted his new housing plan at the start of his campaign for the 2015 elections last Sunday, said a Reuters report.
Greece international lenders had temporarily halted their latest bailout fund to Greece, according to a Reuters report.
According to Egypt's central bank governor, the country had received USD7 billion of Gulf aid out of the USD12 billion pledges from Gulf countries.
In a bid to ease the pressure on its public finances, Oman is set to issue an international bond as well as a sovereign bond next year.