The government of Germany said it was still open to talk with Airbus about its development loan. The German government said it is still willing to discuss the development loan with Airbus.
Mezzanine Debt
Power Finance Corp offers private placement of bonds to raise INR 1.5 billion- termsheet
A termsheet of the Power Finance Corp showed that the Indian firm would conduct a private placement of tax-free bonds in order to raise INR 1.5 billion.
Lufthansa to modify pension plan for employees by year's end
Lufthansa had decided to scrap the current pension plan to a plan that is tied to investment returns of the fund.
Suntech restructures debt through new programs
Suntech Power, the solar energy corporation, announced a plan to convert debt to equity as well as inclusion of a new strategic partner.
Central Bank of Malaysia says no to sukuk issuance proposal for Bank Islam acquisition
The Central Bank of Malaysia said no to the proposal of BIMB Holdings to issue Islamic bonds to fund its purchase of Bank Islam.
Latest News
Wal-Mart, together with other North American companies, banded together to create the Alliance for Bangladesh Worker Safety.
Taiwan-based Advanced Semiconductor Engineering Inc would be selling convertible bonds to raise USD 400 million.
Aircel Ltd announced refinancing its existing debt through a tie up of nearly INR8 billion loans. Aircel Ltd. is a privately held telecom operator. The company had announced seeking nearly INR8 billion in loans with IDFC and Credit Suisse.
Investec would coordinate lending facilities for two power plants to be built in South Africa. Investec Plc would provide financing for GDF Suez as it develops two South African gas power plants.
Standard and Poor's (S&P) had concluded that Playboy Enterprises Inc would likely be under pressure from its USD185 million loan-covenant to reduce its loans and increase its earnings.
The United States would be offering loans again through its Advanced Technology Vehicle Manufacturing loan facility.
Indonesia gathered IDR 12 trillion in its most recent bond offering, beating an initial target of IDR 8 trillion.
IILM Corp's debut sukuk was oversubscribed according to reports. The International Islamic Liquidity Management Corp, which is based out of Malaysia, announced on Monday that it had auctioned USD490 milion in sukuk bonds.
SABB, which is partially owned by HSBC, has been busy preparing for a sukuk bond issue by year's end.
