Greek politicians are coming to a head on the issue of home foreclosure auctions. Greece would be lifting its restrictions on the implementation of home foreclosures in order to give banks the leeway to recover its bad loans.
Mezzanine Debt
Brazil Real surges on USD60 billion plan
The central bank of Brazil had created an intervention plan of USD60 billion in loans and foreign currency swaps as inflation threatened the country's economy following the plunged of the real to a four year low this week.
Bank of Sharjah refinances with USD 200 million loan
The Bank of Sharjah said it had signed a loan refinancing facility worth USD 200 million with five lenders.
PBOC says trust loans to be included in its database
China's central bank said it would include all loans issued by trust companies in its database in an effort to curb risky lending.
Chinese banks reduce loans to development projects in smaller cities: economist
A state think-tank said Chinese banks have reduced loans on property developments in smaller cities because of the glut in unsold homes there.
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Praesidian Capital invested in Meheen Manufacturing through a first lien debt worth USD 11.25 million.
Sources said Hilton Worldwide was preparing for a debt refinancing package worth USD 12 billion before its IPO next year.
Salsa Labs scored USD 2 million in venture debt financial from Toronto-based Wellington Financial. Wellington Financial provided venture debt financing to Salsa Labs Inc worth USD 2 million.
Prospect Capital Corp gave a loan valued at USD 80 million to Matrixx Initiatives Inc for its recapitalization.
BMC Software Inc raised US$1.63 billion of dollar denominated debt after boosting the offering by 18%.
NXT Capital announced the granting of a USD 20 million loan to 1-800-Radiator & A/C. NXT Capital announced the granting of a USD 20 million loan to 1-800-Radiator & A/C.
Sources told Reuters that last-minute talks held by German real estate company IVG with creditors could make its debt restructuring deal a possibility.
Investment firm Crescent Capital Group said it raised more than USD 3.4 billion for its sixth fund, Crescent Mezzanine Partners VI.
Data from Private Equity International and Thomson Reuters revealed that private equity companies are now Asia's new bankers.
