The Thales Group announced that they are set to ink the deal with Malaysia's Keretapi Tanah Melayu Bhd (KTMB) tagged at RM380 million.
Mezzanine Debt
UC Funding grants USD 9.94 million acquisition bridge loan to VA developers
UC Funding granted a USD 9.94 million bridge loan to real estate developers in Norfolk, VA. Capital solutions provider UC Funding structured the funding of a bridge loan to real estate developers in Norfolk, Virginia worth USD 9.
IBM issues US$2.15 billion worth of bonds
IBM issued US$2.15 billion worth of bonds with two ten-year offerings. The biggest computer services provider, International Business Machine Corp. , was able to raise US$2.
Greece receives additional EUR1.7 billion funding from IMF
The IMF releases additional funding as part of Greece's bailout program. The International Monetary Fund announced that they approved for additional funding for Greece's bailout program.
Leading helicopter leasing company secures new US $300 mln loan
Milestone Aviation secures a US $300 million loan facility from Lloyds, Barclays and Lombard. Milestone Aviation Group said that it reached an agreement with three banks for US $300 million in loan facility.
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India's Lanco Infratech Inc said that they are currently in discussion regarding the restructuring of the company's debt.
Development Bank of Kazakhstan announced plans to raise US$1 billion by selling off bad loans. The Development Bank of Kazakhstan JSC announced that they plan to sell KZT151 billion or US$1 billion worth of bad loans to the Investment Fund of Kazakhstan.
Activision Blizzard along with a group led by its CEO, announced that they are set to buy back Vivendi's controlling stake in the company for US$8.17 billion
PNC Financial Services Group gave Emerge Energy Services a US $150 million loan facility, which will be used to refinance its debt and to cover general corporate purposes.
Emaar Properties, Dubai's biggest developer, requests for an adjustment of their loan terms following the S&P's positive evaluation.
Hibu Plc surrenders control of the company in exchange for a GBP 800 million debt writedown. Hibu Plc agreed to a debt writedown valued at GBP 800 million (US$1.
Crossroads Systems Inc. gets US $10 million credit from Fortress Investment Group. An affiliate of Fortress Investment Group agreed to extend a US$10 million credit to Crossroads Systems Inc.
Kuwait's Global Investment House proudly announced the completion of their restructuring plan tagged at US$1.7 billion.
Billabong has secured a $294 million proprietary loan to boost their working capital. Surfwear and extreme sports clothing maker Billabong International Limited has secured a $294 million proprietary loan to boost their working capital and refinance an existing loan.
