The power reforms implemented by Prime Minister Mariano Rajoy would cost utilities approximately Eur2.7 billion.
Mezzanine Debt
Aviva watches out for red flags as US$112 billion worth of bonds matures
Aviva Plc watched out for default red flags as US$112 billion of all the kinds of bonds matures during China's crackdown.
Recent Ukrainian court practice deemed to affect commercial transactions
Recent Ukrainian court practice was deemed to affect commercial transactions. Recent practices of courts in Ukraine were deemed to negatively affect commercial banking transactions.
Cell C gets US $350 million equity, US $222 million loans
The South African mobile operator gets more than US $570 million in equity and loans. South Africa's Cell C announced that it will be given a cash injection amounting to US $350 million from Oger Telecom, its major shareholder.
Salesforce.com loans US$300 million for ExactTarget acquisition
Salesforce.com loaned US$300 million for its ExactTarget acquisition. Salesforce. com loaned US$300 million to pay for its acquisition of ExactTarget. The loan was from the Bank of America.
Latest News
Greece announced satisfaction with the decision of the euro zone which granted the country Eur6.8 billion to redeem bonds in August.
Oracle's bond concession attracted the interest of many investors. A new issue concession of Oracle attracted the attention of many investors last Tuesday.
Shuanghui International's US$4.7 billion bid for Smithfield Foods raised an additional US$5 billion from international banks.
Eskom Holdings SOC Ltd would face US$25 billion funding gap even if it put its bonds on sale. Over the next five years, Eskom Holdings SOC Ltd would face US$25 billion funding gap.
India’s Road Minister Oscar Fernandes said that unless major lands are handed over, financial institutions that would lend for the construction of expressways in the country could possibly shy away.
India’s government held a meeting today with as many as eight banks as it weighed its options to sell the country’s debt abroad.
Silicon Valley Bank requested a loan receiver for Alvarion Ltd over a US$3 million debt that the bank says it cannot pay.
Sinosteel was in talks with Nigerian ministers for about US$6 million worth investment in Nigerian steel mill.
ACE launched ACE elite II public offering of securities insurance. The ACE Group of Companies announced the launch of ACE elite II Public Offering of Securities Insurance (POSI).
