Tech Finance extended its noteholder tender offer expiry date to July 11, 2013. Technicolor announced that the expiry date of Tech Finance's noteholder tender offer would be extended to July 11, 2013, which was originally set for July 9.
Mezzanine Debt
Fitch affirms Bahrain's ratings
Fitch affirmed Bahrain's credit ratings. The credit rating firm Fitch Ratings has affirmed Bahrain's credit ratings. These ratings were 'BBB' for its long-term foreign currency Issuer Default Rating (IDR) and 'BBB+' local currency IDR.
Nuvo Research and Paladin Labs completes loan arrangement
Nuvo Research and Paladin Labs completed their loan arrangement. Nuvo Research Inc. and Paladin Labs Inc. announced that they have completed their loan agreement.
Chinese banks aggressively lend in early July
Four state owned banks in China aggressively extended Yuan loans that were unusually large causing alarm among regulators who were trying to strangle distorted credit growth.
Boulder Brands gets US $330M new credit facility
Boulder Brands secures a US $330 million credit facility that will refinance its existing secured credit facility.
Latest News
Saudi Arabia funded US$5 billion while UAE offered US$3 billion worth of aid to help Egypt’s struggling economy.
European governments agreed to release aid for Greece worth Eur3 billion as they continued to seek for enough financial calm.
United Arab Emirates would grant Egypt US$3 billion to help the country recover from its devastated economy.
CIT Group Inc served as Lead Arranger in US$42 million worth financing for Garrison Investment Group.
The EIB announced today that it will invest Lithuania's LNG project. The European Investment Bank announced today that it would make investments on Lithuania.
Greece got cash lifeline funded by the euro zone and the International Monetary Fund which spared the country from incurring debt default by August.
Meta Pharmaceutical Services received a US$7.5 million loan from Praesidian Capital. Mezzanine capital provider for small and medium sized firms Praesidian Capital announced today that it steered a US$7.
Greece was expected to receive Eur8.1 billion from Euro-area finance ministers. Euro-area finance ministers were expected to approve Greece's newest disbursement of bailout assistance.
South Korea issued a bond-market aid package. South Korea announced that it would issue a bond-market aid package to increase liquidity in the market. This package was called primary-collateralized bond obligations, according to an emailed statement from the Financial Services Commission (FSC).
