Tags: Credit facility

Square 1 Bank provides $4.5M loan to Chicago-based Sittercity

A USD 4.5 million credit facility was granted to Chicago-based online provider for in-home care Sittercity by Square 1 Bank, a bank that exclusively caters to the needs of entrepreneurs and the venture capital community.


Monroe Capital provides credit facility for acquisition of Escort Inc by Monomoy Capital Partners

Monomoy Capital Partners would acquire Escort Inc through the credit assistance of Monroe Capital. A funding worth USD78. 5 million senior secured credit facility was put in place by Monroe Capital to support the acquisition of Escort Inc.

Vitol SA's debt rates same as Glencore negotiated rates

Vitol SA obtains favorable LIbOR for its one year and three year credit lines. The world's largest independent oil trader, Vitol SA, would be raising USD7 billion worth of loans at the same rate pegged for its nearest competitor, Glencore Xstrata Plc.

Siemens secures credit facility worth USD3 billion

Siemens announced on Wednesday it had obtained a new USD3 billion credit facility to replace a previous one that had expired last August of this year.


Latest News

American Capital, Ltd. announced that it had launched a refinancing plan of its US$600 million senior secured credit facility.
City Loan, a Larsen MacColl’s portfolio company, secures a loan facility worth US $30 million from Comvest Partners.
Boulder Brands secures a US $330 million credit facility that will refinance its existing secured credit facility.
Augme Tech gets loan facility from Silicon Valley Bank. Augme Technologies, Inc together with its fully owned subsidiary, Hipcricket, Inc divulged to the public last Friday that it was able to get a credit facility on its accounts receivable from the Silicon Valley Bank.
Goodlife Fitness centers completed US$40 million expansion of a US$125 million subordinated credit facility.
JinkoSolar obtains a RMB360 million loan facility from China Development Bank. The leading private venture solar power products manufacturer, JinkoSolar Holding Co Ltd announced the signing of a RMB360 million or US$58 million loan agreement with China Development Bank.
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