Oxford Finance gives Continuum Healthcare debt financing amounting to US $11.5 million consisting of revolving credit line worth US $1.5 million and senior secured term loan amounting to US $10 million.
Tags: Debt
MMX sells off shares in port to Trafigura and Mubadala
Eike Batista's MMX sold off its debt and partial stake to commodities trader Trafigura Beheer BV and sovereign wealth fund Mubadala Development Crop for the Sudeste port.
OSX Brazil SA to undergo restructuring
Eike Batista's OSX Brasil SA engaged the services of Bingham McCutchen LLP for its restructuring efforts.
VPG's debt sale results in new management
The Vehicle Production Group is under new management as AM General purchased the DOE denominated debt.
Detroit court judge overrules charges against governor, emergency manager
Bankruptcy court judge suspends charges made by employees and pension holders to bring focus of the case back into Detroit courtroom.
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ECWA mergers to pay debt caused WNY water bills increase. Mergers with Erie County Water Authority (ECWA) were mostly done to pay off debt. These debts were mostly caused by the localities' mismanagement.
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.
The US investors for the buyout of Gardner Denver's investors would be meeting in London and New York.
Berkshire Hathaway's Solar Star Fund LLC unit MidAmerican to issue debt instruments to finance construction of new projects.
The PIMCO Total Return Fund lowered its holdings of US Treasuries and mortgage debt in February as shown in the fund's website on Monday.
Polkomtel was able to arrange for new financing in order to reduce overall debt burden. (Photo : Reuters)The image is the corporate logo of PKO Bank Polski SA.
Punch Tavern's bondholders rejected the latest proposal for debt restructuring. (Photo : Reuters)The image is a pub goer enjoying a pint. United Kingdom pub operator Punch Taverns Plc had earlier proposed a restructuring plan for its GBP2.
Alpheus Communications closes a loan facility totalling US$135 million. (Photo : Reuters)The image is the corporate logo of Alpheus Communications. The Bank Street Group was the joint lead arranger for senior secured financing worth US$135 million.
Marchionne discounts speculation that Fiat would accumulate more debts when it purchases the Chrysler stake of VEBA.
