The Department of Energy loan given to the now floundering Fisker was bought out by an investment firm headed by Richard Li.
Tags: Loan
Ukraine's currency plunges as ceasefire fears grow
Ukraine's currency lost nearly 5 percent of its value on Monday after a weekend that saw the heaviest shelling in a month hit the main rebel stronghold in the east and signs that Moscow had dispatched troops and tanks to reinforce separatists.
Ukraine, Russia, EU agree to natural gas supply deal
Ukraine, Russia and the European Union signed a deal on Thursday on the resumption of Russian natural gas supplies to Ukraine for winter after several months of delay during the conflict in Ukraine.
Yemen will destabilise economy if it delays reforms - IMF
Yemen will destabilise its economy if it delays reforms such as cuts to energy subsidies, the International Monetary Fund said in a report released after the government rolled back some fuel price rises in the face of political unrest.
Deutsche Bank loan issue overshadowed by new agreements
Deutsche Bank AG said that new rules would not foster business but in the past week alone it had agreed on a couple of business related loans.
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Serbia's committee for economic cooperation would be travelling to the UAE to discuss a loan agreement.
The Tourism Development & Investment Co was reportedly talking with various banks for a USD 1 billion loan facility to replace its existing debt, according to bankers interviewed by Bloomberg.
After its review under the Global Financial Stability Report study, Italy, Spain and Portugal stand to be financially distressed because of their exposure to possible loan defaults from corporations.
Masdar Energy UK was granted a GBP 266 million loan from various lenders to fund its share of the cost of developing the largest wind farm in the world.
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.
The Irish NAFA had prepared the way to sell off shares. The National Asset Management Agency of Ireland is in the process of preparing the sale of EUR300 million or USD408 million worth of Irish real estate loans.
Deutsche Post raised a EUR 2 billion through a revolving credit facility. Deutsche Post obtained a EUR 2 billion or USD 2. 7 billion loan as interest rates fell in Germany.
The Asian Development Bank had allotted two loans for renewable energy and utilities projects in both eastern and western India.
Avianca Holdings SA Chairman German Efremovich had offered shares of his company to back up loans made for the airline's expansion.
