The interest rates and maturities of standing loans to back up the Verizon buyout of Vodafone was determined.
Tags: Loans
Caesar's Entertainment refinancing debt and restructuring loans
Caesar's Entertainment has planned to raise nearly five billion to refinance its overall debt. The largest casino owner in the United States, Caesars Entertainment Corp, raised a total of USD4.
India Infoline Finance planning to expand its network
The network branches of India Infoline Finance had been set to expand its clientele and service offerings.
Melody Capital Partners eats risk for breakfast
As risk is shunned by regular banks, Melody Capital Partners takes on risk to expand its business. After the announcement by UBS AG of its closure of its fixed-income trading business last OCtober, three executives of the bank had opened up shop to trade in areas where bigger banks have since refused to tread.
Royal Mail gets GBP1.4 billion ahead of IPO
Britain's Royal Mail had received GBP1.4 billion in credit facilities according to a Sky News Report on Tuesday.
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Instead of raising funds through the Dim Sum bond market, foreign companies in China opt for cross currency swaps to raise funds for operations.
Wal-Mart, together with other North American companies, banded together to create the Alliance for Bangladesh Worker Safety.
Standard and Poor's (S&P) had concluded that Playboy Enterprises Inc would likely be under pressure from its USD185 million loan-covenant to reduce its loans and increase its earnings.
The central bank of Brazil had created an intervention plan of USD60 billion in loans and foreign currency swaps as inflation threatened the country's economy following the plunged of the real to a four year low this week.
A state think-tank said Chinese banks have reduced loans on property developments in smaller cities because of the glut in unsold homes there.
Recent Ukrainian court practice was deemed to affect commercial transactions. Recent practices of courts in Ukraine were deemed to negatively affect commercial banking transactions.
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.
Greece announced satisfaction with the decision of the euro zone which granted the country Eur6.8 billion to redeem bonds in August.
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.
