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Latest Unsecured Loan news:

TGI secures a syndicated loan from seven banks
JAKARTA: HSBC leads a consortium of seven banks to provide a syndicated loan of US$250 million to PT Transportasi Gas Indonesia (TGI). TGI positions itself as the first company to serve gas distribution through pipes to domestic and international markets.
Read more News Source - Bisnis Indonesia
Publish date - 00:44:41 09/01/10

We are targetting retail portfolio for 50:50 ratio of secured & unsecured loans in 5 yrs
Barclays, which notched up losses in its unsecured loan portfolio in India during the downturn, and was forced to...
Read more News Source - Express India
Publish date - 21:28:52 08/30/10

8th District race: Herron blasts Fincher loan
A spokesman for Roy Herron's 8th District congressional campaign continued to raise questions on Tuesday about his opponent's finances, asking what collateral was used for the $250,000 bank loan Stephen Fincher took out in order to loan money to his campaign in the final days of the heated primary race.
Read more News Source - The Jackson Sun
Publish date - 12:54:07 09/01/10

Liberty Property Trust Closes $500 Million Unsecured Line Facility
Liberty Property Trust announced today that it has closed a new $500 million unsecured revolving credit facility replacing its previous $600 million credit facility due January 2011. Â The new facility matures November 1, 2013, and contains an accordion feature which allows Liberty to increase its credit facility amount up to $750 million.
Read more News Source - PR Newswire via Yahoo! Finance
Publish date - 21:29:05 08/31/10

Titan Plans Debt as High-Yield Bond Sales Poised to Rise: New Issue Alert
Titan International Inc. , the maker of tires and wheels for off-highway vehicles, plans to sell debt as sales of high-yield, high-risk company bonds may be poised to surge.
Read more News Source - Bloomberg
Publish date - 09:14:51 09/02/10

Colonial, Texas Rangers, Mexicana, Ronson, Cozumel: Bankruptcy
Bank holding company Colonial BancGroup Inc. won a major victory over the Federal Deposit Insurance Corp. when the bankruptcy judge in Montgomery, Alabama, ruled on Aug. 31 that Colonial hadn’t made an enforceable agreement to make up a $1 billion capital deficiency at the bank unit.
Read more News Source - Bloomberg
Publish date - 04:24:54 09/02/10

Mediator picked for Tribune Co. bankruptcy
Compromise sought to move stalemated case forward After nearly 21 months of negotiations and little hope of a settlement, the judge in Tribune Co.'s stalemated bankruptcy case appointed a mediator Wednesday, hoping an independent third party can finally broker peace among the Chicago-based media company and its creditors.
Read more News Source - Chicago Tribune
Publish date - 03:47:45 09/02/10

Landbank sees 2010 income growing by 19% to P8B
The Land Bank of the Philippines (Landbank) said it is confident that its net income will go up by as much as 19 percent this year, president and CEO Gilda Pico said.
Read more News Source - Malaya
Publish date - 14:11:24 09/02/10

Couche-Tard Raises Offer for Casey’s to $2 Billion
Alimentation Couche-Tard , the Canadian convenience store operator, on Wednesday raised its bid for Casey’s General Stores to $2 billion, after its previous tender offer failed to garner much support.
Read more News Source - New York Times
Publish date - 12:12:58 09/01/10

Fitch Downgrades Universal Health Services' IDR to 'BB-'; Outlook Stable
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has taken the following ratings actions on Universal Health Services, Inc. (UHS): --Issuer Default Rating (IDR) downgraded to 'BB-' from 'BB'; --Senior unsecured bank credit facility downgraded to 'BB-' from 'BB'; --Senior unsecured notes downgraded to 'BB-' from 'BB'; --Senior secured bank credit facility affirmed at 'BB'; --Senior secured notes rating ...
Read more News Source - Business Wire
Publish date - 15:01:42 09/01/10

Madigan Family Benefits From Payday Loan Bill
Representative Michael J. Madigan In the spring, payday loan reform passed the Illinois legislature , capping high interest rates for consumers and expanding a tracking system to keep tabs on lenders. While the measures certainly benefited borrowers of high interest loans, the Sun Times reports that the Madigan family benefited from the loan as well. Lobbyist Jordan Matyas, son-in-law to House ...
Read more News Source - Chicagoist
Publish date - 18:51:31 08/30/10

Capmark Said to Settle With Lenders Owed $1.5 Billion in Bankruptcy Case
Capmark Financial Group Inc., the lender taken over by a group including KKR & Co. and Goldman Sachs Group Inc. , reached a settlement with senior lenders that may avoid litigation over a $1.5 billion loan, three people familiar with the accord said.
Read more News Source - Bloomberg
Publish date - 20:09:43 08/31/10

North Dakota bank removes roadblock in Hecker bankruptcy
A North Dakota bank has agreed to drop its claims on some of Denny Hecker's largest assets, freeing up at least $3 million for other creditors and unraveling a complex legal knot.
Read more News Source - Pioneer Press
Publish date - 05:05:10 09/02/10

Minor filing: Halsey files bankruptcy for Landmark hotel
Halsey Minor, left, has been sparring with developer Lee Danielson. FILE PHOTOS BY HAWES SPENCER AND JAY KUHLMANN The company owned by bi-coastal Internet millionaire Halsey Minor to develop the stalled Landmark hotel on the Downtown Mall declared Chapter 11 bankruptcy Wednesday in the federal bankruptcy court in Lynchburg. Court filings indicate that Minor has directed the Roanoke-based law ...
Read more News Source - The Hook
Publish date - 15:32:05 09/02/10

Tronox, Tribune, Circuit City, Visteon, Lehman: Bankruptcy
The official shareholders’ committee for Tronox Inc. will submit a competing reorganization plan today or tomorrow, according to an agreement filed in bankruptcy court on Aug. 30 by the world’s third-largest producer of the white pigment titanium dioxide.
Read more News Source - Bloomberg
Publish date - 12:39:52 09/01/10

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