Latest Unsecured Loans news:

Lyondell Chemical to Raise $6.05 Billion to Pay Debt (Update1)
March 12 (Bloomberg) -- Lyondell Chemical Co. plans to raise $6.05 billion in bonds, loans and equity to repay debt after it emerges from bankruptcy protection.
Read more News Source - Bloomberg
Publish date - 08:07:39 03/12/10

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Avis pushes back debt maturities, repays loans
Rental car company Avis Budget Group Inc. said Wednesday that it has reached an agreement with its lenders to move back the maturity date of certain debt to improve its financial standing.
Read more News Source - AP via Yahoo! Finance
Publish date - 10:49:51 03/12/10

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PREIT lands renewal of its credit line
Pennsylvania Real Estate Investment Trust, which plunged into debt to renovate Cherry Hill, Plymouth Meeting, and other local shopping malls, yesterday sealed a deal on $670 million in new loans. Its old loans were about to expire, and PREIT needed a re-up. Less-fortunate companies that failed to do that have gone belly-up in this recession.
Read more News Source - The Philadelphia Inquirer
Publish date - 10:32:08 03/12/10

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Mountain base property is on the auction block
ASPEN - Alpine Bank has retained a New York-based firm to sell a $22.5 million promissory note held by a development company that seeks to build a hotel at the base of Aspen Mountain. Mission Capital Advisors LLC is a national boutique financial advisory firm that specializes in structuring the sale of commercial mortgage loans. The company is taking bids on the note that secures 2.4 acres on ...
Read more News Source - The Aspen Times
Publish date - 09:14:29 03/12/10

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Search News Media: Payday Loans Go Mainstream As Trust in Banks Diminishes
LONDON, United Kingdom----Leading payday loans broker Paydaybank.co.uk has today reported a 25% rise in loan applications via its website www.paydaybank.co.uk in the three months since the Supreme Court ruling found in favour of the banks in the OFT case regarding overdraft bank charges.
Read more News Source - Business Wire via Yahoo! Finance
Publish date - 14:56:54 03/09/10

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Pennsylvania Real Estate Investment Trust Closes $670 Million Secured Credit Facility Agreement
PHILADELPHIA----Pennsylvania Real Estate Investment Trust today announced that it has closed on a secured credit facility with $520 million of term loans and a $150 million revolving line of credit with its bank group, led by Wells Fargo Bank.
Read more News Source - Business Wire via Yahoo! Finance
Publish date - 21:59:18 03/11/10

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AIG's ILFC unit selling new term loans
American International Group’s big aircraft-leasing unit took a small first step toward funding itself independently.
Read more News Source - Market Watch
Publish date - 00:15:42 03/10/10

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Lyondell Reorganization Terms Approved Over Objections on Value
March 12 (Bloomberg) -- Lyondell Chemical Co. can reorganize based on a company value of $15.2 billion after a judge overruled objections that questioned whether the amount was artificially low.
Read more News Source - Bloomberg
Publish date - 07:02:48 03/12/10

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Topping-up on your home loan? There's a catch
If you are a home loan customer, top-up loans are for you in case you have additional requirement of loan for extension, renovation, etc. But is there a catch?
Read more News Source - rediff.com
Publish date - 19:21:43 03/11/10

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(AFX UK Focus) 2010-03-11 10:32 Euribor 3-month lending rate sinks to new low
FRANKFURT, March 11 (Reuters) - The three-month Euribor rate hit the latest in a long line of record lows on Thursday as the glut of cash pushed into markets by the European Central Bank kept downward pressure on bank-to-bank lending rates. The three-month rate, traditionally the main gauge of interbank euro lending and a mix of interest rate expectations and banks' appetite for unsecured ...
Read more News Source - Interactive Investor
Publish date - 14:48:28 03/11/10

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Lyondell Chemical to Pursue $3.25 Billion of Debt Financing
March 12 (Bloomberg) -- Lyondell Chemical Co. plans to borrow $3.25 billion to repay some existing debt after it emerges from bankruptcy protection.
Read more News Source - Bloomberg
Publish date - 06:37:31 03/12/10

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Payday loans essential for some
Without a doubt, tough economic times are affecting us all. Businesses are cutting back until the economy recovers, often causing reduced paychecks for employees and even layoffs. Families caught up in these necessary but regrettable situations have had to reduce their budgets and even dip into savings to weather the storm. We all worry about how long the "downturn" will last as we anxiously ...
Read more News Source - Greeley Tribune
Publish date - 08:15:15 03/10/10

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Blackie's operators charged in scam
Father and son who ran Boston Blackies ripped off banks for $1.9 million, prosecutors say A father and son who operated the Boston Blackie's burger restaurants have been charged with ripping off nearly $1.9 million from two banks in a check-cashing scheme, and authorities said they arrested the father on the U.S. border as he was trying to enter Canada.
Read more News Source - Chicago Tribune
Publish date - 05:26:47 03/12/10

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Car-title lenders quietly regulate themselves; bill’s fate is up to governor
Restrictions on car-title lenders that limit costs for borrowers but preserve high interest rates are headed to Gov. Bob McDonnell, capping an under-the-radar campaign by lenders built on big-dollar donations and low-key schmoozing of lawmakers. A clampdown largely crafted by the industry, but nonetheless welcomed by consumer advocates as an improvement, won final approval yesterday in the ...
Read more News Source - Richmond Times-Dispatch
Publish date - 05:34:10 03/12/10

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Receivers appointed to Strategic Finance
Strategic Finance Ltd is in the hands of receivers, against the wishes of its board, which regards the move as destructive.
Read more News Source - 3news
Publish date - 07:11:28 03/12/10

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