Golden Queen Mining Co. Ltd. (TSX:GQM) (OTCQX:GQMNF) (the "Company") is pleased to announce that it has entered into an agreement to secure a US$10,000,000 loan (the "Loan"). The proceeds of the Loan will be applied to the ongoing ...
Pakistan-based Azgard Nine Ltd (ANL), one of the largest denim products company by sales in Pakistan, continues to be in the grip of liquidity crisis as there is strong resistance to fresh working capital loans from the lenders, who have ...
Tags: Azgard Nine, Liquidity Crisis
Companies trying to cash in on the newfangled bitcoin craze are having trouble getting old-fashioned bank accounts, The Wall Street Jounal reported. Lenders are leery of dealing with virtual-currency companies because of concerns that the ...
Taiwan's first yuan debt offerings by four big mainland banks have been snapped up, opening the floodgates for up to 60 billion yuan (HK$76.5 billion) of fundraising as Beijing looks to strengthen the island's role in the drive to ...
Tags: Taiwan, RMB, Offshore Yuan Market
NET Midstream ("NET" or the "Company") today announced that its affiliate, NET Mexico Pipeline Partners, LLC. ("NET Mexico"), has closed a $665 MM Project Financing with a syndicate of lenders, led by the Mitsubishi UFJ Financial Group ...
Tags: Metallurgy, Mineral, Energy
Fifth & Pacific Companies, Inc. announced that it has entered into a definitive agreement to sell Lucky Brand Jeans to an affiliate of Leonard Green & Partners, L.P. (LGP) for total consideration of $225 million, with $140 million of the ...
Tags: Fifth&Pacific, Lucky Jeans
Parallel Energy Trust (TSX:PLT.UN)(TSX:PLT.DB) ("Parallel" or the "Trust") today announced its capital expenditure plans, and production and cash flow guidance for 2014.Based on the midpoint of the Trust's 2014 production guidance, Parallel ...
Tags: Metallurgy, Mineral, Energy
LGO today announces that plans to drill the first new wells at the Goudron Field have progressed and the Company is working with the authorities to complete all final approvals. Each of the initial two wells is planned to a total depth of ...
Tags: Metallurgy, Mineral, Energy
GateHouse Media Inc. and certain of its subsidiaries have emerged from prepackaged chapter 11 bankruptcy proceedings in the United States Bankruptcy Court for the District of Delaware with a substantially de-levered balance sheet, the ...
When a Chinese engineering firm sets off to build a road or a dam in a distant country, a Chinese bank is usually not far behind them. Bank branches bearing Chinese characters can be found on the streets of Lima and Warsaw, as well as Paris ...
The US Consumer Financial Protection Bureau (CFPB) has imposed a monetary penalty of $100,000 on Republic Mortgage Insurance Corporation (RMIC) for allegedly paying illegal kickbacks to mortgage lenders in exchange for business. In a ...
Tags: Insurance, Kickbacks Practices
Conventional third party controls are no longer sufficient to cover the ever-expanding attack surface presented by web and mobile applications developed by service vendors and/or commercial software providers. The current third party ...
Tags: Computer Products, software
Ironshore International announced that its Pembroke Managing Agency Limited (“Pembroke”) is offering insurance coverage for lenders engaged in the financing of satellite projects. The product provides insurance coverage for ...
Tags: Satellite Financing, Insurance
US-based Inventure Foods has acquired all of the assets of Fresh Frozen Foods, a branded frozen vegetable processor, for about $38.4m. Based in Jefferson, Georgia, Fresh Frozen is a processor and supplier of over 60 varieties of frozen ...
Tags: Inventure Foods, Frozen Foods
Foundering BlackBerry has given up for now on finding a buyer. Instead the smartphone company is seeking an infusion of cash from some investors, and shaking up its board and executive leadership. The company will also be getting a new ...
Tags: Computer Products, Blackberry