Sydney’s Cross City Tunnel is facing receivership for the second time in seven years. The Tunnel’s owners are required to refinance the project to the tune of $79 million by September 30, however an unpaid stamp duty bill ...
Tags: Cross City Tunnel
China Securities Regulatory Commission (CSRC) Spokesperson announced at a regular news conference on September 6 that CSRC kept unchanged on refinancing of listed real estate companies. CSRC has established a coordination mechanism with ...
Tags: Construction, Service
Nigeria’s Bank of Industry (BoI) has announced that about N56.48 billion of the N100 billion Cotton, Textiles and Garmenting (CTG) Revival Fund allocated by the Federal Government has been distributed till date. This was ...
Tags: Cotton, Textiles, Garmenting
Median home prices continued to rise in the majority of metropolitan areas in the second quarter, with the national year-over-year price showing the strongest gain in seven-and-a-half years, according to the latest quarterly report by the ...
Tags: Construction, Decoration
On 16 July 2013, Billabong International Limited announced that it had entered into agreements with entities advised by Altamont and entities sub-advised by GSO Capital Partners (the credit arm of the Blackstone Group, and together with ...
Tags: Altamont-LED
Clondalkin told PN that it has completed a highly successful seven year refinancing of its debt and is well placed to continue with its progressive development plans. According to the firm, the refinancing is one of the biggest composite ...
B&G Foods has reported a net loss of $1.4m for the second quarter of 2013, compared with a profit of $16.03m for the same period in the previous year due to charges related to debt refinancing and acquisition-related transaction costs. ...
OMNOVA Solutions Inc. announced income from continuing operations of $2.6 million, or $0.06 per diluted share, for the second quarter ending May 31, 2013. Net income for the second quarter was $2.9 million or $0.06 per diluted share. ...
Tags: Omnova Solutions, Q2
The manufacturer, which specialises in fresh prepared foods, announced today (June 13) that it had completed financial negotiations with banks enabling it to pay off some of its debt and extend existing loan agreements. As a result, ...
Tags: Agriculture, Food
New Look announces full year results for the 53 weeks to 30th March 2013.New Look EBITDA jumps 29% driven by successful turnaround and 50% increase in online sales. Financial Highlights - Group Sales +2.5% to £1.48bn Group ...
Tags: Apparel, Look Group
According to report, Swiss authorities have rejected Russian investment group Renova in bid of special steel group Schmolz + Bickenback AG. Renova has submitted a €350 refinancing proposal last month. The Swiss Takeover Board ...
London-based Stemcor, the world's largest independent steel trader, has hired Simon Freakley as chief restructuring officer, within the scope of negotiations with banks on more than $1 billion of debt, according to Bloomberg. Stemcor will ...
Tags: UK, economics, trading, European Union, Istanbul
With vacancy rates modestly falling and rents moderately rising in commercial real estate sectors, market fundamentals have improved, but financing remains a challenge for small business, according to the National Association of Realtors ...
Xerium Technologies, Inc. a leading global provider of industrial consumable products and services, announced that it has refinanced its existing term loan and revolving credit facility with the proceeds of a new term loan arranged by ...
Foresight Group (Foresight), the leading independent alternative asset manager with a strategic focus on private equity, infrastructure and environmental, announces the launch of a £20 million fundraising for Foresight Solar EIS Fund ...