Pacific Sunwear of California, Inc. entered into a restructuring support agreement (RSA) with affiliates of Golden Gate Capital, the holder of its secured term loan provider under the company's financing facilities. In conjunction with the ...
Tags: Pacific Sunwear, RSA, Golden Gate Capital, Bankruptcy
Pending home sales rose sharply in May, with lower mortgage rates and increased inventory accelerating the market, according to the National Association of Realtors (NAR). All four regions of the country saw increases in pending sales, with ...
Tags: Construction, Decoration
Metals USA, Inc a wholly owned subsidiary of Metals USA Holdings Corp announced that it has entered into a new seven year senior secured term loan in the amount of USD 225 million and has redeemed all USD 226.3 million of its outstanding 11 ...
Tags: Metals, loan debt, Senior Secured Notes
SunCoke Energy Inc announced plans to form a master limited partnership, SunCoke Energy Partners LP, which will have an ownership interest in certain of its coke-making facilities. We estimate that consolidated credit metrics will remain ...
Tags: SunCoke Energy, coke, coke making facility
Europe is failing to capitalise on its academic heritage,warns Fred Dart,CEO,FTDI As an engineer by trade,it worries me immensely that the UK and many other EU member states are not doing anywhere near enough to get school leavers to take ...
Tags: Europe, academic heritage, economy, engineers