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Secured debt


Strengthened balance sheet and around $900,000 annualized interest savings is expected CLEARWATER, Florida., November 3, 2022 /PRNewswire/ — Upexi Inc. (NASDAQ: UPXI) (the “Company” or “Upexi”)multi-faceted brand owner and aggregation innovator, today announced payment of the outstanding balance of its $15 million senior secured debt facility, its intention to terminate the registration statement covering the …

LA VEGAS, August 18, 2022 /PRNewswire/ — Allegiant Travel Company (NASDAQ:ALGT) today closed its private offering and issued $550.0 million in aggregate principal amount of its 7.250% Senior Secured Notes due 2027 (the “Notes”). Each of the Company’s subsidiaries has guaranteed the Notes except for Dustland, LLC, Sunseeker Resorts, Inc. and its subsidiaries and certain …

Subscribe Be the first with news that moves the market Dateline Resources (DTR) receives firm commitments to raise $6.25 million via equity placement The money will be raised by issuing 62.5 million new shares to knowledgeable and professional investors at a price of 10 cents each In addition, over 15.62 million unlisted options will be …

Subscribe Be the first with news that moves the market Horseshoe Metals (HOR) receives results from the initial reverse circulation (RC) drilling program at its Horseshoe Lights copper-gold project in WA In May, the company completed phase two of RC drilling with 70 holes drilled to confirm the existence and style of mineralization and infill …

Subscribe Be the first with news that moves the market Baby Bunting (BBN) exceeds half a billion dollars in sales for the first time The baby goods retailer reported sales of $507.3 million for fiscal 22, of which 22.2% came from online sales. Amid nationwide shutdowns in the first half, consumers made more purchases online, …

Subscribe Be the first with news that moves the market Greenvale Mining (GRV) announces positive test results of its preferred liquefaction process for the Alpha torbanite project in Queensland The company says tests have revealed that the project’s torbanite and cinnamon coal samples can be liquefied for bitumen production. Greenvale chief executive Mark Turner says …

WHITE PLAINS, NY–(BUSINESS WIRE)–OPAL Fuels Inc. (Nasdaq: OPAL), a vertically integrated producer and marketer of renewable natural gas (RNG), today announced the closing of a five-year, $105 million senior secured credit facility. The facility provides construction financing for designated OPAL Fuels projects after reaching certain milestones. The syndicate of lenders is made up of Investec, …

About $4.9 billion in affected debt New York, August 04, 2022 — Moody’s Investors Service (Moody’s) has affirmed the B3 Corporate Family Rating and the B3-PD Probability of Default rating of SRS Distribution Inc. (SRS). Moody’s downgraded the ratings of SRS’ existing senior secured term loans and notes due 2028, which are pari passu, from …

About $4.9 billion in affected debt New York, August 04, 2022 — Moody’s Investors Service (Moody’s) has affirmed the B3 Corporate Family Rating and the B3-PD Probability of Default rating of SRS Distribution Inc. (SRS). Moody’s downgraded the ratings of SRS’ existing senior secured term loans and notes due 2028, which are pari passu, from …

LFTD Partners Inc. LIFD prepaid the remaining $916,668 of the principal of its note payable relating to the purchase of its subsidiary Survey done, Kenosha, WI, using free cash flow generated from Lifted Made operations. The full payment, which follows LFTD Partners’ prior prepayments of secured debt totaling $2.83 million over the past eight months, …

By Jason Cohen, Mark Dendinger and Jonathan Lozano (July 19, 2022, 5:18 p.m. EDT) – Following a July 6 memorandum notice from the U.S. Bankruptcy Court for the District of Delaware, lenders and noteholders risk the subordination of their liens in the absence of an explicit clause prohibiting such subordination in their respective debt securities. …

VANCOUVER, BC, June 30, 2022 /CNW/ – BuildDirect.com Technologies Inc.. (TSXV: BILD) (“BuildDirect” Where “Company“), announces the closing of a secured debt financing under which it issued, through its wholly owned subsidiary BuildDirect Operations Limited (“BuildDirect Operations“), notes secured to Pelecanus Investments Ltd. (“pelecan“), Lyra Growth Partners Inc. (“Lyre“) and Beedie Investments Ltd. (“Beedie“and, with …

NEW YORK, June 9, 2022 /PRNewswire/ — Coinstreet – an award-winning professional advisory and consultancy firm for digital assets; Storm Harbor Hong Kong (“Stormport“) – a Hong Kong SFC licensed firm and member of a global investment advisory group; and Securitize – a leading solutions provider and SEC-registered transfer agent, broker and alternative trading system, …

RGC is issued by Success Plus Global Limited (“Transmitter“), whose wholly-owned subsidiary is the contractor and operator of the Kongnan Block oilfields with a combined total area of ​​31.29 km2 in PRC (“Project“), which has proven and probable reserves of approximately 3.1 million barrels (MMbbl) and 4.7 MMbbl respectively at December 31, 2021. For the …

LFTD Partners Inc. LIFD is the parent company of Survey donemanufacturer and seller of hemp-derived cannabinoid products. LFTD also owns 4.99% of CBD beverage and product maker Ablis Holding Company and craft distillers Bendistillery Inc. and Bend Spirits, Inc. Chairman and CEO of LFTD Gerard Jacobswith the co-president and COO Nicholas Warrender and President and …

New York, May 26, 2022 — Moody’s Investors Service (“Moody’s”) has downgraded the Corporate Family (“CFR”) rating of Dayco Products, LLC (“Dayco”) to Caa2 from B3, its rating of probability of default at Caa2-PD of B3-PD and the senior secured term loan rating at Caa2 of B3. At the same time, Moody’s withdrew the B3 …

GSP Secures engagement for Senior Ssecure Ddebt May 242022, Oslo, Norway: Reference is made to the announcement published on May 4, 2022 regarding the private placement and subsequent offering. The private placement is, among other things, subject to the Company obtaining commitments satisfactory to the Company for approximately $50 million of new senior secured debt …

SmileDirectClub, LLC Increases liquidity and provides greater flexibility to drive activity and support key growth initiatives NASHVILLE, Tenn., April 28, 2022 (GLOBE NEWSWIRE) — SmileDirectClubInc. (Nasdaq: SDC), the next-generation oral care company with the first medical technology platform for straightening teeth, today announced that SDC US SmilePay SPV (“SPV”), a wholly owned subsidiary of the …

NASHVILLE, Tenn., April 28, 2022 (GLOBE NEWSWIRE) — SmileDirectClub, Inc. (Nasdaq: SDC), the next-generation oral care company with the first medical technology platform for straightening teeth, announced today tday that SDC US SmilePay SPV (“SPV”), a wholly owned special purpose subsidiary of the Company, entered into a new $255 million secured credit facility, strengthening the …

The repayment eliminates the total debt of $39.1 million Early repayment entails: Total interest savings of C$9.1 million Immediate termination of the loan agreement and release of security interests in all its secured assets, including intellectual property Immediate Termination of Royalty Stream Agreement with Structured Alpha LP Immediate cancellation of all Warrants issued under the …

VANCOUVER, BC, February 15, 2022 /PRNewswire/ – BuildDirect.com Technologies Inc.. (TSXV: BILD) (“BuildDirect” Where “Company“), announces the closing of a secured debt financing pursuant to which it has issued, through its wholly owned subsidiary BuildDirect Operations Limited, secured notes to Pelecanus Investments Ltd. (“pelecan“), Lyra Growth Partners Inc. (“Lyre“) and Beedie Investments Ltd. (“Beedie Capital“) …

[ad_1] BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNile”Or the“Society”) Announced today that it has sold $ 58.4 million in original issue discount 10% promissory notes (the“ ”Remarks”) To sophisticated investors for $ 52.2 million (the”Funding”). The notes are due and payable on March 31, 2022, bear interest at the rate of …

LAS VEGAS–(BUSINESS WIRE)–BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding (“BitNile“or the”Society”) announced today that it has sold $58.4 million of promissory notes at a nominal principal amount of 10% original issue discount (the “Remarks“) to sophisticated investors for $52.2 million (the “Funding”). The notes mature on March 31, 2022, bear interest at the …

[ad_1] Fire & Flower Holdings Corp. (“Fire flower“or the”Society“) (TSX: FAF) (OTCQX: FFLWF) announced today that it has entered into a loan agreement (the”Agreement“) with 2707031 Ontario Inc., an indirect wholly owned subsidiary of Alimentation Couche-Tard Inc. (collectively,”ACT“), under which ACT will lend to the Company a maximum total amount of $ 30,000,000 which can …

[ad_1] Funding Demonstrates Additional Alignment with Strategic Partner and Enables Execution of Consumer Digital Platform / NOT FOR DISTRIBUTION IN THE UNITED STATES OR FOR DISTRIBUTION IN UNITED STATES WIRE SERVICES / TORONTO, December 13, 2021 / CNW / – Fire & Flower Holdings Corp. (“Fire flower“or the”Society“) (TSX: FAF) (OTCQX: FFLWF) announced today that …

[ad_1] Gage Growth Corp. (“Gauge“or the”Society“) (CSE: GAGE) (OTCQX: GAEGF), a leading brand and operator of high quality premium cannabis in Michigan, today announced that it has entered into a senior secured term loan (the “”Term loan“) for the total gross proceeds of $ 55 million (the “Offer“). Gage intends to use the proceeds (i) …

[ad_1] Provides maximum flexibility to run on Gage’s growth strategy, Including Short term Retail acquisition Opportunities DETROIT, and TORONTO, 22 November 2021 / PRNewswire / – Gage Growth Corp. (“Gauge“or the”Society“) (CSE: GAGE) (OTCQX: GAEGF), a leading premium cannabis brand and operator in Michigan, today announced that it has entered into a senior secured term …

Provides maximum flexibility to run on Gage’s growth strategy, Including Short term Retail Acquiring Opportunities DETROIT, and TORONTO, November 22, 2021 /CNW/ – Gage Growth Corp. (“Gauge“or the”Society“) (CSE: GAGE) (OTCQX: GAEGF), a leading high-quality, premium cannabis brand and operator in Michigan, today announced that it has entered into a senior secured term loan (the …

Provides maximum flexibility to run on Gage’s growth strategy, Including Short term Retail Acquiring Opportunities DETROIT, and TORONTO, November 22, 2021 /PRNewswire/ – Gage Growth Corp. (“Gauge“or the”Society“) (CSE: GAGE) (OTCQX: GAEGF), a leading high-quality premium cannabis brand and operator in Michigan, today announced that it has entered into a senior secured term loan (the …

[ad_1] Dish Network announced that it is raising approximately $ 4 billion to pay for the company’s spectrum and general expenses through a senior ticket offering to institutional investors. The offer is facilitated in the form of a business-to-business loan with Dish DBS Corporation. Dish stated that the loan will be secured by the cash …

[ad_1] ENGLEWOOD, Col., November 8, 2021 / PRNewswire / – DISH Network Corporation (“DISH Network”) (NASDAQ: DISH) today announced that its subsidiary, DISH DBS Corporation (“DISH DBS”), plans to offer, subject to market conditions and others, approximately $ 4 billion aggregate principal amount of its Senior Secured Notes. The net proceeds of the offering are …

[ad_1] NEW YORK, September 14, 2021 / PRNewswire / – Backcast Partners Management, LLC (“Backcast”), a provider of capital to private equity and non-private mid-market companies, is pleased to announce its most recent investment supporting the acquisition by Turnspire Capital Partners (“Turnspire”) of the Daniel Measurement and Control (“Daniel” or the “Company”) business of Emerson …

[ad_1] Ascend Wellness Holdings, Inc. (CSE: AAWH.U) announced today that it recently completed a US $ 210 million financing offering senior secured term loans bearing 9.5% annual interest. The placement was managed by Seaport Global Securities as lead manager. Under the terms of the loan, interest will be payable quarterly in arrears. The debt is …

[ad_1] TAG is a renowned United States-based commercial and industrial refrigeration services company serving grocery and retail customers across North America.. Frémont, California: Backcast Partners Management, LLC (“Backcast”), a provider of debt and equity capital to private equity and non-private private equity firms, recently reported a follow-up investment supporting the acquisition from a Canadian leader …

[ad_1] Magna Gold (TSXV: MGR) closed its previously announced financing. The company managed to raise gross proceeds of $ 10.0 million through a long round of fundraising that the company launched in May 2021 with Delbrook Capital Advisors. Originally advertised as a “founding and strategic shareholder financing” of the company, in May, when the financing …

[ad_1] / NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAWS / Avicanna Inc. (the “Company” or “Avicanna”) (TSX: AVCN) is pleased to announce the closing of the previously announced secured term financing …

[ad_1] Rating Action: Moody’s upgrades AECOM’s secured debt rating to Baa3; affirms all other ratingsGlobal Credit Research – 05 Feb 2021New York, February 05, 2021 — Moody’s Investors Service (“Moody’s”) upgraded the rating on AECOM’s senior secured credit facilities to Baa3 from Ba1 including its $1.35 billion revolving credit facility and $248.5 million term loan …

[ad_1] NEW YORK, July 28, 2021 / PRNewswire / – Backcast Partners Management, LLC (“Backcast”), a provider of debt and equity capital to private and private equity capital firms in the middle market, is pleased to announce a recent investment by Follow-up supporting the acquisition of a leading Canadian HVACR services company by its existing …

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[ad_1] “With our recently closed $ 23.6 million the supply of shares and total debt currently standing at $ 31.6 million – of which only $ 3.8 million is expected over the next twelve months – High Tide’s financial strength has never been stronger. Having declared an adjusted EBITDA of $ 4.6 million for our …

[ad_1] Cansortium Inc (CSE: TIUM.u) has entered into a senior secured term loan facility. The term loan, set at US $ 71 million, was entered into through a syndicate of US-based institutional lenders. The $ 71 million term loan contains a maturity date of April 29, 2025, while bearing interest at a rate of 13% …

[ad_1] International Finance Corporation (IFC) plans to invest $ 100 million in the secured debt of Hero Fincorp Ltd belongs to the Hero group. See Zee Business Live TV Streaming below: Hero Fincorp mainly finances the purchase of two-wheelers, loans to micro, small and medium-sized enterprises (MSMEs), personal loans, used car loans and business loans, …

[ad_1] Chennai: International Finance Corporation (IFC) plans to invest $ 100 million in the secured debt of Hero Fincorp Ltd belongs to the Hero group. Hero Fincorp mainly finances the purchase of two-wheelers, loans to micro, small and medium-sized enterprises (MSMEs), personal loans, used car loans and business loans, the company said. IFC. According to …

[ad_1] Strandline Resources (ASX: STA) successfully raised debt for its Coburn mineral sands project in Washington state sparked a wave of new buy recommendations from leading analysts. Senior analysts at brokers including Fosters and Shaws have set price targets well above 50c on the stock (currently ~ 27c) following news that the company has secured …

[ad_1] RICHMOND, Virginia., February 15, 2021 / PRNewswire / – West Creek, a fast growing consumer finance provider, has entered into a new secured credit facility from Credit Suisse and a fund managed by Neuberger Berman. Sector Financial, a subsidiary of Credit Suisse, provided access to the Credit Suisse credit facility. This new facility increases …

[ad_1] The ink did not dry on the failed call for iAnthus Capital (CSE: IAN) shareholders as part of its recapitalization operation, but the company becomes more indebted. The company announced tonight that it has secured $ 11.0 million in bridge financing, which is secured by its iAnthus assets in New Jersey. Unsurprisingly, the funding …

[ad_1] AMC Entertainment Shares (AMC) – Get a report jumped further on Tuesday after the theater operator said it was issuing $ 100 million in five-year guaranteed tickets. AMC shares at last check jumped 27% to $ 2.95. It traded as high as $ 3.20 on Tuesday. In December, the Leawood-based company, Kan., Secured a …

[ad_1] It seems like Sundial producers (NASDAQ: SNDL) is interested in that of Zenabis Global (TSX: ZENA). The company announced this morning that it has acquired a special purchase vehicle via an all-cash transaction, to acquire $ 58.9 million of outstanding senior secured debt owed by Zenabis Investments. The acquisition of the debt, which was …

[ad_1] TORONTO, 04 Dec. 2020 (GLOBE NEWSWIRE) – Ayr Strategies Inc. (CSE: AYR.A, OTCQX: AYRSF) (“Ayr” or the “Company”), a leading vertically integrated multi-state cannabis operator, has received commitments a syndicate of lenders for US $ 75 million in Senior Secured Notes (the “Notes”) with an additional $ 25 million over-allotment option from the Agent. …

[ad_1] Quebec, QC, Canada – The press wire – November 30, 2020 – NuRAN Wireless Inc. (“NuRAN“or the”Society”) (CSE: NUR) (VSNSX: NUR.CN) (OTC: NRRWF) (FSE: 1RN) is pleased to announce that it has initiated the forbearance process by the holders of the senior secured convertible debentures of the Company (the “Debentures“) Issued as part of …

[ad_1] Pinsent Masons advised Athe Australian Gas Infrastructure Group for the implementation of a new secured debt program. Solidify: Pinsent Masons (Australian gas infrastructure group); Sidley Austin (Australian Gas Infrastructure Group) OK: Australian Gas Infrastructure Group was advised on the establishment of a new financing vehicle and a secured debt program, in order to be …

[ad_1] The company made the optimistic announcement after releasing second quarter financial results showing it had a fundraising pot of $ 80.6 million in cash and cash equivalents. (NASDAQ: GEVO), citing a strong balance sheet and available liquidity, said Tuesday it plans to pay off its $ 12.7 million guaranteed debt balance in full by …

[ad_1] Company positioned to attract more traditional financing to finance the order book, new orders and initiatives NEWPORT BEACH, Calif., October 26, 2020 (GLOBE NEWSWIRE) – DPW Holdings, Inc. (NYSE American: DPW) a diversified holding company (“DPW, “or the”Society“) announced that the Company has since February 2020 converted all of its secured debt, totaling just …

[ad_1] Moody’s downgraded the corporate family (CFR) rating of IIFL Finance Ltd and guaranteed debt from “B1” to “B2” due to the prospect of deteriorating asset quality and profitability due to ‘an increase in payment defaults and payment defaults. The rating outlook has changed from the rating under review to stable. Today’s rating action concludes …

[ad_1] Valens Company Closes $ 40 Million Credit Facility KELOWNA, BC, June 1, 2020 / PRNewswire / –Valens GroWorks Corp. (TSX: VLNS) (OTCQX: VLNCF) (the “Company” or “The Valens Company”), a global leader in the end-to-end development and manufacture of innovative cannabinoid products, today announced it has concluded a syndicated credit facility (the “Credit Facility”) …

[ad_1] A series of failures by some NBFCs has forced capital market regulator SEBI to come up with a new set of measures to secure the interests of bondholders and boost their confidence in the regulatory mechanism to verify any wrongdoing. In a new consultation paper, the Securities and Exchange Board of India has offered …

[ad_1] CINCINNATI – (COMMERCIAL THREAD) – Phillips Edison & Company, Inc. (PECO or the Company), an internally managed real estate investment trust (REIT) and one of the world’s largest owners and operators of grocery store anchored malls, announced today hui having secured a 10-year, $ 200 million secured debt facility through Hartford Investment Management Company …

[ad_1] LIMASSOL, Cyprus, November 25, 2019 (GLOBE NEWSWIRE) – Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today ‘ hui announced the closing, through two of its shipowner subsidiaries, of an $ 11.0 million guaranteed term loan facility with Alpha Bank SA …

[ad_1] SCOTTSDALE, Arizona., October 9, 2019 / PRNewswire / – Integrated CBD, an institutional and quality supply chain leader for organic hemp-derived CBD, today announced the closing of $ 50 million in senior secured debt and a Series A funding round in a combination of debt and equity financing. Senior debt is managed by a …

[ad_1] -The reduction of $ 48.6 million in secured debt will result in total interest savings of $ 10.5 million–Organizational change streamlines business operations- CAMPBELL, Calif., Oct. 03, 2019 (GLOBE NEWSWIRE) – VIVUS, Inc. (Nasdaq: VVUS) (the “Company”), a biopharmaceutical company, today announced that it has repaid $ 48.6 million in its notes Senior collateral …

Ginnie Mae will take a closer look at issuers of mortgage-backed securities with higher ratios of secured debt to gross tangible assets. Single-family issuers with a ratio greater than 60% “may, at Ginnie Mae’s sole discretion, be subject to additional financial and operational requirements before receiving approvals for various transactions,” according to the government agency. …

[ad_1] This morning, iAnthus (CSE: IAN) announced that it is negotiating a definitive agreement for a senior secured term loan of up to US $ 50 million with Torian Capital Partners. The term loan is expected to be made available in two tranches of US $ 25 million, each with substantially similar terms. The press …

By Ryan Boysen (July 9, 2019, 4:45 p.m. EDT) — Stearns Holdings LLC filed Chapter 11 in New York bankruptcy court on Tuesday, with a plan that calls on majority owner Blackstone to inject $60 million in cash into the residential mortgage lender so it can pay off some of its $183 million secured debt. …

Breadcrumb Links Cannabis business Cannabis Canopy is focused on research and development, global expansion and profitability of its Canadian business, says new CFO Author of the article: Bloomberg News Esteban Duarte and Kristine Owram Canopy Growth workers at company operations in Aldergrove, BC Photo by Mark Yuen/Postmedia Content of the article Canopy Growth Corp. is …

[ad_1] / NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR FOR DISTRIBUTION IN UNITED STATES. ANY NON-COMPLIANCE WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF US SECURITIES LAWS. / CALGARY, August 30, 2018 / CNW / – Petro-Victory Energy (TSX-V: VRY), (“Petro-Victory” or the “Company”), is pleased to provide the following updates. Funding The Company …

[ad_1] DUBAI: Private equity firm Abraaj said on Monday it hoped to reach an agreement with its secured creditors, although sources said a Kuwaiti unsecured creditor was resisting, which could block the sale of its investment management. Dubai-based Abraaj Holdings is trying to sell Abraaj Investment Management to New York-based Cerberus Capital Management as it …

[ad_1] Alternative loans The company is expanding its SME loan proposition with the new portfolio. IW Capital, an investment firm specializing in debt, stocks and EIS, has launched its first secured debt fund raising £ 4.5million. The fund will be the first in a series of diversified investment vehicles that IW Capital plans to launch …

[ad_1] SPRINGDALE, Arch .– (COMMERCIAL THREAD) – NanoMech, Inc., a specialty materials company with patented technology in nano-engineered lubricants, chemicals, coatings and finishes, today announced completion of funding $ 7 million non-convertible senior secured debt and equity with Michaelson Capital Special Finance Fund II, LP “We continue to strengthen our balance sheet to position NanoMech …

ATLANTE, April 6, 2017 /PRNewswire/ — Internap Corporation (NASDAQ: INAP), (“INAP” or the “Company”), a provider of high-performance Internet infrastructure comprising colocation, cloud and network services, today announced that he closed the $325 million into new credit facilities to complete the refinancing of its senior secured debt in an oversubscribed transaction. The new facility provides …

[ad_1] What is secured debt? Secured debt is backed by debt or secured by collateral to reduce the risk associated with the loan. If the borrower on a loan defaults, the bank seizes the collateral, sells it, and uses the proceeds to pay off the debt. Assets backed by a debt or debt instrument are …

CHICAGO–(BUSINESS WIRE)–Fitch Ratings has assigned a rating of ‘BB+(EXP)/RR1’ to Air Canada’s proposed new senior secured debt issuance. The proceeds of the issue will be used, along with cash, to refinance Air Canada’s existing Secured Term Loan B and Air Canada’s first lien and second lien secured notes. Fitch currently rates Air Canada “B+” with …

[ad_1] It was 2009 and General Motors Co. (ticker: GM) had just declared bankruptcy. Financial carnage ensued. GM shares fell to zero. The people who owned it lost everything. Those who invested in regular GM bonds tried to collect something and pocketed a few cents – about 20 cents on the dollar. Even when the …

The year was 2009 and General Motors Co. (teleprinter: GM) had just declared bankruptcy. Financial carnage ensued. GM stock fell to zero. The people who owned it lost everything. Those invested in GM common links tried to collect something and caught pennies – about 20 cents on the dollar. Even when the company revived, those …

[ad_1] Following Air Lease Corporation’s (NYSE: AL) quality ratings and strengthened credit profile, the company today announced that one of its banks has agreed to review and improve terms by approximately 170 million dollars of secured debt related to the financing of six ALC aircraft. Under the agreement, the bank pledged to reduce the interest …

[ad_1] CHANTILLY, Virginia – (COMMERCIAL THREAD) – Online Resources Corporation (NASDAQ: ORCC), a leading provider of online financial services, today announced that effective September 29, 2011, it has amended and extended its premier secured credit facilities. rank until February 21, 2013. The Company has requested this extension. to support the continued execution of its strategic …

[ad_1] WILLIAMSBURG, Virginia – (BUSINESS WIRE) – MHI Host Company (NASDAQ: MDH) (the “Company”) announced today that it has successfully executed a new secured loan of $ 7.5 million from the Bank of Georgetown, secured by a first mortgage on the Holiday Inn Laurel hotel. West in Laurel, Maryland. The loan has a ten-year term, …