press release
Liminal BioSciences repays its secured debt ending its creditor relationship with Structured Alpha LP
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 …
BuildDirect Completes US$3 Million Secured Debt Financing
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“) …
SolidProof clears 400 smart contract and KYC audits to bolster security in the DeFi world
News and research before you hear about it on CNBC and others. Claim your one week free trial for StreetInsider Premium here. Handewitt, Germany–(Newsfile Corp. – February 12, 2022) – The security of a crypto project remains a primary consideration for DeFi developers. SolidProofa German-based blockchain audit firm, specializes in protecting DeFi market participants with …
Faraday Future announces partnership with Myoung Shin for FF 81 Production; Asset-Light deal paves way for profitability by 2025 | Your money
LOS ANGELES–(BUSINESS WIRE)–February 9, 2022– Faraday Future Intelligent Electric Inc. (“FF”) (NASDAQ: FFIE), a California-based shared smart electric mobility global ecosystem company, today announced that Myoung Shin Co., Ltd., an automotive manufacturer headquartered is in South Korea, has been contracted to manufacture Faraday Future’s second vehicle, the FF 81, with an expected SOP of 2024. …
US indicts multiple call centers for IRS and Social Security scams
The US Department of Justice has announced the indictment of several India-based call centers and their managers for targeting Americans with Social Security, IRS and loan phone call scams. The call centers allegedly placed fraudulent robocalls that were redirected through an already indicted VoIP service provider to make the calls appear to originate from US-based …
Stablecoins and Beyond: 2022 Digital Asset Legislation Landscape | Troutman pepper
Will 2022 be the year of comprehensive digital asset legislation in the US? In 2021, Congress waded through digital asset policy waters by including expanded rules on cryptocurrency and digital assets as part of the $1 Trillion Infrastructure Investment and Jobs Act. dollars (HR 3584), which was signed into law by President Joe Biden on …
Midwest Holding Announces Strategic Asset Management Initiative with ORIX Corporation USA
LINCOLN, Neb.Jan. 10, 2022 / PRNewswire / – Midwest Holding Inc. (Midwest, NASDAQ: MDWT), a technology-focused life insurance and annuity platform, announced the closing of a sale of majority ownership of ” a consolidated reinsurance facility to a subsidiary of ORIX company United States (ORIX United States). Under the terms of the agreement, a subsidiary …
VeeMost Technologies, LTD Announces Launch Date for VeeShield Cloud Security and Provides … | Your money
Red Bank, NJ, January 04, 2022 (GLOBE NEWSWIRE) – VeeMost Technologies, LTD is pleased to announce the launch of its own innovative VeeShield Cloud security products on January 24, 2022. VeeShield will be offered in three packages: Pro, Pare -fire Pro + and new generation hybrid cloud. VeeShield will initially be available only to business …
BitNile Holdings Secures $ 52.2 Million in Secured Debt Financing | 2021-12-31 | Press Releases
BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNileâ€Or the“Societyâ€) Announced today that it has sold $ 58.4 million in original issue discount 10% promissory notes (the“ â€Remarksâ€) To sophisticated investors for $ 52.2 million (the”Fundingâ€). The notes are due and payable on March 31, 2022, bear interest at the rate of 8% …
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BitNile Holdings Secures $52.2M in Secured Debt Funding
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 …
New Jersey Plans To Allocate Nearly $ 5.2 Million For School Safety Upgrades |
(The Center Square) – State officials want to allocate $ 5.15 million for upgrading safe schools in New Jersey. Governor Phil Murphy and Interim Education Commissioner Dr. Angelica Allen-McMillan submitted the request under the Obligations for the Future of Our Children Act (SOCFBA). State legislators must approve the request. “This second round of awards will …
Aurora Mobile Receives Data Security Governance (“DSG”) Certification From CAICT | Your money
SHENZHEN, China, December 28, 2021 (GLOBE NEWSWIRE) – Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile†or the “Companyâ€), a leading provider of mobile development services in China, today announced ‘hui having passed the Data Security Governance (DSG) Assessment and Certification of the Chinese Academy of Information and Communication Technologies (“CAICT”) after strict assessment by CAICT …
Fire & Flower announces $ 30 million secured debt facility with owner of Circle K Alimentation Couche-Tard – Technical420
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 be …
Fire & Flower announces $ 30 million secured debt facility with owner of Circle K Alimentation Couche-Tard
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 it …
Canada blames its “most prolific cybercriminal” – Krebs on Security
A 31-year-old Canadian has been arrested and charged with fraud in connection with numerous ransomware attacks against businesses, government agencies and individuals across Canada and the United States. Canadian authorities describe him as “the most prolific cybercriminal we have identified in Canada,” but so far have released few other details about the investigation or the …
12 IT stocks entering Wednesday’s after-market session – Arlington Asset Investment Corp (AI), BLAZE ENERGY CORP (BLZE), ClearOnemmunications (CLRO), Information Services Group (III), II-VI INC 6 CNV PS (IIVIP), Kopin (KOPN)
Winners II-VI The stock (NASDAQ: IIVIP) rose 5.53% to $ 259.39 in Wednesday’s after-sales session. CooTek (Cayman) (NYSE: CTK) rose 5.28% to $ 0.71. The company’s market capitalization is $ 47.4 million. Lidar Velodyne The stock (NASDAQ: VLDR) rose 4.98% to $ 5.27. Today’s trade volume for this stock closed at 339.2K shares, or 9.53% …
Gage Growth Corp. Announces $ 55 Million Senior Secured Debt Financing – Greenway Magazine
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) to …
Gage Growth Corp. Announces US $ 55 Million Senior Secured Debt Financing
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 loan …
Gage Growth Corp. announces US$55 million senior secured debt financing
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 …
Gage Growth Corp. Announces US$55 Million Senior Secured Debt Financing | State
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 …
Complex security integrators unite | Your money
BURNSVILLE, Minnesota, November 17, 2021 (GLOBE NEWSWIRE) – Paladin Technologies and VideoTronix, Inc. (DBA VTI Security) have agreed to join forces on November 17, 2021. Based in Minnesota, VTI and its team of more than 230 colleagues Nationwide will add geographic expansion to Paladin in the central United States, as well as passionate expertise on …
Dish to Raise $ 4 Billion with Secured Debt Offer
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 proceeds …
DISH Network Announces Secured Debt Offer
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 intended …
Renesas and wolfSSL Offer Out-of-the-Box IoT Security Solutions Based on Embedded TLS Stack | Your money
TOKYO & EDMONDS, Washington – (BUSINESS WIRE) – October 27, 2021– Renesas Electronics Corporation (TSE: 6723), a leading provider of advanced semiconductor solutions, and wolfSSL, a leading provider of embedded security solutions, today announced a multi-year license agreement under from which customers of the Renesas 32-bit MCU offerings can obtain a commercial license for the …
Seizure of Three Waters assets to be forced on boards
Wednesday, October 27, 2021, 10:09 a.m.Press release: New Zealand National Party National understands that the government will force grab Three Waters’ assets from boards and centralize local taxpayer-owned water services, National local government spokesman Christopher Luxon said. “The government will introduce a bill mandating their model, which would require each council to join one of …
Equity Bank closes deal to sell North Central Kansas
WICHITA, Kan., October 25, 2021 (GLOBE NEWSWIRE) – Equity Bank, a subsidiary of Equity Bancshares, Inc. (NASDAQ: EQBK) (“Equity Bancsharesâ€), today announced that it has entered into a definitive agreement purchase and assumption with United Bank & Trust in Marysville, Kansas, (“UBT”), UBT acquiring certain assets and taking over deposits from banks in Concordia, Belleville …
Green Light Metals Inc.Announces Completion of Asset Purchase Transaction with Aquila Resources Inc. and Closing of Private Placement
Receive instant alerts for news on your actions. Claim your 1-week free trial for StreetInsider Premium here. Toronto, Ontario – (Newsfile Corp. – October 21, 2021) – Green Light Metals Inc. (the “Society“) is pleased to announce that on October 4, 2021 it closed the previously announced transaction (the “Transaction“) to acquire a 100% interest …
AlphaNorth Asset Management – Winner of the 1st prize for performance over 5 years
FREE Last Minute Alerts from StreetInsider.com! Best StreetInsider.com tickers, 10/19/2021 October 19, 2021 6:01 PM EDT News and research before you hear about it on CNBC et al. Claim your 1-week free trial for StreetInsider Premium here. Maximize returns for investors over the long term Toronto, Ontario – (Newsfile Corp. – October 19, 2021) – …
CIBC FCIB to sell its activities in 4 OECS states
Today, a consortium of major Eastern Caribbean Monetary Union banks announced that it has reached a definitive agreement to acquire the branches and banking operations of CIBC FirstCaribbean in Dominica, Grenada, St. Kitts and Nevis and Saint Vincent and the Grenadines. . The agreement reached on October 12, 2021 is subject to regulatory approval and …
Regional Management Corp. Announces Completion of $ 125 Million Private Asset Backed Securitization
GREENVILLE, South Carolina – (COMMERCIAL THREAD) – Regional Management Corp. (NYSE: RM), a diversified consumer credit company, today announced that it has completed a $ 125 million private asset-backed securitization with a large institutional investor. The tickets sold were issued at a fixed coupon of 3.875%, and the transaction structure allows for the financing of …
5 things most Americans don’t know about Social Security
Bill Oxford / Getty Images / iStockphoto So you think you know everything about Social Security? If so, congratulations – you’re in the minority when it comes to knowing about the nation’s largest pension benefits program – which is currently under threat due to the debt limit dispute in Congress. This week, US Treasury Secretary …
Delio completed registration of South Korea’s Virtual Asset Service Provider (VASP)
Delio, a South Korean crypto-finance company specializing in decentralized finance, has acquired the certification of the information security management system “ISMS” from the Korea Internet & Security Agency (KISA) and has completed the registration Virtual Asset Service Provider (VASP). Delio, who obtained ISMS certification on the 17th, submitted the VASP application to the Financial Intelligence …
Ashley Court, Azalea Garden, Regency Apartments sell for $ 11.35 million
Ashley Court, Azalea Garden and Regency Apartments in northeast Ocala were sold for $ 11.35 million. According to a press release from Marcus & Millichap, a commercial real estate brokerage firm specializing in the sale of investments, the portfolio of 99 adjoining units of three properties was sold for $ 11,350,000 The seller and buyer …
At-Bay Collaborates With Microsoft To Raise The Bar For Small Business Security | Your money
SAN FRANCISCO – (BUSINESS WIRE) – Sep 29, 2021– At-Bay, the insurance company for the digital age, today announced a collaboration with Microsoft to strengthen the cybersecurity posture of its customers as attacks escalate. To encourage enhanced security for SMBs, customers can now save up to 15% on their At-Bay cyber insurance premium by using …
Cambrian Asset Management Unveils New Website As Bitcoin and Ethereum Systematic Trusts Go Live
MILL VALLEY, Calif., September 29, 2021 / PRNewswire / – Cambrian Asset Management, Inc. (“Cambrian”), a quantitative investment firm specializing in digital assets, today unveiled its new website as part of the company’s planned offering of Cambrian Bitcoin Systematic Trust and Cambrian Ethereum Systematic Trust (the “Trustsâ€) to investors. The trusts will begin accepting initial …
Digivault becomes first FCA-registered digital asset custodian to retain Polkadot
LONDON, September 28, 2021 / PRNewswire / – Digivault, the accredited, highly secure and insured digital asset custody business of the Nasdaq-listed EQONEX group (Nasdaq: EQOS), has become the first custodian, registered by the UK Financial Conduct Authority (FSA), to retain the asset Polkadot cryptographic (DOT). Founded by the co-founder of Ethereum, Dr. Gavin wood, …
Operation Vax industrial collaboration helped ensure the safety and security of the COVID-19 vaccine … | Your money
WANAQUE, NJ, September 27, 2021 (GLOBE NEWSWIRE) – The Hetherington Group and the Healthcare Distribution Alliance will recognize more than 75 industry leaders and public agencies who collaborated during the height of the COVID-19 pandemic. Comprised of healthcare, pharmaceutical, transportation, cybersecurity and Department of Defense personnel C-Suite, Operation Vax (OPVAX) has helped ensure the safe …
MAD Security named to MSSP Alert’s 250 Best MSSPs for 2021 | Your money
HUNTSVILLE, Alabama, September 27, 2021 (GLOBE NEWSWIRE) – MSSP Alert, published by After Nines Inc., named MAD Security to the list of top 250 MSSPs for 2021 (http://www.msspalert.com/top250). The roster and research identifies and honors the world’s leading MSSP, Managed Discovery and Response (MDR), and Security Operations Center as a Service (SOCaaS) vendors. The ranking …
SideDrawer welcomes BCV Asset Management Inc. to its secure document management platform
SideDrawer Inc. BCV Asset Management Inc. TORONTO, ONTARIO, CANADA, September 27, 2021 /EINPresswire.com/ – SideDrawer is pleased to welcome BCV Asset Management Inc. (“BCV”) to its secure document management platform. BCV will leverage SideDrawer for the delivery of customer statements, while customers and their referring advisors will be able to collaborate securely on their new …
Form 6-K BROOKFIELD ASSET MANAGEM For: 23 Sep.
Receive instant alerts for news on your actions. Claim your 1-week free trial for StreetInsider Premium here. UNITED STATESSECURITY AND EXCHANGE COMMISSIONWashington, DC 20549 Form 6-K REPORT OF FOREIGN PRIVATE ISSUER UNDER RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of September 2021 Commission file number: 001-15160 Brookfield Asset …
Stratus Properties Inc. Announces Agreement to Sell Sandalwood for $ 152 Million | National company
AUSTIN, TX – (BUSINESS WIRE) – Sep 21, 2021– Stratus Properties Inc. (NASDAQ: STRS) (“Stratus†or the “Companyâ€) today announced an agreement to sell The Sandalwood for $ 152 million, or approximately $ 339,000 per unit, in cash. The Sandalwood is a 100% Stratus-owned, 448-unit garden-style multi-family luxury apartment complex located in the N section …
Form DEF 14A WESTERN ASSET EMERGING For: Oct 22
News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here.   SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No.    )   Filed by the Registrant  ☒                            Filed by a Party other than the Registrant  ☠Check …
National Asset Reconstruction Company to acquire stressed assets of approximately Rs 2 lakh crore in phases
Representative image New Delhi [India], Sep 16 (ANI): The Union Cabinet on Wednesday approved the central government guarantee of Rs 30,600 crore to support guarantee receipts issued by the National Asset Reconstruction Company Limited (NARCL) for the acquisition of troubled loan assets. The Union Finance Ministry said Thursday that NARCL is proposing to acquire stressed …
Zūm Rails Offers Improved Payment Security for Real-Time Payments | Your money
TORONTO – (BUSINESS WIRE) – Sep 16, 2021– ZÅ«m Rails, a leader in open banking and smart payment software, today announced a new set of anti-fraud tools to improve the security of its instant deposit feature. Instant deposit, enabled by Visa Direct, Visa’s real-time push 1 payments platform and available through ZÅ«m’s financial institution, allows …
Avicanna announces closing of secured debt financing
/ 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 “Avicannaâ€) (TSX: AVCN) is pleased to announce the closing of the previously announced secured term financing (the …
AECOM — Moody’s upgrades AECOM’s secured debt rating to Baa3; affirms all other ratings
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 to …
High Tide Announces Elimination of Senior Secured Debt and Addition to AdvisorShares Pure Cannabis ETF (NYSE: YOLO)
“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 last …
Ayr Strategies Announces $ 75 Million Senior Secured Debt
TORONTO, 04 Dec. 2020 (GLOBE NEWSWIRE) – Ayr Strategies Inc. (CSE: AYR.A, OTCQX: AYRSF) (“Ayr†or the “Companyâ€), a leading vertically integrated multi-state cannabis operator, has received commitments a syndicate of lenders for US $ 75 million in Senior Secured Notes (the “Notesâ€) with an additional $ 25 million over-allotment option from the Agent. The …
NuRAN Announces Senior Secured Debt Restructuring Offer through December 31, 2021 and Additional Debt Restructuring
Quebec, QC, Canada – The press wire – November 30, 2020 – NuRAN Wireless Inc. (“NuRAN“or the”Societyâ€) (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 a …
DPW Holdings eliminates all secured debt totaling approximately $ 5 million
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 under …
Valens enters into $ 40 million secured debt facility with CIBC and ATB – New Cannabis Ventures
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 Companyâ€), 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 Facilityâ€) with …
Phillips Edison & Company Secures $ 200 Million 10 Year Secured Credit Facility
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 (HIMCO). …
Castor announces senior secured debt of $ 11.0 million
LIMASSOL, Cyprus, November 25, 2019 (GLOBE NEWSWIRE) – Castor Maritime Inc. (NASDAQ: CTRM), (“Castor†or the “Companyâ€), 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 (“the …
VIVUS begins repayment of guaranteed debt and announces
-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 maturing …
iAnthus Raises $ 50 Million Through Secured Debt
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 release …
Petro-Victory Energy Corp. Announces $ 10,000,000 Senior Secured Debt Financing and Company Update
/ 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 finalized …
Air Lease Corporation (NYSE: AL) – Air Lease Corporation improves terms of $ 170 million secured debt
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 rate, …
Online Resources Modify and Extend Senior Secured Debt
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 growth …