Tuesday, May 19, 2009

Google Alert - secured loans

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Google News Alert for: secured loans

Fed opens TALF to legacy commercial property loans
Reuters - USA
Loans secured by CMBS will have three- or five-year maturities. The Fed and the Treasury Department launched the facility in November to breath life into ...
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Fitch Affirms Nielsen's IDR at 'B'; Outlook Stable
Business Wire (press release) - San Francisco,CA,USA
The ratings reflect that the notes issued by NFL/NFC benefit from a guarantee from the same subsidiaries that guarantee the secured loans. ...
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Warner Music Group unit to offer $500M in notes
Forbes - NY,USA
WMG Acquisition plans use the net proceeds from the offering to repay part of the term loans under its existing senior secured credit facility, Warner Music ...
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Monday, May 18, 2009

Google Alert - secured loans

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Warner Music Group to offer $500 Mln of Senior Secured Notes - Update
RTT News - Williamsville,NY,USA
The New York-based company said WMG Acquisition Corp. intends to use the net proceeds to repay a portion of the term loans under its existing senior secured ...
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Warner Music Group Announces Offering of $500 Million Senior ...
SYS-CON Media (press release) - Montvale,NJ,USA
WMG Acquisition Corp. will use the net proceeds from the offering to repay a portion of the term loans under its existing senior secured credit facility. ...
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Mexico Offers Loans to Keep Automobile Plants Running
Bloomberg - USA
The loans would be made through Mexico's development bank, known as Nafinsa, and secured by accounts receivable, inventories and possibly assets such as ...
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MGM Mirage amends loan agreement
Las Vegas Review - Journal - Las Vegas,NV,USA
MGM also priced a private offering of $1.5 billion of senior secured notes, and $650 million of 10.375% senior secured notes due May 2014 and $850 million ...
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New $35K SBA loan to roll out June 15
NJBIZ - New Brunswick,NJ,USA
o Secured and unsecured conventional loans (mortgages, term and revolving lines of credit). o Notes payable to vendors, suppliers or utilities. o ...
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Alliance Data secures new financing
Bizjournals.com - Charlotte,NC,USA
Credit card services provider Alliance Data Systems Corp. has secured a new $134 million loan, telling investors its financial safety net now approaches ...
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Fitch: US CMBS Delinquencies Concentrated In Distressed States
Wall Street Journal - USA
The balance of the loans secured by properties in the worst-performing states is less than 6% of Fitch's rated universe but are about one quarter of all ...
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Anthracite Capital amends credit facilities
Reuters - USA
The secured creditors will continue to hold the same primary collateral consisting of commercial real estate loan assets. Anthracite also said the waiver of ...
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Level 3 announces closure of USD60m additional senior secured ...
Trading Markets (press release) - Los Angeles,CA,USA
... may) announced that Level 3 Financing Inc, the company's wholly owned subsidiary, has closed its USD60m additional senior secured Tranche B Term Loan. ...
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Promise reports surge in new brokers
Introducer Today - Beckenham,England,UK
... interest shown by brokers in Promise's combined loans and debt solutions offering which enables brokers to source/offer secured loans, unsecured loans, ...
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Allco heads towards wind-up
Sydney Morning Herald - Sydney,Australia
Allco's banks are looking to recover about $640 million in secured loans, which their receivers, Steve Sharman and Peter Gothard of Ferrier Hodgson, ...
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Sunday, May 17, 2009

Google Alert - secured loans

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RTE.ie
INM gets more time to repay €200m loan
RTE.ie - Ireland
It also said it has secured an additional €15m of working capital from its bankers - but that is secured against certain assets. ...
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District Announces Over $1 Million in Settlements with Title Loan ...
Washington Continent - USA
Loan Max and CashPoint are money lenders that issue consumer loans secured by the borrower's motor vehicle title. Loan Max and CashPoint each issued ...
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Once Seen as Safe, Bank-Loan Funds Face a Rocky Road
Wall Street Journal - USA
They offer more protection than similarly rated bonds because they are secured, meaning they are backed by the borrower's assets, and senior, meaning that ...
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Irish bad bank faces potential pitfalls
Financial Times - London,England,UK
"You've made loans, secured those loans on assets and now those assets no longer exist." The legislation would have powers to compel the banks to co-operate ...
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BSP to provide liberalized lending only to energy
Business Mirror - Philippines
Under a new circular that takes effect on June 1, secured loans to affiliates in the power-generation sector may now total 25 percent of a lender's net ...
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1st Century Bancshares, Inc. Reports Financial Results for the ...
PR-USA.net (press release) - Varna,Bulgaria
During the first quarter of 2009 the Company charged-off $251000 of a $750000 secured consumer loan which was placed on non-accrual status in the fourth ...
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Energy loan idea generates worldwide interest
The Desert Sun - Palm Springs,CA,USA
Since the treasury has to (invest) the money, what's a better investment than secured property? It's a secure, stable reasonable backing, pays over time and ...
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Friday, May 15, 2009

Google Alert - secured loans

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Don't Refinance More Than You Can Handle
Washington Post - United States
That way, you won't increase your loan amount, but you'll be able to reduce those unsecured debts. Benny L. Kass is a Washington lawyer. ...
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Crescent Banking Company Reports Operating Results (10-Q)
GuruFocus.com - Plano,TX,USA
The Bank must maintain the proper procedures to monitor loan growth, including the quality of the loans, and its concentration in real estate secured loans. ...
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Google Alert - secured loans

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Abigail Adams National Bancorp Inc. Reports Operating Results (10-Q)
GuruFocus.com - Plano,TX,USA
... and other organizations including the acceptance of demand time and savings deposits and the making and servicing of secured and unsecured loans. ...
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Google Alert - secured loans

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Ford assumes $163 mln asset-based loan for Visteon
Reuters - USA
By David Bailey DETROIT, May 15 (Reuters) - Ford Motor Co (FN) has assumed a $163 million secured revolving credit facility from lenders to US auto parts ...
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Google Alert - secured loans

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BANKRUPTCY WEEK AHEAD:Chrysler Seeks OK To Tap $4.5B DIP Loan
Wall Street Journal - USA
The company has also agreed to let $408 million worth of unsecured loans it made to WL Homes take a subordinate position to other unsecured claims. ...
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GETTING PERSONAL: Bank Loan Funds Seen As More Volatile
Wall Street Journal - USA
That's because they're secured, meaning they're backed by the borrower's assets, and senior, meaning that in the case of a default, they must be repaid ...
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Opel Needs at Least $1.4 Billion Loans, Forster Says
Bloomberg - USA
Forster's goal is to have the bridge loan secured before June 1 so Opel is "well cushioned" with funding because of GM's potential bankruptcy, the executive ...
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10 things you need to know before applying for a loan
Moneysupermarket.com - Chester,UK
There are two types of loan - secured and unsecured. Unsecured loans are aimed at people who want to borrow a relatively small amount - they tend to be ...
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Borrowing money 101
iAfrica.com - Cape Town,Western Cape,South Africa
Other forms of long-term borrowing in other parts of the world include second charge loans or secured loans which are, again, loans secured against a ...
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Google Alert - secured loans

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Tetragon Financial Group Limited (TFG) Monthly Update for April 2009
PR Newswire (press release) - New York,NY,USA
... Senior Secured Loans: US 53.8% $304.9 $618.3 Broadly Syndicated Senior Secured Loans: Europe 23.0% $130.1 $208.1 Middle Market Senior Secured Loans: US ...
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Thursday, May 14, 2009

Google Alert - secured loans

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Various Financing Options for Used Car Loans
Culture11 - Alexandria,VA,USA
Generally there are two types of used car loans one is secured and another is unsecured. In a secured used car loans you can get competitive interest rates. ...
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Metalink announces Q1 revenues of USD 1.8 mln
Telecompaper - Houten,Netherlands
In January 2009, Metalink received an additional USD 2.25 million in a short-term secured loan from an institutional investor after having received a USD ...
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Chrysler dealers getting axed may not find
Journal Record (subscription) - Oklahoma City,OK,USA
He said unsecured claims come behind the claims of secured creditors, priority creditors and the costs of administration of a bankruptcy case. ...
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NB&T FINANCIAL GROUP INC Reports Operating Results (10-Q)
GuruFocus.com - Plano,TX,USA
In addition, one loan secured by residential lots for approximately $700000 was placed on non-accrual status during the quarter. As of March 31, 2009, ...
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Bank offers first 'art loan'
중앙데일리 - South Korea
Annual interest on the loans will be 17 percent, higher than general secured loans including home-backed loans but 2 to 3 percentage points lower than ...
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Credit Suisse Dressed Down Over Yellowstone Loan
New York Times Blogs - New York,NY,USA
If some of Chrysler's secured debtholders think they are getting rough treatment in bankruptcy court, they should consider what just happened to Credit ...
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Sallie Mae and Moody's Battle Over Downgrade
TheStreet.com - USA
If the administration's plan -- which it believes will save $4 billion -- becomes law, most of those Sallie Mae loans will no longer be secured by the ...
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Market Report -- In Play (SLM)
MSN Money - USA
Sallie Mae's liquidity position has materially strengthened as the co secured liquidity in a variety of transactions, totaling over $11 bln in new sources ...
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Metalink Reports First Quarter 2009 Results
MSN Money - USA
LOAN STATUS: As previously announced, in January 2009 , Metalink received an additional $2.25 million in a short-term secured loan from an institutional ...
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Yellowstone judge subordinates Credit Suisse secured claim
The Daily Deal (subscription) - New York,NY,USA
... step of subordinating the firm's $232 million secured claim in Yellowstone Mountain Club LLC's bankruptcy proceedings in favor of other creditors. ...
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Nurido
Credit Card Debt Consolidation Loan-enjoy Easy Repayment Terms
Nurido - Steyr,Austria
A credit card debt consolidation loan is available in both secured and unsecured form. Before applying you should know about your requirements and ...
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Duke Receives $125M Loan Commitment
GlobeSt. com - New York,NY,USA
The loan, which will carry a rate of 7.75%, interest only, is set to be secured by industrial and office assets, according to the company's release on the ...
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Unsecured loans for people with bad credit - Cash low credit score
NewDesignWorld (press release) - Oxford,Oxfordshire,UK
You still have a feasible option called unsecured loan for bad credit. Since you have a special condition, you need to make special efforts. ...
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Wednesday, May 13, 2009

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Failure: A Bankrupt Idea
BusinessWeek - USA
... are supposed go to secured creditors: those who were pledged certain assets, such as buildings or machinery, as collateral for the loans they made. ...
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More Homeowners Getting Aid, but Demand Keeps Rising
Washington Post - United States
... asked GMAC Mortgage to modify the loan on his one-bedroom condo in January after he lost his sales job and secured a lower-paying position elsewhere. ...
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Google Alert - secured loans

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US judge OKs bankruptcy loan for General Growth
Reuters - USA
... (DIP) loan offered by the Farallon group after the plan was revised to provide greater protection for General Growth's secured mortgage lenders. ...
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Duke Realty Corporation Announces $125 Million Secured Financing ...
Market Wire (press release) - USA
The loan will carry an interest-only rate of 7.75 percent and will be secured by geographically diverse portfolios of suburban industrial and office assets. ...
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CREDIT MARKETS: MGM Mirage Ups Risk Ante For Bond Investors
Wall Street Journal - USA
... Ashland is offering $600 million in eight-year senior unsecured bonds. Proceeds are earmarked to pay off borrowings under a $750 million bridge loan ...
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MGM Mirage Eyes $1.5B Of Sr Secured Bonds To Repay Debt
Wall Street Journal - USA
Similarly, MGM's term loan debt is also significantly higher at around 83 cents, according to one trader. That's 10 points up on the day. ...
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Google Alert - secured loans

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Administration Official "Chrysler Bankruptcy Could Last Two Years'
istockAnalyst.com (press release) - Salem,OR,USA
... provider of a $4.5 billion bankruptcy loan, and lenders with an unpaid balance of $4.9 billion on a secured loan. and this: "The secured lenders will ...
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Google Alert - secured loans

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Zimbabwe Secures Over $1 Billion in Loans From African Lenders
Bloomberg - USA
By Brian Latham May 13 (Bloomberg) -- Zimbabwe secured more than $1 billion in lines of credit from African lenders, Economic Planning Minister Elton ...
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Link Lending secures £75m funding line
Mortgage Strategy - UK
The firms offers short-term and bridging loans through its Link Bridging arm and provides secured loans through it Link Loans division. ...
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How Chrysler's Bankruptcy Plan Threatens Our Markets
Seeking Alpha - New York,NY,USA
Wielding the public's empathy as a weapon, President Obama took Chrysler from its rightful owners: secured loan holders (aka TARP-tainted banks, ...
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Tuesday, May 12, 2009

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Obama Said to Understate Chrysler '60-Day' Bankruptcy Schedule
Bloomberg - USA
After the new Chrysler is created, the dissident lenders would join other secured creditors in the scramble to recover the rest of the loan from the assets ...
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Sour commercial real estate loans threaten to drag down regional banks
Los Angeles Times - CA,USA
Uncollectable commercial construction loans increased eightfold during the same period. Most of the loans were secured not only by the properties but also ...
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New West
Citing "Naked Greed," Judge Eviscerates Credit Suisse in ...
New West - Missoula,MT,USA
... ruled that Credit Suisse's secured claim to $232 million of the remaining $310 million loan balance would be "subordinated" to the claims of tradesmen, ...
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Loan secured for North Chicago fire equipment
Waukegan News Sun - Waukegan,IL,USA
The North Chicago Fire Department is poised to add additional equipment, with a new loan secured by State Rep. Eddie Washington. The department was chosen ...
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The Better Bankruptcy Bureau
Atlantic Online - USA
Right now, senior debt is cheaper than junior debt; secured debt cheaper than unsecured. If you declare that there are no priority rules, ...
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msnbc.com
Money 911: Budgeting lessons during a divorce
msnbc.com - USA
To be eligible for Chapter 13, your unsecured debts must be less than $336900 and secured debts less than $1010650. In Chapter 7 bankruptcy, ...
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General Growth chooses Farallon group for DIP loan
Reuters - USA
The agreement gives the company's secured mortgage lenders more protection of their rights to the cash flow the malls generate, according to the documents. ...
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A10 Capital Forms Lending Group For Commercial Loans
Mortgageorb - Oxford,CT,USA
... first-mortgage commercial real estate loans and provide financing to investors for distressed debt purchases secured by commercial real estate. ...
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Is America Turning Into a Banana Republic During this Zombie Economy?
Seeking Alpha - New York,NY,USA
The lenders assumed (incorrectly, as it turned out) that their secured loan, which was senior to any other Chrysler debt, would be protected even if ...
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Monday, May 11, 2009

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The Deadly Sins Of The Chrysler Bankruptcy
Forbes - NY,USA
First mortgages are normally paid in full before second, and lower mortgagees receive anything, in order, on their loans. Unsecured creditors of all types ...
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Hayes Lemmerz announces accord with secured creditors for ...
RTT News - Williamsville,NY,USA
As a part of restructuring it is expected that the DIP lenders will convert certain of their loans into equity and will own substantially all of the equity ...
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Hayes Lemmerz International, Inc. Reaches Accord With Secured ...
PR Newswire (press release) - New York,NY,USA
Upon confirmation of a plan of reorganization, it is anticipated that the DIP lenders will convert certain of their loans into equity and will own ...
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Patriot Capital Funding Inc. Reports Operating Results (10-Q)
GuruFocus.com - Plano,TX,USA
Investments usually take the form of senior secured loans junior secured loans and subordinated debt investments - sometimes containing equity components. ...
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Patriot National Bancorp Inc. Reports Operating Results (10-Q)
GuruFocus.com - Plano,TX,USA
Loans totaling $67.4 million are collateral dependent and are secured by residential or commercial real estate located within the Bank s market area. ...
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Poniard Pharmaceuticals Inc. Reports Operating Results (10-Q)
GuruFocus.com - Plano,TX,USA
The loan facility is secured by a first lien on all of our non-intellectual property assets. The loan agreement contains restrictions on our ability to, ...
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MBT Financial Corp Reports Operating Results (10-Q)
GuruFocus.com - Plano,TX,USA
Residential real estate secured loans decreased $16.1 million (3.7%) due to a decrease in residential development activity. Deposits decreased $69.2 million ...
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10-Q: KOHLBERG CAPITAL CORP
MarketWatch (press release) - USA
We generate interest income from our investments in debt securities which consist primarily of senior and junior secured loans. ...
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10-Q: PATRIOT CAPITAL FUNDING, INC.
MarketWatch (press release) - USA
We generally structure our subordinated debt investments at fixed rates while many of our senior secured and junior secured loans are, and will be, ...
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10-Q: BLACKROCK KELSO CAPITAL CORP
MarketWatch (press release) - USA
At March 31, 2009, our net portfolio of $915 million (at fair value) consisted of 63 portfolio companies and was invested 61% in senior secured loans, ...
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Google Alert - secured loans

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Google News Alert for: secured loans

Frustrated farmers say 'help us now'
Greeley Tribune - Greeley,Colorado,USA
... to know if it will come in time because they can't get their loans, originated at a now-closed Greeley bank, secured at other credit-squeezed banks. ...
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What to expect in the Senate
msnbc.com - USA
The credit card companies are providing a valuable service by providing consumers non secured loans on demand. They should be able to charge what they want, ...
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UK Secured Personal Loans 2008 - companiesandmarkets.com adds new ...
PR-Inside.com (Pressemitteilung) - Wien,Austria
The collapse of the housing market has fed through to the second charge secured personal loan market. As house prices continue to fall, many secured lenders ...
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Bank of Granite Corp. Reports Operating Results (10-Q)
GuruFocus.com - Plano,TX,USA
The Bank's principal activities include the taking of demand and time deposits and the making of loans secured and unsecured to individuals associations ...
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Turning foreclosure victims into homebuyers again
Boston Globe - United States
With the help of Boston Community Capital, Quinn bought back his home for just under $200000 and secured a new, 30-year fixed mortgage, saving himself about ...
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10-Q: OLD SECOND BANCORP INC
MarketWatch (press release) - USA
In addition, a recent appraisal indicated that the loan to value ratio was approximately 69%. The $9.1 million of nonaccrual loans secured by undeveloped ...
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Obama's Hedge Fund 'Bullying' May Hurt Rescue Plan, Asness Says
Bloomberg - USA
"Useful programs, like those designed to help finance consumer loans, won't work because of this irresponsible hectoring." Asness said his firm wasn't ...
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10-Q: LTC PROPERTIES INC
MarketWatch (press release) - USA
... of $369.1 million or 83.2% invested in owned and leased properties and $74.7 million or 16.8% invested in mortgage loans secured by first mortgages. ...
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Unsecured Personal Loans: No more fear of Repossession
TMCnet - USA
Once you request for the loan and it is availed to you, no collateral pledge against the advanced loan amount is required. With unsecured personal loans, ...
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