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A service for banking industry professionals · Wednesday, April 16, 2025 · 803,870,022 Articles · 3+ Million Readers
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Credit Facilities News Monitoring

  • Published on 07:21 GMT

    Subscription Credit Facilities: Understanding the Collateral

    Subscription credit facilities, commonly referred to as “sub-lines” or “capital call facilities,” are a cornerstone of private equity finance. These facilities are secured by a bespoke collateral package that protects lenders in the event of default. …

    Source: JD Supra - California - Neutral
  • Published on 10:02 GMT

    United States v. Arguedas

    United States of America, Appellee v. Alexander Arguedas, aka Sealed Defendant 1, Defendant-Appellant* On Appeal from a Judgment of the United States District Court for the Southern District of New York. Defendant-Appellant Alexander Arguedas pled guilty …

    Source: New York Law Journal - Pending
  • Published on 15:48 GMT

    Florida House, Senate committees back condo law revisions tied to Surfside collapse

    Florida House, Senate committees back condo law revisions tied to Surfside collapse Copy Link Copy {copyShortcut} to copy Updated: 11:24 AM EDT Apr 16, 2025 With sponsors saying they are trying to ease financial strains on condominium owners, Florida House …

    Source: Gulf Coast News - Florida - Pending
  • Published on 14:35 GMT

    Groups call on President Trump to veto repeal of CFPB limits on unfair bank overdraft fees

    Overturning the CFPB’s Rule Will Hurt Families Struggling With the High Cost of Living   WASHINGTON DC – A group of consumer, economic justice and civil rights organizations sent a letter to the White House  today, urging President Trump to veto S.J. Res …

    Source: Consumer Reports - Pending
  • Published on 16:17 GMT

    Tale of missing funds: How Gensol’s Jaggi brothers siphoned Rs 262 crore

    Regulator Securities and Exchange Board of India (SEBI) has barred Gensol Engineering and its promoters, Anmol Singh Jaggi and Puneet Singh Jaggi, from the securities market. The action, through an interim direction, came in the wake of the regulator …

    Source: The Economic Times - Pending
  • Published on 13:16 GMT

    Kuwait's HEISCO gets $188 mln credit to fund projects

    Kuwait-based Heavy Engineering Industries and Shipbuilding Company (HEISCO) said on Wednesday it has signed an agreement with a local bank for a credit of around 57.1 million Kuwaiti dinars ($188 million). The Company said in a disclosure statement on …

    Source: Zawya - Indeterminate
  • Published on 10:10 GMT

    Advanced Technology and Infrastructure Set to Transform Bhutan’s Agrifood Sector

    Bhutan is poised to revolutionize its agrifood sector through the integration of advanced technologies and infrastructure, as outlined in the forthcoming Agrifood Sector Strategy 2034. The strategy aims to overcome persistent challenges such as rugged …

    Source: Business Bhutan - Neutral
  • Published on 16:16 GMT

    Sebi pulls Gensol’s plug; Wipro Q4 results

    Sebi has banned Gensol Engineering and its promoters from accessing the securities market. This and more in today’s ETtech Top 5. Also in the letter: ■ Honasa vs HUL ■ Explained: Why UPI fails ■ OpenAI eyes social Tale of missing funds: How Gensol’s Jaggi …

    Source: The Economic Times - Pending
  • Published on 11:00 GMT

    U.S. Energy Corp. Announces Acreage Acquisition and CCUS Development Update

    HOUSTON, April 16, 2025 (GLOBE NEWSWIRE) -- U.S. Energy Corporation (NASDAQ: USEG, “U.S. Energy” or the “Company”) today announced the closing of a strategic acquisition (the “Acquisition”) from a privately held company for $0.2 million, strengthening its …

    Distribution channels: Companies, Mining Industry ...
  • Published on 07:19 GMT

    How to settle credit card payments without extra charges? Find out

    A smart approach to managing one’s personal finances is to repay credit card debt while eliminating the possibility of additional fees. Though "settlement" typically refers to discussions with the credit card company to develop an alternative …

    Source: Mint - Neutral
  • Published on 06:46 GMT

    Zero Fintech Group Limited (Stock Code: 0093.HK) Announces Record-Breaking 2024 Annual Results

    By Zero Fintech Group Wednesday, 16 Apr 2025 2:30 PM MYT HONG KONG SAR - Media OutReach Newswire - 16 April 2025 - Zero Fintech Group Limited ("Zero Fintech" or the "Company", stock code: 0093.HK), a leading fintech innovator, is proud …

    Source: Malay Mail - Neutral
  • Published on Apr 15, 2025

    10 Ways Distributors Can Prepare for an Economic Downturn

    U.S. recession concerns are rising as markets suffer from tariff-driven uncertainty, consumer sentiment sinks with increasing prices, and, while the March jobs report was up over February, some economists warn that higher tariff-related unemployment could …

    Source: Modern Distribution Management - Neutral
  • Published on Apr 15, 2025

    Homebody Finance: Using your home’s equity

    The ingredients are there. Property values have been increasing, and your house is an asset. Considering how active the real estate scene has been in the past year, your home’s value as an asset may have increased, and it could be time to consider putting …

    Source: Prairie Village Post - Kansas - Neutral
  • Published on Apr 15, 2025

    Bills advance in Florida Legislature to ease financial burden on condo owners

    By CBS Miami Team April 15, 2025 / 5:30 PM EDT / CBS/News Service of Florida CBS News Miami Live Bills to help condo owners manage high costs from safety inspections and structural integrity reserve studies, required for condominium …

    Source: CBS 4 Miami - Florida - Neutral
  • Published on Apr 15, 2025

    6 Ways Being a Homeowner Improves Your Finances

    Becoming a homeowner can change your finances, including how much state and federal tax you must pay. Whether you’re a renter considering buying a home or want to make the most of a property you already have, we’ll review six primary ways being a homeowner …

    Source: ValueWalk - New York - Pending
  • Published on 02:41 GMT

    Welcome to PJM: Capital Power to acquire two natural gas plants, totaling 2.2 GW

    Capital Power Corporation is making its entry into PJM territory with a $2.2 billion purchase. The company announced that an indirect, wholly-owned subsidiary has entered into a definitive agreement with two subsidiaries of LS Power Equity Advisors to …

    Source: Power Engineering - Pending
  • Published on Apr 15, 2025

    Condo safety bills advance in Senate, House with changes to address cost concerns

    Bills to further shore up Florida’s condo safety laws are again advancing after undergoing changes in their most recent committee stops. The House bill (HB 913) by Miami Republican Rep. Vicki Lopez will next go to a floor vote. Its Senate analog (SB 1742) …

    Source: Florida Politics - Neutral
  • Published on 02:05 GMT

    MGM China secures US$3bln revolving credit facility with 60-month maturity

    Macau casino operator MGM China Holdings Ltd says it has arranged a revolving credit facility with a group of lenders, making available up to HKD23.40 billion (US$3.02 billion). The agreement took effect on Tuesday (April 15), and the maturity date is 60 …

    Source: GGRAsia - Pro-Government
  • Published on Apr 15, 2025

    Delaware dealerships weather industry storms

    International automotive tariffs may be grabbing headlines, but Delaware’s family-owned car dealerships appear to be considering tariffs as just another bump in the road. It’s a bump many would rather not have to hit, but leaders like Milford’s Charlie …

    Source: Delaware Business Times - Pending

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