Entries tagged "debt financing"

A worrying wall of zombie companies?

With Halloween right around the corner, the talk of zombies permeates the media landscape. The latest living dead are the portfolio companies of PE firms.

Cleantech fundraising is up. So why whine?

Cleantech companies griped to Congress that fundraising remains the key inhibitor to progress in the sector, but the latest numbers suggest otherwise.

CIT shares rise as talks intensify

Shares of CIT Group are rising as media reports say the company is in more advanced talks with regulators about guaranteeing its bonds before $1 billion in debt come due.

Debt loads spoil the fun for theme parks

Refinancing their debt has been a real thrill ride for amusement park operators.

KKR spending plenty on beer money

The private equity giant is paying a pretty penny to finance its $1.8 billion buyout of South Korea's Oriental Brewery.

Warner Music refinances debt with ear for M&A

Warner Music will sell $500 million in bonds with the aim of prepaying some secured debt, leading an analyst at Pali Capital to suggest a possible merger with EMI is in the cards.

Clear Channel hears bankruptcy's song?

Although broadcaster Clear Channel discounts bankruptcy chatter, the PE-owned company's debt load worries research firm CreditSights.

Canadian bond market thawing

The once-chilly bond market in Canada has thawed to the point that new issues since March 1 have exceeded those of the same period in 2008.

BusinessWeek: Facebook seeks $100M

After its credit line with TriplePoint Capital expired, Facebook is reportedly hunting for up to $100 million to pay for computers and other equipment to support its rapid growth.

Citi plays Santa Claus in South Korea

Citigroup Inc. delivered a belated Christmas gift of $800 million in new capital for its South Korean banking arm on Monday. The generous capital infusion is not what Citigroup needs to be taking on right now with its shaky financial situation, but the move might be a necessity to stave off its weakening South Korean arm as regional Asian banks, in general, are slumping as a result of the global economic downturn.  ...

US Airways secures nearly $1B in fresh financing

US Airways Group Inc. said Thursday it has boosted its cash reserve, raising about $950 million in financing and near-term liquidity commitments designed to help the airline weather a potential travel slowdown....

D-Day arrives for the BCE buyout

The moment of truth for the $51.5 billion leveraged buyout of Canadian telecom giant BCE Inc. will come Friday at 4:30 when the Supreme Court of Canada plans to announce its decision on whether the buyout unduly disadvantages existing debtholders. ...

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