Icahn offers to underwrite $6 billion loan to CIT
Reuters via Yahoo! News
Carl Icahn, the famed corporate raider, accused finance company CIT Group Inc of trying to win support for its reorganization by overpaying for a new loan from some existing lenders.
AIG Provides $2 Billion for Aircraft Unit
Wall Street Journal
The aircraft leasing unit of American International Group Inc. said Monday its parent company had provided another $2 billion in government-backed funds to cover expiring commercial-bank debt. International Lease Finance Corp. already had s...
Before You Use Retirement Funds for Your Startup
BusinessWeek
Consider lenders who specialize in the trucking industry and who may lend you the money to get started with a loan secured against your truck. The U.S. Environmental Protection Agency sponsors a Web site that helps individuals find loans fo...
MGM studio CDS triggered by loan payment miss-ISDA
Reuters
... to make a payment due on its loan on Sept. 30, the International Swaps and Derivatives Association said on Monday. Privately owned Metro-Goldwyn-Mayer, home to a renowned film library including the James Bond movies, said this month it ...
Real Money: Capital Raisings, Property Financings
CoStar Group
Developers Diversified Realty Corp. obtained new first mortgage financing from Goldman Sachs Commercial Mortgage Capital. The $400 million, five-year loan is secured by a portfolio of 28 stabilized shopping centers. The company and Goldman ...
State Justice in Westchester Is Removed as Court Finds Loan Fraud
New York Times
... Alessandro declared that the $250,000 would be paid back in 30 days and would be secured by a residence in Valhalla, N.Y., that the brothers owned jointly, the decision said. After a lawyer for Justice Alessandro’s campaign warned that ...