Bank Retreat on Shipping Seen Filled by Private Equity: Freight - BusinessWeek

Bank Retreat on Shipping Seen Filled by Private Equity: Freight BusinessWeek That caused many banks to raise interest rates on loans, leaving many smaller and medium-sized shipping lines unable to service their debt. Net shipping loan losses at Stockholm-based Nordea, the world's No. 4 shipping lender, tripled to 135 million ... and more »

SMART MONEY: New owner obligated to pay loan - Daily Local News

SMART MONEY: New owner obligated to pay loan Daily Local News Since this loan was granted four years ago, in all likelihood it carries a higher interest rate than would be available competitively today. If your income is sufficient, you shouldn't have any problem refinancing the loan and getting a better rate.

Blackstone Said to Extend $2.65 Billion of La Quinta Debt - Bloomberg

Blackstone Said to Extend $2.65 Billion of La Quinta Debt Bloomberg ... interest rate, said a person with knowledge of the agreement. The private-equity firm has been working for the past year to restructure about $3.05 billion of debt, said the person, who asked not to be identified because the information is private. and more »

Misys Said to Make Changes to Financing for Vista Equity Buyout - BusinessWeek

Misys Said to Make Changes to Financing for Vista Equity Buyout BusinessWeek By Michael Amato on May 22, 2012 Misys Plc (MSY), a provider of banking enterprise software, changed the structure on $1.07 billion of loans backing its buyout by Vista Equity Partners LLC, according to a person with knowledge of the transaction. and more »

TEXT-S&P assigns Stockbridge/SBE 'B-' rating - Reuters

TEXT-S&P assigns Stockbridge/SBE 'B-' rating Reuters The release of the term loan proceeds is contingent on SLS raising $115 million in junior-priority debt with a blended cash interest rate not in excess of 6% within six months of the term loan closing. The escrow period can be extended by the borrower ...