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

SMART MONEY: New owner obligated to pay loan Daily Local News By BRUCE WILLIAMS DEAR BRUCE: My father got a home equity loan four years ago. (I did not sign for the loan.) About $50000 was used over time, and the mortgage was paid off long ago. He gave me the house in 2010, and all the proper legal papers were ...

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 »

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. RLPC: Misys sets revisions on buyout loanLondon South East all 3 news articles »

Bank Vozrozhdenie net income grew 66% YoY to RUB 526 mln - MarketWatch (press release)

Bank Vozrozhdenie net income grew 66% YoY to RUB 526 mln MarketWatch (press release) Steady loan portfolio growth together with stable level of interest income supported further improvement of operating profit. Return on equity continues to expand and in Q1 2012 it reached 11.2%. We are closely involved into operating efficiency issues ... and more »

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

TEXT-S&P assigns Stockbridge/SBE 'B-' rating Reuters ... and have EBITDA coverage of total interest in the low-1x area. The $300 million of term loan proceeds will be placed in escrow for six months, along with sponsor equity sufficient to fund interest that accrues over the six-month period.