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Energy Department Will Not Face Suit Over LoansCourthouse News ServiceBy GLYNIS FARRELL (CN) - A federal judge dismissed claims that the US Department of Energy illegally issued 26 unregulated loan guaranties to companies that ignore environmentally friendly alternatives for energy projects. |
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Ormet Reports First Quarter 2012 EarningsMarketWatch (press release)Covenants in the Term Loan and Security Agreement ("Term Loan") and the Amended and Restated Loan and Security Agreement ("ABL Facility") limit the Company's ability to make capital expenditures at its facilities. The limit for the year 2012 is $45.0 ...and more » |
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Market watcher & company news: David Shapiro - SasfinMoneyweb.co.zaLoan sharks - oops, unsecured loans - and fast-food restaurants on Moneyweb's menu tonight. ALEC HOGG: David Shapiro is in the studio as always. Good to have you here, Dave. It's been a busy day. I've been enthralled today by the different results that ...and more » |
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'Never-ending regret' over RI's $75M loan to Sox pitcherBerkshire EagleThe state's Economic Dev elopment Corp. offered a $75 million loan guarantee to lure Curt Schilling's 38 Studios to Providence. Two years later, the company defaulted on a $1.1 million payment to the corporation, Schilling has pleaded for additional ...and more » |
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Two area companies honored by SBARochester Business JournalCephas Capital has invested $70 million in 47 small companies, primarily in Upstate New York, since its founding in 1997, the SBA said. The MCIDC delivered 24 SBA 504 loans totaling $16 million to small businesses, a 33 percent monetary increase from ...and more » |
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MFIs find relief in loan securitisationBusiness StandardSecuritised microfinance loans are getting grades that are better than the ratings assigned to micro lenders selling these portfolios, say analysts and those in the sector. This has persuaded banks and non-banking finance companies to buy securitised ...and more » |
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Bankers seek more promoter fundsBusiness StandardPromoters of financially troubled companies may now have to put the money where their mouth is, if they want their loans restructured. After a series of loan recast exercises, in which banks have taken a hit (like in the cases of GTL Infra and ...and more » |
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Bankers talk tough on corporate debt revampHindu Business LineIndia Inc will soon find it tougher to get bank loans restructured. Banks are planning to tighten the norms on corporate debt restructuring (CDR). This move comes as some companies, whose promoters allegedly diverted bank loans to other businesses, ...and more » |
December 4, 2008
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