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Revolving credit
Chattanooga Chamber Speaker to Chair National Chambers Group and More Business News
Gillenwater appointed chairman of National Chambers Group
Christy Gillenwater, President and CEO of the Chattanooga Area Chamber, has been named Chair of the Association of Chamber of Commerce Executives (ACCE) Board of…
What to do when SoftBank says “Not for us!”
Comment this storyCommentTHG Plc, formerly known as The Hut, narrowly missed out on a $1.6 billion investment from SoftBank Group Corp. It's not easy to see how the e-commerce retailer, led by Matthew Molding, will be able to replace that…
US ENERGY CORP Entering into a material definitive agreement, completing the acquisition or…
Section 1.01 Entering into a Material Definitive Agreement.
The disclosures and information set forth in Section 2.01 below in connection with increasing the borrowing base are incorporated by reference into this Section 1.01 in their…
‘Scrub’: Unwanted buyout boom debt stuck in investment banks
Wall Street's trillion-dollar funding machine is jammed, creating a new hurdle for private equity titans who for years had easy access to credit. Tens of billions of dollars of debt remained stuck on banks' balance sheets due to…
KINSALE CAPITAL GROUP, INC. : Entering into a Material Definitive Agreement, Creating a Direct…
Item 1.01. Conclusion of a significant definitive agreement.
On July 22, 2022, Kinsale Capital Group, Inc. (the "Company") has concluded:
• a ticket purchase and private storage agreement (the “Ticket Purchase Agreement”)
with…
TGS Announces Second Quarter 2022 Results
Oslo, Norway (July 21, 2022) - TGS today released its interim financial results for the second quarter of 2022. Total revenue was $230 million in Q2 2022 compared to $72 million in Q2 2021. EBITDA was $197 million and operating…
David Y.Ige | HHFDC Press Release: Governor Ige Joins Ceremonies Marking Milestones for Two Maui…
HHFDC Press Release: Governor Ige Joins Ceremonies Marking Milestones for Two Maui Affordable Housing Projects
Posted on Jul 19, 2022 in Latest news from the department, Newsroom
Governor David Ige participated Tuesday, July 19, 2022 in…
Research: Rating Action: Moody’s Revises St. Joseph Energy Center’s Outlook to Negative…
Approximately $400 million of credit facilities affected
New York, July 18, 2022 -- Moody's Investors Service ("Moody's") has revised the outlook for St. Joseph Energy Center, LLC (SJEC or Project) from negative to stable and…
With Maybank, getting a loan isn’t as hard as you think
Editor's note: This content is sponsored by Maybank and produced by BrandRap, the sales and marketing arm of Rappler. No members of the news and editorial staff were involved in the production of this article.
“Paano kaya…
Clinton City Council moves forward with $2.7 million loan for sewer upgrades | New
The city of Clinton could potentially increase its debt — while completing a much-needed sewer upgrade —…
CPS Announces Renewal and Doubling of its Credit Facility | National
LAS VEGAS, Nevada, July 15 10, 2022 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS)…
ASB follows BNZ in signaling a hike in the variable mortgage rate
Kirk Hargreaves / StuffASB will increase its interest rate on variable rate loans, but is also increasing some deposit rates.ASB has become the second bank to report an increase in the cost of its variable rate mortgages. The bank…
Research: Rating Action: Moody’s downgrades Nautilus Power from B1 to B3, maintains negative…
No related data.
© 2022 Moody's Corporation, Moody's Investors Service, Inc., Moody's Analytics, Inc.…
Americans are getting new credit cards to keep up with 2022 inflation
Americans opened new credit cards in response to rising oil prices and inflation caused by the Russian invasion of Ukraine in February. According to the new Equifax data, banks issued 18.6 million new credit cards in the first three…
Today in Crypto: Celsius Hires New Lawyers
As part of its ongoing investigation, India's Directorate of Law Enforcement (ED) is looking into more detail into exchange violations committed by crypto firms, according to a July 6 report by the Economic Times.
Among those summoned were…
Expert: How to Play the Credit Score Game
If you know the rules of the game, you will win the game. With credit, the rules are not easy to understand because of the many algorithms used to rate a person.
1. Payment historyYour payment history, whether you…
KRAFT HEINZ CO: entering into a material definitive agreement, termination of a material definitive…
Item 1.01. Conclusion of a significant definitive agreement.
On July 8, 2022, Kraft Heinz Food Company ("KHFC") and The Kraft Heinz Company
(the “Company”) entered into a new credit agreement (the “credit agreement”) with JPMorgan Chase…
Research: Announcement: Moody’s Says Repayment of Red Ventures Term Loan with Proceeds of…
No related data.
© 2022 Moody's Corporation, Moody's Investors Service, Inc., Moody's Analytics, Inc.…
More Liquidation Coming Ahead of Crypto Market Recovery: Cumberland
Crypto trading firm Cumberland has weighed in on the current trend of centralized digital asset firms collapsing amid a deep liquidity crunch that is clouding the sector. This suggests that the immediate recovery of the…
Buy Now Pay Later joins list of subprime losers
Placeholder while loading article actionsIn each down cycle of the market, subprime mortgages appear. It may not take center stage, as it did during the financial crisis of 2007-2008, but it is still surfacing. When times are good,…
PBF Energy Reports Success – GuruFocus.com
PARSIPPANY, NJ, May 25, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today announced that its subsidiary, PBF Holding Company LLC, has successfully entered into a multi-year extension of its asset-based revolving credit facility…
DHI Group, Inc. enters Ne
CENTENARY, Colo., June 13, 2022 /PRNewswire/ -- DHI Group, Inc. (NYSE: DHX) ("DHI" or the "Company") announced today that it has entered into an amended and restated credit agreement increasing the size of a credit facility renewable $90…
Accepting Credit Announces Ex – GuruFocus.com
Southfield, Michigan, June 22, 2022 (GLOBE NEWSWIRE) -- Credit Acceptance Company (CACC) (hereinafter referred to as the "Company", "Acceptance of Credit", "we", "us" or "our") announced today that we have extended the maturity of our…
FuturePay Holdings Inc. Announces Partnership with Cross River for MyTab Platform
SOUTH JORDAN, UT/ACCESSWIRE/June 29, 2022/ FuturePay Holdings Inc. ("FuturePay"), a provider of digital revolving credit solutions, announced that it has signed an agreement with Cross River, a technology infrastructure provider that…
NewLake Capital Partners enters – GuruFocus.com
NEW CANAAN, Conn., May 09, 2022 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (the "Company" or "NewLake"), a leading provider of licensed cannabis real estate capital State Operators, today announced that it has entered…
The CFPB machine-guns the rent-a-banks
Hello and welcome to Protocol Fintech. This Monday: the CFPB against rent-a-banks, Binance's real deal flow and Goldman's Celsius movement.out of the chainFriday was a tough day to find fintech stories on social media. There was bigger…
Flex LNG Stock: Benefits from Supply Chain Disruption (NYSE: FLNG)
Автор/iStock via Getty Images Looking to profit from supply chain disruptions and inflation? With Europe turning away from Russian energy supplies, there has been a lot of disruption in the energy market, leading to higher prices.…
Critical Investigation: Peoples Financial (OTCMKTS: PFBX) vs. Penns Woods Bancorp (NASDAQ: PWOD)
Penns Woods Bancorp (NASDAQ: PWOD – Get a rating) and Peoples Financial (OTCMKTS: PFBX – Get a rating) are both small cap finance companies, but which is the better investment? We will compare the two companies!-->…
Pebblebrook Hotel Trust (PEB) acquires Newport Resort & Marina from Gurney in Newport, RI
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Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) announced today that on June 23, 2022, it acquired the 257-room AAA Four Diamond Gurney's Newport…
Research: Rating Action: Moody’s Changes Outlook on Hapag-Lloyd AG to Positive; Ba2 ratings…
Stockholm, June 22, 2022 -- Moody's Investors Service (Moody's) today affirmed the Ba2 family of companies (CFR) rating and the Ba2-PD probability of default (PDR) rating of Hapag-Lloyd AG ( "Hapag-Lloyd"). The senior unsecured…
City Snapshot: Supermarket Sales Show Recovery Amid Soaring Inflation | New
top story
Supermarket sales have fallen 1.9% over the past 12 weeks, despite inflation hitting its highest level since 2009.
On-the-go grocery sales fell 1.9% in the 12 weeks to June 12, according to the latest Kantar on-the-go grocery…
COUCHE-TARD FOOD LAUNCH – GuruFocus.com
LAVAL, QC, May 9, 2022 /PRNewswire/ - Alimentation Couche-Tard Inc. ("Couche-Tard" or the "Company") (TSX: ATD) announced today that it has established a commercial paper program in the United States (the "Program of American commercial…
Raketech expands credit facility – Digital Journal
TRIQ I-IMSIDA IL-GZIRA, MT /ACCESSWIRE /June 17, 2022/ Raketech (STO:RAKE)
Raketech, the iGaming performance marketing partner, today announced that the company has extended its €15 million revolving credit facility with Avida Finans AB…
Head to Head: Penns Woods Bancorp (NASDAQ:PWOD) vs. First Community Bankshares (NASDAQ:FCBC)
Penns Woods Bancorp (NASDAQ: PWOD – Get a rating) and First Community Bankshares (NASDAQ: FCBC – Get a rating) are both small cap finance companies, but which business is superior? We'll compare the two companies!-->…
Entain agrees to acquire BetCity – M&A
Entain has reached an agreement to acquire Dutch sports betting and online gaming operator BetEnt, trading as BetCity, from Sports Entertainment Media.
Under the agreement, Entain will pay an initial €300m (£257m/$313m) in cash upon…
“Another year of strong revenue and profit growth” for Gateley
Gateley, the legal and professional services group, hailed a "good performance above market expectations" in a business update for the year ended April 30, 2022.
Revenue rose to around £137m, up 13% on the previous year (£121.4m), while…
How Americans are adjusting to soaring inflation: NPR
A customer shops at a grocery store in San Rafael,…
Live updates: NatWest chief sees ‘strong’ demand for mortgages despite soaring inflation…
Alison Rose, CEO of NatWest © Bloomberg
Alison Rose, chief executive of NatWest, said demand for mortgages "continues to be strong" and there were no "signs of stress" in the bank's…
SimCorp A/S Ties New Revolving Credit Facility to ESG Objectives for…
As a tool to drive efforts to achieve our goals, the Facility Interest Margin will be adjusted based on our ability to achieve well-defined progress on four strategic sustainability KPIs over a…
Mastercard: real-time data hurts bill payments
If there is one universal experience in everyday financial life, it is paying bills.
And yet, although we've all gone online, most of us have written checks and measured cash flow against what's owed - and the experience is fragmented at…
Momentum credit opens a 12th branch in Machakos
NAIROBI, Kenya June 6 – Momentum Credit – a non-depository financial institution, has opened its 12th branch in Machakos County to continue offering working capital solutions to individuals and SMEs!-->…
Shore Community Bank (OTCMKTS:SHRC) vs. Amerant Bancorp (NASDAQ:AMTB) Head-to-Head Review
Shore Community Bank (OTCMKTS: SHRC – Get a rating) and Amerant Bancorp (NASDAQ: AMTB – Get a rating) are both finance companies, but which is the superior investment? We'll compare the two companies based on!-->…
What are the requirements for a HELOC? – Forbes Advisor
Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors.
A home equity line of credit (HELOC) can be a…
Is its attractive valuation misleading?
I am neutral on Rio Tinto (Rio) as its attractive dividend yield and strong recent results are offset by its cyclicality and lackluster demand outlook.
Rio Tinto is a major global miner extracting primarily iron ore. The company also…
Bluefield Solar raises £150m to replenish revolving credit facility
June 1 (Renewables Now) - Bluefield Solar Income Fund Ltd (LON:BSIF) today announced that it has raised approximately £150 million ($189 million/€176 million) in gross!-->…
Retail specialist agrees Realty to raise up to $395 million through common stock offering
Agree Realty Corporation has priced a public offering of 5,000,000 common shares at a public offering price of $68.65 per share under forward sale agreements with Citigroup and Wells Fargo Securities, who acted as underwriters and…
MANPOWERGROUP INC. : Entering into Material Definitive Agreement, Termination of Material…
Section 1.01 Entering into a Material Definitive Agreement
On May 27, 2022, Manpower Group Inc. (the "Company") has entered into a credit agreement (the "Credit Agreement") with a syndicate of lenders and JPMorgan Chase Bank, North…
LENNAR CORP /NEW/: Entering into a Material Definitive Agreement, Creating a Direct Financial…
Section 1.01 Entering into a Material Definitive Agreement.
On May 23, 2022, Lennar Society (the "Company") has amended and restated the credit agreement governing its unsecured revolving credit facility (the "Credit Facility") in order…
HEICO CORP MANAGEMENT REPORT AND DISCUSSION OF FINANCIAL POSITION AND OPERATING RESULTS (Form 10-Q)
Insight
This discussion of our financial condition and results of operations should be
read in conjunction with our condensed consolidated financial statements and
notes thereto included herein. The preparation of consolidated financial…
Huntsman (HUN) Announces $1.2 Billion Revolving Credit Facility – May 23, 2022
Hunter's Society (Quick quote HUNHUN - Free Report) recently announced that its wholly owned subsidiary, Huntsman International LLC, has entered into a new $1.2 billion sustainability-related senior unsecured…
Phillips Edison & Company raises unsecured revolver to $800 million
Phillips Edison & Company, Inc. (Nasdaq: CEE) (“PECO” or the “Company”), one of the largest owners and operators of grocery-anchored omnichannel neighborhood shopping centers, today announced that it has amended its credit facility…
AM Best Assigns Issue Credit Ratings to UnitedHealth Group Incorporated Senior Unsecured Notes
OLDWICK, NJ, May 18, 2022--(BUSINESS WIRE)--AM Best has assigned long-term credit ratings (long-term IR) of "a" (Excellent) to UnitedHealth Group Incorporated (UnitedHealth Group) (Minnetonka, MN) recently issued $600 million of 3.7%…
Hancock Whitney (NASDAQ:HWC) vs. Byline Bancorp (NYSE:BY) Financial Investigation
Hancock Whitney (NASDAQ:HWC – Get a rating) and Byline Bancorp (NYSE: BY – Get a rating) are both finance companies, but which company is superior? We'll compare the two companies based on valuation strength,!-->…
Chicago Atlantic Real Estate Finance increases its revolving credit facility to $65 million
Chicago Atlantic LincolnLLC wholly owned financing subsidiary of Chicago Atlantic Real Estate Finance, Inc. REFIhas entered into an amended and restated loan and security agreement by and between Chicago Atlantic Lincoln and two…
How to Reduce Your Debt as U.S. Credit Debt Approaches an All-Time High
Knoxville, Tenn. (WATE) — If you've been using your credit card a lot lately, you're one of the millions who have racked up debt at record rates. In a few months, there is a good chance that the total credit card balance of people…
Information breakfast; American resilience defies bears so far
Here's our roundup of the weekend's main economic events affecting New Zealand with news that the US economy is showing continued signs of resilience, although more and more analysts believe they may see a slowdown. arrive soon.
The US…
8 Credit Score Myths That Could Hurt Your Chances of Getting a Loan
Are you planning to apply for a loan soon? You are in good company. In 2020, there were 22.7 million home loan applications, according to the Consumer Financial Protection Bureau. Meanwhile, Experian says auto loans hit a record high of…
DT MIDSTREAM, INC. Management’s Discussion and Analysis of Financial Condition and Results of…
The following discussion of our results of operations and financial condition
should be read in conjunction with our Consolidated Financial Statements and the
Notes to Consolidated Financial Statements, which are included under Part I,…
Treace secures up to $150 million in debt financing
PONTE VEDRA, Fla., May 02, 2022 (GLOBE NEWSWIRE) -- Treace Medical Concepts, Inc. ("Treace" or the "Company") (Nasdaq: TMCI), a medical technology company driving fundamental change in the surgical treatment of hallux valgus (commonly…
X Financial (NYSE:XYF) Short Interest Update
Financial X (NYSE: XYF – Get a rating) benefited from a sharp fall in short-term interest rates in April. As of April 15, there was short interest totaling 52,100 shares, down 32.3% from the March 31 total of!-->…
PROG (NYSE:PRG) raised to “hold” at Zacks Investment Research
PROG (New York Stock Exchange: PRG – Get a rating) has been updated by Zacks Investment Research from a "sell" to a "hold" rating in a note issued to investors on Saturday, Zacks.com reports.
According to Zacks,!-->…
Child tax credit: Advocates propose new way to extend monthly payments for parents
With child tax credit payments expiring, CBPP policy analysts have suggested a new way for state governments to support families financially. (iStock) When Congress passed the US bailout last spring, the maximum Child Tax Credit…
Results for the first quarter of 2022 of the Iveco group
The following is an excerpt from the "Iveco Group 2022 First Quarter Results" press release. The full press release is available by visiting the media section of the Iveco Group corporate site:…
Bank of America doesn’t expect a recession in 2022. Here’s why
Although Goldman Sachs economists recently raised their estimate of the risk of a recession to 35% over the next 24 months, and other experts believe it could happen even sooner, Bank of America (BAC -3.47% ) economists seem…
Rbi publishes new guidelines for credit and debit cards. Highlights
Card issuers are banks that issue debit or credit cards and NBFCs that have been authorized by RBI to issue credit cards in India.
A credit card is a physical or virtual payment instrument containing a means…
Why is everyone talking about Delta Air Lines stocks?
Since the pandemic hit in 2020, the airline industry has taken a heavy hit. Travel was interrupted and flights were canceled as closures were imposed everywhere. The industry had to bear huge losses. But…
Builds on the pros and reduces the cons of buy it now, pay later, and credit cards
The goal of any e-commerce merchant when providing a payment method is to make online transactions as simple and convenient as possible for customers. This increases the average order value and reduces cart abandonment.…
How does credit monitoring work? Protect yourself from potential scammers
In the United States, every time you apply for a loan, open a credit card, or even start a new job, information is posted to your credit report. These reports tell lenders, utility companies, and potential employers how well you can…
NEWPOINT FINANCIAL CORP Management’s Discussion and Analysis of Financial Condition and…
The following analysis highlights the major factors that have affected our financial condition and results of operations as well as our liquidity and capital resources for the periods described. This discussion should be read in…
9F (NASDAQ:JFU) vs. Lufax (NYSE:LU) Financial Contrast
9F (NASDAQ: JFU – Get a rating) and Lufax (NYSE: LU – Get a rating) are both finance companies, but which is the better stock? We'll compare the two companies based on valuation strength, earnings, dividends, risk,!-->…
Gold Loan: Low Cost Option and Barless Credit Score, Experts Say
Gold lending is currently the fastest growing category of lending (among the different types of lending to…
Cultural district wins $4 billion green loan
The West Kowloon Cultural District Authority has announced that it has signed a HK$4 billion sustainability-linked loan with a syndicate led by the Hongkong and Shanghai Banking Corporation and Standard Chartered Hong Kong.Proceeds from…
Americans are seeing a sharp rise in credit card debt
(LEX 18) - New data from the Federal Reserve shows that Americans are racking up more debt than at any time in the past decade. In February, consumer debt jumped nearly $42 billion, including a jump of more than 20% for revolving…
New solar garden will pay tribute to clean energy champion Adam Palmer
Community partners including Eagle County, Holy Cross Energy, the Walking Mountains Science Center and the Adam Palmer Sustainability Fund have come together to honor the legacy of Adam Palmer, the late County!-->…
Action by natural resources partners: the upside remains limited (NYSE: NRP)
Vera Shestak/iStock via Getty Images Introduction In the event of a calendar rewind to early 2021, distributions from natural resource partners dependent on thermal coal (NYSE: NRP) seemed to be living on borrowed time, as my previous…
School Loan Fund Interest Rate Dropped to 1.19% | News, Sports, Jobs
By journal staff
LANSING — The interest rate on the School Loan Revolving Fund was recently reduced to 1.19%, saving local school districts about $8 million in interest.…
KKR & CO. INC. : Entering into a Material Definitive Agreement, Terminating a Material…
Section 1.01 Entering into a Material Definitive Agreement.
The information set out in Section 2.03 is incorporated by reference into this Section 1.01.
Section 1.02 Termination of a Material Definitive Agreement.
The information set…
US consumer debt levels hit $4.48 trillion
U.S. consumer debt levels beat economists' expectations in February, climbing nearly $42 billion to a total of nearly $4.5 trillion, according to the Reserve's consumer credit report. Federal released Thursday. File photo by…
Sri Lanka in ‘restricted’ coverage category: ECGC to watch
After Russia, the public sector ECGC Ltd, which provides credit risk insurance and related services for exports, has placed Sri Lanka, which is going through its financial crisis, in Restricted Coverage Category - I (RCC- I).
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GGRAsia – Sands China draws $201m from revolving facility
Sands China draws $201m from revolving facility
…
CARS Announces Chief Financial Officer Transition; appoints Jandy Tomy interim CFO | News
The company reaffirms its outlook for the first quarter and full year 2022CHICAGO, April 4, 2022…
HE Abdulla Bin Touq Al Marri Chairs First Etihad Credit Insurance Board Meeting of 2022
His Excellency Abdulla Bin Touq Al Marri, Minister of Economy of the United Arab Emirates and Chairman of the Board of ECI, chairing the first meeting of the Board of ECI in 2022…
Redbox lays off 10% of workforce, considers ‘a number’ of ways to cut costs, citing…
Redbox, which went public via a SPAC last year, said it would lay off 150 employees, or about 10% of its workforce. In a filing with the SEC, the company said "a number of potential strategic alternatives with respect to the…
Encore Capital Group, Inc. Amends and Expands its Global Senior Facility | News
SAN DIEGO, March 31, 2022 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international…
Stanford Ponzi scheme, did banks promote fraud breaching fiduciary duty?
In Rotstan c. Trustmark Nat'l Bank, the plaintiffs sued banks for assisting Stanford and its entities regarding a Ponzi scheme. No. 3:09-CV-2384-N, 2022 US Dist. LEXIS 10332 (ND Tex. Jan. 20, 2022). Stanford and entities…
HyreCar expected to rekindle growth and meet near-term capital needs (NASDAQ:HYRE)
halbergman/E+ via Getty Images Two weeks ago, niche car-sharing service provider HyreCar (NASDAQ: HYRE) released uninspiring results for the fourth quarter and full year 2021, as the company continues to struggle with an insufficient…
X1 Credit Card Review 2022: Can It Help You Boost Your Credit?
GOBanking Rates Score
Quick!-->!-->…
Gates Announces Secondary Offering Price of 5,000,000 Common Shares
DENVER, March 24, 2022 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE: GTES, "Gates" or the "Company") today announced the price of the previously announced secondary offering of 5,000,000 shares of common stock by certain…