Report: BNP, Deutsche and HSBC Lead European Trade Finance
International trade finance among large Western European corporates is rising, with BNP Paribas, Deutsche Bank and HSBC as top providers, according to a new Greenwich Associates report.
International trade finance among large Western European corporates is rising, with BNP Paribas, Deutsche Bank and HSBC as top providers, according to a new Greenwich Associates report.
Wellington Financial announced a new $6 million venture debt financing to a Canadian-based provider of mobile software platforms. The funding will support the development and launch of a new product offering.
Heritage Equity Partners acted as the investment banker to Gaspari Nutrition in the sale of substantially all of its assets to a subsidiary of Total Produce, Allegro Nutrition.
CIT Group announced CIT Real Estate Finance provided a $19 million senior secured loan to Hayden Maguire Real Estate Fund I. Financing was provided by CIT Bank. Terms of the transaction were not disclosed.
Key Energy Services reduced the total commitments by the lenders under its credit facility from $550 million to $400 million. According to the company 8-K filing, JPMorgan Chase served as administrative agent.
Ernst & Young member firm EY Divestitures says the dynamics that made 2014 a record year for U.S. deal making will continue into the new year.
Bloomberg reported that banks underestimated LIBOR submissions long after probes began into allegations they were doing so, raising questions of whether lenders can be relied on to provide sound data for interest-rate benchmarks.
NiSource said it closed on a combined $3.5 billion of revolving credit capacity in three, five-year facilities. According to the company’s 8-K filing, Barclays Bank served as administrative agent.
Mesirow Financial won two Deal of the Year Awards by The M&A Advisor for its work in the AMR Corp restructuring and sale to US Airways, as well as its role as financial advisor to EMTEQ in its sale to BE Aerospace.
dELiA*s said it entered into an agency agreement with Hilco Merchant Resources and Gordon Brothers Retail Partners to liquidate all merchandise owned by the company and to depose of certain assets.