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REVOLVING CREDIT AGREEMENT
Fed nominee Kevin Warsh's financial disclosures point to over $100 million in assetsKevin Warsh, the former Federal Reserve governor chosen by President Donald Trump to lead the central bank, has submitted financial disclos...
Thrasio files for Chapter 11 in bid to restructure its debtThe company, a Amazon.com Inc. seller, initiated the process in New Jersey, according to a filing dated Feb. 28. It is seeking to pay emplo...
Crypto firm BlockFi signs $250 million revolving credit agreement with FTXBlockFi has signed a term sheet with digital asset exchange FTX for a $250 million revolving credit facility, the cryptocurrency firm's chi...
Choice Hotels confirms acquisition of Radisson Hotel Group Americas for $675 millionChoice Hotels International on Monday announced the acquisition of Radisson Hotel Group Americas for $675 million. This is one of the bigge...
Coal India Ltd eases norms for coal supplies to non-regulated customers and IPPsState-run Coal India Limited (CIL) on Friday said it has relaxed norms for supplying the fuel to its customers of non-regulated sector by e...
Working capital loans to now come with withdrawal commitment & fees“The introduction of a mandatory loan requirement in working capital loans will provide the much-needed credit discipline,” said State Bank...
Bank treasury to get more flexibility in managing surplus cashThe RBI said large borrowers will have to stipulate a minimum level of 'loan component' in fund-based working capital finance to promote gr...
Tata Steel Ltd to refinance $5.4 billion offshore debtTata Steel Ltd said two of its indirect units had executed agreements to refinance and term out its international debt portfolio of $5.4 bi...
iGate to sell bonds worth Rs 1,990 crore, use proceeds to repay debtiGate in a statement today said: "It intends to offer, subject to market and other customary conditions, $ 325 million in aggregate princip...
Facebook signs $8 billion credit deal with lendersFacebook, which has at least 46 million active users in India, has secured credit deal worth a whopping $ 8 bn from a consortium of banks b...
- SingTel signs $3 bn credit facilities with international banks
The banks include Australia and New Zealand Banking Group, Deutsche, StanC, Bank of Tokyo-Mitsubishi, BNP Paribas, DBS and United Overseas ...
- Tata Steel in pact to raise 3.5 bn
Tata Steel has entered into an agreement with a consortium of 13 banks for raising $ 3.53 bn (Rs 25,000 crore) to refinance the loan it too...
- Tata Steel to raise थ्3.5 bn to refinance Corus loan
Tata Steel late on Wednesday said it has signed agreements for a £3.53-billion term loan to refinance the debt taken for its European opera...
- Tata Steel signs pact to raise 3.53 bn pounds
"Tata Steel today executed agreements for the refinancing of its European operations," the leading global steel major said in a filing to t...
- Delta draws on credit line
Delta Air Lines Inc said on Monday it has drawn $1 billion from a credit line to give it more financial flexibility as it heads toward comp...
- ICICI Bank, Korea Exim Bank sign $200 mn loan agreement
India's largest private sector bank ICICI and Export-Import Bank of Korea, an official export credit agency supporting Korean companies, on...
- Withholding tax needn't be deducted while making payment to foreign firm
If a transaction is entered into with a foreign company, when should tax be withheld at source in India in the hands of the foreign company...