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...These debts include mortgages and loans for cars, rental equipment and yachts....
...Discover would have been more difficult to get through regulators than the tie-up Discover ultimately struck with Capital One last month, because JPMorgan is already the biggest US credit card lender by loans...
...Public records show that the Delaware-registered entity Son used to buy the property, SV Projects LLC, mortgaged the house to secure a ¥10bn loan — worth $92mn at the time — from Japanese bank Mizuho to...
...UBS has agreed to sell $8bn worth of loans to private capital group Apollo as part of a renegotiated deal to hive off a Credit Suisse business that securitised loans for assets such as yachts....
...The formation of CLOs [collateralised loan obligations, the main buyer of leveraged loans] started coming back in November, December and January....
...Its loan is convertible into Viavi stock at $10.22. Viavi’s stock opened higher than that on Tuesday....
...Here’s a telling Barclays chart from a great post Alex wrote last week on the ∾ cough ∾ curiously divergent marking of some BDC loans....
...Roughly $10bn of so-called private credit loans have been refinanced in public markets, as borrowers pay down burdensome loans in favour of a cheaper alternative, according to data from Bank of America....
...While it has a credit card loan book of $137bn, it also has issued a significant volume of auto and commercial loans....
...Last week, it announced it had made a new loan to executive networking company World 50 and while filings show it was already a lender to the company, a person close to Barings described it as a “net new...
...Amer said in its filing that it intended to use the proceeds of any transaction to pay off outstanding shareholder loans....
...Banks could be at risk too; lower rates would pinch net interest margins, already at record lows, without doing much to curb the pipeline of bad property loans....
...the loan....
...Mobileum in December failed to make an interest payment on a portion of $540mn in floating-rate term loans....
...It had handled the issuing of most of Ant’s securities that were backed by its online loans. However, regulators have still not approved Ant’s application....
...The $552.5mn funding is in the form of a secured loan to law firm Pogust Goodhead, and is the largest ever to a UK law firm in the nearly $16bn litigation funding market....
...Private equity firms are also using margin loans to conjure cash....
...Gramercy has made a big push into asset-backed loans that he said offer higher yields and provide better protection in the event of defaults....
...Separately, it paid a $25mn penalty to the CFPB related to private student loan servicing practices. “Capital One is a healthy, well-managed, well-capitalised bank....
...Relying on NAV loans is not without its risks....
...The media group emerged from receivership after six months in the hands of its lender Lloyds Banking Group after the family used cash provided by RedBird IMI to pay off its bad loans....
...Hanig notes that the premium is larger for smaller loans. For half-billion-dollar loans where the likes of Apollo, Ares and KKR bid, he doubts whether there are excess returns to be had....
...The case centred on alleged financial assistance the bank gave to Qatar through a $3bn loan for acquiring shares directly or indirectly in a Barclays fundraising....
...Cash from DIP loans is used to pay executives, lawyers and bankers....
...It ultimately turned to Goldman Sachs for the NAV loan and used those proceeds to pay off the junior loan....
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