Hints and tips:
...“The directors considered it unlikely that there would be any breaches to the financial covenants contained with the senior facilities agreement and the bond note in the 12 months from the date of signature...
...Bremont’s biggest undertaking has been to bring watchmaking back to Britain with a 35,000 sq ft wing-shaped facility in Henley-on-Thames that opened in 2021 and is reported to have cost the company £20mn...
...It is providing Blackstone credit facilities to manage daily working capital, but it will not give seller financing, the people said....
...Wall Street games a Fed rescue Banks are tapping a rescue facility set up by the Federal Reserve in record numbers, despite the fact they are not under immediate stress, the Wall Street Journal reports....
...The alternative — raising incremental debt capital from the company’s existing lenders — might cause its entire facility to be repriced, something worth avoiding in today’s rate environment....
...The deals have taken several different forms, but often a company will move some assets — perhaps a manufacturing facility or real estate portfolio — to a subsidiary or new special purpose vehicle....
...According to BCC, Catfoss paid Greensill a £10.4mn structuring fee out of a lending facility that only amounted to £15.3mn, which was “in excess of any fee that would be negotiated by parties in a bona fide...
...From the beginning of 2021 to the third quarter of last year, the Blackstone Real Estate Income Trust, or Breit, acquired roughly $60bn of property, including hotels, warehouses and self-storage facilities...
...But the KKR lending facility is in total €3bn reflecting how much of these loans would ultimately be outstanding at any given time....
...Among the other sweeteners, there’s a $250mn paydown of HSF’s revolving credit facility to address interest cost, which for obvious reasons have gone stratospheric in recent years, and reduced management...
...It needed the money after burning through $95mn in cash last quarter amid a sales slump and as some of its credit facilities were expiring....
...The deal centred on separating its AmSurg surgical facilities from its physician practices and borrowing new money against those facilities....
...Debenhams was carrying about £720m of debt when FRP was appointed, including a £200m facility provided by the hedge funds....
...Here, debt sales, operating cash flow, the sale of MGM and the credit facility position BREIT well to withstand two years of maximum outflows....
...But the facilities are short term and at least pretend to solve an actual problem....
...limit underscores the risks wealthy individuals have taken by investing in Blackstone’s mammoth private real estate fund, which — after accounting for debt — owns $69bn in net assets, spanning logistics facilities...
...PSSI provides cleaning services at 400 meat processing plants and other industrial facilities, and officials said there was “reason to believe” similar violations were “occurring throughout the country”....
...A revolving credit facility and term loan covering a portion of the debt is being led by RBC Capital Markets, Wells Fargo and SMBC....
...Originally built in 2016 for trials involving terrorists and mobsters, the facility is located five meters underground and protected by a bombproof ceiling....
...Carlyle chief executive Kewsong Lee highlighted investment in liquefied natural gas export facilities and pipelines as particular areas of opportunity for the Washington-based private equity group....
...Some private equity funds also have their own credit facilities, called “subscription lines”, which give them the ability to invest and strike deals without immediately drawing capital from their limited...
...Lake Nona Fund / LN Sports & Health Tech Fund I, LP . . . Exponent Founders Capital I, LP . . . SH Fund, LP . . . Curated [chef recommends] . . . Race Capital II, LP . . ....
...The facility was set up in just 48 hours and is expected to increase to $2bn once syndication to a wider group of lenders has been completed....
...In Los Angeles, demand for locations to shoot TV shows vastly outstrips supply: churches, abandoned malls, industrial warehouses and even a former Ikea store have been repurposed into production facilities...
...sites are open this summer, including playgrounds, swimming pools and even facial treatments, according to its website, and it has introduced disinfectant stations and limits on the numbers of people using facilities...
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