Moody's reviewing Sinclair Broadcast for potential ratings upgradeOctober 9th, 2009 Moody's says Sinclair Broadcast may get upgradeNEW YORK — Moody's Investors Service on Friday put Sinclair Broadcast Group Inc. on review for a possible upgrade after it commenced a refinancing of its debt and came to a deal to renegotiate a local marketing agreement.
Watson Wyatt and Towers Perrin enter $500M credit facility to pave way for mergerOctober 9th, 2009 Watson, Towers Perrin enter $500M credit facilityNEW YORK — Management consulting firms Watson Wyatt Worldwide Inc. and Towers Perrin, which plan to combine in 2010, said Friday they will enter into a $500 million revolving credit facility.
Grubb & Ellis amends senior credit facility in part to defer partial prepayment of $27.3MOctober 1st, 2009 Grubb & Ellis amends senior credit agreementSANTA ANA, Calif. — Grubb & Ellis Co.
FairPoint says it hopes to restructure debt but still may have to file for Chapter 11September 30th, 2009 FairPoint in talks with lendersCHARLOTTE, N.C. — Troubled phone company FairPoint Communications Inc.
Engineering, construction company Shaw Group extends $1 bln credit facility to October 2012September 25th, 2009 Shaw Group extends credit facility to October 2012BATON ROUGE, La. — Engineering and construction company Shaw Group Inc.
Kimco Realty repays $145M credit facility debtAugust 27th, 2009 Kimco Realty repays $145M debtNEW HYDE PARK, N.Y. — Real estate investment trust Kimco Realty Corp.
Arch Coal amends, increases credit facility by $60 millionAugust 27th, 2009 Arch Coal increases credit facilityST. LOUIS — Coal producer Arch Coal Inc.
Ciber completes $155 million credit financing deal with multiple banksAugust 21st, 2009 Ciber completes credit financing dealGREENWOOD VILLAGE, Colo. — Ciber Inc., facing tougher terms on its borrowing, said Thursday it completed a 3-year, $155 million financing package led by Bank of America.
Nordstrom refinances, secures new $650 million credit facilityAugust 14th, 2009 Nordstrom refinances credit facilitySEATTLE — Nordstrom Inc. on Friday said that it has secured a new three-year $650 million senior unsecured revolving credit facility to replace a prior facility of the same size that was scheduled to mature in 2010.
Fannie Mae, AIG, Crocs, Leap Wireless, CBS, Beazer are among big market movers FridayAugust 7th, 2009 Fannie Mae, AIG, Crocs, Leap Wireless big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
Fannie Mae, down 13 cents at 66 cents
The government-sponsored mortgage finance company posted another huge quarterly loss and said it will tap $11 billion in new federal aid. Colonial BancGroup Inc., down 21 cents at 49 cents
The bank is under criminal investigation by the government over alleged accounting irregularities at its mortgage warehouse lending unit.
Commercial truck maker Paccar renews $2 billion credit facilityJune 26th, 2009 Paccar renews $2 billion credit facilityBELLEVUE, Wash. — Commercial truck maker Paccar Inc.
Belden to offer private placement of notes and amends credit facilityJune 24th, 2009 Belden to offer private placement of notesST. LOUIS — Belden Inc.
Bankruptcy judge gives final approval of Delphi's $250 million credit facilityJune 16th, 2009 Judge OKs Delphi's use of $250M credit facilityNEW YORK — A bankruptcy judge says Delphi can have access to a $250 million credit facility. U.S. Bankruptcy Judge Robert Drain on Tuesday gave final approval to the use of the credit facility, which will be provided by Delphi Corp.'s former parent General Motors Corp.
BP Prudhoe Bay enters $29.5 million settlement with BP ExplorationMay 13th, 2009 BP Prudhoe Bay enters $29.5M settlement dealNEW YORK — BP Prudhoe Bay Royalty Trust said Tuesday it entered into a $29.5 million settlement agreement with BP Exploration (Alaska) Inc., a unit of British oil company BP PLC. BP Exploration will pay the $29.5 million to the trust.
NBA approved for renewal of leaguewide credit facilityMay 5th, 2009 NBA approved for renewal of credit facilityNEW YORK — Lenders have renewed the NBA's league-wide credit facility, from which 17 of its teams have borrowed $2 billion since it was established in 2003. The NBA said on Monday that approval of the credit by a group of banks led by J.P.
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