MONTERREY, Mexico -- Fitch Ratings has assigned a rating of 'BBB' to Grupo Bimbo, S.A.B. de C.V.'s (Bimbo) proposed senior notes issuance up to USD800 million due 2022. Proceeds of the issuance are...
HOUSTON -- Vanguard Natural Resources, LLC (NYSE: VNR) (the "Company") today announced that it has commenced a public offering of 7,137,255 common units representing limited liability company interests in the Company, of which...
CHICAGO -- Fitch Ratings has assigned a long-term Issuer Default Rating (IDR) of 'BBB-' to Volcan Compania Minera S.A.A. (Volcan) and a 'BBB-' rating to its proposed senior unsecured notes up to USD600...
SALT LAKE CITY -- American Express and U.S. Bank, the lead bank of U.S. Bancorp (NYSE: USB), have joined forces to spur business growth in economically challenged communities and provide jobs for at...
LexLoan Services to Provide Fast, High Quality Closing and Related Services in the U.S. and Europe OVERLAND PARK, Ks. -- UnitedLex, a global full service provider of technology-powered legal and business solutions, today...
LOS ANGELES -- Rentech, Inc. (NYSE AMEX: RTK) today announced that it has provided Rentech Nitrogen Partners, L.P. (NYSE: RNF) with a commitment to make an unsecured loan of up to $40 million,...
LOS ANGELES -- Rentech Nitrogen Partners, L.P. (NYSE: RNF) today announced that it has secured a bridge loan of up to $40 million from Rentech, Inc. (NYSE AMEX: RTK), and has entered into...
HEADNOTE Clear-eyed executives like EJ. Burke helped guide KeyBank Real Estate Capital smoothly through the turmoil of recent years. Now the bank's commercial real estate finance group is growing again and posting profits....
In 2005, E.J. Burke was asked to take over the real estate finance unit of Cleveland-based Key Corp. Officially, he would become executive BBI vice president of KeyBank Real Estate Capital (KBREC), the...
What makes a prediction a good one? Like any announcement that must compete for attention in the public sphere, the predictions that gather the most notice are the strangest or the boldest, or...
HAMILTON, Bermuda -- Credit Agricole Securities (USA) Inc today announced the placement of CAD 120 million of notes issued by Vecta I Ltd. ("Vecta"), marking the first securitization of Canadian life insurance embedded...
BUENOS AIRES, Argentina -- Fitch Ratings has affirmed the foreign currency Issuer Default Rating (FC IDR) of Empresa Nacional de Petroleo (ENAP) at 'A', its national scale rating at 'AAA(cl)' and its short-term...
Small Increase In Credit Spreads Offset By Lower Treasury Yields BOSTON -- The aggregate value of Commercial Real Estate (CRE) loans priced by DebtX that collateralize CMBS decreased to 85.2% as of November...
Industry veterans Tomi Beck, Travis Graves to serve local communities FRANKLIN, Ky. -- Churchill Mortgage, a leader in the mortgage industry providing conventional, FHA, VA and USDA residential mortgages across 25 states, announced...
WASHINGTON -- Treliant Risk Advisors, a compliance and strategic advisory firm specializing in the financial services industry, announced today that it has expanded its mortgage industry, compliance, fair lending, and operational risk teams...
By Pearl Bantillo SINGAPORE (ICIS)--The global petrochemical industry will face a tough market next year, when demand slows down in line with weaker overall consumption, with recovery expected only about two years down...
QP closes Barzan financing with equity, syndicated loan; Project will supply the country's domestic gas needs; First production line to become operational in 2014 Qatar Petroleum (QP) has completed a $10.4 billion financing...
DALLAS -- ORIX Leveraged Finance announced today the closing of a senior debt facility to J.McLaughlin. Proceeds were used to finance the previously announced acquisition of J.McLaughlin by private equity sponsors JH Partners,...
Successful residential mortgage lender sets new company records in spite of recession BRENTWOOD, Tenn. -- Churchill Mortgage, a leader in the mortgage industry providing conventional, FHA, VA and USDA residential mortgages across 25...
Vitran Corp. said it will be opening a new distribution center in Tacoma, Wash., in April. The motor carrier also said that it has closed two previously announced credit agreements, replacing a credit...