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Fitch Ratings has upgraded and removed from Rating Watch Positive Transamerica Finance Corp.'s (TFC) senior debt to 'AA-' from 'A' and subordinated debt to 'A+' from 'A-'. Fitch also affirmed TFC's 'F1+' commercial paper (CP) rating. The subordinated debt rating...
Lesco Inc. (Nasdaq: LSCO) has completed the restructuring of its debt. Lesco said the restructuring includes the sale, for US$58…
#bank#bank loan#conference
Mizuho Corporate Bank, a unit of Mizuho Financial Group Inc., has formed an alliance with the Bank of China in…
#bank#Bank of China#receivables
In December, Mizuho Corporate Bank, a unit of Mizuho Financial Group Inc, will begin buying Chinese receivables from Japanese companies…
#bank#banks#receivables
Jewellery-store chain Friedman's Inc. said Thursday (2 October)the U.S. Justice Department is investigating a dispute over accounts receivable. Nearly three…
#account receivables#receivables
Ingram Micro Inc. expects to record a third-quarter charge of up to $20 million (approximately $13 million net of tax)…
Bombardier Inc. could see up to $150-million shaved off the $1.23-billion price being paid for its recreational products division. The…
Braskem S.A, leader in the thermoplastics segment in Latin America and among the five largest Brazilian privately-owned industrial companies, today…
Troy Parker, and Kristine Parker, were indicted by a federal grand jury in Cleveland on charges of conspiracy, mail fraud…
#receivables#Two#WHO
Hall, Kinion & Associates, Inc. (Nasdaq: HAKI), The Talent Source®, announced today that it signed an agreement for a $16.0…
The Bank of Japan (BoJ) is to kick-start the development of an asset-backed securities market for small businesses to give…
#bank#liquidity#receivables
John Tulin, President of Swank, Inc. reported the net sales and operating results for the company's first quarter. Net sales…
#bank#interest#interest rate
Fingerhut Direct announced today that it has negotiated a $100 million senior secured line of credit comprised of a revolving…
#acquisition#CIT#receivables