Mortgage lender Caliber Home Loans postpones IPO
(Reuters) – Mortgage lender Caliber Home Loans Inc postponed its initial public offering (IPO) on Wednesday amid adverse market conditions arising from surging [...]
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France adds $23 billion scheme to aid measures for company finances
FILE PHOTO: French Economy and Finance Minister Bruno Le Maire wears a face mask during a press conference to present the details of [...]
France plans $23 billion state-backed scheme to avert company failures
PARIS (Reuters) – France plans to raise 20 billion euros ($23 billion) in quasi-equity loans for small firms hit by the coronavirus crisis [...]
Australia eases lending laws to boost coronavirus-hit economy; bank shares surge
SYDNEY (BLOOMBERG) – Australia’s government will loosen responsible lending laws in a bid to boost the flow of credit and help the economy [...]
Exclusive: ECB plots Amazon-style market to prevent Wall Street COVID debt swoop
FRANKFURT/NEW YORK (Reuters) – Europe is working on an Amazon-style website to sell hundreds of billions of euros of bank loans which have [...]
France to guarantee 3 billion euros in quasi-equity loans for SMEs
PARIS (Reuters) – The French government aims to guarantee 3 billion euros ($3.6 billion) in quasi-equity long-term loans to bolster the balance sheets [...]
China's outstanding loans to small businesses up 27.5% year-on-year by end-July
BEIJING (Reuters) – China’s outstanding loans to small businesses stood at 13.7 trillion yuan ($1.98 trillion) by the end of July, up 27.5% [...]
Genting Hong Kong suspends payments to creditors
HONG KONG (BLOOMBERG) – A cruise ship operator controlled by Malaysian tycoon Lim Kok Thay suspended all payments to creditors, triggering a 36 per [...]
UOL snags $120 million green loan to redevelop Pan Pacific Orchard hotel
SINGAPORE – UOL Group has secured a $120 million three-year green loan from United Overseas Bank (UOB) to redevelop the Pan Pacific Orchard [...]
Australia banks extend loan holiday as 800,000 defer payment
SYDNEY (BLOOMBERG) – Some of Australia’s biggest banks will extend the deferral of loan repayments for up to four months as the nation [...]