M2 EQUITYBITES-April 23, 2012- (C)1994-2012 M2 COMMUNICATIONS http://www.m2.com
BANKING AND CREDIT NEWS-May 21, 2010- (C)2010 M2 COMMUNICATIONS http:// www.m2.com May 21, 2010 - Deutsche Bank AG (ETR:DBK) and US wind power projects developer National Wind LLC said that the senior secured funding facility for the latter has been successfully wrapped up.
The five-partner team at Higgs & Sons provides a 'first-rate service'. It acts for names such as McDonald's, Avis Rent a Car, and London and Cambridge Properties, one of the UK's largest private landlords, and also has considerable expertise in property financing, advising clients such as RBS and National Westminster Bank. The 'thoroughly professional and pleasant' Sara Shepherd and Peter Coleman are hi1ghly recommend1ed. Knights Solicitors LLP's property practice is 'City standard' but with 'the fees and accessibility to fee-earners of a provincial practice'. It advised on the acquisition of 15 industrial, retail and commercial sites for investment clients (value approx. pounds 65m), and has a notable mines and minerals practice.
BANKING AND CREDIT NEWS-September 8, 2010- (C)2010 M2 COMMUNICATIONS http://www.m2.com September 2010 US lender Zions First National Bank has extended a USD15m (EUR11.7m) debt facility to Amedica Corp, the orthopaedic implant firm said.
MOTORISTS could be charged to drive on a busy South Wales road to help fund safety and capacity improvements, a transport expert has suggested. In a report to AMs, the National Assembly's research service warned a "strategic approach" to financing, such as so- called road pricing, could be needed. Tim Shallcross, Wales officer at the Institute of Advanced Motorists, believes it's unlikely politicians would have the nerve to introduce road pricing purely to raise funds for transport projects.
EQUITYBITES-(C)2010 M2 COMMUNICATIONS Investment banking holding company National Holdings Corporation (OTCBB:NHLD) said on Thursday that it has completed a USD1.7m financing of subordinated convertible promissory notes with new investors together with certain senior managers and board members.
PRIVATE finance initiatives were the brainchild of Tory peer Lord Lamont, but this has not stopped the arrangements coming in for intense criticism by the coalition Government. Chancellor George Osborne stated yesterday: "We have consistently voiced concerns about the misuse of PFI in the past and we have already taken steps to reduce costs and improve transparency." The Treasury has announced a review of the way major public sector projects are financed. Both the National Audit Office and the Treasury Committee have stated that the rising cost of financing public sector debt indicates that PFI does not represent value for taxpayers' money. PFI involves private enterprises and consortiums signing an agreement to finance, build and run facilities.
BANKING AND CREDIT NEWS-May 21, 2010- (C)2010 M2 COMMUNICATIONS http://www.m2.com May 21, 2010 - Singapore's Islamic Bank of Asia has extended a USD45m (EUR35.6m) Sharia-compliant loan to Qatar National Cement Company (DOH:QNCD), the latter said.
At the end of the Cold War many of Britain's top brass believed the country's nuclear deterrent, whose prohibitive expense they have always resented, would become unnecessary. But the failure of the West's post-Cold War nuclear proliferation policy has meant that even an unmartial politician like [Gordon Brown] realises that Britain's national security interests would be thoroughly compromised if the government did not fully commit to financing a replacement.
OUR government appears to have an agenda of national self- sacrifice. We have an economic policy that includes bailing out and financing other countries at Britain's expense. We have a foreign policy that involves surrendering Britain's sovereignty to the EU.
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