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Boston Properties Secures $375M Loan (CoStar Group)
Boston Properties has secured an 8-year, $375 million loan at a fixed annual interest rate of 6.10 percent for Four Embarcadero Center, the REIT's trophy office tower in San Francisco. A group of insurance companies provided the financing. Proceeds...
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Boston Properties Closes $375M Financing of Four Embarcadero Center (Commercial Property News)
Using the proceeds to pay down its unsecured line of credit, Boston Properties Inc. has closed on an eight-year, $375 million loan secured by Four Embarcadero Center in San Francisco.
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Fitch Revises Merck & Co.'s Ratings Outlook To Negative (Medical News Today)
Fitch Ratings has affirmed Merck & Co.'s (Merck) ratings, and revised the Rating Outlook to Negative from Stable. The ratings affirmed are: --Long-term Issuer Default Rating (IDR) at 'AA-'; --Senior unsecured debt rating at 'AA-'; --Bank loan rating at 'AA-'; --Short-term IDR at 'F1+'. The ratings apply to approximately $6.93 billion of outstanding debt. The Rating Outlook is Negative.
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FirstAgain's 'Back to Basics' Underwriting Bolsters Recession-Resistant Business Model for Online Consumer Lender ... (PRWeb)
Online Unsecured Personal Loan Provider Relies on Human Underwriters and Traditional Underwriting Practices to Accurately Evaluate Creditworthiness and Keep Losses below Industry Averages (PRWeb Nov 19, 2008) Read the full story at http://www.prweb.com/releases/firstagain/judgemental_underwriting/prweb1638794.htm
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Fitch Revises American Axle's Bank Loan and Unsecured Ratings; Places IDR on Rating Watch Negative (Business Wire via Yahoo! Finance)
NEW YORK----Fitch Ratings has placed American Axle's 'B' Issuer Default Rating on Rating Watch Negative, reflecting the uncertainty of General Motor's short-term operating and financial profile.
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Home energy improvement loan rate drops (The Burlington Free Press)
The interest rate for the Warm and Weatherized Loan Program has dropped one percentage point since the program was first announced in September, state officials said today. The five-year fixed interest rate on program loans is now 2.75 percent.
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PROVENTEC : Trading on Alternext of convertible guaranteed unsecured loan notes 2012 of the Company (’Loan Notes’) (Boursorama)
Proventec Plc (AIM:PROV, Alternext:ALPTC), a provider of specialist steam cleaning and coatings technologies, is pleased to announce that it has applied for its convertible bonds to be listed on Alternext, a market operated by Euronext Paris SA.
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Bank of Russia ready to auction off more loans (RosBusinessConsulting)
RBC, 18.11.2008, Moscow 19:43:06. The Bank of Russia has hiked the upper limit of funds that can be provided to lending agencies through unsecured loan auctions on November 21 from RUB 450bn to RUB 550bn (approx. USD 16.4bn - USD 20.04bn), the bank's external and public relations department said.
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Help from friends boosts loan-challenged (Denver Post)
Good credit and a stable job should have been enough for Matt Schilling to get a low interest rate on a bank loan to fix his Jeep. Despite the tough economy, the 27-year-old figured he would find an affordable note with ease. Schilling wanted to replace a blown engine.
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Enterprise Executes $593 Million of Credit Facilities; Issues $83 Million of Equity through Distribution Reinvestment ... (Business Wire via Yahoo! Finance)
HOUSTON----Enterprise Products Partners L.P. today announced that its operating partnership has executed two senior unsecured credit facilities that provide the partnership with approximately $593 million of incremental borrowing capacity.
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