The troubled mid-market lender CIT Group has received a $3bn rescue package from a group of its bondholders that will prevent it from collapse, at least for the short term.
2 min read · 08 February 2013
The province is implementing a number of temporary credit measures to make it easier to reach financial close for projects, many of which have faced difficulties due to tight credit markets.
3 min read · 08 February 2013
Following a period of frenzied fundraising for pan-regional Asian funds, the focus is now shifting to standalone pockets of opportunity, writes Siddharth Poddar.
2 min read · 08 February 2013
The loan to the $1.2bn Triangle Expressway project is being extended under the government’s TIFIA credit programme. The remaining financing will include $271m of toll revenue bonds and $343m of ‘Build America Bonds’ authorised by the economic stimulus bill.
3 min read · 08 February 2013
The US government has selected nine private investment firms, including Angelo Gordon, GE Real Estate, Oaktree and Invesco to help take real estate loan-backed securities off banks’ balance sheets.
2 min read · 08 February 2013
The founder and chairman of the Dublin-based firm Quinlan Private is stepping down this month. He has been gradually withdrawing his day-to-day involvement with the firm for at least a year and has been investing his personal wealth in property deals.
2 min read · 08 February 2013
The US government has selected nine private investment firms, including Oaktree, Invesco and Angelo Gordon, to help take real estate loan-backed securities off banks’ balance sheets.
2 min read · 08 February 2013
The legislative landscape for public-private partnerships in America is changing fast. Cezary Podkul reports.
6 min read · 08 February 2013
The Sydney-based property company has formed a joint venture with Bank of Scotland lasting three years as part of efforts to put its financial future on a more secure footing.
2 min read · 08 February 2013
Tom Osborne and Henry Catry review the outlook for infrastructure financing amid the financial crisis.
7 min read · 08 February 2013
