Neff Corp. (“Neff”) announced today that it is offering each of the holders of its 10% senior notes due 2015 (the “Senior Notes”) an opportunity to become a lender (a “Term Lender”) of term loans (the “Term Loans”) under its senior secured first lien credit agreement (the “Credit Agreement”) in the amounts described below in consideration for properly tendered and accepted outstanding Senior Notes and consents for amendments to...
CEMEX, S.A.B. de C.V. announces that it has selected BBVA, Citi, HSBC, RBS and Banco Santander, S.A. to lead a global effort to i) negotiate joint bilateral facilities for CEMEX, S.A.B. de C.V. and CEMEX Espa?a S.A. that will replace existing bilateral facilities with a group of banks, and ii) amend certain existing syndicated loan facilities. Completion of these transactions, including the amendments, may, depending on the facility, require majority...
This low-profile contemporary black storage bench goes well at the end of a bed, in a bathroom, entryway, or living room. * Finished in satin black, this bench is built with an all-wood construction. * Two rattan baskets perfect for storing all your necessities. * The seat back is symmetrically lined with vertical slat braces and the sides are open for a sleek styling. * Each of the two baskets measures 12″ deep, 15″ wide,...
DuPont Fabros Technology, Inc. announced that the Company closed on a $100 million secured loan with a syndicate of lenders led by KeyBank National Association. The loan has a three-year term with a one-year extension at a floating rate of LIBOR plus 3.50% (4.0% in the extension period) and includes quarterly principal payments of $500,000. The loan is secured by the Company’s newly constructed ACC4 prototype data center asset in Ashburn, Virginia,...
While the media is full of doom and gloom reports about the current economy, Landmark Financial Corporation announces that construction equipment leasing and financing remains stronger then would be expected given current economic news. “Those expecting to see evidence of an overall slowdown in commercial equipment finance activity — or a significant decline in portfolio performance — as a result of the mortgage crisis, rising energy...
Forest City Enterprises, Inc. announced that it’s New York-based subsidiary, Forest City Ratner Companies, has closed on $167 million in construction financing for 80 DeKalb, a 335,000-square-foot residential building on DeKalb Avenue in downtown Brooklyn. The 34-story, Costas Kondylis-designed building is the first residential tower constructed by Forest City in Brooklyn. It is designed to achieve LEED certification and will include 73 affordable...