TEXT-S&P raises Radio One term loan rating to 'B+' - Reuters

TEXT-S&P raises Radio One term loan rating to 'B+' Reuters We are revising our recovery ratings and raising our issue-level ratings on the company's senior secured debt. -- We are affirming all other ratings on Radio One, including the 'B-' corporate credit rating. -- The negative outlook reflects the ... and more »

TEXT-S&P raises Momentive Performance Materials rating to 'B+' - Reuters

TEXT-S&P raises Momentive Performance Materials rating to 'B+' Reuters May 22 - Overview -- US-based silicone and quartz producer Momentive Performance Materials Inc. (MPM) is issuing $250 million of senior secured notes (instead of the planned $450 million) and using net proceeds to repay senior secured term loans. and more »

Bank Retreat on Shipping Seen Filled by Private Equity: Freight - BusinessWeek

Bank Retreat on Shipping Seen Filled by Private Equity: Freight BusinessWeek “The small tanker segment is in need of consolidation as it is very fragmented.” Oaktree on November 17 agreed to invest $175 million in General Maritime Corp., owner of 30 crude oil and petroleum product tankers, and convert its senior secured debt ... and more »

Growth pact can aid Europe's recovery - China Daily

Growth pact can aid Europe's recovery China Daily By Guido Westerwelle (China Daily) Overcoming the debt crisis haunting Europe is not a matter of months, but of years - and there are no shortcuts. The causes of the economic and financial crisis are the massive debts incurred over many years by the ... and more »

AnyThing Technologies Media Inc.'s Revenue sharing Partner AMI receives 1 ... - MarketWatch (press release)

AnyThing Technologies Media Inc.'s Revenue sharing Partner AMI receives 1 ... MarketWatch (press release) PK) announced today that its revenue sharing partner AMI has received 1 million in funding from Utica LeaseCo, LLC in the form of a secured loan against equipment owned by AMI. The funds were used by AMI to purchase GPI, which in return sold its ... and more »