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Loans

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Top Loans Articles

Displaying items 34-44
  • MGM Closes on $300 Million Loan, Touts Wall Street Support

    Metro-Goldwyn-Mayer has closed on a six-year $300 million second lien term loan agreement with a consortium of lenders. Chairman-CEO Gary Barber touted the loan as a sign of Wall Street's confidence in MGM, which emerged from a pre-packaged bankruptcy in...
  • Trouble for the Ex-Im Bank

    Here's an American success story. Quality Float Works Inc. of Schaumburg, which has been in business for 99 years, is poised to double its sales and create four jobs. The company has been working for months to pull off one of the biggest deals in its...
  • American Apparel CEO's playboy lifestyle overshadowed successes

    American Apparel's abrupt ouster of controversial Chief Executive Dov Charney may pitch the company into bankruptcy by triggering defaults on two outstanding loans, the retailer warned Thursday.  In an SEC filing, American Apparel said the board's...
  • Scams target people struggling with student loan debt, Illinois says

    Scams target people struggling with student loan debt, Illinois says
    After injuring her back on the job and getting a stomach illness, Sharone Brown of Chicago had trouble making her student loan payments, even after she sold her condo. Then she heard a radio ad from a debt-settlement company. The firm told her it...
  • Abstract Frank Stella sculpture 'Adjoeman' joins Cedars-Sinai artworks

     Abstract Frank Stella sculpture 'Adjoeman' joins Cedars-Sinai artworks
    An enormous abstract sculpture, a sailboat of sorts, rests on a pedestal at the intersection of Beverly and San Vicente boulevards in West Hollywood. Its dark, carbon-fiber sails seem to billow in the wind, and corkscrew spirals of stainless steel, like...
  • American Apparel lender Lion Capital demands $10-million loan be paid

    American Apparel lender Lion Capital demands $10-million loan be paid
    The wealthy playboy behind American Apparel Inc.'s latest crisis isn't ousted Chief Executive Dov Charney. It's a London financier named Lyndon Lea. American Apparel told securities regulators Tuesday that Lea's private equity firm, Lion Capital, has...
  • Tribune Publishing says it can carry more debt

    Tribune Publishing says it can carry more debt
    Tribune Publishing may have the flexibility to carry more than $350 million in debt after its planned spinoff from Tribune Co., which sources say is expected to happen in early August. In an amendment filed with the Securities and Exchange Commission...
  • With Citigroup paying up, will feds' attention now turn to BofA?

    With Citigroup paying up, will feds' attention now turn to BofA?
    With Citigroup Inc. agreeing to pay $7 billion for issuing toxic mortgage securities, the Justice Department now turns to settling its case against what analysts call the biggest mortgage miscreant of all: Bank of America Corp. The government has...
  • Freddie Mac: Mortgage rates level off, 30-year loans average 4.12%

    The cost of getting a mortgage has leveled off, with Freddie Mac saying lenders were offering 30-year fixed-rate home loans this week at an average interest rate of 4.12%. That rate is little changed from the average of 4.15% over the last 10 weeks. The...
  • $5.7 million: Debt service

    Editor's note: This is part of an everyday series exploring individual line items in state and local budgets. Read the entire series at www.dailypress.com/watchdog. GLOUCESTER – Over $38 million of school debt and $12 million of county debt make...
  • Online calculators can assist with many financial choices

    Ever wonder how much home you can afford, if there's room in your budget for a new car or how big of a nest egg you need to retire? The answers to these questions are rarely exact, but an abundance of online financial calculators promises to help you get...