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Inland Real Estate closes $140M term loan (AP via Yahoo! Finance)
Inland Real Estate Corp. said Friday that it has received a $140 million loan to help the company reduce the balance on its existing unsecured line of credit and retire remaining 2008 secured maturities.
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Inland Real Estate Corporation Closes $140 Million Term Loan (Centre Daily Times)
Inland Real Estate Corporation (NYSE: IRC) today announced that the Company has entered into a $140.0 million two-year unsecured term loan agreement with a lending group comprised of KeyBank, Bank of America, Wachovia, Wells Fargo and Charter One Bank. Borrowings under the term loan will bear interest at a variable rate equal to 200 basis points over the 30-day LIBOR rate in effect at the time ...
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Inland Real Estate Corporation Closes $140 Million Term Loan (Business Wire via Yahoo! Finance)
OAK BROOK, Ill.----Inland Real Estate Corporation today announced that the Company has entered into a $140.0 million two-year unsecured term loan agreement with a lending group comprised of KeyBank, Bank of America, Wachovia, Wells Fargo and Charter One Bank.
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(AFX UK Focus) 2008-09-02 15:28 Ashton Penney says gets 50,000 pounds unsecured loan from Colin Maitland (Interactive Investor)
LONDON (Thomson Financial) - Ashton Penney Holdings Plc. said it has received an unsecured loan of 50,000 pounds from its substantial shareholder and director Colin Maitland.
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Banking and Financial (Mondaq)
An emerging strategy many hedge and private equity funds (each a " Fund ," and collectively the " Funds ") are pursuing is known as the "loan to own" investment.
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UAW Local 1069 head indicted in loan scheme (Delaware County Times)
United Aerospace Workers Local 1069 President Tony Forte Jr., and his brother, David Forte, were indicted by a grand jury Thursday on 175 counts of conspiracy, loan fraud and bank bribery in a kickback scheme that allegedly netted them more than $105,000 for more than $2.5 million in fraudulent loans.
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RLPC-Sberbank's $1.2 bln loan to launch shortly (Reuters via Yahoo! Malaysia News)
LONDON, Sept 4 (Reuters) - Russia's largest bank Sberbank said on Thursday it will shortly launch syndication of a $1.2 billion three-year term loan to be used for general corporate purposes.
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OPI investors vote today on cash buyout offer (The New Zealand Herald)
Investors in failed finance company OPI Pacific Finance meet today to consider a cash offer for their debentures and capital notes.
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Union stands behind Forte (Delaware County Times)
A grand jury indictment of United Aerospace Workers Local 1069 President Tony Forte Jr. Thursday for an alleged loan kickback scheme will not affect his standing in the union, an official said Friday.
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Health care credit on the increase (Fort Wayne Journal Gazette)
Two crowns and three fillings were more than Debbie’s budget could handle. Add to that, the woman who lives in northeast Fort Wayne has no dental insurance. So the 52-year-old paid for her dentist’s bill the way an increasing number of Americans are covering out-of-pocket costs. She charged it.
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