PGC’s $14M bridging loan to EPIC to protect fund’s wind-down

July 1 – Pyne Gould Corp., which divested its Marac finance unit in the Heartland New Zealand Ltd. merger, will put up $14 million to refinance a related fund as it winds itself down.

Financial Magician -

Atlas Energy, L.P. Announces Increase to the Borrowing Base on Its Credit Facility to $160 Million

Atlas Energy, L.P. announced that its lending group on its senior secured credit facility has completed its borrowing base redetermination and has increased Atlas Energy’s borrowing base from $125 million to $160 million.

Financial Magician -

European suicide rates pushed higher by financial crisis

LONDON - Suicides rates rose sharply in Europe in 2007 to 2009 as the financial crisis drove unemployment up and squeezed incomes, with the worst hit countries like Greece and Ireland seeing the most dramatic increases, researchers said on Friday.

Financial Magician -

Will Small Businesses Squelch the Recovery?

Forget gold futures. For many economists, small business lending is the safest gauge of the economic recovery's strength

Financial Magician -

Principal Financial buys Origin Asset Mgmt stake

The Principal Financial Group on Thursday said its asset management unit is buying a 74 percent stake in Origin Asset Management LLP for $66 million.

Financial Magician -

BoE says most credit supply to stay steady in Q3

LONDON, June 30 - British banks expect to keep the supply of most lending constant over the next three months, and for a recent rise in businesses' credit demand to level off, the Bank ...

Financial Magician -

Financial Rejection: When Wealth is Uncomfortable

It is, essentially, the American dream: work hard, move up in the world and attain prosperity for yourself and your family. But for some troubled individuals, accumulating wealth isn't something to strive for, it's something to avoid.

Financial Magician -

GE Energy Financial Services Expands Gas-Fired Lending Portfolio with $73 Million for LS Power Merchant Plants

Bolstering its lending portfolio of natural gas-fired power plants, GE unit GE Energy Financial Services announced today it is providing $73 million for three merchant generating facilities owned by an affiliate of LS Power in Illinois and Connecticut.

Financial Magician -

Summit Financial Services Group Listed in South Florida Business Journal’s 2011 Fastest Growing Companies

Summit Financial Services Group, Inc. was recently listed in the South Florida Business Journal’s 2011 Fastest Growing Companies.Boca Raton, FL July 07, 2011 Summit Financial Services Group, Inc. was recently listed in the South Florida Business Journal’s 2011 Fastest Growing Companies

Financial Magician -

Beltone Financial Selects SunGard’s Valdi and Global Network to Support its Middle East Trading Business

Beltone Financial, a leading investment bank in the Middle East and North Africa, has gone live with SunGard's Valdi trading and order management solution to support its local and regional trading business via a single front-office platform.Dubai July 06, 2011 Beltone Financial, a leading investment bank in the Middle East and North Africa, has gone live with SunGard's Valdi trading and ...

Financial Magician -