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Latest Loan/Mortgage News

Summer lull hits US loan fees despite Refinitiv deal
NEW YORK (LPC) - Bank fees earned from arranging US syndicated loans fell in the third quarter amid a summer lull as bankers awaited the US$13.5bn financing backing Blackstones US$20bn buyout of Refinitiv, the biggest buyout deal to test the markets ...
Updated: 10/05/2018 02:03P

More borrowers turning to non-bank lenders for home loans
It is still only about 2 per cent of the total home loan market but brokers, lenders and other commentators say non-bank lenders could be expected to become much more dominant as time goes on. They play a much bigger role in the Australian market, with ...
Updated: 10/05/2018 01:24P

Council chiefs set to approve £42.5m loan arrangement with housing provider
Council chiefs set to approve £42.5m loan arrangement with housing provider. By Aran Dhillon, Local Democracy Reporter @arandhillonWG Reporter. Town Hall. COUNCIL chiefs are set to approve a £42.5 million loan arrangement with a housing provider.
Updated: 10/05/2018 01:10P

Treasury Rout Fuels Fire in Roaring US Leveraged Loan Market
As investors piled into loans for protection against higher rates, loan funds have received more than $16 billion in cash so far this year, according to Lipper. On top of that, institutional money flooded into separately managed accounts and
Updated: 10/05/2018 12:33P

US loan market unprepared for Libor transition
NEW YORK, Oct 5 (LPC) - US institutional investors are unprepared for the looming transition to the Secured Overnight Financing Rate (SOFR) as the 2021 date to replace Libor, the reference rate for more than US$350trn of assets globally, draws closer.
Updated: 10/05/2018 12:22P

Nuns couldnt stop Wells Fargo from making another big gun loan
NEW YORK — Wells Fargo Co. is doubling down on the gun industry, undaunted by criticism of its deep ties to firearm companies and the National Rifle Association. The San Francisco-based bank last week issued a $40 million line of credit to gun ...
Updated: 10/05/2018 11:36A

EU backs Belgian offshore wind farm with 210m loan
The European Investment Bank (EIB) is supporting the construction of a wind farm off the Belgian coast with a 210 million (£185m) loan. The Northwester 2 offshore wind farm will consist of 23 turbines and have a total capacity of 219MW. Thats enough
Updated: 10/05/2018 11:17A

Gabriel Osho And Ade Shokunbi Head Out On Loan
Reading have announced today that two further youth stars have headed out on loan in search of first-team experience. Gabriel Osho (centre back) and Ade Shokunbi (central midfielder) are bound for non-league clubs Aldershot Town and Billericay Town ...
Updated: 10/05/2018 10:19A

Belgiums Northwester 2 wind project gets 210 mln euros EIB loan
PARIS, Oct 5 (Reuters) - Belgiums 219 megawatt (MW) Northwester 2 offshore wind farm project secured a 210 million euro ($242 million) loan from the European Investment Bank (EIB), the bank said on Friday. EIB said the project, estimated to cost
Updated: 10/05/2018 10:05A

Reading FC: Academy duo secure loan moves
Reading FC: Academy duo secure loan moves. By Anthony Smith @Smudgersport Group sports editor. Royals Under 23s skipper, Gabe Osho, right. READING FC Academy duo Gabe Osho and Ade Shokunbi have secured loan moves to gain more first-team ...
Updated: 10/05/2018 10:01A

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