Grab The Finance In Just Few Clicks And Come Out Of Troubles!
Be a smart borrower and take the required financial help without putting yourself in the hassle of faxing and credit check. Apply with us and say goodbye to al your financial issues.
Country:
First Name:
Last Name:
Tel. No.:
Mobile No.:
Email:
Loan Amount:
Loan Type:

AerCap Signs $1.4 Billion Facility Agreement for A330 Financing and NutraCea Closes $10,000,000 Credit Facility Financing With Wells Fargo Bank

Tuesday, 06 January, 2009.

Financial industry news provided by Financial News USA. AerCap Holdings N.V. (NYSE: AER) today announced that it has signed a facility agreement with Calyon S.A. and other banks and financial institutions, outlining the terms pursuant to which the European Export Credit Agencies may provide guarantees on up to $1.4 billion of financing. This represents a significant portion of the remaining financing needed for the Airbus A330 order delivering between 2009 and 2012. The European Export Credit Agencies consist of Coface in France, ECGD in the United Kingdom, and Euler-Hermes in Germany. The loans are to be provided by a syndicate of banks led by Calyon acting as Global Arranger and are subject to customary ECA requirements.

NutraCea (OTCBB: NTRZ), a world leader in stabilized rice bran (SRB), nutrient research and technology announced recently it has closed a new credit facility with Wells Fargo Business Credit, a division of Wells Fargo Bank, N.A. The initial rate of interest varies from prime plus 2.5% to prime plus 3%. NutraCea plans to use this facility to partially fund further expansion of certain projects that it currently has under construction and to enhance its ability to have additional liquidity available for the Company.

International Stem Cell Corporation (OTCBB: ISCO) announced on December 30 that it had received the first $1 million tranche of an anticipated private equity financing of up to $5 million to be funded over the next several months. Officials of the Company commented today on the significance of that funding. “This is a first major step toward the Company’s goal of becoming financially self-sufficient,” said Kenneth Aldrich, CEO of the Company. Mr. Aldrich noted that the anticipated $5 million of funding is targeted toward three objectives: (1) eliminating $1 million of outstanding secured debt; (2) supporting critical first quarter pre-clinical trials that could be instrumental in enabling corporate joint venture financing; and (3) providing marketing and expansion capital designed to increase revenues from the Company’s “Lifeline” subsidiary, which makes and sells specialty cells and growth media.

Pepco Energy Services, a subsidiary of Pepco Holdings, Inc. (NYSE: POM) and a leader in energy savings performance contracting, has been selected by the Golden, Colorado Contracting Office of the United States Department of Energy for award of a $5 billion master Indefinite Delivery Indefinite Quantity (IDIQ) Energy Savings Performance Contract (ESPC). ESPC contracts allow federal agencies to accomplish energy projects for their facilities both nationally and internationally without up-front capital costs. Pepco Energy Services was one of several ESCOs competitively awarded this IDIQ contract. The award was based on Pepco Energy Services’ demonstrated capabilities to provide energy projects to federal agencies. The new Pepco Energy Services five-year contract provides for a maximum contract value of $5 billion over the life of the contract. The contract also contains an option for two three-year extensions for a potential 11-year contract, if both options are exercised.

Source: http://www.financialnewsusa.com