Evergrande Has Defaulted On Its Debt
Evergrande, the embattled Chinese property developer, has defaulted on its debt, according to Fitch Ratings. From a report: The credit ratings agency on Thursday downgraded the company and its subsidiaries to "restricted default," meaning that the fi.....»»
Capchase nabs $60M in credit to help founders avoid dilution
No one likes dilution, and that’s why every founder is looking for alternatives to traditional equity investing by venture capitalists. Financial entrepreneurs have launched a number of products, from SaaS securitization to debt-based financing, to.....»»
Liberis, the embedded finance provider for SMEs, raises additional £70M in debt
Liberis, the U.K.-based fintech that provides finance for small businesses as an alternative to a traditional bank loan or extended overdraft, has replenished its own coffers with £70 million in funding. The round is a mixture of debt and venture de.....»»
Liberis, the embedded finance provider for SMEs, raises additional £70M in equity and debt
Liberis, the U.K.-based fintech that provides finance for small businesses as an alternative to a traditional bank loan or extended overdraft, has replenished its own coffers with £70 million in funding. The round is a mixture of equity and debt, al.....»»
NextCar to partner with Westlake Financial
The agreement between the vehicle subscription service startup founded by former Fair CEO Scott Painter and Westlake will include a $400 million debt facility. Westlake will handle origination and servicing......»»
Lockheed Martin acquires rocket engine maker Aerojet Rocketdyne for $4.4B as space heats up
Lockheed Martin (LM), the U.S.’s largest defence contractor, will acquire Aerojet Rocketdyne (AR), a rocket engine and missile manufacturer, for $4.4 billion including debt and net cash, giving the company a larger stake in space and hypersonic tec.....»»
Lockheed Martin Acquires Aerojet Rocketdyne For $4.4 Billion
Lockheed Martin has agreed to buy Aerojet Rocketdyne for $4.4 billion in cash (including assumed debt). From a report: This reflects how legacy defense companies are racing to keep up with Elon Musk and Jeff Bezos in space, a dynamic that also helped.....»»
Lockheed Martin acquires rocket engine maker Aerojet Rocketdyne for $4.4Bn as Space heats up
Lockheed Martin (LM), the US’s largest defence contractor will acquire Aerojet Rocketdyne (AR), a rocket engine and missile manufacturer, for $4.4 billion including debt and net cash, giving the company a larger stake in space and hypersonic techno.....»»