Monthly Archives May 2011

Small Businesses Need Plan to Seek Financing

But as the economy works its way forward, financing for small firms will also come back, and small businesses should be educated about the opportunities. From bank loans to peer lending, options for small businesses can be confusing and overwhelming. Read More…

Romney not ruling out self-financing

By Matt Viser, Globe Staff LAS VEGAS ? Mitt Romney, while clearly buoyed by the $10.25 million his supporters raised today, is nonetheless not ready to rule out what could become another potent financial weapon in his all-but-certain presidential run: tapping into his own personal wealth. ?That?s counsel I?m going to keep with Ann and [...] Read More…

S&P Text: Unlikely That Italy To Require External Financing -2

WASHINGTON (MNI) – Standard amp; Poors Monday released an FAQ providing further detail behind its May 20 decision to revise its outlook on Italy to negative. Samp;P said the sheer size of Italys general government debt would make it very difficult for the international community to provide an effective financial support framework for Italy. The [...] Read More…

Big real estate financing returns to NYC

Share Comments(3) Big real estate financing returns to NYC May 16, 2011 06:30PM Financing for New York City real estate projects is back. Of the top 35 deals done in the last 12 months, 24 were refinancing and nine were new loans taken out of acquisitions, according to Crains. The largest deal was an $800 [...] Read More…

Hudson Transmission Partners Closes Financing and Commences Construction of …

FAIRFIELD, Conn., May 23, 2011 /PRNewswire/ — Hudson Transmission Partners, LLC (HTP), developer of the Hudson Transmission project, an underground and underwater cable between New Jersey and Manhattan, has announced that it has closed financing totaling more than $850 million in debt and equity for construction of the project. In conjunction with the closing, HTP [...] Read More…

ORRV Reaches Agreement for $2 Million in Financing for the Tradewinds Project

PEORIA, Ill., May 23, 2011 /PRNewswire/ — Oceanic Research and Recovery Inc. (PINKSHEETS: ORRV), a marine salvage and exploration company, today announced that it has reached an agreement for USD$2,000,000 in financing for its operations in the Philippines. Known as the Tradewinds Project, this venture is a long term effort planned and organized to locate [...] Read More…

Hudson Transmission Partners Closes Financing and Commences Construction of …

FAIRFIELD, Conn., May 23, 2011 /PRNewswire/ — Hudson Transmission Partners, LLC (HTP), developer of the Hudson Transmission project, an underground and underwater cable between New Jersey and Manhattan, has announced that it has closed financing totaling more than $850 million in debt and equity for construction of the project. In conjunction with the closing, HTP [...] Read More…

Romney not ruling out self-financing

By Matt Viser, Globe Staff LAS VEGAS ? Mitt Romney, while clearly buoyed by the $10.25 million his supporters raised today, is nonetheless not ready to rule out what could become another potent financial weapon in his all-but-certain presidential run: tapping into his own personal wealth. ?That?s counsel I?m going to keep with Ann and [...] Read More…

HUD Secretary Praises Museum Plaza Financing Plan

US Department of Housing and Urban Development Secretary Shaun Donovan says he supports the efforts to use a HUD-approved loan to finance construction of the Museum Plaza project. The ambitious development has been stalled for years. Last summer, city officials and the project’s developers announced plans to use money from HUD to get construction moving. [...] Read More…

Factbox: Guide to enigmatic world of campaign financing

n>(Reuters) – President Barack Obama has begun wooing select crowds of influential campaign donors for his 2012 re-election, while Republican candidates are holding events in halls across the nation to pull in their first millions. But outside of the candidates own efforts lies a whole satellite system of fund-raising — a dizzying array of surrogates, [...] Read More…