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Euromax Announces Intention to Extend Maturity Dates of Previously Issued Convertible Debentures

: EOX www.euromaxresources.com Euromax Resources Ltd. announces that the Company intends to amend certain terms of its previously issued convertible debentures, which were issued to: i) the European Bank for Reconstruction and Development in the. - Veroeffentlicht am 06.02.2024

Ucore Announces Closing of Debenture Offering

Ucore Rare Metals Inc. is pleased to announce a closing of its previously announced non-brokered private placement of new convertible debentures for aggregate gross proceeds of $1.5 million . Proceeds from the Offering are to be used for general. - Veroeffentlicht am 31.01.2024

Brazil s Elea invites investment in its sustainable data centre goals

Elea Digital, which describes itself as the largest platform with the highest number of operational data centres in Brazil, has announced a new R$570 million (US$115.9 million) issuance of debentures linked to sustainable goals for the expansion of data centre infrastructure in Brazil.

ET analysis: Is evergreening of loans evergreen?

For years, evergreening of loans - throwing new loans to help a stressed or delinquent borrower repay old loans - has worried the regulator. Since rules prohibit lenders from doing this blatantly, some of them, mostly non-banking companies, had figured out a different way some years ago. They cut special deals with foreign credit funds, which bet on comparatively lower-rated bonds, to set up local alternative investment funds (AIFs).

ET analysis: Is evergreening of loans evergreen?

For years, evergreening of loans - throwing new loans to help a stressed or delinquent borrower repay old loans - has worried the regulator. Since rules prohibit lenders from doing this blatantly, some of them, mostly non-banking companies, had figured out a different way some years ago. They cut special deals with foreign credit funds, which bet on comparatively lower-rated bonds, to set up local alternative investment funds (AIFs).

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