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Category:
Press
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State of Minnesota, Northstar and BNSF Sign Key Agreement (Popularity:  )
http://www.bnsf.com
Officials from the state of Minnesota, the Northstar Corridor Development Authority (NCDA) and BNSF Railway Company (BNSF) signed a key agreement today that defines Northstar's rights to operate along the 40-mile stretch of BNSF train tracks between Big Lake and downtown Minneapolis. "This agreement is another significant milestone toward delivering Minnesota's first commuter rail system, one that is in high demand among Northstar Corridor residents," said NCDA Chair Dan Erhart. ...
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AeroScout Secures $21 Million in Funding to Extend Market Leadership (Popularity: )
http://www.aeroscout.com
AeroScout, Inc., the leading provider of Wi-Fi-based Active RFID solutions, today announced it has secured $21 million in Series C funding led by Menlo Ventures. Both Menlo Ventures and Greylock Partners have joined the AeroScout investor syndicate in this round, and existing investors Star Ventures, Pitango, Cisco Systems and Intel Capital also participated. AeroScout will use the funding to cement its leadership position, expanding its sales and marketing function in ...
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Minera Andes engages Macquarie Bank Limited for debt financing for San Jose project (Popularity: )
http://www.minandes.com
Minera Andes Inc. (TSX: MAI and US OTC: MNEAF) has accepted an offer letter from Macquarie Bank Limited ("Macquarie Bank", Australian Stock Exchange, ASX: MBL) to provide a loan facility of up to US$7.5 million. The main purpose of the facility will be to provide additional funding to Minera Andes for its 49% portion of the costs of the exploration, development and expansion of the San Jose silver/gold project under ...
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Visto Corporation Secures $35 Million in Financing From Altitude Capital Partners (Popularity: )
http://www.visto.com
Visto Corporation, the leading independent provider of mobile email, today announced the completion of its last round of financing with an additional $35 million investment from Altitude Capital Partners, LLC ("Altitude"). The funds will be used to accelerate Visto's continued worldwide growth, extend its product portfolio, and protect its foundational intellectual property. This investment is in addition to the $51 million announced in September, and completes the financing at $86 ...
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TK Aluminum Ltd. Announces an Update on Liquidity Situation and Status of Potential Asset Sales Transactions, Including Discussions With Creditors (Popularity: )
http://www.teksidaluminum.com
TK Aluminum Ltd., the indirect parent of Teksid Aluminum Luxembourg S.a r.l., S.C.A., today announced an update on its liquidity situation, as well as the status of potential asset sales transactions, including related discussions with relevant creditor constituents. The Company's previously announced efforts to secure a bridge loan are continuing, as it is in discussions with existing lenders to provide such financing, subject to certain conditions. In addition to the ...
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Sontra Medical Corporation Closes $660,000 Financing (Popularity: )
http://www.sontra.com
Sontra Medical Corporation (OTC: SONT.PK) announced today that it closed a $660,000 common stock and warrant financing with Sherbrooke Parters, other accredited investors and members of Sontra's board of directors and management. The financing was originally expected to be for $600,000; however, as a result of increased investor interest, it was increased by $60,000 to $660,000. The Company issued 6,600,000 shares of common stock for $0.10 per share and two- ...
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Residential Funding Company to Transfer Servicing of Mortgages Serviced by MLN (Popularity: )
http://www.rescapholdings.com
Residential Funding Company, LLC ("RFC"), formerly known as Residential Funding Corporation, in its capacity as master servicer, delivered notices terminating the servicing rights of Emax Financial Group, LLC ("EMAX") and subservicing rights of Mortgage Lenders Network USA, Inc. ("MLN") with respect to loans serviced for RFC or its securitization trusts. MLN had previously agreed to the termination of the subservicing agreement between MLN and EMAX as noted in the current ...
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DayStar Restructures Senior Note and Obtains Commitments for Additional Capital (Popularity: )
http://www.daystartech.com
DayStar Technologies, Inc. (Nasdaq: DSTI), a developer and manufacturer of innovative CIGS Photovoltaic Foil(TM) products, today announced that it has successfully restructured its $15 million senior convertible note originally issued in May of 2006. DayStar has entered into an agreement with a new investor under which the original investor will transfer the debt, a Class B warrant and the associated rights of each to the new investor, who has agreed ...
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Keystone Automotive Operations, Inc. Announces Completion of Senior Secured Debt Refinancing (Popularity: )
http://www.ekeystone.com
Keystone Automotive Operations, Inc. announced today the successful refinancing of its senior secured debt with a new $325.0 million credit facility. The new facility is comprised of a term loan in an aggregate funded amount of $200.0 million and an asset-based revolving credit facility with a commitment amount of $125.0 million, with only $5.0 million drawn at close. "This refinancing improves Keystone's flexibility and liquidity to manage and grow our ...
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Top Financial Institution, Deutsche Bank, Connects Globally Through AT&T (Popularity: )
http://www.att.com
AT&T Inc. (NYSE: T) announced today that Deutsche Bank Brazil, a subsidiary of Deutsche Bank (XETRA: DBKGn.DE/NYSE: DB) one of the largest and more powerful banking and finance institutions in the world, has signed a service contract with AT&T. Under the terms of the contract, AT&T will provide international end-to-end private lines to link Deutsche Bank sites in Argentina, Brazil, Chile and Mexico with Deutsche Bank operations in more than ...
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