Month: July 2022

FERC tackles credit risk metrics with NOPR, show cause order

File numbers RM22-13-000, EL22-62-000Articles E-1 and E-2 | Presentation FERC today took steps to improve credit risk management in organized wholesale electricity markets. The Commission’s Notice of Proposed Rulemaking (NOPR) would allow electricity market operators to share credit information with…

Debt Consolidation Loan Myths Busted

– Advertising – Debt Consolidation is a great way to make it easier to pay off your debts. Debt consolidation is a financial strategy most often used by many to take control of credit card debt, and it involves combining…

Apple Hospitality REIT successfully grows and expands its main unsecured credit facility, improving the strength and flexibility of its balance sheet

RICHMOND, Va., July 27, 2022–(BUSINESS WIRE)–Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced that it has successfully refinanced its primary unsecured credit facility, strengthening the strength and flexibility of its balance sheet. The Company entered…

STAG INDUSTRIAL INCREASES UNSECURED CREDIT FACILITY TO $1 BILLION, REFINANCES UNSECURED TERM LOAN BY $150 MILLION AND REFINANCES UNSECURED TERM LOAN BY $175 MILLION

BOSTON, July 27, 2022 /PRNewswire/ — STAG Industrial, Inc. (the “Company”) (NYSE: STAG) today announced that it has $750 million senior unsecured revolving credit facility and refinanced two term loans due to mature in 2023 and 2024. STAG industrial logo….

Apple Hospitality REIT successfully grows and expands its main unsecured credit facility, improving balance sheet strength and flexibility

RICHMOND, Virginia–(BUSINESS WIRE)–Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced that it has successfully refinanced its primary unsecured credit facility, further enhancing the strength and flexibility of its balance sheet. The Company entered into an…

ECGC launches new program to provide up to 90% export credit risk insurance coverage for small exporters

Trade, import and export for MSMEs: Export credit provider Export Credit Guarantee Corporation of India (ECGC) has launched a new scheme to insure up to 90% of credit risk in export finance, supporting small exporters by encouraging banks to provide…

STAG INDUSTRIAL INCREASES UNSECURED CREDIT FACILITY TO $1 BILLION, REFINANCES UNSECURED TERM LOAN BY $150 MILLION AND REFINANCES UNSECURED TERM LOAN BY $175 MILLION

BOSTON, July 27, 2022 /PRNewswire/ — STAG Industrial, Inc. (the “Company”) (NYSE: STAG) today announced that it has $750 million senior unsecured revolving credit facility and refinanced two term loans due to mature in 2023 and 2024. The Company increased…

Best Store Credit Cards for Bad Credit of July 2022 – Forbes Advisor

Credit cards can have serious consequences on your credit and financial health. The two most common types of store cards are open-loop and closed-loop cards, also known as on-grid and off-grid cards. Open-loop cards, sometimes called in-network or co-branded, usually…

Best Balance Transfer Cards for Bad Credit

Many credit cards accept balance transfers, but that’s not enough to make them good balance transfer cards. For a balance transfer to be worthwhile, the new card must have a lower interest rate than the old one. It’s easy to…

Turkish man pleads not guilty in $1 billion tax credit fraud case

By Kevin Pinner (July 18, 2022, 9:01 p.m. EDT) – A federal judge in Utah remanded a Turkish businessman Monday after he pleaded not guilty to charges of laundering $133 million in a scheme involving more than $1 billion in…

Worry Discount overcompensates investors for corporate credit risk

webphotographer/E+ via Getty Images How the “Worry Discount” Overcompensates Credit Investors (Like Us!) [A more detailed version of this article, with additional data and references, was made available to members and free trial subscribers of Inside the Income Factory® on…

How to Get a Personal Loan With Bad Credit: Can You Get One and Should You?

Even if you have a low credit score, you can still get a personal loan – but “if you are in this situation, you must be prepared to pay a higher interest rate and possibly other charges such as origination…

Personal loans for bad credit with

GLENDALE, Calif., July 13. 2022 (GLOBE NEWSWIRE) — There may be times when you need money and don’t know where to get it. Getting loans for bad credit used to be extremely difficult, if not impossible. platforms such as RadCredon…

Geopolitical unrest leads to increased credit risk: Moody’s

“Geopolitics can disrupt economic, financial, institutional and political stability and can directly affect credit,” Kelvin Dalrymple, vice president and chief credit officer at Moody’s, said in a statement. Moody’s said credit risks were rising in several key areas due to…

Lumina Gold Announces C$10.0 Million Unsecured Credit Facility with Ross Beaty and Provides Project Update

VANCOUVER, BC, July 6, 2022 /CNW/ – Lumina Gold Corp. (TSXV: LUM) (OTCQX: LMGDF) (“Lumina” or the “Company”) is pleased to announce that it has entered into an agreement with the Company’s principal shareholder, Ross Beaty to establish a C$10.0…

Lumina Gold Announces C$10.0 Million Unsecured Credit Facility with Ross Beaty and Provides Project Update

VANCOUVER, BC, July 6, 2022 /PRNewswire/ – Lumina Gold Corp. (TSXV: LUM) (OTCQX: LMGDF) (“Lumina” or the “Company”) is pleased to announce that it has entered into an agreement with the Company’s principal shareholder, Ross Beaty to establish a C$10.0…

Soaring Inflation Prompts USMCA Firms to Strengthen Customer Credit Risk Management, Atradius Survey Finds

As inflation soars higher, increasing pressure on their liquidity and borrowing power, USMCA companies are tightening credit risk management to protect their profitability in the coming months AMSTERDAM, July 6, 2022 /PRNewswire/ — The impact of the alarming spike in…

Lumina Gold Announces C$10.0 Million Unsecured Credit Facility with Ross Beaty and Provides Project Update

VANCOUVER, BC, July 6, 2022 /CNW/ – Lumina Gold Corp. (TSXV: LUM) (OTCQX: LMGDF) (“Lumina” or the “Company”) is pleased to announce that it has entered into an agreement with the Company’s principal shareholder, Ross Beaty to establish a C$10.0…

Debt consolidation loans – Simplify your debt

There are two types of debt consolidation loans: secured and unsecured. Let’s look at the pros and cons of each. Secured loans When you take out a secured loan, you put something of value as collateral. For example, if your…