loan-proposed
TrailStone buys Cargill’s power and gas group: sources
January 21, 2017 by creative · Leave a Comment
Commodities trader and investor TrailStone Group has purchased Cargill Inc's gas and power trading group, three sources familiar with the deal said this week. The move, first reported by Sparkspread, comes amid a reshuffling in the power and natural gas industry as private equity firms and hedge funds pour into the space, filling a void left by banks and other longtime players. The banks and others have been pulling back over the past several years as natural gas …
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TrailStone buys Cargill’s power and gas group: sources
loan-proposed
U.S. bankruptcy court judge OKs $425 million for Avaya loan
January 21, 2017 by elegant · Leave a Comment
A U.S. bankruptcy court judge granted Avaya Inc approval on Friday to tap $425 million of the $725 million loan proposed to carry the telecommunications company through its restructuring, funds the company said were essential to continue operations. Avaya filed for Chapter 11 bankruptcy protection on Thursday to cut its …
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U.S. bankruptcy court judge OKs $425 million for Avaya loan