Loan financing is a cornerstone of real estate development. It’s a rare project that has captive capital to finance the entire project, and many investors expect that their contributions will be ...
Tourism Holdings Limited (AU:THL) has released an update. Tourism Holdings Limited (THL), a global tourism operator and the world’s largest commercial RV rental company, has successfully negotiated ...
Learn about acceleration covenants, crucial clauses that let lenders demand full loan repayment if borrowers breach terms, protecting lenders and minimizing risk.
The number of nonprofit health systems violating their financial agreements with lenders or investors has increased since 2022 as providers struggle to meet debt obligations amid challenging operating ...
Dillard's extended its $800 million credit facility to March 2030, enhancing liquidity for corporate purposes without financial covenants. Dillard’s, Inc. has amended and extended its $800 million ...
May 21 (Reuters) - NCI Building Systems Inc said it has obtained waivers from its senior credit facility lenders related to financial maintenance covenants and restrictions on the company's ability to ...
Senior credit facilities serve a critical role in the capital stack of a public real estate investment trust (REIT). To qualify as a REIT for federal tax purposes, a company must distribute at least ...