Secured debt

It seems like Sundial producers (NASDAQ: SNDL) is interested in that of Zenabis Global (TSX: ZENA). The company announced this morning that it has acquired a special purchase vehicle via an all-cash transaction, to acquire $ 58.9 million of outstanding senior secured debt owed by Zenabis Investments. The acquisition of the debt, which was acquired …

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Loan sell

Finance Minister Paschal Donohoe told the Financial Services Union he had no formal authority to prevent the potential sale of Ulster Bank’s loan portfolio in the Republic. In a meeting with the union on Monday, which both sides described as productive, Mr Donohoe reportedly told union officials that he had no formal role in Ulster …

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Secured debt

TORONTO, 04 Dec. 2020 (GLOBE NEWSWIRE) – Ayr Strategies Inc. (CSE: AYR.A, OTCQX: AYRSF) (“Ayr” or the “Company”), a leading vertically integrated multi-state cannabis operator, has received commitments a syndicate of lenders for US $ 75 million in Senior Secured Notes (the “Notes”) with an additional $ 25 million over-allotment option from the Agent. The …

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Money security

If you are inclined to take advantage of the sales this year, with the holiday shopping season starting early, it’s the season to be extra vigilant about your personal information. More than 91% of American adults have put their personal data at risk at some point this year, according to a new report from Bankrate.com. …

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Secured debt

The company made the optimistic announcement after releasing second quarter financial results showing it had a fundraising pot of $ 80.6 million in cash and cash equivalents. (NASDAQ: GEVO), citing a strong balance sheet and available liquidity, said Tuesday it plans to pay off its $ 12.7 million guaranteed debt balance in full by the …

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Money security

Dar es Salaam. A Global company RegTech (which deals with managing regulatory processes within the financial sector through technology) has established its mobile money compliance platform in Tanzania as part of a deliberate effort to further strengthen the security of the country’s mobile money transactions. Global Voice Group (GVG) has set up its M3 platform …

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Money security

A file photo of Turkish President Recep Tayyip Erdogan. | Photo: Jeenah Moon / Bloomberg Text size: A- A + Srinagar: Security forces and agencies have signaled Turkey’s growing influence in Kashmir and are closely monitoring money coming from the West Asian country which has become more focused on the region, ThePrint has learned. Sources …

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Loan sell

Farm4me, an agribusiness company, recently boosted farming activity with the launch of its revolutionary online platform that allows farmers to sell farm produce and get loans. The website www.viablex.com also offers commercial farmers the opportunity to buy produce and store it online until the prices are high and they can trade and make a profit. …

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Loan sell

Student loan giant SLM Corp., known as Sallie Mae, warned investors last year that the new accounting rules for bad loans would skew its balance sheet so much that it would have to resort to unofficial action to pass his financial health. The company reversed course on Thursday, saying it would introduce official accounting measures, …

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Money security

Dealing with a client in financial difficulty requires both vigilance and creativity. Vigilance is essential, as close monitoring of a customer’s payment history and overall financial position will indicate whether a supplier needs to take additional steps to protect themselves. Creativity comes into play in deciding what kinds of protections are possible and appropriate in …

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