P/F Atlantic Petroleum (CPH:ATLA DKK) (Oslo:ATLA NOK) announced on Tuesday the signing of an unsecured bridge loan
facility for up to DKK5m with one of its shareholders, which provides the company with additional working capital until payments from the Orlando Fiels are received.
QuickLiquidity, a private equity firm investing in commercial real estate debt and equity, has announced that it has closed a USD 600,000 senior mortgage bridge loan
in Kansas City, KS, the company said.
* A $500,000 bridge loan
secured by a first mortgage on a 12,000 s/f commercial building located on South State Street in Hackensack, NJ.
Greystone said the two-year bridge loan
from Greystone, at 83.5% loan-to-purchase, provides time for Carabetta to rehabilitate and stabilise the property while concurrently securing a low, fixed-rate, permanent loan from HUD with Greystone.
Commenting on suggestions that the banks contracted by BEH for the bridge loan
had been selected through an opaque procedure, she explained that the Public Procurement Act did not apply to the state-owned holding.
The Community Foundation for Greater Atlanta, through its Nonprofit Bridge Loan
Fund, has expanded its offerings to include more educational services, according to Erin Dreiling, marketing and communications manager for TCFGA.
The proposal, seen by Reuters, says the bridge loan
would have a maximum maturity of 3 months and would be repaid to the EFSM from money that Greece is to get from the euro zone bailout fund, the European Stability Mechanism (ESM) on the conclusion of negotiations on the next, 86 billion euro three-year bailout.
Healthcare company InoLife Technologies (Other OTC:INOL) reported on Monday that it has completed a USD48,000 bridge loan
with Lewis Family Group Fund.
International Resource News-August 27, 2014--Wallbridge Mining receives USD1.5m bridge loan
from Auramet International
Reuters reports that seven local banks, including the providers of the original bridge loan
(Al Rajhi Bank, Bank Al Jazira, National Commercial Bank, SABB and Saudi Hollandi Bank), were involved in the fund-raising.
Saudi Arabia's Jabal Omar Development Co has signed a SR5bn ($1.3bn) loan agreement with a group of local banks to refinance an upcoming bridge loan
maturity and fund the development of hotels and shops in Makkah.