Banks Set Price Talk on Chemtura Exit Loan, Prep Notes
- Banks Shop $575M Exit Facility for Chemtura. Kellerhals, Richard // High Yield Report;8/16/2010, Vol. 21 Issue 33, p7
The article reports that a bank consortium consisting of Bank of America Merrill Lynch, Citigroup, Wells Fargo and Barclays is offering a 300 million U.S. dollar term loan and 450 million U.S. dollars in unsecured notes to back Chemtura Corp.'s exit from bankruptcy.
- Bank Duo Launches Capella Deal. // Bank Loan Report;10/3/2005, Vol. 20 Issue 37, p2
Reports on the launched syndication of a credit facility by Citigroup Inc. and Bank of America Corp. for Capella Healthcare. Financial terms of the deal; Rate of the deal's first and second liens; Proceeds of the deal.
- Syndicated Shift: Chase Pulls Back; Others Gain. Mandaro, Laura // American Banker;10/1/2003, Vol. 168 Issue 189, p1
Syndicated loan volume fell during the first nine months of this year, as weak merger and acquisition activity, attractive bond pricing, and choosier bank lenders drove potential borrowers away. At the same time, there were signs of a retreat by the largest participants in the U.S. syndicated...
- B of A, Citi Join the Simple Disclosure Trend. Finkle, Victoria // American Banker;7/9/2012, Vol. 177 Issue 104, p2
The article notes Bank of America and Citigroup plan to offer their customers a simpler form of checking-account fees disclosure and the two banks will adopt the one-page disclosure model promoted by Pew Trusts.
- Sedgwick's $900M TL Makes Rounds. Kellerhals, Richard // High Yield Report;2/7/2011, Vol. 22 Issue 6, p3
This article reports on the syndication initiated by Bank of America Merrill Lynch and Barclays for a 900 million U.S. dollar term loan B for Sedgwick Claims Management.
- B of A Hires Warburg Exec To Lead Global Syndications. WEIDNER, DAVID // American Banker;7/1/1999, Vol. 164 Issue 125, p6
Reports on Bank of America Corp.'s hiring of Parker Knight to lead international syndications. Efforts to improve the bank's global corporate banking unit; Knight's previous position at Union Bank of Switzerland.
- B of A, Citi Opt to Repay FDIC Program Money. // American Banker;10/17/2011, Vol. 176 Issue 159, p4
The article reports Bank of America Corp. and Citigroup Inc. are planning to repay their share of $231 billion raised under the U.S. loan and economic stimulus program, Temporary Liquidity Guarantee Program, which was run by the Federal Deposit Insurance Corp.
- Citi, B of A Helped by Cost Cuts, Consumers. Moyer, Liz; Boraks, David // American Banker;7/17/2001, Vol. 166 Issue 136, p1
Focuses on the financial accounting at Citigroup Inc. and Bank of America in the U.S. Revenue of the two firms for the second quarter in 2001; Amount of the problem credits sold by the Bank of America; Plans of the Citigroup to buy Grupo Financiero Banamex-Accival company in Mexico.
- Plenty of Good Things to Say At Citi, B of A. BORAKS, DAVID; MOYER, LIZ // American Banker;4/15/2003, Vol. 168 Issue 72, p1
Reports on the profits earned by Citigroup Inc. and Bank of America Corp. for the first quarter of the fiscal year 2003. Corporate sectors from where they earned the profits; Percentage of profits earned from global consumer banking; Percentage of profits earned from corporate and investment...