PYMNTS-MonitorEdge-May-2024

refinancing

Office Depot Refinances Credit Facility, Retires Term Loan
Office Depot Refinances Credit Facility, Retires Term Loan
April 20, 2020  |  Retail

In an effort to streamline its capital structure, Office Depot has refinanced its current asset-based credit facility with a new five-year arrangement and has retired...

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Struggling French Retailer Casino Lands €1.5B In Debt Equity
Struggling French Retailer Casino Lands €1.5B In Debt Equity
October 23, 2019  |  Loans

French retailer Casino announced that it has raised €1.5 billion ($1.67 billion USD) in bank loans so that it can refinance part of its existing...

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Near-Record Low Rates Trigger Refi Wave Among US Homeowners
Near-Record Low Rates Trigger Refi Wave Among US Homeowners
August 18, 2019  |  Loans

U.S. mortgage refinancing is on the uptick as fears about fluctuating global markets cause a drop in interest rates, the Financial Times reported Sunday (Aug....

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Mortgage Applications Rise 2 Pct As Home Loan Costs Fall
Mortgage Applications Rise 2 Pct As Home Loan Costs Fall
December 06, 2018  |  Loans

The Mortgage Bankers Association revealed that U.S. borrowers filed the most mortgage applications for both new purchases and refinancing in nearly two months. The news...

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Rising Interest Rates And The Changing Mortgage Market
Rising Interest Rates And The Changing Mortgage Market
November 27, 2018  |  Loans

Climbing interest rates are taking their toll on the number of consumers in the market for new home mortgages. Mortgage applications for new homes are...

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Online Lender SoFi Sees $12M Loss In Q3
Online Lender SoFi Sees $12M Loss In Q3
November 12, 2018  |  Earnings

Online lender Social Finance (SoFi) continues to struggle, recording an adjusted loss of around $12 million during the third quarter before interest, taxes, depreciation and amortization. The...

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European CFOs Scramble To Issue Debt Ahead Of Brexit, ECB Changes
European CFOs Scramble To Issue Debt Ahead Of Brexit, ECB Changes
November 01, 2018  |  B2B Payments

European chief financial officers are issuing more debt as they brace for market volatility ahead of Brexit and changes coming from the European Central Bank (ECB),...

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Wells Considers Lending To Students With Government Debt
Wells Considers Lending To Students With Government Debt
August 14, 2018  |  Loans

Wells Fargo might give its shrinking student lending business a boost by focusing on borrowers with U.S. government loans. The lender would offer loans to...

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Millennials Say No To Student Loan Debt Refinancing
Millennials Say No To Student Loan Debt Refinancing
July 13, 2016  |  Consumer Finance

Homeowners wouldn’t think twice about refinancing their mortgage into a lower interest rate loan, nor would unsecured debt holders when it comes to consolidating their...

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