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Some colleges plan to offer credit to transfer students for some MOOCs

2013-09-04 17:01:00| American School & University

Schools are part of a study to see how the free "massive open online courses" prepare students for a more traditional college experience. Schoolhouse Beat read more

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Shoreline Receives Credit Facility Extension

2013-09-04 15:40:00| OGI

Shoreline requested the extension in order to have adequate time to complete closing of a new credit facility secured against its U.S. assets.

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Freescale Announces Launch of New Financing under Senior Secured Credit Facilities

2013-09-03 07:00:00| Freescale Press Releases

AUSTIN, Texas--(BUSINESS WIRE)--Sep. 3, 2013-- Freescale Semiconductor, Ltd., (NYSE: FSL) (the Company) announced today that Freescale Semiconductor, Inc. (Freescale), its wholly owned indirect subsidiary, is seeking commitments for a new senior secured term loan facility under its existing senior secured credit facilities in an aggregate principal amount of up to $300,000,000. The proceeds from the new term loan are intended to be used to redeem, repurchase or otherwise acquire all of Freescales outstanding 10% senior secured notes due 2018 and a portion of its 9% senior secured notes due 2018, and to pay related redemption premiums and fees. Freescale will pay for a portion of its expenses with cash on hand. The foregoing does not constitute a notice of redemption for any outstanding notes. The purposes of the transaction and the application of the proceeds are to extend a portion of Freescales debt maturities and reduce interest expense. The new term loan facility would be For more information click on title.

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Better Credit Insights Now Available to Auto Lenders

2013-08-29 09:00:36| AutomotiveDigest.com - Automotive Industry News

Equifax announces the availability of a new product that delivers a more in-depth picture of a consumers past credit behavior, allowing more precise lending decisions. Find out more about Equifax Dimensions and how it helps auto lenders. [More]The Article Better Credit Insights Now Available to Auto Lenders appeared first on Automotive Digest.

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How to Leverage Three Credit Trends Affecting Auto Sales

2013-08-28 17:48:01| AutomotiveDigest.com - Automotive Industry News

2013 is shaping up to be a good year for auto retailers, with sales expected to top 15 million for the first time since 2007. Several contributing factors to this success are credit-related, with more consumers qualifying for loans, lengthier terms and rising interest rates. Read MoreThe Article How to Leverage Three Credit Trends Affecting Auto Sales appeared first on Automotive Digest.

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