BUSINESS FINANCING
Nigeria: Banks Get Six Months Deadline to Finance Maritime Business AllAfrica.com The National Maritime Administration and Safety Agency (NAMASA) has given banks that do business with the Agency a six months deadline to begin financing maritime businesses. For banks that fail to comply, the agency has threatened to withdraw its deposits from such banks. InPhonic in $100M Debt Financing Pact AP via Yahoo! Finance InPhonic Inc., an online retailer of wireless services and products, said Wednesday it signed a $100 million debt financing agreement with Goldman Sachs and Citigroup. VIASPACE Announces Private Financing of Up to $23.8 Million FinanzNachrichten PASADENA, Calif., Nov. 8 /PRNewswire-FirstCall/ -- VIASPACE Inc. ( Nachrichten ) (BULLETIN BOARD: VSPC), a company dedicated to commercializing proven technologies from NASA and the US Department of Defense, announced today that it has closed on a financing with Cornell Capital Partners, LP. The financing includes a $3.8 million debenture, convertible into common stock of the Company at a fixed MedGenesis Therapeutix Closes $3.2 Million Round of Financing SYS-CON Media MedGenesis Therapeutix Inc. ('MedGenesis') announced today that it has successfully raised $3.2 million in private equity financing. The proceeds of the financing will be used to advance the clinical development of its lead therapeutic program and the filing of an IND to initiate human studies. CIT Vendor Finance and Agfa Announce Financing Relationship in Selected Markets SYS-CON Media CIT Vendor Finance, a unit of CIT Group Inc. a leading global provider of commercial and consumer finance solutions, announced today a financing relationship in selected markets with Agfa-Gevaert (Brussels: AGFB.BR), a leading developer, manufacturer and distributor of imaging and information technology. Under the terms of the agreement, CIT will provide vendor financing solutions for products CIT Vendor Finance and Agfa Announce Financing Relationship in Selected Markets SYS-CON Media CIT Vendor Finance, a unit of CIT Group Inc. (NYSE: CIT) a leading global provider of commercial and consumer finance solutions, announced today a financing relationship in selected markets with Agfa-Gevaert (Brussels: AGFB.BR), a leading developer, manufacturer and distributor of imaging and information technology. Azur Holdings, Inc. Enters Into $50 Million Financing Commitment SYS-CON Media Azur Holdings, Inc. (OTCBB: AZHI),(FRANKFURT: HCPB), a luxury residential, hotel and resort developmentcompany, announced today it has entered into a binding agreement withNexxus One Capital Trust of Switzerland A.G. (Nexxus) for up to $50 millionof financing. Under an engagement agreement with Azur, Nexxus hascommitted up to $50 million of new financing for Azur Holdings ShellLanding Resort Hypo Real Estate Shares Dive on New-Business Margins Update1 Bloomberg.com Nov. 8 (Bloomberg) -- Shares of Hypo Real Estate Holding AG, a German commercial property lender, had their biggest decline in 2 1/2 years after the company said new-business margins fell. Hypo Real Estate Shares Plunge as New-Business Margins Decline Bloomberg.com Nov. 8 (Bloomberg) -- Shares of Hypo Real Estate Holding AG, a German commercial property lender, had their biggest decline since May 2004 after the company said new-business margins fell. VIASPACE Announces Private Financing of Up to $23.8 Million PR Newswire via Yahoo! Finance VIASPACE Inc. , a company dedicated to commercializing proven technologies from NASA and the US Department of Defense, announced today that it has closed on a financing with Cornell Capital Partners, LP.
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