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Fitch Rates GM's $1.5B Term Loan 'BB/RR1'; On Rating Watch Negative (Business Wire via Yahoo! Finance) - CHICAGO----Fitch Ratings has assigned a 'BB/RR1' rating to General Motors Corporation's new $1.5 billion, seven-year senior secured term loan. GM's new term loan is also placed on Rating Watch Negative, where it stands with GM's 'B' Issuer Default Rating and 'B/RR4' senior unsecured debt pending resolution of the Delphi situation.. Fitch Issues Presale Report On GE Business Loan Trust 2006-2 (Business Wire via Yahoo! Finance) - CHICAGO----Fitch Ratings has issued a presale report on GE Business Loan Trust, series 2006-2, discussing the rating analysis behind Fitch's expected ratings on the following: Class A certificates 'AAA'; Class B certificates 'AA'; Class C certificates 'A'; Class D certificates 'BBB'.. CHINA: Kingway completes on US$25m loan (Just Drinks) - Kingway has secured a loan to help expand its business, but remains shy of its reported borrowing target.. Kingway Brewery secures $25.6 million loan (Drinks Business Review) - Chinese beer producer Kingway Brewery Holdings has secured a HK$200 million (US$25.6 million) loan to finance plans for the expansion of its business and its working capital requirement. The lender of the 48-month term bank loan was not disclosed.. LUS says court ‘tilted’ law against cities (2theadvocate.com) - LAFAYETTE — In two weeks, attorneys for Lafayette Utilities System will have a chance to tell the state’s highest court why they think LUS should be allowed to proceed with its voter-approved phone, cable and high-speed Internet business.. Microcredit comes to aid of Nova Scotians with big ideas (The Chronicle Herald) - Grace Jefferies-Aldridge wasn’t asking for tens of thousands of dollars. All she needed was a small loan to help get her home-based business off the ground.. Uganda: Shs50b Namanve Project Takes Off (AllAfrica.com) - THE long awaited development of the Kampala Industrial Business Park at Namanve, is set to start in March 2007 next year.. FOCUS Spanish banks to continue to shift domestic loan focus as mortgages slow (Sharewatch) - Given the cloud on the horizon in the form of a slowdown in loan growth, particularly in the mortgage business, they questioned the current high premiums at which most of the banks are currently trading, driven to a great extent by ongoing M&A speculation.. GE Antares Provides $130 Million Senior Credit Facility for Leading Supplier of Branded, Speciality-Application (Business Wire via Yahoo! Finance) - CHICAGO----GE Antares today announced it is serving as administrative agent for a $130 million senior secured credit facility for the refinance of Fluid Enterprises Corporation, operating as Homax Group .. BMHC Announces Expansion of Credit Facility to $850 Million (PR Newswire via Yahoo! Finance) - Building Materials Holding Corporation today announced that it has completed the expansion of its existing senior secured credit facility..