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Loan investors demand higher minimum returns as Libor falls

NEW YORK, Aug. 9 (LPC) – Investors seek additional protection in volatile credit markets by asking companies to raise minimum guaranteed returns on leveraged loans, as fears grow that lower rates US interest rates could lower the Libor, affecting their yields. Floating rate loans pay an interest margin plus Libor, …

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Organic Valley launches loan program for clean energy projects on farms

Hope Kirwan | Wisconsin Public Radio A Wisconsin-based organic cooperative is offering farms low-interest loans to invest in clean energy projects. Bio Valley announcement their “Powering the Good” loan fund on Monday. Created through a partnership with Clean Energy Credit Union, the $ 1 million initiative will provide loans at …

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PPP fraud: first quarter update on DOJ activity – Criminal law

United States: PPP fraud: first quarter update on DOJ activity March 29, 2021 Kelley Drye & Warren LLP To print this article, simply register or connect to Mondaq.com. Our previous CARES law enforcement alerts anticipated a wave of Justice Department (“DOJ”) cases accusing COVID-related fraud for loans obtained through the …

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