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  • *Banks sounded out about 500- 600 bln yen credit line- sources. TOKYO, July 8- Toshiba Corp has talked with banks about a credit line worth between 500 billion yen and 600 billion yen to secure funding in case an investigation into accounting irregularities hurts its creditworthiness, sources said on Wednesday. Toshiba earlier denied media reports that it was...

  • Amazon expands global business loans Monday, 29 Jun 2015 | 6:00 AM ET
    Amazon expands global business loans

    Amazon is planning to expand its business loan program to China and seven other countries.

  • CHICAGO, June 29- Amazon.com Inc will launch its business loan program for small sellers later this year in eight more countries including China, where credit is becoming a key factor in competing for new vendors and grabbing market share. The countries are Canada, China, France, Germany, India, Italy, Spain and the United Kingdom. Small businesses have high failure...

  • CARACAS, June 26- Venezuela has signed an agreement with Iran for a $500 million credit line to fund joint investments and help improve supplies of goods "necessary for the Venezuelan people," President Nicolas Maduro said on Friday. Mohammad Reza Nematzadeh, Iran's Minister of Industry, Mines and Trade, said through a translator during a broadcast on state...

  • BRUSSELS, June 22- Greece took a step back from the abyss on Monday when it presented new reform proposals that euro zone finance ministers cautiously welcomed as a possible basis for an agreement in the coming days to avert a looming default. European stock markets and Greek assets leapt on hopes of a last-minute deal to ease a crisis that is threatening to drive...

  • NEW YORK, June 18- Creditors of Puerto Rico's struggling electric power utility PREPA have agreed to extend a creditor agreement to June 30, the utility said on Thursday, a move which allows crucial restructuring talks to continue. PREPA, with about $9 billion of debt, also has a June 30 deadline by which to reach a restructuring deal with creditors.

  • NEW YORK, June 18- Bondholders of Puerto Rico's struggling electric power utility PREPA have offered to extend a creditor agreement to the end of this month, allowing crucial restructuring talks to continue, a source familiar with the bondholders said on Thursday. PREPA, with around $9 billion of debt, has a June 30 deadline by which to reach a restructuring deal...

  • NEW YORK, June 18- Bondholders of Puerto Rico's struggling electric power utility PREPA have offered to extend a creditor agreement due to expire on Thursday, to the end of June, a source familiar with the bondholders said. Talks to restructure the utility remain underway, the source said. At least 60 percent of creditors are needed to approve an extension.

  • Goldman Sachs wants to lend you money Tuesday, 16 Jun 2015 | 3:17 PM ET
    Goldman Sachs wants to lend you money

    Goldman Sachs is planning to offer consumer loans through a website or app. Insight, with Jeff Harte, Sandler O'Neill.

  • Goldman's online lending could be effective: Pro Tuesday, 16 Jun 2015 | 2:15 PM ET
    Goldman's online lending could be effective: Pro

    Eric Wasserstrom, Guggenheim Securities, weighs in on Goldman Sachs online lending service for consumers and small businesses.

  • Goldman Sachs plans to offer consumer loans online Tuesday, 16 Jun 2015 | 8:01 AM ET
    Goldman Sachs plans to offer consumer loans online

    Goldman Sachs hopes to be ready to make its first online loans by next year, with J.B. Pritzker, Pritzker Group.

  • Goldman is getting into the online loan business Tuesday, 16 Jun 2015 | 6:28 AM ET

    The low-cost unit will allow Goldman to charge lower interest rates and still make a profit. But the venture holds risks.

  • Student loan woes Monday, 15 Jun 2015 | 1:26 PM ET
    Student loan woes

    CNBC's Sharon Epperson discusses the student loan ripple effect as debt increases for students.

  • Is defaulting on student debt ever a good idea? Monday, 15 Jun 2015 | 9:33 AM ET
    Dirk Wierenga’s state tax refunds are being confiscated because his son defaulted on his loans. “I’m basically a third-world nation when it comes to my credit score,” Mr. Wierenga said.

    A look at the ramifications of defaulting on student debt by The New York Times.

  • UPDATE 1-Tesla enters into $500 mln credit facility Friday, 12 Jun 2015 | 6:14 PM ET

    June 12- Electric car maker Tesla Motors Inc said on Friday that along with its subsidiary, Tesla Motors Netherlands B.V., it had entered into a $500 million senior secured asset-based revolving credit agreement. The agreement was signed with a group of banks, including Deutsche Bank, Bank of America, the company said. Tesla said in May that it planned a total of $1.5...

  • Tesla enters into $500 mln credit facility Friday, 12 Jun 2015 | 5:55 PM ET

    June 12- Electric car maker Tesla Motors Inc said on Friday that along with its subsidiary, Tesla Motors Netherlands B.V., it had entered into a $500 million senior secured asset-based revolving credit agreement. The agremeent was signed with a group of banks, including Deutsche Bank, Bank of America, the company said. In May, the company unveiled Tesla Energy-...

  • Lennar CEO: Housing improving but at low slope Wednesday, 3 Jun 2015 | 6:22 AM ET
    Lennar CEO: Housing improving but at low slope

    Homes are in short supply and millennials are staying home longer, says Stuart Miller, Lennar CEO, discussing the slow, but steady improvement in the housing market. Also Miller weighs in on regulations and the difficulty for many homebuyers to obtain mortgages.

  • May 21- Uber Technologies Inc is seeking a $1 billion credit line from banks, the Wall Street Journal reported, citing people familiar with the matter. The cab-hailing company is in talks with a number of large banks for the loan, asking them how much they would commit and at what terms, the Journal reported, citing the people. San Francisco- based Uber, which has grown...

  • Is Indonesia inflating a credit bubble? Wednesday, 20 May 2015 | 7:17 PM ET
    An employee of BNI bank, an Indonesian state-owned bank, prepares rupiah banknotes for their ATMs and branch offices.

    Stories that begin with central banks easing bank lending requirements don't often end happily, but Indonesia may dodge creating a credit bubble.

  • DUBAI, May 20- An $85 million loan taken out by a Ugandan bank this year points to an emerging trend in international capital markets: the rise of the Gulf as a syndicated loan market for Africa and Asia. Stanbic Bank Uganda originally intended to raise $75 million through the 18- month deal in January, but expanded that because of strong interest from banks wanting...