Monthly Archives: May 2019

Shopping malls violate loan terms after stores go bankrupt

UK shopping centers owned by private equity groups including Lone Star and Oaktree violated the terms of their loans after retail failures triggered a sharp drop in property values. Market participants say the breaches are likely to trigger a series of asset sales that will crystallize price cuts in secondary commercial properties. Two shopping malls […]

Personal loan: approval in just 3 seconds? What Borrowers Need to Know

Several people opt for personal loans for various aspects in which one has to meet a variety of financial requirements. The reasons can vary between vacation expenses, payments for higher education, medical bills or any other unforeseen expense that may weigh on the pockets of the individual. Since all other people live hectic lives, it […]