credit

Desjardins, credit union centrals, Cumis to form Aviso Wealth

21 hours ago DieselGasoil Comments Off on Desjardins, credit union centrals, Cumis to form Aviso Wealth
(Reuters) – Canadian asset manager Desjardins Group is partnering with five credit union centrals and insurer Cumis Group to form a wealth management firm with about C$55 billion ($42.74 billion) in assets under management. The new entity, Aviso Wealth, will be equally owned by Desjardins and a partnership between the credit union centrals and Cumis, Read More

Dalmac Energy Announces Credit Agreement With Servus Credit Union

7 days ago DieselGasoil Comments Off on Dalmac Energy Announces Credit Agreement With Servus Credit Union
EDMONTON, Alberta, Dec. 06, 2017 (GLOBE NEWSWIRE) — Dalmac Energy Inc. (“Dalmac” or the “Company“) (TSX Venture:DAL) is pleased to announce that it has entered into an agreement with Servus Credit Union Ltd. (“Servus“), whereby Servus has agreed to provide the Company with a $5,000,000 revolving overdraft credit facility to assist with daily operating expenses Read More

Delphi Energy Announces Increase in Credit Facility and Expansion of Syndicate

2 weeks ago DieselGasoil Comments Off on Delphi Energy Announces Increase in Credit Facility and Expansion of Syndicate
CALGARY, Alberta, Nov. 30, 2017 (GLOBE NEWSWIRE) — Delphi Energy Corp. (“Delphi” or the “Company”) is pleased to announce that the borrowing base of its senior secured credit facility has increased from $80 million to $95 million.  In conjunction with the increase, Bank of Montreal has joined the syndicate of lenders led by Alberta Treasury Read More

Trinidad Drilling Ltd. Announces the Extension and Amendment of its Credit Facility

2 weeks ago DieselGasoil Comments Off on Trinidad Drilling Ltd. Announces the Extension and Amendment of its Credit Facility
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. CALGARY, Alberta, Nov. 30, 2017 (GLOBE NEWSWIRE) — Trinidad Drilling Ltd. (TSX:TDG) (“Trinidad” or “the Company”) announced today that it has amended and extended its existing credit facility. “The amendment and extension of our credit facility provides added certainty and Read More

Sen. Alexander introduces amendment to end wind production tax credit at year-end

2 weeks ago DieselGasoil Comments Off on Sen. Alexander introduces amendment to end wind production tax credit at year-end
11/30/2017 WASHINGTON — U.S. Senator Lamar Alexander (R-Tenn.) today introduced an amendment to the Senate tax reform bill that would end the wind production tax credit at the end of this year, instead of two years from now. “You don’t need to be an accountant to know that our tax code is too complicated, takes too Read More

Jones Energy, Inc. Announces the Successful Redetermination of Its Borrowing Base and Credit Facility Amendment to Improve Financial Flexibility

2 weeks ago DieselGasoil Comments Off on Jones Energy, Inc. Announces the Successful Redetermination of Its Borrowing Base and Credit Facility Amendment to Improve Financial Flexibility
AUSTIN, Texas, Nov. 27, 2017 (GLOBE NEWSWIRE) — Jones Energy, Inc. (NYSE:JONE) (“Jones Energy” or the “Company”) announced today that the lenders under its senior secured revolving credit facility have completed the regularly scheduled Fall redetermination of the Company’s borrowing base and the Company has successfully amended the terms of the credit agreement to provide Read More

Wells Fargo CFO says not worried about consumer credit

4 weeks ago DieselGasoil Comments Off on Wells Fargo CFO says not worried about consumer credit
(Reuters) – Wells Fargo & Co’s chief financial officer said on Wednesday he is not worried that consumers are struggling to pay their debts. CFO John Shrewsberry, speaking at an industry conference, said banks have been very competitive in trying to get consumers to use their credit cards, but the easy availability of credit has Read More

Wells Fargo CFO says 'consumer credit is under control'

4 weeks ago DieselGasoil Comments Off on Wells Fargo CFO says 'consumer credit is under control'
(Reuters) – Wells Fargo & Co CFO John Shrewsberry said on Wednesday he is not worried that consumers are struggling to pay their debts. Shrewsberry, speaking at an industry conference, said the bank has not changed its appetite for credit risk following a sales scandal that erupted slightly more than a year ago. The bank Read More

US House Republicans plan repeal of oil, gas tax credit, without opposition

1 month ago DieselGasoil Comments Off on US House Republicans plan repeal of oil, gas tax credit, without opposition
The US tax code overhaul being pushed by House Republicans calls for eliminating a credit for producing oil and natural gas from marginal wells, but the industry group that originally lobbied for the creation of the credit about 13 years ago is not pushing to keep it place. “As sound of a philosophical structure as Read More

EU plans credit system, fines to push low-emission car production

1 month ago DieselGasoil Comments Off on EU plans credit system, fines to push low-emission car production
BRUSSELS (Reuters) – The European Union proposed tougher car emissions targets on Wednesday including a credit system for carmakers to encourage production of electric vehicles and fines for exceeding carbon dioxide limits. European Commission Vice-President Maros Sefcovic, Commissioners Miguel Arias Canete, Violeta Bulc and Elzbieta Bienkowska give a news conference on mobility and climate change Read More