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Credit Debt Consolidation Loans Credit debt consolidation loans are designed to assist individuals who have too much debt to manage on their own. They are loans that allow individuals to borrow money to pay off existing debts, such as credit card bills, medical bills, or other types of loans. The loan is usually secured by some type of collateral, such as a vehicle or a home. These loans can be beneficial for those who are struggling to make payments on their existing debts, as they can help to reduce interest rates and monthly payments. Additionally, debt consolidation loans can help to improve an individual's credit score, as the loan is typically paid off in a timely manner.
Porsche Switzerland is restructuring its leasing offerings. Instead of continuing to use the balance sheet of Bank-now — which became part of UBS after the Credit Suisse acquisition — the automaker will now handle leasing through its own company, Porsche Financial Services.
PHILIPPINE RATING Services Corp. (PhilRatings) has kept Philippine Savings Bank’s (PSBank) issuer credit rating at PRS Aaa (corp.) with a stable outlook. A PRS Aaa (corp.) rating means that a company has a “very strong” capacity to meet its financial commitments compared to other Philippine firms. It is the highest issuer credit rating given by […]
Suominen Corporation’s press release on July 3, 2025 at 11:00 a.m. (EEST) Suominen has entered into a single-currency syndicated credit facility agreement which consists of EUR 50 million term loan and EUR 50 million revolving credit facility with a maturity of three years with a one-year extension option. The lenders for the facility are Danske Bank A/S and Nordea Bank Abp. The new credit facility includes leverage ratio and gearing as financial covenants. The new credit facility replaces the existing EUR 100 million syndicated revolving credit facility agreement of Suominen provided by Danske Bank A/S and Nordea Abp. SUOMINEN CORPORATIONFor more information: Janne Silonsaari, CFO and interim President & CEO, tel. +358 (0)50 409 9264 Suominen manufactures nonwovens as roll goods for wipes and other applications. Our vision is to be the frontrunner for nonwovens innovation and sustainability. The end products made of Suominen’s nonwovens are present in people’s daily life worldwide. Suominen’s net sales in 2024 were EUR 462.3 million and we have over 700 professionals working in Europe and in the Americas. Suominen’s shares are listed on Nasdaq Helsinki. Read more at www.suominen.fi. Distribution:Nasdaq HelsinkiMain mediawww.suominen.fi