WorldCom raised $1.5 billion in May in a financing backed by anticipated customer payments, known as receivables.
For Vertex, Mr. Menino helped secure $12 million in tax relief and $50 million in infrastructure financing backed by the city and state.
In January, GE Capital provided Xerox with $435 million in financing backed by British equipment leases and in April, Xerox sold $370 million of its Scandinavian lease receivables.
Datek Online Holdings, the fourth biggest online broker,raised $300 million in a private financing backed by France's Group Arnault, Microsoft cofounder Paul Allen and TA Associates, according to The New York Times.
The financing backing the activist's competing proposal, a major stock buyback that he would sponsor, expires on Sept. 30.
What was just as notable was the financing backing the deal — a $13.3 billion loan package arranged by Barclays Capital, one of the largest financing efforts that the bank had made on its own.
After Thompson's playing career ended, he obtained a Series 7 stockbroker's license and worked in finance back home in Texas.
The answer, from the Keynesian perspective, is to put finance back in its cage, remove the threat of moral hazard and divert resources to the real economy.
At first sight, the "sponsorship" clause might seem to apply to prime brokers, the bank divisions which supply hedge funds with finance, back-office and trade-execution support, investment advice, technology and a whole lot more.
While Madam X says Kaizen wouldn't have been possible without finance backing accrued from her DJing career, Nightwave notes over-saturation of the market as one of the main reasons behind setting up her label.
