Helped by cheap bank financing, shippers have at least 260 new vessels on order.
Today, governments with substantial funding requirements -- like those of China and Russia -- have largely turned away from financing provided by Western governments and commercial bank syndicates in favor of tapping the private capital markets.
Bank financing was easier to come by back then, too.
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The next year, Advantage Partners made a tender offer bid and acquired all outstanding shares for JPY 250 billion, of which JPY 170 billion was financing provided by syndicate whose members included Lonestar, Shinsei Bank, and Credit Agricole.
By financing dams, highways and steel mills, the World Bank would hasten recovery from the war and, over the long term, would help less developed nations achieve rapid growth.
The cash portion of the consideration to be received by Google at closing will be funded through debt financing commitments from Bank of America Merrill Lynch and Royal Bank of Canada.
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These funding mechanisms will take into consideration the work done in this field so far by others and will align its functioning with other initiatives by the World Bank and EC, providing parallel co-financing and further enhancing the innovation potential of the programme.
Effective October 1, 2002, for borrowings and investments with the BPD and borrowings from the Federal Financing Bank (FFB), agencies will report amounts consistent with those reported by these central fiduciary agencies, except as noted above.
And Democratic National Committee Chairman Howard Dean has attacked his reputation as a reformer over the past week, accusing McCain of trying to evade federal spending limits by opting out of public financing after using the promise of federal funds to obtain a bank loan and automatic ballot access for his primary campaign.
Juan Zarate was a senior counterterrorism official in the Bush Administration who worked on sanctioning a private bank in Macau that allegedly facilitated, among other things, the financing of nuclear proliferation by North Korea.
Ex-Im Bank financing has been used in recent years largely to level a global playing field made uneven by the market-distorting practices of other nations, and yet it has been subjected to much more intense criticism by free-enterprise proponents in Washington than the quasi-socialist practices of European governments subsidizing Airbus.
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Initial financing, the company noted, will be fully provided by a consortium of six banks including JPMorgan Chase and Bank of America.
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Because the company is a leader in its field of water and waste-water treatment in China, it has enjoyed access to bank financing in the past, and has even been able to raise capital in the United States by selling its shares on NASDAQ.
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