Herzfeld Advisors purchased high-yield and loan participation closed-end funds at discounts of more than 30.0%, because the prices hit rock-bottom during intraday trading, said Gondor.

FORBES: Magazine Article

Still, at least in loan-participation funds, the market has become more active in recent years so valuations are fairly legitimate, said Gondor.

FORBES: Magazine Article

The January 27 Nihon Keizai Shimbun carries a report from its New York bureau on Japanese bank participation in the U.S. syndicated loan market.

FORBES: Financial Institution Shorts

"That is why we will reconsider our participation in terms of the restructuring of the existing loan, " he said.

WSJ: Russia Denounces Proposed Cyprus Bank Tax

Finally, any investor who chose not to renew his loan and instead sought a return of his principal investment would be banned from further participation.

FORBES: SEC Busts $15 Million Ponzi Scheme With 'Fight-Club'-Style Rules

As with other loans under this new facility, the Kenyan loan was approved only after a consultation process led by the Kenyan government with extensive participation by the private sector and non-governmental and community-based organisations.

ECONOMIST: Begging your pardon