Briefs: Mezzanine finance in debt solutions, A mutual three-year bond price high, and more
-- Westpac has renewed a A$250 million non-recourse senior loan facility with debt solutions company FSA Group until October 2017. An institutional fund manager chipped in a $20 million mezzanine finance line . The mezzanine finance has also been renewed. FSA is in the business of assisting debtors enter into payment arrangements with their creditors, through informal arrangements, debt agreements, personal insolvency agreements or insolvency. It is also a lender.-- CUA has priced a A$200 million issue of three-year floating rate notes, paying 160 basis points over the three-month bank bill swap rate. The notes are expected to be Reserve Bank repo-eligible. ANZ and Commonwealth Bank were the lead managers.-- London payments consultants RBR do not go for succinct language, but make pretty awkward point for American Express, MasterCard and Visa in a research report puffed overnight."The European commercial cards sector presents a considerable untapped opportunity for international brands," RBR said.-- Bangladesh's central bank has hired a U.S. lawyer for a potential lawsuit against the Federal Reserve Bank of New York after hackers stole $81 million from its account with the NY Fed. Thomson Reuters Accelus cited an internal report by the Bangladesh bank.