Secured Loan News

$110m Loan Key To Allco Rescue Deal

Tuesday February 19, 2008
A BANK loan to senior executives of Allco Finance Group has become part of the negotiations to reach a cash-for-assets deal to save the stricken investment company.

Nab In Talks With Allco On Execs' Loan

Tuesday February 19, 2008
A $110 million bank loan advanced to senior executives of Allco Finance Group has become embroiled in the negotiations to reach a cash-for-assets deal to save the stricken investment company.

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