Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers F > Headlines for Fremont General Corp. > News item |
Fremont increases credit line to $1 billion
By Sara Rosenberg
New York, March 16 - Fremont Investment & Loan increased its credit line with Credit Suisse to $1 billion, according to a company news release.
In addition, the company has received various proposals for additional credit facilities, if needed, to supplement its current liquidity position of $1.3 billion in cash and short-term investments.
Fremont is a Santa Monica, Calif., real estate lender.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.