Latest Life Insurance Settlements News Update November 20, 2008 at 01:40 PM

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AllFinancial Group LLC and Babcock & Brown Obtain $135 Million


AllFinancial Group LLC and Babcock & Brown Obtain $135 Million in Additional Financing for Life Settlement Joint Venture (PR Newswire via Yahoo! Finance)
AllFinancial Group LLC and Babcock & Brown are pleased to announce that Life Trade Holdco LLC, their recently formed joint venture to capitalize on emerging opportunities in the life settlement market, has obtained a $135 million credit facility from Autobahn Funding Company, LLC, an asset backed commercial paper conduit sponsored by DZ Bank AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am ...

Record tourism could harm Easter Island statues (CNN.com)
EASTER ISLAND, Chile (AP) -- It's earth's most remote inhabited land, a South Pacific speck of volcanic rock so isolated the locals call it "Te Pito O Te Henua," or "The Navel of the World."
 


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