Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Robert Kelly is managing director of XTS Energy LLC, and has more than three decades of ...

Enter a standby letter of credit (SLOC). This document, provided by a bank, guarantees that a sale or project will be completed as promised. The backing bank will only pay out in the event of a ...

Singapore--(Newsfile Corp. - August 26, 2020) - Evergreen Assets Management ("Evergreen AM") has engaged Passion Venture Capital Pte Ltd, a fund manager licenced by the Monetary Authority of ...

PHILADELPHIA, May 1, 2025 /PRNewswire/ -- Doral Renewables LLC ("Doral") has successfully closed a $100 million corporate Letter of Credit facility. The Letters of Credit are expected to primarily ...