JGBs mostly firm, benchmark 10-year yield hits record low

BRIEF-MVC Capital amended facility to reduce commitment amount from $100 mln to $50 mln
* Amended facility to reduce commitment amount from $100 million to $50 million

BRIEF-Bio-Techne to acquire Advanced Cell Diagnostics for $250 mln
* Bio-Techne announces agreement to acquire advanced cell diagnostics

INSIGHT-China’s innovation economy a real estate bubble in disguise?
* Raises concerns investment is wasted, glut of innovation centres

Foreign funds more optimistic than local firms on Brazil -survey
SAO PAULO, July 6 (Reuters) – A majority of global private-equity funds want to raise their exposure to Brazil at a time when many local firms are watching from the sidelines, an industry survey…

Ex-Lehman trader loses bid for $83 mln ‘windfall’ bonus -judge
NEW YORK, July 6 (Reuters) – A federal judge on Wednesday said a former star Lehman Brothers Holdings Inc trader was not entitled to an $83 million bonus he claimed he was owed following the…

BRIEF-Moody’s says post-Brexit default wave unlikely for European non-financial companies
* Brexit is unlikely to be a driver of additional defaults over the rest of the year

UPDATE 1-Seven Generations to buy some Deep Basin assets from Paramount
July 6 (Reuters) – Canadian natural gas developer Seven Generations Energy Ltd said it would buy some of Paramount Resources Ltd’s Deep Basin oil and gas properties in west Central Alberta for about…

BRIEF-Axogen Inc, Axogen Corp, Three Peaks Capital SARL entered into Amendment 1 to term loan agreement
* On June 29, co, Axogen Corp, Three Peaks Capital SARL entered into Amendment 1 to term loan agreement – SEC filing

LPC: CSAM, Molson Coors warn investors of Brexit impact
NEW YORK, July 6 (Reuters) – Companies that borrow to help fund their operations and the firms that lend to them are warning potential investors that the recent vote by the United Kingdom (UK) to…

BRIEF-Vaalco to convert existing $15 mln balance under revolving facility to a term loan
* Vaalco announces conversion of ifc credit facility to term loan

BRIEF-Northwest Healthcare announces $100 million bought deal financing
* To issue 5.1 million trust units at a price of $9.80 per unit for gross proceeds of approximately $50 million

D.E. Shaw affiliate offers to buy SunEdison project for $80 mln
NEW YORK, July 6 (Reuters) – Bankrupt renewable power plant developer SunEdison Inc has asked a U.S. bankruptcy court judge to approve the sale of its stake in a California solar project to an…

BRIEF-Bioteq Environmental Technologies issues $1.5 mln convertible loans
* Upon prepayment or maturity of loans, each lender may elect to convert at conversion price $0.06 centsper share

Coal miner Alpha says near bankruptcy deal with U.S. government
WILMINGTON, Del./WASHINGTON, July 6 (Reuters) – Alpha Natural Resources said on Wednesday it expects to reach a deal with the U.S. government over responsibility for the cost of cleaning up mining…

GLOBAL MARKETS-Wall St up on U.S. data; global stocks dip as uncertainty remains
* Chinese markets rise as yuan hits 5-1/2-year low (New throughout, updates prices and market activity to U.S. market close, adds analyst quote)

BRIEF-Brown-Forman priced offering of EUR 300 mln aggregate principal amount of 1.200% notes due 2026
* Forman – on june 30, also priced offering of £300 million aggregate principal amount of 2.600% notes due 2028

LPC: Bank fees on US leveraged lending hit 4-yr low in first half
NEW YORK, July 6 (Reuters) – Bank fees from underwriting U.S. leveraged loans surged in the second quarter from a five-year low the prior quarter as issuance jumped, yet ongoing bouts of volatility…

Bank of England’s Carney steps up as Brexit crisis engulfs UK
LONDON, July 6 (Reuters) – As Britain struggles with political chaos following its vote to leave the European Union, central bank governor Mark Carney has stepped into the breach to manage the…

BRIEF-Regulus Resources says to increase amount of offering from 8.4 mln units to up to 10 mln
* Number of additional units that may be acquired under option granted to agents has increased from 1.3 mln units to 1.5 million units

Low-rated Illinois launches search for bond underwriters
CHICAGO, July 6 (Reuters) – Shortly after enacting a temporary budget, Illinois is seeking a team of underwriters to handle bond sales over the next three years, according to a notice on the state’s…

REFILE-GLOBAL MARKETS-Stocks pare losses, but safe havens still bid after strong U.S. data
NEW YORK, July 6 (Reuters) – U.S. stocks reversed early losses on Wednesday but fears of instability in the European Union and prolonged global stagnation sent bourses in most parts of the globe…

BRIEF-Albany, Calif. votes to put soda tax on ballot
July 6 (Reuters) – City councilmembers in Albany, California voted to place a soda tax on the ballot in November on Tuesday, joining larger Bay Area cities San Francisco and Oakland as efforts to…

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