Month: July 2020
Auto industry

Direct lender HPS provides Bombardier with $1 billion line of credit

Bomber Inc. secured a $1 billion credit facility from direct lending firm HPS Investment Partners LLC as the Canadian train and aircraft maker waits to complete the sale of its train manufacturing business. The loan helps the Montreal-based company fill a potential funding gap as it seeks regulatory approvals for the sale of its rail […]
Auto center

Auto center sees more cars than ever as Ohio Valley continues to choke

WHEELING, W.VA. (WTRF) – NOTHING works well when it’s this hot, especially your car! Ohio Valley auto shops warn that heat does more damage to vehicles than when the roads are icy. At ASAP Auto Care in Wheeling, the lot is full as the owner says 90-degree days are the busiest time for them. Most […]