International Business News - Pay http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Philadelphia will take out a $275 million short-term loan from JPMorgan Chase to pay vendors that have gone without compensation since July because of one of the the worst budget crises in nearly 50 years, Democratic Mayor Michael Nutter said on Tuesday. http://www.ibtimes.com/data/articleimgs/219566-.jpg http://www.ibtimes.com/articles/20090901/cash-poor-philly-borrows-275-mln-pay-vendors.htm http://www.ibtimes.com/articles/20090901/cash-poor-philly-borrows-275-mln-pay-vendors.htm Tue, 01 Sep 2009 15:12:23 EDT PHILADELPHIA - CVC Capital Partners failed to repay a loan owed to Chuo Mitsui Capital Co and lost its stake in restaurant chain Skylark Co, The Nikkei reported in its Friday morning edition. http://www.ibtimes.com/articles/20090827/cvc-fails-pay-loan-loses-skylark-stake-nikkei.htm Thu, 27 Aug 2009 16:48:02 EDT Two Sunbelt banks filed for initial public offerings on Wednesday to raise money that would be used in part to pay off money owed to the U.S. Treasury, setting the stage for the first U.S. IPOs by banks in more than two years. http://www.ibtimes.com/articles/20090826/texas-fla-banks-seek-ipo-pay-off-tarp.htm Wed, 26 Aug 2009 18:36:08 EDT