Sprint Nextel Amends Terms of Credit Agreements (Business Wire) and @Ventures Invests in CarbonFlow, Inc. (Business Wire)

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City of Industry, CA --(www.USEquityNews.com)-- 11/10/2008 - Venture Capital industry alert provided by U.S. Equity News. OVERLAND PARK, Kan.--(BUSINESS WIRE)--Sprint Nextel Corp. (NYSE: S) today announced that it has amended the terms of its credit agreement originally entered into on December 19, 2005. The amended credit agreement provides a $4.5 billion revolving credit facility, replacing the $6 billion revolving credit facility. The company also paid down $1.0 billion of the outstanding loan amount under the amended credit agreement. Under the amended credit facility, the full $4.5 billion will remain available until final maturity in 2010 and up to $3 billion may be used to secure letters of credit. [Read the full article]


WALTHAM, Mass.--(BUSINESS WIRE)--@Ventures, the venture capital business of ModusLink Global Solutions, Inc. (NASDAQ: MLNK), today announced an investment in CarbonFlow, Inc., a leading developer of software for carbon market participants. Ventures investment completes CarbonFlow's first round of venture capital financing, joining current investors Clean Pacific Ventures, OVP Venture Partners, and Meridian Energy Ltd. CarbonFlow will use the funds to speed commercialization of its Carbonflow's Suite of solutions. CarbonFlow, helps carbon offset developers increase financial returns on their greenhouse gas (GHG) reduction projects by decreasing the administrative burden and enhancing the value of resultant carbon credits. The carbon trading market had an estimated value of more than $30 Billion in 2006, with forecasts that the global market could more than triple by 2015. [Read the full article]

WASHINGTON--(BUSINESS WIRE)--The U.S. Small Business Administration has awarded more than $450,000 in Veterans Assistance and Services Grants to fund programs that promote business ownership for veterans and services to small businesses, including those dealing with deployment of key personnel overseas.
The veterans grant award recipients are all SBA Small Business Development Centers (SBDCs) and were competitively selected based on their range of services provided to veterans. [Read the full article]

DUBLIN, Ireland--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/eaabf7/china_vitamin_mark)
has announced the addition of the "China Vitamin Market Report, 2007-2008" report to their offering. The period from 2003 to the end of 2006 had witnessed the rapid
development of Chinese vitamin manufacturers. They had together played an important role in the international vitamin market via effective means like expansion and integration. During this period, the vitamin price has been steady. The export value of raw vitamin materials amounted to USD819 million in 2006, accounting for 11.5% of the total export medical products, up 8% year-on-year, moreover, the export volume was 132,000 tons, up 4.25% year-on-year.The price of niacinamide, applied widely in feedstuff additives, was increased to RMB150/kg in May 2008 from RMB80/kg at the beginning of 2008. [Read the full article]

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