Continental set up an LLC, backed with bank financing, to acquire the building.

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Nearly two weeks ago, Nomura analyst Alastair Syme floated what looked like a novel idea at the time: with debt financing appearing expensive and asset sales taking time, oil giant BP may consider an equity-linked financing backed by a sovereign wealth fund.

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Because the financing is backed by the full faith and credit of the lender's government, the borrower gets better terms.

CENTERFORSECURITYPOLICY: US-Soviet Relations