Not exact matches
The
bank business lends
debt (not
equity) to innovation companies, along with other business
banking products
and services.
Corporate investment -
banking fees were down 4 % from the year - ago quarter because of lower advisory
and equity issuance fees but partly offset by higher
debt - issuance fees, according to the firm.
Tapping into tax credit allocations through the New Market Tax Credits scheme, which offers investors tax credits for investing in CDFIs, generated more than $ 65 million in leveraged
debt from TCE
and Capital Impact
and $ 60 million of tax credit
equity from JP Morgan
and US
Bank.
No word yet on the
equity - to -
debt ratio, but
debt financing will be provided by a large group of
banks that include BofA Merrill Lynch, Morgan Stanley, CUBS
and Jefferies.
These include currency - hedged ETFs, triple - levered ETFs based on commodities, unconstrained bond funds with short positions betting against U.S. Treasurys, private
equity funds, emerging market
debt instruments, historically less - liquid
bank loan funds,
and all manner of actively managed strategies packaged in supposedly easy to buy
and sell wrappers.
To date, Kaltura has raised more than $ 100 million in
equity and debt,
and we've done it all without the aid of any investment
bank or broker.
For example, a project with 70 percent
bank debt, 10 percent subordinated
debt and 20 percent
equity, could be viewed by the senior lender as a project having roughly 70 percent
bank debt and 30 percent
equity.
Lewis, fund's chief investment officer, spent nine years at Citigroup as a director of the
bank's global special situations group, a $ 5 billion prop - trading group that specialized in distressed
debt, high - yield bonds,
and value
equity.
Seadrill said the approved plan, which extends maturities of $ 5.7 billion in
bank debts, converts $ 2.3 billion of unsecured bonds to
equity and injects $ 1 billion in new
debt and equity, would enable the company to take advantage of a market recovery.
In October, after vetting candidates for months, he raised $ 8 million in both
debt and equity from Philadelphia - based TRF Private Equity; NewSpring Mezzanine Capital, a private equity firm in King of Prussia, Pennsylvania; and Wachovia
equity from Philadelphia - based TRF Private
Equity; NewSpring Mezzanine Capital, a private equity firm in King of Prussia, Pennsylvania; and Wachovia
Equity; NewSpring Mezzanine Capital, a private
equity firm in King of Prussia, Pennsylvania; and Wachovia
equity firm in King of Prussia, Pennsylvania;
and Wachovia
Bank.
The
equity came from return backers like Stanmore Medical Investments
and Aphelion Capital, while Silicon Valley
Bank provided the
debt facility.
Nachmann's financing group houses
equity and debt capital markets
and the
bank's loan business.
He then moved back into
banking, eventually becoming global head of the financing group, the unit that houses the
equity and debt capital markets businesses, for six years from 2008 to 2014.
The
bank ranked No. 3 in the
equity capital - markets revenue rankings in the first nine months of the year, according to Dealogic,
and fifth by
debt market revenue.
But cross-country differences in
equity returns declined to pre-crisis levels while the range of yields on
debt securities issued by
banks and by non-financial corporations also narrowed, suggesting that there is some integration at least in prices of financial instruments.
However, Barclays overall performance was buoyed by a strong performance in its credit cards business
and investment
banking division, which advises on M&A transactions
and equity and debt underwriting.
But as most
debts are denominated in euros —
and owed mainly to foreign
banks or their local branches — devaluation would cause a sharp jump in
debt service, causing even more defaults
and negative
equity in real estate.
The turnaround is in part due to policy initiatives such as
debt - for -
equity swaps that helped the largest
banks deal with rising
debt loads,
and a widespread crackdown by the government on shadow
banking that has given them an edge over smaller peers.
However, in comparison to households that only hold owner - occupier
debt, there is evidence that investors tend to accumulate higher savings in the form of other assets (such as paying ahead of schedule on a loan for their own home, as well as accumulating
equities,
bank accounts
and other financial instruments).
The Carlyle Group («Carlyle») is one of the world's largest global alternative asset management firms that originates, structures
and acts as lead
equity investor in management - led buyouts, strategic minority
equity investments,
equity private placements, consolidations
and buildups, growth capital financings, real estate opportunities,
bank loans, high - yield
debt, distressed assets, mezzanine
debt and other investment opportunities.
Jason joined NEP in 2006 after working at Credit Suisse First Boston (CSFB) in their global industrial & services group where he participated in the origination
and day - to - day execution of various investment
banking transactions, including acquisitions
and divestitures, public
equity and debt financings,
and private placements.
What really triggered the
equity sell - off was fear over the solvency of French
and Italian
banks holding large amounts of Greek, Irish
and other poor quality sovereign
debt.
Two centuries ago, French followers of Count Henry St. Simon outlined an industrial system that was to be based mainly on
equity financing (stocks) rather than
debt (bonds
and bank loans).
Our Global Market Strategies segment, established in 1999 with our first high yield fund, advises a group of 46 active funds that pursue investment opportunities across various types of credit,
equities and alternative instruments, including
bank loans, high yield
debt, structured credit products, distressed
debt, corporate mezzanine, energy mezzanine opportunities
and long / short high - grade
and high - yield credit instruments, emerging markets
equities,
and (with regards to certain macroeconomic strategies) currencies, commodities
and interest rate products
and their derivatives.
Investment
banks often say that underwriting
debt and equity issues for companies brings in trading activity,
and vice versa.
We invest in countries around the world at all levels of the capital structure — from
debt (first lien
bank debt, second lien loans
and high yield bonds) to undervalued
equity.
So many mortgages, so many assets
and so many
banks themselves have negative
equity — that is, they owe more
debt than their assets are worth — that there is no point in buying assets right now.
This two - part system is designed to exploit the role of
equity in reducing the risk appetite of
banks by requiring them to have more
equity in their capital structure,
and the role of uninsured
debt by making it more desirable for creditors to monitor
bank management.
Before joining Thundelarra in April 2012, he spent 29 years working in both the
equities markets as a mining research analyst specialising in the exploration
and early producer segment;
and also in the
debt markets as a project financier
and as a corporate banker servicing the financing, hedging
and day - to - day transactional
banking needs of Australian resource companies of all sizes.
The Feds thought what we need to do is re-inflate prices back to bubble levels, so as to keep the
debts on the books
and save the
Banks from having negative
equity.
This is especially true on the downside because high yield investors typically are «privy» to
bank credit information — trust me, this is true, as our high yield desk was next to the
bank debt trading desk
and we were very friendly with each other —
and can see when corporate numbers are deteriorating well in advance of
equity analysts
and investors.
Assuming that the total amount of bad
debt in the
banking system exceeds total
bank capital — something which is almost certainly true — the conversion of
debt which can not be serviced into an
equity position that is unlikely to generate much more (
and in an economic downturn, which is when we are most concerned about the
debt burden, we can assume that the decline in value of these
equity positions will be highly correlated) leaves the net indebtedness of the
banking system unchanged,
and so the contingent liabilities of the government are unchanged even as reported
debt in the system declines.
It is true that the housing bubble caused more damage because it was a
debt bubble vs. an
equity bubble,
and that caused a bigger financial problem because
banks and shadow
banks were more financially exposed to the
equity losses of the housing bubble (
equity based upon
debt x 10).
And formulas that give certain types of
debt different weight means that some
banks would be allowed to have
equity financing as low as 2 % or 3 %.
The problem with all this is that when large
banks are funded by so much
debt (
and so little
equity) they're in much greater danger of insolvency during an economic downturn.
They argue that
banks should fund themselves with more
equity and less
debt — or, to put it bluntly, that
banks should risk more of their own money,
and less of everyone else's.
Why then would
banks lend more under conditions where a third of U.S. homes already are in negative
equity and the economy is shrinking as a result of
debt deflation?
But let's back up for a second to make clear why «more
equity and less
debt» would make our
banking system safer.
Revenue from
equities trading as well as advising on mergers, IPOs
and debt issuance helped fuel gains at the investment
bank, with UBS saying the results would have been even stronger excluding currency effects.
Alantra is a global investment
banking and asset management firm focusing on the mid-market with offices across Europe, the US, Asia and Latin America Its Investment Banking division employs over 260 professionals, providing independent advice on M&A, debt advisory, financial restructuring, credit portfolio and capital markets transactions The Asset Management division comprises a team of 78 professionals with $ 3.7 bn in Private Equity, Active Funds, Debt and Real
banking and asset management firm focusing on the mid-market with offices across Europe, the US, Asia
and Latin America Its Investment
Banking division employs over 260 professionals, providing independent advice on M&A, debt advisory, financial restructuring, credit portfolio and capital markets transactions The Asset Management division comprises a team of 78 professionals with $ 3.7 bn in Private Equity, Active Funds, Debt and Real
Banking division employs over 260 professionals, providing independent advice on M&A,
debt advisory, financial restructuring, credit portfolio and capital markets transactions The Asset Management division comprises a team of 78 professionals with $ 3.7 bn in Private Equity, Active Funds, Debt and Real Es
debt advisory, financial restructuring, credit portfolio
and capital markets transactions The Asset Management division comprises a team of 78 professionals with $ 3.7 bn in Private
Equity, Active Funds,
Debt and Real Es
Debt and Real Estate
He represents issuers
and underwriters in public
and private initial
and follow - on offerings of
equity and debt securities,
banks and hedge funds in secondary market par
and distressed
debt trading,
and sponsors of
and liquidity providers to securitization vehicles in connection with transactions
and regulation applicable to their activities.
The
bank posted $ 1.6 billion in revenues from investment
banking, down 7 % «driven by lower
debt and equity underwriting fees, which were partially offset by higher advisory fees.»
Capital Markets
Debt /
Equity India's
banks — both private
and state - run — have been given a powerful tool to deal with bad loans.
Bank of America warns that the CSPP could «quickly become its own worst enemy,» fueling a rise in leveraged buyouts — because «cheap
debt can suddenly make unviable candidates appear «viable» for private
equity» —
and increasing volatility in credit spreads.
In addition to experience operationally
and in the conducting of
equity raises, Mr. Slusarchuk has structured complex
debt financing transactions in the United States, Canada
and Europe with multiple top tier
banks.
They bought enormous amounts of mortgages
and other
debt instruments,
and they drove down interest rates to virtually zero to ensure that the large investment
banks and financial institutions survived — forcing retail investors to participate in high - risk securities such as
equities and corporate
debt instead of stashing their money in
banks.
According to the report released by the Federal Reserve
Bank of New York, housing - related
debt, mortgages
and home
equity lines of credit rose by a combined amount of 0.6 %, $ 56 billion.
Potential risks
and uncertainties include the availability of acceptable
bank debt financing; the availability of acceptable additional
equity investors; delays or interruptions in construction of power plants; the timely availability of required permits
and authorizations for projects from governmental entities
and third parties; changes in applicable regulatory requirements
and incentives for production of solar power;
and other risks described in the company's filings with the Securities
and Exchange Commission.
In addition to advising Verizon Communications in the biggest acquisition of 2013, J.P. Morgan raised $ 6.4 billion in 21
equity deals
and $ 23.1 billion in 77
debt deals for telecom companies, more funding than any other
bank, according to Dealogic.
My view all along has been that if the US had done the difficult thing (let the
banks fail, let
equity and debt holders face whatever came
and only protected depositors) we would have seen real
and organic recovery by now.