Sentences with phrase «bank subordinated debt»

Many «core» Canadian fixed income managers have made a good living by holding large amounts of bank subordinated debt and more recently the capital securities (essentially preferred shares) of all five major banks.

Not exact matches

To start, he needed both people and funds — futuristic home doodads don't invent themselves — so he secured $ 12.5 million in subordinated debt financing from the Business Development Bank of Canada and Quebec's Fonds de solidarité FTQ, with flexible five - year payment terms (the latter a reward for years of solid financial management).

Senior debt principal and interest - usually in the form of a bank loan - is paid off first while the subordinated debt principal and interest is paid off second.

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.

Subordinated debt offers business owners access to capital they may be unable to obtain from a bank due to a lack of tangible assets to offer as collateral.

So insured bank deposits are now effectively subordinate to uninsured European bank debt.

It held liabilities in the form of deposits of $ 188.3 billion, and owed $ 82.9 billion to the Federal Home Loan Bank, and had subordinated debt of $ 7.8 billion.

His objective is the toobig to fail institutions, but he says that all banks would have to issue subordinated debt.

Financial guarantee insurance also competes with other forms of credit enhancement, including senior - subordinated structures, credit derivatives, over-collateralization, letters of credit and guarantees (for example, mortgage guarantees where pools of mortgages secure debt service payments) provided by banks and other financial institutions, some of which are governmental agencies or have been assigned the highest credit ratings awarded by one or more of the major rating agencies.

1) How to do a bank / financial bailout: a) wipe out common and preferred equity and the subordinated debt (and offer some warrants to the debtholders).

(i) A national bank must disclose clearly on the face of any subordinated debt note the following language in all capital letters

Malcolm has extensive experience representing lenders and borrowers in secured and unsecured debt financings, including syndicated senior bank credit facilities, first and second lien financings, asset - based (ABL) credit facilities, mezzanine and other subordinated debt financings, debtor - in - possession financings, public and Rule 144A debt offerings, and convertible debt transactions.