Debt capital for the transactions was provided by Freddie Mac through Walker Dunlop ($ 75.9 million) and through a loan commitment led by Ares Commercial Real Estate Corp. ($ 107.1 million).
HUD, local / regional banks and Fannie and Freddie are considered to be the most significant sources of
debt capital for the seniors housing sector.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential
for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences
for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals
for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand
for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance
debt, including our ability to obtain the
debt to finance the purchase price
for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate
for our additional
capital needs or
for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions
for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
• Braavo
Capital, a New York - based integrated financing platform
for mobile app businesses, raised more than $ 70 million in
debt and equity.
The hedge fund also recommended that Tim's convert part of its business to an REIT, and add more
debt to its balance sheet
for «
capital return.»
• Nordic
Capital agreed to buy Alloheim, a German nursing home operators,
for about 1.1 billion euros ($ 1.3 billion) including
debt, Reuters reports citing sources.
• Odyssey Investment Partners agreed to acquire CPI International, a Palo Alto, Calif. - based circuits manufacturer, from Veritas
Capital for more than $ 800 million, including
debt, according to Reuters.
Most of the
debt — about 85 % — will be converted into controlling equity stakes
for such investors as Apollo Global Management, Babson
Capital Management, and Guggenheim Investment Management.
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.
It suggests that even though trade tensions between the two countries flared in late March, US government
debt still represents an attractive asset class
for Chinese
capital flows.
Scarborough - based West African Resources has tapped investors
for a $ 21 million
capital raising to pay off
debt and fund ongoing development of its Tanlouka gold project.
Perth - based Swan Gold Mining has completed a one -
for - 10 share consolidation as part of a restructuring of the company that it proposes including a
capital raising of up to $ 20 million and
debt to equity conversion of more than $ 29 million.
EBITDA does not give effect to the cash that we must use to service our
debt or pay our income taxes, and thus does reflect the funds actually available
for capital expenditures, dividends or various other purposes.
As a result, more entrepreneurs and businesses have access to outside
capital than ever before and
for the first time, investors can efficiently build diversified portfolios of private equity and
debt investments.
Under a restructuring pact, senior lenders including Silver Point
Capital, Melody
Capital Partners LP and funds affiliated with KKR Credit Advisors will exchange
debt for equity ownership in the reorganized company.
Under that plan, Remington's private equity owner, Cerberus
Capital, would no longer own Remington and its creditors would get equity in exchange
for scrapping its
debts.
It also finished the year top of the table
for debt capital markets revenue, equity
capital markets revenue, and syndicated loans revenue, according to figures from Dealogic.
Endurance Lending Network is a web - based lending platform that connects small businesses looking
for up to $ 500,000 of
debt capital with nontraditional lending sources (accredited individuals, family offices, wealth management platforms,
debt funds, etc.).
The retailer was saddled in
debt, some $ 4.9 billion, left from a 2005 leveraged buyout
for about $ 6.6 billion by private equity giants Kohlberg Kravis Roberts and Bain
Capital, as well as real estate trust Vornado.
And then you spend the rest of your life not knowing what
debt capital markets are and what your new friend does
for a living because you're too afraid to ask.
Adding to the M&A hurry are the current low interest rates, which make
capital cheap
for companies like Allergan (AGN) and Mylan (MYL) that have funded their acquisitions with
debt.
Weighted average (between
debt and equity) cost of
capital (WACC): This is the firm's true annual cost to obtain and hold onto the combination of
debt and equity that pays
for the fixed asset base.
Provide long - term working
capital for operational expenses or to purchase inventory Short - term working
capital, including seasonal financing and exporting Purchase equipment, machinery, furniture, fixtures, supplies or materials Buy land or to purchase, build or renovate an existing building Expand an existing business Refinance
debt (under certain conditions)
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 Bank.
Instead, structure the investment as convertible
debt: a loan that gets swapped
for equity in the next big round of financing, says David Cohen, a venture
capital investor and CEO of TechStars, a Boulder, Colorado - based angel fund.
It is a black - eye
for its its three owners, KKR, Bain
Capital Partners and real estate investment trust Vornado Realty Trust, who took the retailer private in 2005
for $ 6.6 billion, leaving it with $ 4.9 billion in
debt.
Moody's Investor Service downgraded Tesla's
debt into junk territory back in March, warning at the time that Tesla didn't have cash to cover $ 3.7 billion
for normal operations,
capital expenses and
debt that come due early next year.
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.
a government, corporation, municipality, or agency that has issued a security (e.g., a bond) in order to raise
capital or to repay other
debt; the issuer goes to an underwriter to get their securities sold in the new issue market;
for certificates of deposit (CDs), this is the bank that has issued the CD; in the case of fixed income securities, the issuer of the security is the primary determinant of the security's characteristics (e.g., coupon interest rate, maturity, call features, etc..)
In September, Governor John Hickenlooper announced his administration would allocate $ 9 million (with an option
for an additional $ 3 million) to a fund that would provide early - stage investment
capital and / or
debt to startups in rural Colorado counties.
These risks and uncertainties include competition and other economic conditions including fragmentation of the media landscape and competition from other media alternatives; changes in advertising demand, circulation levels and audience shares; the Company's ability to develop and grow its online businesses; the Company's reliance on revenue from printing and distributing third - party publications; changes in newsprint prices; macroeconomic trends and conditions; the Company's ability to adapt to technological changes; the Company's ability to realize benefits or synergies from acquisitions or divestitures or to operate its businesses effectively following acquisitions or divestitures; the Company's success in implementing expense mitigation efforts; the Company's reliance on third - party vendors
for various services; adverse results from litigation, governmental investigations or tax - related proceedings or audits; the Company's ability to attract and retain employees; the Company's ability to satisfy pension and other postretirement employee benefit obligations; changes in accounting standards; the effect of labor strikes, lockouts and labor negotiations; regulatory and judicial rulings; the Company's indebtedness and ability to comply with
debt covenants applicable to its
debt facilities; the Company's ability to satisfy future
capital and liquidity requirements; the Company's ability to access the credit and
capital markets at the times and in the amounts needed and on acceptable terms; and other events beyond the Company's control that may result in unexpected adverse operating results.
For emerging and developing economies, risks relate to rising vulnerabilities — lower commodity prices, higher corporate debt, volatile capital flows and — for some countries — de-risking and reduced bank lendi
For emerging and developing economies, risks relate to rising vulnerabilities — lower commodity prices, higher corporate
debt, volatile
capital flows and —
for some countries — de-risking and reduced bank lendi
for some countries — de-risking and reduced bank lending.
Editor's take: The
Capital One Quicksilver Cash Rewards Credit Card is a great fit
for frequent travelers looking to consolidate and pay down their
debt over a short period of time.
Michael's post seems to have three suppositions: Chinese companies price
capital incorrectly; Chinese companies invest in value destroying projects; There is no correcting accounting mechanism in China
for these projects as exist in other countries, thusly Chinese GDP inflates «real» growth and
debt servicing ability.
This money could be used
for launching new products, paying off
debt or purchasing
capital to expand the company, such as machines or buildings.
Debt leveraging inflates property prices, creating (6) hopes for capital gains, prompting buyers to take on even more debt in the speculative hope that rising asset prices will more than cover the added interest, which is paid out of capital gains, not out of current inc
Debt leveraging inflates property prices, creating (6) hopes
for capital gains, prompting buyers to take on even more
debt in the speculative hope that rising asset prices will more than cover the added interest, which is paid out of capital gains, not out of current inc
debt in the speculative hope that rising asset prices will more than cover the added interest, which is paid out of
capital gains, not out of current income.
Some examples: in the presence of full expensing, a corporate rate reduction has no effect on the cost of
capital for equity - financed investments and raises the cost of
capital for debt - financed investments.
Given the relative position in the
capital structure and security surrounding
debt investments, the rate of return
for creditors of a given company is typically lower than the company's equity holders.
When sourcing
capital for a new business venture, entrepreneurs utilize one of two basic structures:
debt or equity.
The company has been saddled with
debt since buyout firms KKR & Co L.P. (KKR.N) and Bain
Capital LP, together with real estate investment trust Vornado Realty Trust (VNO.N), took Toys «R» Us private
for $ 6.6 billion in 2005.
Easy way
for debt to be reconciled: higher income taxes on very high earners, taxing
capital gains / dividends as income, and getting rid of the mortgage interest rate deduction.
BNSF has billions upon billions of dollars in
debt, which help fund its massive
capital expenditure budget
for railroad track, railroad cars, and other infrastructure.
Generally,
capital raised
for new businesses takes one of two structures:
debt or equity.
RCG Longview provides smart
debt and equity - oriented
capital solutions
for talented owners and operators of real estate.
Given the seniority of
debt within the
capital structure, the rate of return
for debt investments is typically lower than its equity investment counterpart.
Finance Grow convertible equity investment pitch money raising startup
capital seed funding seep capitalSome wonder if it is a good replacement
for convertible
debt (which has become ubiquitous in seed stage startup funding).
Loan or
Debt Crowdfunding: Also known as peer - to - peer lending, individuals provide
capital to businesses or individuals in exchange
for interest payments and return of principal over a defined time period, similar to a mortgage or a car loan.
What passed
for Soviet Marxism lacked an understanding of how economic rents and the ensuing high labor costs affected international prices, or how
debt service and
capital flight affected the currency's exchange rate.
If you operate a small business in the United States or any of its territories, have some
capital of your own to invest in your business, and are current with all
debt payments to the U.S. government (including your income taxes), you may be eligible
for an SBA loan — unless your business falls into one of the ineligible businesses identified by the SBA:
A company with negative working
capital (more liabilities than assets) is generally seen as being in financial risk
for increased
debt (which may lead to bankruptcy).