Sentences with phrase «for subordinated debt»

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).

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 financing is recommended for businesses that are in a high - growth sector with established revenues and are on a path toward positive operating income within a year.

Subordinated debt: Has a higher interest rate than senior debt does, in exchange for slightly higher risks (since loans get paid only after senior debt is paid).

James joined Triangle Capital (NYSE: TCAP)-- a publicly traded business development company focused on a variety of customized financing solutions including first lien, unitranche, and subordinated debt as well as equity for lower middle market companies — in 2010.

Ray focuses on financial services and commercial real estate, with a specialization in negotiated private placements of term asset - backed securities, warehouse credit facilities, whole loan transactions, subordinated debt financings, and other transactions for specialty finance companies and commercial real estate.

We estimate recoveries could potentially range from 30 percent or less for subordinate, unsecured or appropriated debt to as high as 100 percent for bonds that are deemed by the courts as secured.

The cost of protecting the company's subordinated debt from default for five years using credit - default swaps has more than doubled since the end of 2015, rising to 438 basis points, a four - year high, from 187.

7) Those who have read me for a long time know that I think GM and Ford are eventual zeroes for the equity, and the subordinated debt.

As far as I am aware, this agreement is the first since the Young Plan for Germany's reparations debt to subordinate international debt obligations to the capacity - to - pay principle.

CSDC will develop the property, and is also providing financing in the form of subordinated debt for the project Yu Ying,...

CSDC will develop the property, and is also providing financing in the form of subordinated debt for the project

In such a structure, the investment grade ratings for senior debt helps the DOT evaluate its credit risk as a subordinate lender.

The City will not subordinate its position to loans for other credit debt or loans which do not reflect the criteria listed above.

Subordinate to the first mortgage, these loans offer the borrower the ability to get money for home improvement, debt consolidation, or many other reasons without disturbing their first mortgage.

7) Those who have read me for a long time know that I think GM and Ford are eventual zeroes for the equity, and the subordinated debt.

For loans that receive a «refer» risk classification from TOTAL Mortgage Scorecard (TOTAL) and / or are manually underwritten, the homeowner's total monthly mortgage payment, including the first and any subordinate mortgage (s), can not be greater than 31 percent of gross monthly income and total debt, including all recurring debts, can not be greater than 50 percent of gross monthly income (these are very rarely accepted and if this is the outcome of initial underwriting, other options should be considered)

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.

Additionally, analysts expect bond buyers of commercial real estate collateralized debt obligations (CDOs) to demand higher yields for subordinated loan products, which also will increase the cost of mezz.

Indeed, the more intense focus on loans is giving subordinated debt lenders more financing opportunities as the need for additional capital grows among borrowers.

Other landlords also are hunting for mortgages on the cheap and are paying close attention to subordinated debt.

As a Managing Director at JP Morgan, Mr. Kosonen is responsible for the origination, underwriting, closing, and structuring of debt investments (first mortgage and subordinate debt) secured by commercial real estate for CMBS and the firm's balance sheet.