Not exact matches
Our
debt balance as of March 31, 2018, was $ 348 million, down
from $ 780 million at loan
origination in April 2016; our
debt to Adjusted EBITDA ratio is well below one times; and we have reduced our non-GAAP interest expense by over 70 % since
origination on an annualized basis.»
Prior to joining Cerberus, Mr. McLeod managed the leveraged finance
origination and execution activities at CIBC World Markets
from 1998 to 2006, where he originated, structured and executed transactions involving high yield
debt securities, leveraged loans, privately placed mezzanine securities and merchant banking investments.
Mortgage
originations reversed a four - quarter trend in the third quarter, rising for the first time in a year, according to the Quarterly Report on Household
Debt and Credit
from the Federal Reserve Bank of New York.
We announced another round of
debt financing
from longtime partners Victory Park Capital, and we also surpassed $ 1 billion in loan
originations.
Apart
from interest,
origination fees are the biggest charge you'll encounter with
debt consolidation loans.