Not exact matches
Only with
bonds it's even harder to create a diversified portfolio using individual
bonds on your own unless you (a) have a
large amount of capital (typically
bonds are sold in lots of $ 10,000 or $ 100,000) and (b) know how to trade
bonds on the open market (
transaction costs can be
larger for
bonds than stocks because of the spreads and lack of liquidity).
Higher
transaction costs Due to a typically
large spread between bid and offer prices, and higher
transaction costs associated with less liquid securities, trading high yield
bonds can be costly.
The
largest transaction was ILDC approval of a $ 34 million of tax exempt
bonds with 134 High Street, LLC for construction of an 1,800 - vehicle parking ramp on the Buffalo Niagara Medical Campus (BNMC).
His point was that in the
bond market, since a
large proportion of the dollar value of
transactions came from new issues, those deals in the primary markets were a good indication of where trades should go on in the secondary market for similar pieces of paper.
Unlike the last series of
transactions, a
larger portion of the current addition to the portfolio is going into
bonds.
Individual
bonds are sold is
large denominations (e.g. $ 25,000), and
transaction costs can be $ 100 or more.
Mr. Paxton represented the landlord in the
largest office lease in the history of San Francisco and in the real estate aspects of the securitization and sale of the income stream from that lease into the
bond markets, a
transaction which was the first of its kind in the United States.
The
transaction is part of a
larger fundraising exercise carried out by Pharming to raise $ 104 million before costs (comprising of straight debt, convertible
bonds and proceeds of rights issue) to, amongst others, acquire all commercialisation rights to its own product RUCONEST ® in North America and to repay its existing debt facility.
Our lawyers have extensive experience involving indenture interpretation and enforcement as well as representation of bondholders and corporate trustees in
large bond and structured finance
transactions and defaults.
John has served as
bond counsel, letter - of - credit counsel and underwriters» counsel in
large government
bond transactions and has represented borrowers in significant government finance
transactions.
Real estate by nature is a relationship - oriented industry, where clients and agents form
bonds over the
largest and most important consumer
transaction: purchasing a home.
In the portion of the
bond market that borrowers often use to fund
large real estate
transactions, sales of securities tied to such assets as hotel portfolios and individual office towers have tripled this year, with $ 16.7 billion sold, according to Morgan Stanley.