Sentences with phrase «lenders equity ownership»

Not exact matches

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.

She knew she could remain living in her home while keeping ownership, and also receive some of her home's equity in cash in exchange for granting the lender a mortgage.

The book and subsequent articles point out precisely the opposite: when you bought the house in the first place you did leverage, because you had no equity to balance the loan; your lender had the strangle hold on your ownership of the property.

The main advantage to debt financing over equity financing is that the lender does not take an equity position in your business - you retain full ownership and the lender has no control over the running of the business.

If so, then you might qualify to receive a lender grant for the other two percent so you start ownership with three - percent equity even though you only put down one percent.

If you were to default on the loan, the lender could recoup its losses by taking ownership of that equity.

It is usually debt capital that gives the lender the right to convert to an ownership or equity interest in the company if the loan is not paid back in time and in full.

Over time the equity or ownership stake will shift from the lender to the deed holder.

Kenya Airways has undergone a complex and contentious USD 2 billion financial restructuring; the intricate deal saw through a variety of things, such as: re-profiling of payments owned to various lenders; a debt - for - equity swap and the agreement of a new financial facility from Kenyan banks, which thus placed the airline largely in shared ownership between Kenya's government, owning 48.9 % and a consortium of 11 Kenyan commercial banks owning 38.1 %

Over time you gradually accumulate what lenders call «equity,» an ownership interest in the property that you can often borrow against or convert into cash by selling the house.