Sentences with phrase «of subordinated debt»

Additionally, rating agencies and bond buyers of subordinated debt are increasingly frowning upon fixed - rate, interest - only loans.

(i) A national bank must disclose clearly on the face of any subordinated debt note the following language in all capital letters

Subordinated debt Holders of subordinated debt rank below most other bondholders when it comes to paying them back if the company goes backrupt.

I'll toss out this idea: Wall Street creates a bunch of small cap companies to own the assets, and the tranches, are simply different levels of subordinated debt.

In the event of borrower default, owners of subordinated debt will not be paid out until owners of higher - ranking debt are paid in full.

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

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

We had a layer of subordinated debt in our capital structure.

Given Osiris's strong five - year record of growth and profitability, Bowers was able to help make Miller's wishes come true: he structured a deal that raised $ 13 million from a large local pension fund — the Pennsylvania Public School Employees Retirement System (see «What Pension Funds Want,» [Article link]-RRB--- by selling a package of subordinated debt and convertible preferred stock, which included a fixed interest rate and dividend yield.

That investment structure ended up being in the form of subordinated debt, a solution that allowed Assell and GolfTEC to rapidly increase the company's growth.

HUD HOME reduces the amount of subordinate debt on affordable housing development projects, according to Baldasare, so cutting the HUD budget would exacerbate the equity gap problem.

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).

Under European rules, a public recapitalization entails that equity holders and subordinated creditors (owners of high - ranking debt) will have to share the burden and enter a «bail - in» of 8 percent (minimum) before public money is used.

Senior debt principal and interest - usually in the form of a bank loan - is paid off first while the subordinated debt principal and interest is paid off second.

GolfTEC's Assell used a lesser - known option, subordinated debt, which enables business owners to retain more ownership of their company while still receiving the capital they need.

Subordinated debt offers business owners access to capital they may be unable to obtain from a bank due to a lack of tangible assets to offer as collateral.

Gerard Bucas, president of computer - peripherals maker Great Valley Products, a $ 32 - million S corporation in King of Prussia, Pa.: «Last year we raised $ 5 million in venture capital, which we structured as subordinated debt so we'd be able to retain our S - corporation status.

Flaherty supports the proposal, arguing in an April letter to his G20 counterparts that embedded contingent capital would «force the costs of excessive risk - taking to be removed from taxpayers and placed on to the right people — shareholders and subordinated debt holders — thus improving market discipline.»

In many cases, companies have several different types of debt, and some of these lenders may be subordinate to others.

Junk bonds are typically subordinated, unsecured debt obligations of the issuer.

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.

Focused on clean energy infrastructure assets in North America, including solar, wind, energy efficiency, storage, and water, the Fund seeks to encompass a broad array of investment structures, such as senior debt, subordinated debt, and preferred equity.

The CDS on DB's subordinated debt have gone parabolic, jumping to a spread over Treasuries of well over 500 basis points today.

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.

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.

The firm also avoids subordinated - debt tranches, which are often wiped out in restructurings and pools with lots of smaller mortgages, because the high fixed closing costs often deter refinancing of such debt.

The amended terms include an agreement that PTM must raise a minimum of $ 20 - million in subordinated debt and / or equity before May 15.

In a liquidation, preferred stock is senior to common stock, but subordinate to all forms of debt.

Since joining Citi in 2000, Mr. Albano has covered nearly all disciplines of the commercial real estate industry including: equities, direct investments, fund / platform investments, loan origination, M&A, asset management, subordinate debt structuring and placement, corporate finance, and loan syndications.

After the debt ceiling fiasco in the summer of last year, Obama and his political team all but abandoned governing and subordinated everything to the imperatives of winning the 2012 election.

PAID CONTENT — May 22 — The owners of PlanetOut hope to raise $ 15 million + in new equity or subordinated debt as it tries to dig out from $ 26.5 million in debt.

A Bureau credit instrument can be junior (i.e., subordinate) to the project's other debt obligations in the priority of its lien on the project's cash flow.

The $ 208.4 million Phase 2 project will be funded with a $ 49.7 million HPTE capital payment, $ 8.2 million in State of Colorado funds, $ 2.6 million in federal funds, $ 14.8 million from local sources, $ 20 million in PABs, $ 20.6 million in private equity, $ 20.6 million in subordinated debt, $ 8.6 million in pay - as - you - go toll revenues and $ 3.4 million from other sources.

Because of its subordinate position, the mezzanine loan assumes a higher risk profile than senior debt but retains a less risky position than preferred equity.

That said, I would be uncomfortable owning Fannie or Freddie here; just because the government might stand behind senior obligations doesn't mean they would take care of the common and preferred stockholders, or even the subordinated debt.

It mandates principal reductions and does not permit new subordinate liens to be used to pay off some portion of the existing mortgage debt, even if that debt were secured by the value of the property.

Debtors with financial dilemmas run into the arms of debt management companies to be rescued and act as the subordinates between them and the creditors.

An example of subordinated (secured) debt is a second mortgage on a house.

They represent a slice of a company's capital structure that is senior to the common shares, but subordinate to the debt (both secured and unsecured).

It invests in the equity and subordinated debt tranches of collateralized loan obligations (CLOs).

Benjamin Graham, the father of value investing, was known to hold common stocks, preferred stocks, convertible preferred stocks, mortgage bonds, subordinated debt and convertible bonds.

On the one hand, I rode the recovery story in cheap large caps, but additionally I kind of «discovered» distressed and subordinated debt which offered amazing risk / return opportunities.

Common stock is subordinated to preferred stocks, bonds and other debt instruments in a company's capital structure, and therefore will be subject to greater dividend risk than preferred stocks or debt instruments of such issuers.

That is another impact of the federal reserve flooding the debt markets with liquidity — the safe investments yield little, forcing those that want yield to take significant risks, whether those risks are lending long, high credit risk, operational risk (common stock and MLP dividends), or subordinated credit risk (preferred stocks).

Further, there is a yield hunger on the part of buyers that allows corporations to sell debt, even subordinated debt cheaply.

It held liabilities in the form of deposits of $ 188.3 billion, and owed $ 82.9 billion to the Federal Home Loan Bank, and had subordinated debt of $ 7.8 billion.

Then, either the indenture trustee, or usually 25 % of the subordinated creditors, can accelerate the debt, declaring it due and payable.

Subordinated debt is debt that is ranked below all senior debts of a company.

Of all a company's total debt and equity issuance, unsubordinated debt is prioritized first, followed by subordinated debt, before preferred and common equity are considered.

Because senior debt has a relatively secure claim, it is less risky from the point of view of the lender and, thus, pays a lower rate of interest compared with debt of the same issuer having a subordinate claim.