Sentences with phrase «of subordinated financing»

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).

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.

[Subordination: The Note shall be subordinated to all indebtedness of the Company to banks, commercial finance lenders, insurance companies, [leasing or equipment financing institutions] or other lending institutions regularly engaged in the business of lending money -LSB-(excluding venture capital, investment banking or similar institutions which sometimes engage in lending activities but which are primarily engaged in investments in equity securities)-RSB-, which is for money borrowed, [or purchase or leasing of equipment in the case of lease or other equipment financing,] whether or not secured.]

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.

Funding includes financing from NYS Housing Finance Agency tax - exempt tax exempt bonds; HCR subordinate funding of $ 4,375,000 from HFA, $ 2 million through the Homes for Working Families program, $ 250,000 through the Community Investment Fund; $ 10 million Low Income Housing Tax Credit equity; $ 2.5 million State Low Income Housing Tax Credit equity; $ 2.2 million of subordinate funding from Citibank; existing reserves and rental income.

One of the subordinates, according to him, is the Director of Finance of the Nigeria Air Force, NAF, which according to him «was given instruction by Badeh to convert public funds into dollars and to use same to buy all the assets referred to in the body of the charges».

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

CSDC can provide senior financing or subordinate / mezzanine loans, either solely or as part of a larger financing package.

One such scenario is when a borrower with a credit score over 740 purchases a single - family, detached home with a downpayment of 40 % or more with no subordinate financing.

This includes the combined total of your refinance mortgage amount and any subordinate financing including home equity loans and lines of credit.

But the subordinate goals of the cash flow statement are to show us how much cash has been generated from operations, how much has been used in investing, and how much has been acquired through financing.

As expected, Axcelis has used US$ 86.4 million of the proceeds to repay Convertible Senior Subordinated Notes that were due in January but the company had failed to secure alternative finance last year to pay the notes.

DU will continue to allow CLTV ratios of 105 % when the subordinate financing is a Community Seconds ® mortgage.

Rates or points provided in pre-qualification or pre-approval letters do not take into consideration possible adjustments based on evaluation of: member's credit score, Loan - To - Value, Combined Loan - To - Value, subordinate financing, occupancy, appraised value, down payment, property type, property use and loan purpose.

In a poorly financed company, would one prefer to have had the company issue subordinated debentures or a preferred stock which is, of course, subordinated to the debentures?

It was an almost entirely debt - financed acquisition comprised of senior debt from GE Capital plus subordinated seller financing from Pacific's affiliate, Nationwide Theatres.

With net finance cost (inc. hybrid coupons) of $ 130 million amounting to 31 % of our average margin, debt would need to be halved to hit a more manageable 15 % — though bearing in mind some of that debt's subordinated, plus cash on hand, let's back out 50 % of the hybrid debt — net - net this implies a $ 1.2 billion negative debt adjustment.

You may not use subordinate financing (e.g.; home equity line of credit, home equity loan, «soft second») in conjunction with a Conventional 97 mortgage.

Peter's private placement practice involves the representation of both issuers and institutional investors in connection with a wide variety of structures and securities, including secured and unsecured senior debt securities, subordinated debt, convertible debt, preferred stock, warrants, trust - preferred securities, merger and acquisition financing, ESOP financings, credit tenant loans, leveraged leases and other structured financings, together with related workout and other restructuring transactions.

The Firm has represented lenders and borrowers in all types of commercial lending and financing transactions, including construction loans, leasehold mortgage loans, mortgage loans secured by properties in numerous states, interim, bridge or mezzanine - type financing, permanent loans and subordinated financing and intercreditor transactions.

The firm is frequently called upon by major players in the region to advise on a variety of corporate finance mandates, with recent work highlights including assisting a group of financial institutions, acting as the deal managers, with General Shopping's offer to exchange subordinated unsecured notes for senior secured notes and equity.

Edward Sunderland acted for HSBC Bank on the amendment of Capital Bridging Finance No. 1 Limited securitisation documents to replace the mezzanine note with variable rate subordinated secured notes.

She advises clients on corporate finance, bankruptcy and creditor - debtor relations law, and counsels public and private companies in connection with senior and subordinated debt facilities and receivables financing, including factoring transactions and securitizations and the issuance of true sale and non-consolidation opinions.

55 That condition is based on the idea that the exercise of the right of residence for citizens of the Union can be subordinated to the legitimate interests of the Member States — in the present case, the protection of their public finances (see, by analogy, Case C ‑ 413 / 99 Baumbast and R [2002] ECR I ‑ 7091, paragraph 90; Zhu and Chen, paragraph 32; and Case C ‑ 408 / 03 Commission v Belgium [2006] ECR I ‑ 2647, paragraphs 37 and 41).

The guidance provided covers various types of financing instruments used from plain equity to subordinated...

Essential Duties and Responsibilities of an Assistant Controller • Supervises subordinate personnel in accounts receivable and accounts payable areas of a finance department.

Professional Experience U.S. Army National Guard (Flemington, NJ) 01/2010 — Present Second Lieutenant, Finance Corps • Trained in Generally Accepted Accounting Practices (GAAP) and OMB Circular A-123 Internal Controls • Responsible for the management and disbursement of over $ 7,000,000 in tangible assets during military missions • Supervised financial control and money management procedures of four subordinate units • Coordinated and purchased logistical materials and sustenance of National Guard unit • Planned, executed, and coordinated over 45 missions with other unit officers to meet and exceed unit goals

One such scenario is when a borrower with a credit score over 740 purchases a single - family, detached home with a downpayment of 40 % or more with no subordinate financing.

This also means we can not pay off any subordinate financing such as a line of credit, 2nd mortgage, or grants.

The term «federally related mortgage loan» is broadly defined to encompass virtually any purchase money or refinance loan, with the exception of temporary financing, that is «secured by a first or subordinate lien on residential real property (including individual units of condominiums and cooperatives) designed principally for the occupancy of from one to four families...» 12 U.S.C. 2602 (1).

Under the HUD exemption, lenders need not provide the RESPA GFE and RESPA settlement statement when six prerequisites are satisfied: (1) The loan is secured by a subordinate lien; (2) the loan's purpose is to finance downpayment, closing costs, or similar homebuyer assistance, such as principal or interest subsidies, property rehabilitation assistance, energy efficiency assistance, or foreclosure avoidance or prevention; (3) interest is not charged on the loan; (4) repayment of the loan is forgiven or deferred subject to specified conditions; (5) total settlement costs do not exceed one percent of the loan amount and are limited to fees for recordation, application, and housing counseling; and (6) the loan recipient is provided at or before settlement with a written disclosure of the loan terms, repayment conditions, and costs of the loan.