Sentences with phrase «on bridge financing»

Part of Weil's team advising Morgan Stanley and Goldman Sachs on bridge financing to XL Group plc for its $ 4.1 billion acquisition of Catlin Group Limited, a Bermuda - based specialty insurance and reinsurance company.

Not exact matches

We'd get cash advances on our credit cards to pay them — that was our «bridge financing» for five months.
To pay for it all, the company took on expensive bridge financing.
«We're pleased that the decisive action on the part of government to bridge finance MaRS has paid off in the interest of all Ontarians.
A bridge loan can finance the remedial work, and then be replaced by long - term financing on the rehabbed property.
You can use a bridge loan (or hard money loan) to make the down payment and monthly payments on the new property until you can arrange long - term financing.
What U.S. regulators could learn from London on innovation Britain, with fewer regulations, is bridging the tech and finance worlds of continental Europe and the U.S.Britain, with fewer regulations, is bridging the tech and finance worlds of continental Europe and the U.S.
Robyn joins Align from U.S. Trust where she served as a Vice President and Private Client Advisor and focused her wealth management practice on bridging the gap between traditional investment capital and financing social change.
A Convertible Loan is commonly used as part of the first financing of a company when valuation can't be agreed on, or as a bridge ahead of a larger Seed or Series A round.
You basically need to build a spreadsheet to model percentage ownership of the bridge investor depending on the valuation in the next round of financing.
Third, why does the Finance Minister want to create an independent CIDB that will focus only on «National Economic Development projects such as toll highways and bridges, high - speed rail, port and airport expansions, smart city infrastructure, national broadband infrastructure, power transmission and natural resource infrastructure?
While predicting that work on the new Tappan Zee Bridge could start as early as this summer, incoming Thruway Authority executive director Tom Madison revealed at confirmation hearings yesterday that financing for the new bridge is still very much a work in proBridge could start as early as this summer, incoming Thruway Authority executive director Tom Madison revealed at confirmation hearings yesterday that financing for the new bridge is still very much a work in probridge is still very much a work in progress.
Friday's conference also indirectly touched on major questions surrounding the financing of the Tappan Zee Bridge, which Streetsblog will explore in a follow - up post.
With the state anxious to begin construction on a new Tappan Zee Bridge, New York Comptroller Tom DiNapoli says his office will be keeping a close eye on the financing of the more than three billion dollar project.
Question topics included the expected new bridge tolls, a toll and finance task force expected to have already been created, whether it's «overtly political» to not announce new tolls before the November election, whether there continues to be a $ 3.9 billion cap on the bridge cost, two Hudson Valley state senate races, how the crane was named, ebola and whether he anticipates limiting travelers into New York and Amtrak's announced plan to close four tunnels for lengthy repair work.
It's time to move on to the issues that confront the state and its voters, like jobs; restructuring government to be what it needs to be to meet the needs of citizens that need help from government; addressing structural problems with the state's finances; ensuring that roads and bridges are safe for passage, not just today, but for tomorrow as well; making the state a place that people want to move to, not out of; and the list goes on.
«We are going to have to provide a financial plan for the Thruway Authority and for the bridge and we do that on an going basis,» he said, adding, «We don't want to get too specific about a tolling plan until we know all the possible financing sources — the federal piece, the EFC piece that I think we all know about and then the settlement funds which kind of thankfully was mana from heavan which a piece of that can be invested in this very important infrastructure project.»
«The Thruway Authority is committed to an unprecedented level of environmental stewardship on the New NY Bridge project, and also to keeping tolls on the new spans as low as possible; this innovative financing package helps us achieve both goals.»
Cuomo, who appeared this morning on Fred Dicker's Talk - 1300 show as well as Susan Arbetter's Capitol Pressroom, said it was possible that the bridge can be financed differently in order to save money and prevent a large toll hike.
His tenure included the Thruway Authority taking the lead on the Tappan Zee bridge replacement project, but also saw a continued strain on its finances as it is operating with a $ 35 million deficit.
Cuomo says he'll appeal the decision, but says financing of the bridge project is not dependent on the loan.
The mayor, sniffling through his remarks, highlighted major investments in the city's public hospitals, whose finances, a city - commissioned report found, were teetering on the edge «of a financial cliff,» and in shoring up the city's bridges, as well as a one - time, $ 183 credit paid out on the water bills of more than half a million homeowners.
The measure was necessary because the Highway Trust Fund, which is used to finance bridge and road construction projects, was set to run out of funding on May 31.
Environmentalists are urging a key review board to vote no on a request from the Cuomo administration to help finance the rebuilding of a major Thruway bridge with a fund designed for municipal clean water projects.
The report by the independent Authorities Budget Office says the Cuomo administration mishandled its attempts to use $ 500 million in federal Clean Water monies to help finance work on the massive Tappan Zee Bridge reconstruction.
The report, by the independent Authorities Budget Office, says the Cuomo Administration mishandled its attempts to use $ 500 million dollars in federal Clean Water monies to help finance work on the massive Tappan Zee Bridge reconstruction, including ignoring a warning letter from the EPA that the bridge project was an inappropriate use of the revolving loan fund, which is supposed to go to communities who need to clean up pollBridge reconstruction, including ignoring a warning letter from the EPA that the bridge project was an inappropriate use of the revolving loan fund, which is supposed to go to communities who need to clean up pollbridge project was an inappropriate use of the revolving loan fund, which is supposed to go to communities who need to clean up pollution.
On the Thruway, the analysis states the Executive Budget would increase the authority's reliance on state dollars «while leaving unanswered questions regarding financing of the Thruway's long - term capital and operational needs, including those for the Tappan Zee Bridge replacement.&raquOn the Thruway, the analysis states the Executive Budget would increase the authority's reliance on state dollars «while leaving unanswered questions regarding financing of the Thruway's long - term capital and operational needs, including those for the Tappan Zee Bridge replacement.&raquon state dollars «while leaving unanswered questions regarding financing of the Thruway's long - term capital and operational needs, including those for the Tappan Zee Bridge replacement.»
On Wednesday, the Thruway Authority is expected to give final approval to accept a $ 256 million loan from the state Environmental Facilities Corporation's clean water loan fund to help finance a new Tappan Zee Bridge.
Cuomo, in that arrogant, dismissive way of his, has refused to take a position on such major issues as fracking, financing of the new Tappan Zee Bridge and locations for casino gambling.
Cuomo says he'll appeal the decision, but says the financing of the bridge project is not dependent on the loan.
He says the public still is not clear on the financing of the massive rebuilding of the thruway Tappan Zee Bridge in the Hudson Valley, and whether tolls will rise.
Fiscal analysts say these numbers make it doubtful the Thruway Authority will be able to borrow enough money to finance the Tappan Zee project without steep hikes on either the bridge itself — one argued that tolls could easily double — or across the entire system.
Back in February, I sent a letter to Governor Andrew Cuomo expressing my growing concern regarding the continued delays in appointing a toll and finance task force to study crossing fees on the new Tappan Zee Bridge.
The proposal, which was approved Monday by the MTA's bridges and tunnels and finance committees, is expected to win approval from the full board when it goes up for a vote on Wednesday, according to Staten Island MTA board member Allen Cappelli.
6 ft., 260 lbs., uncut, divorced Love to go to flea markets, garage sales, auctions read mysteries, sci - fi, history, bios Play contract bridge but am a novice travel around Illinois on weekends when weather is nice Vacation in western states and Canada when finances permit
The outcry grew louder when, just after Braff easily hit his $ 2 million Kickstarter goal (and then some), Worldview Entertainment appeared on the scene and added millions of dollars to Braff's kitty in the form of gap financing, basically a bridging loan predicated on future foreign sales.
Ever since the French filmmaker Leos Carax announced Annette as his next film, the project has seemed just too strange to survive the often perilous road to financing and production: an English - language musical from the director of The Lovers On The Bridge and Holy Motors, with original songs by the cult art - pop duo...
Our membership vote shows that Arizona's charter schools support Proposition 123, and see it as a bridge to school finance reform focused on the students, not the systems.»
The Washington State Legislature authorized the collection of tolls on the existing Floating Bridge beginning in December 2011 to help fund and finance the construction of its replacement, including repayment of the TIFIA loan.
North Coast Financial's broker / owner has provided financing on over $ 750 million in California and Bellflower hard money loans since 1981, offering fix and flip loans, purchase loans, investment property loans, construction loans, estate loans, bridge loans, cash out loans, hard money rehab loans, refinance loans, land loans and other hard money loans.
Or let's say they purchased a home conditional on the sale of their existing home, and because you backed out, they either fail to close on that home or they must take out bridge financing to save the sale.
You can use a bridge loan (or hard money loan) to make the down payment and monthly payments on the new property until you can arrange long - term financing.
James» mortgage broker arranges 30 day bridge financing of $ 50,000, for the down payment payable on March 30th, along with the funds for the $ 250,000 mortgage to complete the purchase transaction on time.
In the event the date of the sale of a home doesn't happen prior to the completion on a new purchase, a home buyer may have the option to secure bridge financing through their mortgage broker and the lender.
A number of lenders offer bridge financing but they fall short in providing details on these types of loans.
Next I assume the same interest expense on the inherited structured finance (assuming they pay off the «bridge loan»), rounded up slightly, to $ 60 million, and capex at about 20 % greater than depreciation just to be safe, and we get to cash flow (CF) before taxes of about $ 120 million.
Brian O'Connor is an award - winning personal finance journailst, the founding managing editor of Bankrate.com, executive ghostwriter, and author of «The $ 1,000 Challenge: How One Family Slashed Its Budget Without Moving Under a Bridge of Living on Government Cheese,» which was named Best Money Management Book of the Year by The Institute for Financial Literacy.
Three major gaps can and must be bridged in the remaining time: the gap between current emission reduction pledges and the science; the gap between the finances on the table and the need in developing countries; and — perhaps most critically — the gap between nations where trust must be forged.
Dan Reicher, Executive Director, Steyer - Taylor Center on Energy Policy and Finance, Stanford University, said, «We need the combination of natural gas, renewable energy and energy efficiency,» adding «We need to build this bridge between natural gas and renewables.»
Keystone XL) financed privately is «not a jobs plan», but spending $ 50 billion in taxpayer dollars on bridges is «putting people immediately to work.»
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