Sentences with phrase «on senior secured loans»
Focusing on senior secured loans and other assets which Cross Ocean believes have characteristics that limit downside risk
http://www.crossoceanpartners.com/ Not exact matches
On February 8, 2013, we entered into a repricing amendment with respect to the Senior Secured Term Loan Facility.
The interest rate on the outstanding borrowings pursuant to the Senior Secured Term Loan
There is no scheduled amortization under the Asset - Based Revolving Credit Facility; the principal amount of the revolving loans outstanding thereunder will be due and payable in full on May 17, 2016, unless extended, or if earlier, the maturity date of the Senior Secured Term Loan Facility and the Senior Subordinated Notes (subject to certain exceptions).
The amendment provided for (i) an immediate reduction in the interest rate margin applicable to the loans outstanding under the Senior Secured Term Loan Facility from (a) 3.50 % to 3.00 % for LIBOR borrowings and (b) 2.50 % to 2.00 % for base rate borrowings, (ii) an immediate lowering of the LIBOR floor for loans outstanding under the Senior Secured Term Loan Facility from 1.25 % to 1.00 % and (iii) the borrowing of incremental term loans, the proceeds of which were used to repay the outstanding loans of lenders that did not consent to the repricing amendment (the Non-Consenting Lenders) in an aggregate principal amount of approximately $ 99.6 million, which is the amount of loans held by such Non-Consenting Lenders on February 8, 2013.
The interest rate on the outstanding borrowings pursuant to the Senior Secured Term Loan Facility was 4.00 % at April 27, 2013.
RiceBran Technologies Receives Extension on Senior Secured Term Loan and Revolving Line of Credit with Great Elm Capital
Also he might be head out on another loan deal for further development even if he secures a work permit as they are senior players occupying his position at the moment at the club.
The TIFIA loan is secured by a lien on project revenues subordinate to the lien securing the bank loans, and is senior to the equity provided by investors.
The TIFIA loan, which will begin repayment in December 2020 and reach maturity in late 2050, is secured by a senior lien on CTA system - wide farebox revenues.
Senior secured loans: Leveraged Loans or senior loans are on top of a company's capital structure so they are the first to be repaid before other debt obligations and equity hoSenior secured loans: Leveraged Loans or senior loans are on top of a company's capital structure so they are the first to be repaid before other debt obligations and equity holloans: Leveraged Loans or senior loans are on top of a company's capital structure so they are the first to be repaid before other debt obligations and equity holLoans or senior loans are on top of a company's capital structure so they are the first to be repaid before other debt obligations and equity hosenior loans are on top of a company's capital structure so they are the first to be repaid before other debt obligations and equity holloans are on top of a company's capital structure so they are the first to be repaid before other debt obligations and equity holders.
Credit opportunities focused predominantly on senior secured corporate loans and bonds via secondary market
Credit opportunities focused predominantly on senior secured corporate loans via secondary market
On August 8, 2012, Blue Buffalo Company, Ltd., our wholly - owned indirect subsidiary, entered into a senior secured credit agreement, or credit agreement, with Citibank, N.A. as the administrative agent, swingline lender and issuing bank, Citigroup Global Markets Inc. and Morgan Stanley Senior Funding, Inc. as joint lead arrangers and joint bookrunners, Morgan Stanley Senior Funding, Inc. as syndication agent, and the lenders from time to time party thereto, which provided us with our term loan facilities and our revolving credit facsenior secured credit agreement, or credit agreement, with Citibank, N.A. as the administrative agent, swingline lender and issuing bank, Citigroup Global Markets Inc. and Morgan Stanley Senior Funding, Inc. as joint lead arrangers and joint bookrunners, Morgan Stanley Senior Funding, Inc. as syndication agent, and the lenders from time to time party thereto, which provided us with our term loan facilities and our revolving credit facSenior Funding, Inc. as joint lead arrangers and joint bookrunners, Morgan Stanley Senior Funding, Inc. as syndication agent, and the lenders from time to time party thereto, which provided us with our term loan facilities and our revolving credit facSenior Funding, Inc. as syndication agent, and the lenders from time to time party thereto, which provided us with our term loan facilities and our revolving credit facility.
As of March 31, 2015, our senior secured credit facilities consisted of $ 390.1 million of outstanding term loans maturing on August 8, 2019 and an undrawn $ 40.0 million revolving credit facility (which includes borrowing capacity available for letters of credit and for short - term borrowings) maturing on August 8, 2017.
The credit agreement was amended on December 6, 2012, February 15, 2013 and December 9, 2013 to, among other things, provide additional term loan borrowings, allow for distribution of dividends of $ 50.0 million and to re-price our senior secured credit facilities.
Charles Russell Speechlys LLP advised Kreos Capital V (UK) Limited («Kreos») on its $ 21 million senior secured loan to Pharming Group NV («Pharming») and its subscription for $ 6 million subordinated redeemable convertible bond issued by Pharming.
Michelle Vincent Parker, Real Estate and Banking, Dallas: Michelle focuses her practice on commercial real estate and banking, which includes interim, permanent, and construction financing related to loans secured by commercial real estate, including retail, office, multifamily, and seniors housing projects.
The Colliers Atlanta Capital Markets Group led by Senior Vice President Forrest Speed secured the loan on behalf of Bloomfield Investments LLC, the operating company subsidiary of developer, Spectrum Capital LLC.
American Realty Capital Trust Inc. (ARCT) closed on a $ 200 million senior secured interim term loan led by Wells Fargo Bank, National Association...
In one of the largest mortgages secured by seniors housing properties ever provided by Fannie Mae, Seniors Housing Properties Trust (NYSE: SNH) closed on a $ 512.9 million loan in early seniors housing properties ever provided by Fannie Mae, Seniors Housing Properties Trust (NYSE: SNH) closed on a $ 512.9 million loan in early Seniors Housing Properties Trust (NYSE: SNH) closed on a $ 512.9 million loan in early August.
HFF worked exclusively on behalf of the borrower, a joint venture between Madison Marquette Retail Enhancement Fund, Barron Collier Companies and The Lutgert Companies to secure a five - year, floating - rate bridge loan through managing director Dan Martin and senior relationship manager Andy McLay at GE Capital Real Estate.
HFF also worked on behalf of the buyer to secure a low leverage, fixed - rate, non-recourse senior mortgage loan through Stonegate Bank to acquire the property.
The Investcorp / TriLyn team will actively target income - producing commercial and multi-family residential properties in major markets throughout the United States, with a focus on acquiring or originating senior mortgage loans, subordinated debt (B notes), mezzanine debt, and bridge loans secured directly or indirectly by commercial real estate.
Gemino Healthcare Finance, a specialty finance company and portfolio company of Solar Senior Capital Ltd. that is focused on providing senior secured loans to healthcare service providers, recently funded a $ 6 million senior secured credit facility on behalf of an affiliate of New England senior living operator, Wingate HealtSenior Capital Ltd. that is focused on providing senior secured loans to healthcare service providers, recently funded a $ 6 million senior secured credit facility on behalf of an affiliate of New England senior living operator, Wingate Healtsenior secured loans to healthcare service providers, recently funded a $ 6 million senior secured credit facility on behalf of an affiliate of New England senior living operator, Wingate Healtsenior secured credit facility on behalf of an affiliate of New England senior living operator, Wingate Healtsenior living operator, Wingate Healthcare.
HFF senior managing director Mike Tepedino and director Steven Klein worked exclusively on behalf of the borrower, a joint venture between Acadia Strategic Opportunity Fund II, LLC and P / A Associates, to secure the loan through M&T Bank and Capital One Bank.