Not exact matches
Subordinated debt financing is recommended for businesses that are in a high - growth sector with established revenues and are
on a path toward positive operating income within a year.
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.»
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.
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.
An example of
subordinated (secured)
debt is a second mortgage
on a house.
The yields are almost the same but the risks are far lower
on The Hanover Insurance Group's
subordinated debt.
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.
Further, there is a yield hunger
on the part of buyers that allows corporations to sell
debt, even
subordinated debt cheaply.
If there are limits
on the company's ability to pay interest or repay principal to
subordinated note investors while it has senior
debt
Here's a wild thought: we need the same thing
on a broader and more complex scale, allocating the embedded losses in our financial system to their rightful recipients, wiping out common, preferred equity, and
subordinated debt as needed, and forcing the conversion of
debt claims to equity, delevering the system in a colossal way.
Whether the company generates enough cash to make payments
on both senior
debt and
subordinated notes, now and in the future
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.
Bonds issued as
subordinated debt will pay interest and principal but only after all interest that is due and payable has been paid
on any and all senior
debt.
(i) A national bank must disclose clearly
on the face of any
subordinated debt note the following language in all capital letters
Second - class bankruptcy in the form of a
debt relief order (DRO) arrives
on 6 April 2009 by dint of Pt 7A of the Insolvency Act 1986 (which is inserted by the Tribunals, Courts and Enforcement Act 2007, s 108) and a plethora of
subordinate legislation.
Our infrastructure
debt investment strategy is focused
on extending
subordinated loans to defensive, non-cyclical infrastructure businesses headquartered in West - ern Europe, North Ameri - ca and other developed economies.
On appeal from: [2015] EWCA Civ 485 These appeals considered the proper ranking of certain
subordinated debt in the insolvency «waterfall»,...
Finkelstein focuses his practice
on representing corporate trust institutions as indenture trustees and agents in connection with domestic and cross-border
debt capital markets transactions, such as offerings of corporate and municipal, high - yield and investment grade, secured, unsecured and
subordinated, convertible, public and private
debt issued under trust indentures of domestic and international issuers.
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.
Indeed, the more intense focus
on loans is giving
subordinated debt lenders more financing opportunities as the need for additional capital grows among borrowers.
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.
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.
Other landlords also are hunting for mortgages
on the cheap and are paying close attention to
subordinated debt.