Sentences with phrase «on subordinate debt»

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.
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