Sentences with phrase «ongoing equity raise»

The publicly registered, non-traded REIT is sitting on $ 30 million thanks to its ongoing equity raise.

Coupled with ongoing equity raisings, this reduced the overall debt to equity ratio in the March quarter.

Not exact matches

Airbnb doesn't need the money, Chesky said — whether for ongoing operations or for M&A (the company just completed another $ 1 billion funding round and has reportedly spent less than 10 % of the $ 3 billion plus in equity it has raised), resources aren't a limitation.

Following capital raising activity with institutional investors, the company recently converted loans to equity and increased its net cash position by $ 13.3 million while reducing ongoing annual interest payments by approximately $ 250,000.

Funding for capital expenditures on an ongoing basis is accounted for by holding funds in reserve, but it's difficult to do when you first buy a property, unless you raise these funds with your equity when funding the deal.