Sentences with phrase «preferred equity component»
The financing included an $ 80 million, fully underwritten construction loan along with a low coupon preferred equity component from a life insurance company.
http://www.northmarq.com/ Not exact matches
The equity component consists of $ 2 million of Series «G» convertible preferred stock (the «Preferred Stock») convertible into 1,897,983 shares of the Company's Common Stock, based on a conversion price of $ 1.05375 per share.
Comparing equity returns to the hybrid product of preferreds, which contain components of both equity and debt, the hybrids are returning 9.74 % year - to - date as measured by the S&P U.S. Preferred Stock Index.
«There are different results depending upon the character of the lender and borrower (non-profit or a c corporation, s corporation, partnership or LLC), the relationship between the parties (related party transactions may lose the interest deduction), the legal components of debt and equity of the instrument (certain preferred stock can legally be classified as debt in one jurisdiction and stock in another, so interest is a dividend in one country but interest in another and interest is deductible while dividends are not), the purpose of the loan (A CERT can trigger unintended tax costs and money borrowed to pay wages to owners is a big mistake) and much more,» says Spizzirri.