Sentences with phrase «senior bank loans»

Unlike the high - yield index, the S&P / LSTA U.S. Leveraged Loan 100 Index was in the black for the month, as senior bank loans returned 0.36 %.

Senior bank loans, as measured by the S&P / LSTA U.S. Leveraged Loan 100 Index, struggled throughout the year.

All things being equal, a rising interest rate environment will generally result in higher interest payments for those holding senior bank loans while not significantly impacting loan prices.

The project has a total cost of $ 1.3 billion and is funded with senior bank loans ($ 685.8 million), private equity contributions ($ 209.8 million), and interest income ($ 2.3 million), in addition to the TIFIA loan.

The senior bank loan or leverage loan market as measured by the S&P / LSTA U.S. Leveraged Loan 100 Index ticked up last week as the index has returned +0.10 % month - to - date and 1.56 % year - to - date.

In fact, according to a recent study by the Federal Reserve, banks are now raising their credit standards for mortgages, consumer loans and commercial real estate loans at a pace never seen in the 17 - year history of the Fed's quarterly survey of senior bank loan officers.

Not exact matches

Goldman officials believed that the Oak Finance loan would be protected in the new structure, in part because a senior Bank of Portugal official said so in writing, Goldman spokeswoman Fiona Laffan said.

And then, simply because he was a very senior guy in age and experience, he was able to provide me access to business knowledge and experience: You know what happens when the bank turns down your first loan application?

Senior debt principal and interest - usually in the form of a bank loan - is paid off first while the subordinated debt principal and interest is paid off second.

«They essentially agreed with everything I had said and then, at the final moment, a senior officer at the bank decided he had «conceptual problems» with the loan.

«Use caution in how you're deducting expenses as it's the net income that's used to qualify for a mortgage, not the gross pay,» said Kevin Hardin, a senior loan officer with HomeStreet Bank.

Prior to joining Cerberus, Mr. Naccarato was a Vice President and Senior Credit Officer at Bank of America Commercial Funding from 1997 to 2000, where he was responsible for managing all aspects of credit relating to a loan portfolio consisting of middle market asset - backed credit facilities.

At Bear, Stearns & Co., Mr. Abbott served as a Vice President in Financial Analytics & Structured Transactions (F.A.S.T) where he structured and reverse engineered complex CDO transactions, secured by a wide range of debt products, including high yield bonds, senior secured leverage loans, trust preferred bank loans, RMBS as well as other esoteric receivables.

The fund's index tracks the 100 largest bank loan facilities — floating - rate, high - yield senior debt issued by banks to companies.

The PowerShares Senior Loan Portfolio tracks a market - value - weighted index of senior loans issued by banks to corporaSenior Loan Portfolio tracks a market - value - weighted index of senior loans issued by banks to corporasenior loans issued by banks to corporations.

The annual interest rate on the senior term loan is equal to the greater of 0.50 % above the bank's prime rate or 4.5 %.

Ahead of us today, we have Fed's Roesengren speaking at 9 — Bank of England Bond - Buying Operation Results post at 9:50 — the Bank of Canada Senior Loan Officer Survey hits at 10:30 — Fed's Lockhart Speaks to the Rotary Club of Atlanta at 12:45 — and we get Consumer Credit at 3.

The OCC's findings are consistent with more recent surveys: The Fed's October survey of senior U.S. loan officers found a growing number loosening standards for commercial and industrial loans, often by narrowing the spread between the interest rate on the loan and the cost of funds to the bank.

Four banking professionals have joined Marquis Bank to lead the bank's expansion into Broward County with a loan production office and a new branch in Fort Lauderdale.The new team will be headed by Steven Sanzone, who joins Marquis as market president after spending the last 14 years as executive vice president and senior loan officer at Stonegate BBank to lead the bank's expansion into Broward County with a loan production office and a new branch in Fort Lauderdale.The new team will be headed by Steven Sanzone, who joins Marquis as market president after spending the last 14 years as executive vice president and senior loan officer at Stonegate Bbank's expansion into Broward County with a loan production office and a new branch in Fort Lauderdale.The new team will be headed by Steven Sanzone, who joins Marquis as market president after spending the last 14 years as executive vice president and senior loan officer at Stonegate BankBank.

About the Survey The Federal Reserve's «Senior Loan Officer Opinion Survey on Bank Lending Practices» solicits input from more than 100 banks across the United States.

Senior executives at China's Big Four state - owned banks say regulators are also exploring ways for banks to exchange bad loans for equity in certain too - big - to - fail companies — a potentially controversial step that they say could saddle banks with near - worthless stock and squeeze their liquidity.

Most are financed with floating rate loans from banks, which means that interest rate hikes directly impact their cost of capital, said S. Nandakumar, a senior director in Fitch Ratings» infrastructure and project finance group.

Inventure entered into a new $ 60 million senior secured term loan and a new $ 30 million senior secured revolving line of credit with a syndicate of lenders led by U.S. Bank National Association pursuant to a Credit Agreement, a Security Agreement and certain other customary ancillary agreements to fund the purchase and re-pay two existing equipment term loans totaling $ 8.4 million and the existing revolving line of credit totaling $ 17.6 million as of Nov. 8.

The debt amounts to around 1 percent of gross domestic product and is a problem for banks that loaned money to oil companies on the basis of the contract price and have yet to be repaid in full, leading to non-performing loans, several senior bank officials said.

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.

Aside from the TIFIA loan, the concessionaire's financing sources for repayment includes senior bank debt of $ 781.1 million, $ 207.7 million in equity, and $ 232 million in FDOT qualifying development funds.

In addition to the TIFIA loan, the $ 658 million project was financed with private equity ($ 130 million); senior bank debt ($ 340 million provided by a syndicate of 10 banks); and donated right - of - way ($ 48 million).

For borrowers who are seeking a $ 1 million mortgage with a 25 % down payment and who have a FICO score in the 740 to 759 range, Salt Lake City - based Zions Bank, a unit of Zions Bancorp, has recently been charging an origination fee equal to 1.375 % of the loan amount, or $ 13,750, and charging an interest rate of 3.625 %, says Jeremy Lowry, a senior vice president at the bBank, a unit of Zions Bancorp, has recently been charging an origination fee equal to 1.375 % of the loan amount, or $ 13,750, and charging an interest rate of 3.625 %, says Jeremy Lowry, a senior vice president at the bankbank.

About the Survey The Federal Reserve's «Senior Loan Officer Opinion Survey on Bank Lending Practices» solicits input from more than 100 banks across the United States.

That way, you can be sure you're getting the best deal for your situation, said Kelly Borich, senior loan originator for Florida Capital Bank, a Jacksonville, Fla. - based bank with national lending capabiliBank, a Jacksonville, Fla. - based bank with national lending capabilibank with national lending capabilities

The fund invests under normal circumstances at least 80 % of its net assets (plus any borrowings for investment purposes) in senior secured floating rate loans made by banks and other lending institutions and in senior secured floating rate debt instruments, and in derivatives and other instruments that have economic characteristics similar to such securities.

«A secured credit card is where you put up money as collateral against the card, so that if you don't make a payment, the bank can cover the loan,» says Ben Jackson, senior analyst, Prepaid Advisory Service at Mercator Advisory Group.

Another avenue for rising rate protection could be senior - and floating - rate bank loans.

Bank Loans are represented by the CSFB Leverage Loan Index, which is a representative index of tradable senior - secured U.S. dollar - denominated non-investment grade lLoans are represented by the CSFB Leverage Loan Index, which is a representative index of tradable senior - secured U.S. dollar - denominated non-investment grade loansloans.

Senior - rate bank loans adjust rates every 30 to 90 days, and are directly tied to benchmarks like the prime rate.

Therefore, in addition to being secured and senior in the capital structure, many bank loans may now have improved credit profiles.

If you make one full payment at the end of the year and apply it to your mortgage principal, you could knock off a few years from your loan, says Elise Leve, senior loan officer with Citizens Bank in New York City.

The narrower spread makes sense in light of the July Senior Loan Officer Opinion Survey on Bank Lending that reported loosening lending standards for commercial real estate loans (including apartments) even as loan demand picked up: Continue reading 10 yr fixed apartment loan rate remains below 5.1 % as 10 yr Treasury ranges in 2.6 - 2.7 % Loan Officer Opinion Survey on Bank Lending that reported loosening lending standards for commercial real estate loans (including apartments) even as loan demand picked up: Continue reading 10 yr fixed apartment loan rate remains below 5.1 % as 10 yr Treasury ranges in 2.6 - 2.7 % loan demand picked up: Continue reading 10 yr fixed apartment loan rate remains below 5.1 % as 10 yr Treasury ranges in 2.6 - 2.7 % loan rate remains below 5.1 % as 10 yr Treasury ranges in 2.6 - 2.7 % area

Just be aware that underwriting guidelines are more conservative now than they were 10 years ago, says Terry Francisco, senior vice president for Bank of America Home Loans in Charlotte, North Carolina.

Leveraged loans (also called bank loans or senior loans) are a particular type of floating - rate instrument.

According to the Federal Reserve's latest Senior Loan Opinion Survey, banks reported a moderate easing of standards for mortgage loans and expect moderate easing to continue through 2016.

In the capital structure, preferred shares are subordinate to bank loans and senior corporate bonds, but they are senior to common stock.

He was pleasantly surprised bank Senior Vice President Brad Berndt, for example, knew how to restore — and was proactive about restoring — Dailey's VA entitlement after Dailey had paid off his first VA loan and applied to get a new one for a retirement home.

Leveraged loans (also called senior loans or bank loans) typically pay a two - part coupon — a market - driven base rate (30 - 90 day LIBOR) plus a contractual credit spread.

SEE: Top 5 Bond ETFs Senior - rate bank loans adjust rates every 30 to 90 days, making them quite attractive in rising rate environments.

Order printed copies of Bank of North Dakota's student loan brochures, Freshman and Sophomore Checklist, Junior Checklist, Senior Checklist and Regional College Cost Sheet.

According to the Fed's October 2007 Senior Loan Officer Opinion Survey on Bank Lending Practices, the study found that «significant numbers of domestic respondents reported that they had tightened their lending standards on prime, nontraditional, and subprime residential mortgages over the past three months; the remaining respondents indicated that their lending standards had remained basically unchanged.

According to the latest Senior Loan Officer Opinion Survey on Bank Lending Practices, «significant numbers of domestic respondents reported that they had tightened their lending standards on prime, nontraditional, and subprime residential mortgages over the past three months; the remaining respondents noted that their lending standards had remained basically unchanged.

The selection universe for the Index (the «SelectionUniverse») includes U.S. - listed fixed income ETFs advised by SSGA FM or its affiliates that are designed to target exposure to fixed income securities, including U.S. and non-U.S. developed and emerging market bonds, treasury bonds, corporate bonds, high yield bonds, inflation - protected bonds, floating rate notes, first lien senior secured floating rate bank loans, U.S nonconvertible preferred stock and other preferred securities, U.S. municipal bonds and U.S. convertible securities.

Perhaps it would be better to buy the bank loans or senior debt of these firms.