Sentences with phrase «subordinated debt baa2»

Other landlords also are hunting for mortgages on the cheap and are paying close attention to subordinated debt.

«But we're only going into situations where high - quality real estate underpins these subordinated debt pieces, and that give us the comfort to move forward.»

Exploring the expanding universe of private debt and credit strategies including mezzanine loans, preferred equity, whole loans, bridge loans, B - notes and other subordinated debt

A higher leveraged financing option typically used when the existing senior lender prohibits subordinated debt financing.

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.

Indeed, the more intense focus on loans is giving subordinated debt lenders more financing opportunities as the need for additional capital grows among borrowers.

Borrowers can't always get what they want The commercial real estate mortgage market's big push to re-introduce underwriting discipline among senior lenders has jolted the investment world, giving subordinated debt lenders more leverage to deny aggressive borrowers.

Additionally, rating agencies and bond buyers of subordinated debt are increasingly frowning upon fixed - rate, interest - only loans.

That's because mezz and other subordinated debt providers typically secure their loans with an interest in the property's ownership group.

Mezzanine and other subordinated debt lenders couldn't be happier.

2004 to Present: Owner — Acord Holdings, LLC Purchased multimillion - dollar Tier II «cut and sew» supplier company to the automotive industry, and innovatively originated, negotiated and financed transaction that included $ 6M in senior and $ 5M in subordinated debt financing, and eliminated any competition by purchasing Avatar, a competitor in the «cut and sew» industry.

Klayman regularly represents lenders and borrowers in leveraged finance transactions involving senior, mezzanine and subordinated debt and equity offerings and co-investments, as well as in general lending matters.

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.

On appeal from: [2015] EWCA Civ 485 These appeals considered the proper ranking of certain subordinated debt in the insolvency «waterfall»,...

The Hartford Financial Services Group has finalized a $ 2.43 billion transaction to buy back outstanding warrants and subordinated debt held by German financial services giant Allianz, which rescued the insurer with a $ 2.5 billion cash infusion in 2008.

Malcolm has extensive experience representing lenders and borrowers in secured and unsecured debt financings, including syndicated senior bank credit facilities, first and second lien financings, asset - based (ABL) credit facilities, mezzanine and other subordinated debt financings, debtor - in - possession financings, public and Rule 144A debt offerings, and convertible debt transactions.

Pressed by hedge fund billionaire John Paulson to split itself in two, The Hartford Financial Services Group has finalized a $ 2.43 billion deal to buy back outstanding warrants and subordinated debt held by German financial services giant Allianz, which rescued the insurer with a $ 2.5 billion cash infusion in 2008.

Peter's private placement practice involves the representation of both issuers and institutional investors in connection with a wide variety of structures and securities, including secured and unsecured senior debt securities, subordinated debt, convertible debt, preferred stock, warrants, trust - preferred securities, merger and acquisition financing, ESOP financings, credit tenant loans, leveraged leases and other structured financings, together with related workout and other restructuring transactions.

(i) A national bank must disclose clearly on the face of any subordinated debt note the following language in all capital letters

1) How to do a bank / financial bailout: a) wipe out common and preferred equity and the subordinated debt (and offer some warrants to the debtholders).

Core Capital generally used to correspond to Equity (Ordinary plus Preferred Share Capital), but became horribly corrupted in the past decade with all kinds of contingent / subordinated debt instruments masquerading as Equity.

To common stockholders, subordinated debt is debt.

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.

To senior lenders, subordinated debt is a form of equity.

The equity and preferred stock go out worthless, and the subordinated debt gets some sort of haircut (partial conversion to senior, plus an earn - out based off the losses the the government has to bear).

Then there is the insult added to injury, as S&P downgrades the preferred stock and subordinated debt.

AIG Life Holdings, Inc. — backed senior unsecured debt Baa1, backed junior subordinated debt Baa2 (hyb);

Many «core» Canadian fixed income managers have made a good living by holding large amounts of bank subordinated debt and more recently the capital securities (essentially preferred shares) of all five major banks.

Subordinated debt Holders of subordinated debt rank below most other bondholders when it comes to paying them back if the company goes backrupt.

His objective is the toobig to fail institutions, but he says that all banks would have to issue subordinated 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.

7) Those who have read me for a long time know that I think GM and Ford are eventual zeroes for the equity, and the subordinated debt.

In 1981, NCB was privatized as a member - owned financial institution, and the seed money was converted into subordinated debt.

Holders of senior debt secured by a claim to assets of the company will be first in line, followed by junior / subordinated debt holders, followed by preferred stockholders, and finally those holding common stock.

There are two terms that can be used to classify debt — subordinated debt and unsubordinated debt.

Of all a company's total debt and equity issuance, unsubordinated debt is prioritized first, followed by subordinated debt, before preferred and common equity are considered.

Subordinated debt is debt that is ranked below all senior debts of a company.

It held liabilities in the form of deposits of $ 188.3 billion, and owed $ 82.9 billion to the Federal Home Loan Bank, and had subordinated debt of $ 7.8 billion.

Further, there is a yield hunger on the part of buyers that allows corporations to sell debt, even subordinated debt cheaply.

I'll toss out this idea: Wall Street creates a bunch of small cap companies to own the assets, and the tranches, are simply different levels of 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.

Benjamin Graham, the father of value investing, was known to hold common stocks, preferred stocks, convertible preferred stocks, mortgage bonds, subordinated debt and convertible bonds.

In the event of borrower default, owners of subordinated debt will not be paid out until owners of higher - ranking debt are paid in full.

It invests in the equity and subordinated debt tranches of collateralized loan obligations (CLOs).

The yields are almost the same but the risks are far lower on The Hanover Insurance Group's subordinated debt.

Common and Preferred Equity need to get whacked hard, and subordinated debt needs to take a haircut.

Subordinated debt: Subordinated debt is money that is owed, but must stand in line behind other debt.

Subordinated debt can be either secured or unsecured by assets.

More subordinated debt is getting issued.

That said, I would be uncomfortable owning Fannie or Freddie here; just because the government might stand behind senior obligations doesn't mean they would take care of the common and preferred stockholders, or even the subordinated debt.