Sentences with phrase «subordinated debt from»

The cost of protecting the company's subordinated debt from default for five years using credit - default swaps has more than doubled since the end of 2015, rising to 438 basis points, a four - year high, from 187.

The other $ 25 million is subordinated debt from The California Endowment, the Calvert Foundation, Capital Impact Partners and others.

Not exact matches

To start, he needed both people and funds — futuristic home doodads don't invent themselves — so he secured $ 12.5 million in subordinated debt financing from the Business Development Bank of Canada and Quebec's Fonds de solidarité FTQ, with flexible five - year payment terms (the latter a reward for years of solid financial management).

Subordinated debt offers business owners access to capital they may be unable to obtain from a bank due to a lack of tangible assets to offer as collateral.

Given Osiris's strong five - year record of growth and profitability, Bowers was able to help make Miller's wishes come true: he structured a deal that raised $ 13 million from a large local pension fund — the Pennsylvania Public School Employees Retirement System (see «What Pension Funds Want,» [Article link]-RRB--- by selling a package of subordinated debt and convertible preferred stock, which included a fixed interest rate and dividend yield.

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.»

We estimate recoveries could potentially range from 30 percent or less for subordinate, unsecured or appropriated debt to as high as 100 percent for bonds that are deemed by the courts as secured.

PAID CONTENT — May 22 — The owners of PlanetOut hope to raise $ 15 million + in new equity or subordinated debt as it tries to dig out from $ 26.5 million in debt.

The $ 208.4 million Phase 2 project will be funded with a $ 49.7 million HPTE capital payment, $ 8.2 million in State of Colorado funds, $ 2.6 million in federal funds, $ 14.8 million from local sources, $ 20 million in PABs, $ 20.6 million in private equity, $ 20.6 million in subordinated debt, $ 8.6 million in pay - as - you - go toll revenues and $ 3.4 million from other sources.

Because senior debt has a relatively secure claim, it is less risky from the point of view of the lender and, thus, pays a lower rate of interest compared with debt of the same issuer having a subordinate claim.

For loans that receive a «refer» risk classification from TOTAL Mortgage Scorecard (TOTAL) and / or are manually underwritten, the homeowner's total monthly mortgage payment, including the first and any subordinate mortgage (s), can not be greater than 31 percent of gross monthly income and total debt, including all recurring debts, can not be greater than 50 percent of gross monthly income (these are very rarely accepted and if this is the outcome of initial underwriting, other options should be considered)

It was an almost entirely debt - financed acquisition comprised of senior debt from GE Capital plus subordinated seller financing from Pacific's affiliate, Nationwide Theatres.

The money borrowed from smaller investors is generally «subordinated» to the senior debt, and so corporate hybrids are called «subordinated notes».

Longview is still facing negative cash flow but has managed to win «financial convenient relief» from its lenders and secure an additional $ 30 million in deeply subordinated unsecured debt.

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

Removes non-mortgage debt from the $ 6,000 subordinate lien cap.

Consolidate debt from higher interest rate credit cards or subordinate financed loans into one loan which may result in lower monthly payments