Sentences with phrase «syndicated bank»

That basically breaks down into $ 1.3 billion in traditional commercial whole loans, about $ 400 million of residential pools of Fannie Mae and Ginnie Mae backed loans, and the remainder in non-traditional investments such as syndicated bank debt, unsecured REIT debt, CMBS and privately structured transactions.

We represent the interests of business borrowers in financial transactions including; acquisition financing, working capital loans, syndicated bank loans, public or private note / bond issues, leveraged recap transactions, asset based financing for working capital and acquisitions, and letter of credit transactions.

He has extensive experience advising corporate clients and financial institutions on a wide range of financing transactions, including project financing, syndicated bank transactions, bond financings, cross-border financings, acquisition financings and asset and reserve based lending, as well as advising on general corporate and commercial matters.

As for assets, they are all illiquid and the Real estate Fund is likely negative 100 mm or so if market to market and anyway, syndicated bank cerditors have control.

And, borrowing $ 50 million is the bare minimum to get accepted into most exclusive lending group — the «syndicated bank loan» society, where the cheapest interest rates are offered.

The agreement was reached at a ceremony between Ghana and representatives from 24 syndicated banks in Frankfurt, Germany Wednesday, September 21, 2016.

Reviewed and analyzed legal loan documentation pertaining to loan agreements and other contracts between Mellon Bank and syndicate bank members.

Not exact matches

Mining services group Ausdrill has refinanced its debts, announcing today it had signed a new three - year, $ 550 million dual currency facility with a syndicate of banks.

A few months into construction, in early 2009, a person Nevsun describes as «a European or South African banking syndicate official» visiting Bisha told the company Segen might be using conscripts there.

A shrewd and opportunistic Scottish immigrant, he launched a series of successful steel, wool and dry goods businesses and ran the Bank of Montreal before leading the syndicate of businessmen who formed the Canadian Pacific Railway Corp..

The lenders want the stake to be sold for top dollar but fear it will be sold for less than that to McClendon's wife, Kathleen, because she is family, said a lawyer representing a syndicate of banks led by Wilmington Trust that loaned $ 465 million to a company McClendon founded in 2013, American Energy Partners LP (AEP).

Toys «R» Us said it received a commitment for over $ 3 billion in debtor - in - possession financing from lenders including a JPMorgan - led bank syndicate and certain of the company's existing lenders.

Laidlaw put together a syndicate of 25 other investment - banking firms, which bought the remaining 755,000 shares, also for $ 5.98 a share, which brought them in a total of $ 392,600.

Bidding on Treasury bonds came about in 1963, and security syndicates and banks were able to buy them competitively.

Prior to joining Cerberus, Mr. Lindenbaum was an associate in the Finance Group at Schulte Roth & Zabel LLP from 2001 to 2006, where he advised hedge funds, private equity sponsors and banks in connection with broadly syndicated and middle market credit facilities.

DUBAI, May 3 (Reuters)- State - owned Egyptian Electricity Holding Company (EEHC) is raising a syndicated loan of up to around $ 700 million with Credit Suisse and HSBC leading the deal, banking sources said.

A successful launch could over time help these banks to shrink their sales and syndicate teams.

Morgan Stanley Public Finance, the firm's municipal banking team, coordinated a comprehensive pre-pricing marketing effort that leveraged the Morgan Stanley Institute for Sustainable Investing, Wealth Management Financial Advisors, as well as Institutional sales teams and syndicate desks in New York and London.

Yes, Eldorado has credit facilities of $ 250 million with an accordion feature of $ 100 million with a syndicate of banks.

Other enhancements to syndicated lending introduced by the Civil Code changes are charges over bank accounts, better facilities for intercreditor agreements, and stronger enforceability of loan agreement representations.

Syndicate bid - A syndicate bid is a bid, which represents the highest price the syndicate member (member of a bank, brokerage, or investment bank) will pay for the securities trading on the National Association of Securities Dealers Automated Quotations (NASDAQ) exchange.

The offering was underwritten on a bought deal basis by a syndicate led by BMO Capital Markets and National Bank Financial Inc..

Range Resources extended its $ 4 billion revolving credit facility for five years with a syndicate of 27 banks led by JPMorgan as administrative agent.

Additionally, MediaMath increased its borrowings to $ 105 million; the debt facility was led and syndicated through Silicon Valley Bank.

AUSTRAC will up the ante in its case against the Commonwealth Bank of Australia, with the transactions regulator expecting to file fresh allegations on Thursday that it breached the law 100 additional times while facilitating banking by criminal syndicates involved in money laundering and terrorist financing.

Those banks are often the only institutions able to provide financing on a bilateral or syndicated basis to the largest of businesses, which are also the most politicised of companies.

Then in October 2017, seven major banks partnered with R3 and Finastra to develop a blockchain - based marketplace for syndicated loans.

QInvest, the largest investment bank in Qatar, ranked second in Middle Eastern M&A fees last year and fourth in the syndicated - loan - fee league tables.

The investment in Edinburgh - based Bellfield Brewery was led by the angel syndicate Equity Gap and was supported by Scottish Investment Bank, the investment arm of Scottish Enterprise and existing shareholders (many of whom supported Bellfield's original Crowdcube raise in 2015).

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.

ING is the Sustainability Coordinator of the facility, as part of a syndicate of 13 banks.

The investment was led by the angel syndicate Equity Gap and was supported by Scottish Investment Bank, the investment arm of Scottish Enterprise and existing shareholders (many of whom supported Bellfield's original Crowdcube raise in 2015).

THE FRONT OFFICE William Daley, president of Otis & Co., a Cleveland investment - banking firm, is Indians» largest stockholder (45 %) and chairman of the board, but key man in front office is Vice-president Nate Dolin, who formed syndicate which bought Indians from Bill Veeck in 1949.

According to a syndicated story in pro-NDC newspapers, members of the movement have demanded audited accounts of the 31st DWM and Carridem Development Company Limited, which is a subsidiary of the movement from 1999 to date, including all bank account statements and the Assets Register.

A $ 251 million syndicated loan led by M&T Bank of Buffalo was used to build the school's NanoFabX building.

Insiders informed The Herald that, the move to use the US$ 25million from COCOBOD, was done to avoid a situation where the European banks involved in the syndicated loans, would be alarmed at the garnishment of COCOBOD properties abroad.

These bonds are credit enhanced by a syndicate of lenders led by Wells Fargo Bank.

The NanoFabX building in particular has been worrisome since it carries a $ 251 million mortgage financed by a syndicate that includes KeyBank and M&T Bank.

But this year a combination of an IMF bailout programme, a US$ 1.8 billion cocoa syndicated loan, a US$ 750 million Eurobond and the central bank's tightening of the monetary policy has led to the cedi recording one of its best performances in recent years.

Currently, the cedi as quoted by the central bank, is trading at GH cents 3.96, with RMB predicting that the performance is likely to strengthen further, citing as a further reason the fact that Cocobod's US$ 1.8 billion syndicated loan has hit the coffers of the central bank.

Notes to Fuller Road Management's financial statements say that SUNY Poly is required to make a $ 40 million «mandatory prepayment» to the banking syndicate if it doesn't extend an agreement with a «major semiconductor manufacturing partner» at NanoFab X through 2020.

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).

Eventually Lehman Brothers was acquired piece - by - piece by a syndicate of global companies, both banks and otherwise.

I've pushed the management to disclose which banks form this «syndicate,» but that is not information they are willing to disclose to the public (totally understandable).

An Ontario Mortgage is with a private individual or syndicate who has the net capital to invest and believes that an investment in fixed property is sound and offers a better return than is available from a bank.

Investment banks are retained, sometimes in the form of an underwriting syndicate.

Since banks are not too keen on funding a building project that hasn't even started, developers will rely on syndicated mortgages to cover soft costs: consultant fees, zoning permits, architecture costs and even marketing and sales expenses.

As a syndicated mortgage holder you are second in line, behind any bank loan against the project.

When a bond issue is underwritten, one or more securities firms or banks, forming a syndicate, buy the entire issue of bonds from the issuer and re-sell them to investors.

Just like some of the banks in Morgan's 1907 syndicate that came out of the crisis in a stronger position than when they entered it, some of the best companies in today's world actually added to their intrinsic value because of 2008 (Berkshire and JPM are just two examples — extending credit and buying companies when few others had the means or will to do so).