Sentences with phrase «warehouse credit facility»

Of the approximately $ 238 million in proceeds from the transaction (before transaction expenses and required reserves), approximately $ 101 million was used to repay amounts previously drawn under Marriott Vacations Worldwide's $ 300 million warehouse credit facility, and the remainder will be used for general corporate purposes.

The company had $ 714 million in corporate level debt outstanding at quarter - end, a decline of $ 136 million from year - end 2011, including $ 608 million in non-recourse securitized notes payable and $ 103 million drawn on its $ 300 million warehouse credit facility, which was repaid subsequent to the end of the second quarter with proceeds from the company's securitization of $ 250 million of vacation ownership notes receivable.

Net cash proceeds to the company after transaction costs, cash reserves and repayment of amounts outstanding under the company's warehouse credit facility were $ 132 million, which are available for general corporate purposes.

Given the amount of cash on hand, the company did not draw down on its warehouse credit facility during the quarter and had $ 79 million of notes that were eligible for securitization on March 23, 2012.

The company had $ 774 million in corporate level debt outstanding at quarter - end, a decline of $ 76 million from year - end 2011, including $ 662 million in non-recourse securitized notes receivable and $ 109 million drawn on its $ 300 million warehouse credit facility.

The company had $ 726 million in debt outstanding at the end of the first quarter of 2013, an increase of $ 8 million from year - end 2012, including $ 682 million in non-recourse securitized notes, of which $ 110 million has been drawn down under our warehouse credit facility, and $ 40 million of mandatorily redeemable preferred stock of a subsidiary.

Ray focuses on financial services and commercial real estate, with a specialization in negotiated private placements of term asset - backed securities, warehouse credit facilities, whole loan transactions, subordinated debt financings, and other transactions for specialty finance companies and commercial real estate.

Not exact matches

Eric's experience includes commercial loan portfolio financings, collateralized loan obligation (CLO) transactions, loan warehouse facilities, insurance linked securities, commodity financing arrangements, letters of credit and general corporate finance transactions.

DALLAS — As the U.S. industrial sector continues to exhibit significant positive momentum, Jones Lang LaSalle's Capital Markets experts today announced the firm has arranged a $ 65 million credit facility that Dalfen America Corp. (DAC) will use to purchase warehouse and distribution facilities.

Mrs. Nonas has 17 years of combined experience; worked at Moody \'s Investors Service covering the entire spectrum of mortgage backed securities products and small balance commercial loans; at WestLB and Barclays Capital, was the mortgage lead on the risk management team underwriting over $ 15 billion in mortgage financing facilities, established warehouse lines of credit, reverse repurchase agreements, Asset - Backed Commercial Paper (ABCP) conduits and other credit facilities for subprime mortgage originators and servicers; developed a process to conduct and document on site due diligence at the counterparty \'s origination and servicing base of operations.

This matrix includes the Warehouse Facility, the Repurchase Facility, the Line of Credit, and the Purchase and Sale Facility models for interim mortgage funding.