The term facility provides for rapid deleveraging in the base case with strong prospects for refinancing the balloon maturity
even if revenues are reduced and interest rates rise.
neurosurgery and saw for cervical balloon maturity
western regional hospital.
Morningstar cited a large number of loans that are current but may default in coming months since they may not be able to secure adequate take-out financing at balloon maturity
The delinquency rate is expected to rise in coming months, however, as the 2007 vintage loans that were originated under the weakest underwriting standards start to reach their five-year balloon maturity
2 million 2010 non-housing TAB BANs structured with a balloon maturity
in fiscal 2017.
We also cannot rule out additional store consolidation, closings and potential bankruptcies along with growing balloon maturity
default risk as retail collateral continues to suffer from the experienced decline.
The BAN was structured with a balloon maturity
in fiscal 2017.
Unlike ARMs - another low-cost alternative to fixed-rate mortgages (FRMs) - a borrower's monthly payments are known with certainly, out until the balloon maturity
date, from the moment the loan is originated.
While structured as a balloon maturity
, the QSCBs are subject to cumulative sinking fund deposits.
Assuming a $17 million planned borrowing, MADS (excluding a $9 million balloon maturity
on a bank note due in 2014) as percent of revenues amounts to 3.
The notes have a balloon maturity
due on March 1, 2014 with semiannual interest payments due on each March 1 and Sept.
Fitch IBCA believes that its mortgage refinance constant is appropriately higher than the actual interest rate to mitigate the risk that refinancing costs will be higher at the balloon maturity