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Capital Note

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Capital Note
Fixed income products issued by companies as a source of short term debt.

Notes:
Capital notes are unsecured, and rely upon the company's credit rating for backing, as they are generally ranked lowest in the order of repayment.


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Paramax Capital Group has closed a $15,000,000 conduit capital note investment in a bank sponsored multi-seller asset-backed commercial paper conduit.
0 million of cash payments on the Fortis Capital note payable and the conversion of $20.
JMAR expects to complete a revolving three-year Secured Convertible Working Capital Note with advances of up to $3 million against receivables later this week.
 
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