Under the terms of the banking industry bailout, Spain cannot use EU cash to compensate junior note
7 million junior note
, with the $81 million senior note piece sold in this transaction to a separate account managed by Apollo Global Real Estate.
They are basically having the same discussions as we had a year ago, which is likely to see the owner put in a tiny amount of equity and wiping out the least secure debt," said one of Wind Hellas's former junior note
The effect on the junior note
holders is that principal payments are delayed until more senior note holders are fully paid.
This bifurcation among TruPS should translate into a generally positive trend for senior CDO note holders and potentially negative for junior note
holders, as better capitalized banks are likelier to redeem and repay senior notes while weaker banks would be left in the pool to support the junior notes
This extension when coupled with the earlier discounted payoff of the junior note
is a terrific outcome for CapLease and our stockholders.
The interest rate for the Junior Note
is 10% per annum if paid in cash, or 14% per annum if paid in kind, which is at DynTek's election for the first three years.
In the current transaction, HFF marketed the junior note
on behalf of the sellers, a venture comprised of Asian and European insurance companies.
Following the modification, Talmage was engaged as the exclusive advisor to Fillmore Capital Partners, LLC of San Francisco in the successful sale of their junior note
secured by the portfolio.
The transactions, totaling $1,541,500,000, included the closing of senior and junior notes
, senior loans, and the financing of aircraft on operating leases.
Contract Awarded for it - junior notes
administrator fa578496 11.
Having hunted for many years, I've found that reports about big deer come and go," Junior notes