California Coastal Gets $182M Exit Financing
- Regulators to offer guidance on loans to hedge funds. Seiberg, Jaret // American Banker;12/17/1998, Vol. 163 Issue 240, p2
Reports that federal regulators at a US Senate hearing have pledged to issue guidelines to crack down on bank lending to hedge funds in 1999. Document being developed by the Federal Reserve Board; Issues to be addressed by the guidelines; Aim of the hearing; Plan to impose capital or margin...
- Bankrupt Homebuilder Hits Financing Snag. Mueller, Mark // Orange County Business Journal;9/6/2010, Vol. 33 Issue 36, p3
The article focuses on the business condition of California Coastal Communities Inc. (CCCI), a homebuilder in Irvine, California. It states that the company struggles to get out of bankruptcy after missing the deadline that could threaten a 184 million dollar financing deal. CCCI filed for...
- Absolute Diva. // Money Marketing;6/24/2004, p85
Features the Premier Diva Growth Plan -- Limited Editions No. 19, a capital-protected loan product linked to the performance of the Barclays Global Investors Diversified Alpha Fund 1, a fund of hedge funds in Great Britain. Minimum investment required; Guarantee of the product; Broker rating of...
- BEST OF THE BLOGS. // Crain's Cleveland Business;8/4/2014, Vol. 35 Issue 31, p0027
The article discusses blog posts published on the web site of "Crain's Cleveland Business" journal, which feature topics including the low-fee banking products being offered by lenders, hedge fund concerns of public pensions, and cat ownership in Ohio.
- Hedge Fund Buying Hard-Money Lender. Muolo, Paul // National Mortgage News;7/9/2007, Vol. 31 Issue 40, p7
The article reports on the notion that hedge fund Pacifico is on its move to buy into Quality Home Loans, a hard-money lender based in Agoura, California. A Quality Home spokeswoman described the hedge fund as a partner, however, she said that a public announcement has yet to be made....
- Hedge Fund-Filled Deals May Spell Trouble. Hintze, John // Bank Loan Report;12/15/2003, Vol. 18 Issue 48, p1
Reports that hedge funds and other nontraditional lenders became regular players in the syndicated loan market in the U.S. in 2003. Rescue financing; Loan structures; Acquisition-related financing made by non-traditional lenders.
- Will Hedges Come Back To Haunt Mortgage Firms? Shenn, Jody // American Banker;8/1/2003, Vol. 168 Issue 147, p20
Banks use some instruments to hedge their mortgage businesses against interest rate movements, a practice that has become increasingly important over the past three years as rates have dropped to historic lows. But now that rates have started to rise rapidly, hedges have become uncertainty. In a...
- Are Some Euro Second Liens Underpriced Mezz In Disguise? K. K. // Bank Loan Report;5/19/2005, Vol. 20 Issue 19, p1
The article reports that European issuers have increasingly opted for second lien loans, with such issuance totaling some euro 2.3 billion during the last eighteen months as of May 2005. There are a few structural differences between the two debt products, say second lien loans and mezzanine....
- Despite Challenges, Duke Street Launches CDO. Husband, Sarah // Private Placement Letter;5/5/2003, Vol. 21 Issue 18, p3
Reports on the launch of Duchess II, the second-largest leveraged loan collateralized debt obligation by Duke Street Capital Debt Management in Europe. Finance for leveraged buyout transactions; Structure of credit facilities and institutions; Use of hedge funds.