| Regency Centers Sells $400 Mln. Of 10-Yr Senior Unsecured Notes ...
6/5/2007 2:46:03 PM Regency Centers Corp. (REG) on Tuesday said its operating partnership, Regency Centers, L.P., finalized the sale of $400 million of 5.875% ten-year senior unsecured notes under its existing shelf registration statement. The notes are due June 15, 2017 and were priced at 99.527%. The company said it would use the net proceeds to reduce borrowings under Regency's corporate line of credit.
Intertainment Media Agrees To Buy Minority Equity Interest In DC NetCast Media - Quick Facts [INT.V]
6/5/2007 2:41:43 PM Intertainment Media Inc. (INT.V) on Tuesday said it agreed to buy a minority equity interest in DC NetCast Media Inc., a privately held Toronto, Canada company with diversified holdings in both content assets and technology IP.
Fitch Affirms 3 Classes from 2 GMAC Securitizations
The affirmations reflect adequate relationships of credit enhancement (CE) to future loss expectations and affect approximately $60.7 million of outstanding certificates. Credit enhancement for the 2000-HE2 series reflects the note insurance policy issued by MBIA Insurance Corporation, whose claims-paying ability is rated 'AAA' by Fitch. Credit enhancement for the 2001-HLTV1 series reflects the financial guaranty insurance policy issued by Ambac Assurance Corporation, whose claims-paying ability is also rated 'AAA' by Fitch. The collateral of the above transactions consists of fixed-rate closed-end home equity loans and adjustable-rate home equity revolving credit line loans creating a first or second lien on residential properties. As of the April 2007 distribution date, the 2000-HE2 and 2001-HLTV1 transactions are seasoned 82 months and 75 months, respectively, and the pool factors (current collateral balance as a percentage of original collateral balance) are approximately 10% and 7%, respectively.
IsoTis Closes on $20 Million Credit Facility With Merrill Lynch ...
IsoTis, Inc. (NASDAQ: ISOT), the orthobiologics company, today announced it has secured a $20 Million credit facility with Merrill Lynch Capital, a division of Merrill Lynch Business Financial Services Inc., and Silicon Valley Bank. IRVINE, California, May 30 /PRNewswire/ -- IsoTis, Inc. (NASDAQ: ISOT), the orthobiologics company, today announced it has secured a $20 Million credit facility with Merrill Lynch Capital, a division of Merrill Lynch Business Financial Services Inc., and Silicon Valley Bank. The three-year $20 million credit facility has two components: a $10 million term loan and a $10 million revolving line of credit. This credit facility expands on and replaces the $5 million credit facility IsoTis closed on in June 2006 with Silicon Valley Bank. The $10 million term loan will be repaid in equal monthly installments over 30 months, beginning on January 1, 2008.
|
