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PRESS RELEASE: HFF Closes Sale of and Arranges Financing for Easton Commons in Houston, Texas
2013-09-09 22:45:00| National Real Estate Investor
Kristen Murphy HFF the sale of and arranged financing for Easton Commons, a 193,595-sq.-ft., grocery-anchored community center in Houston. read more
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sale
release
press release
Nokia draws down on Microsoft financing
2013-09-09 08:58:00| Telecompaper Headlines
(Telecompaper) Nokia said it has decided to draw down on the EUR 1.5 billion financing option set forth in the recent deal inked with Microsoft. Microsoft agreed to acquire the mobile phone business of Nokia for EUR 3.79 billion, and pay an additional EUR 1.65 billion to license Nokia patents. The EUR 1.5 billion financing was also part of the acquisition, to take place as three EUR 500 million tranches of convertible notes. Nokia intends to use the proceeds to prepay financing raised for the acquisition of the shares in NSN, completed in August, and for general corporate purposes. The 2018 bond, or first tranche, will mature in five years, with a 1.125 percent per annum coupon and an initial conversion price of EUR 3.93. The second tranche, or 2019 bond, will mature in six years, with a 2.5 percent coupon and an initial conversion price of EUR 4.08. The 2020 bond, or third tranche, will mature in seven years, with a 3.625 percent coupon and an initial conversion price of EUR 4.23. Nokia will make an application to include the bonds for trading on the Open Market (Freiverkehr) of the Frankfurt Stock Exchange as soon as reasonably practicable following the issuance date of the bonds. The maximum number of shares which may be issued by Nokia upon conversion of all the bonds is around 367.5 million, or 8.9 percent of Nokia's shares.
Tags: microsoft
nokia
financing
draws
Is GE pulling financing for Furniture Brands dealer inventory?
2013-09-06 01:56:20| Furniture - Topix.net
Based on a letter being sent to some dealers, GE Capital Solutions is cutting off dealer inventory financing for Furniture Brands International Inc. lines, including Broyhill and Lane, trade publication Furniture Today reports .
Tags: brands
furniture
inventory
dealer
PRESS RELEASE: HFF Arranges $22.5 Million Financing For Regency At RidgeGate in Suburban Denver
2013-09-04 21:36:00| National Real Estate Investor
Kristen Murphy HFF has arranged $22.5 million in financing for the Regency at RidgeGate, a 208-unit, class-A multi-housing community in Lone Tree, Colo. read more
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release
million
press release
PRESS RELEASE: HFF Secures $5.635 Million Financing for Two-Property Self Storage Portfolio in Northern California
2013-09-03 22:09:00| National Real Estate Investor
Kristen Murphy HFF announced today that it has secured $5.635 million in financing for a 1,046-unit, two-property self storage portfolio totaling 104,075 square feet in northern California. read more
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release
million
california
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