Management agent

Spirit Realty Capital, Inc. Announces Closing of $500.0 Million Unsecured Term Loan Facility

Retrieved on: 
Thursday, November 17, 2022

The facility also includes an accordion feature to increase the available term loan in the aggregate amount of $100.0 million (such that the term loan shall not exceed $600.0 million), subject to obtaining lender commitments and the satisfaction of certain customary conditions.

Key Points: 
  • The facility also includes an accordion feature to increase the available term loan in the aggregate amount of $100.0 million (such that the term loan shall not exceed $600.0 million), subject to obtaining lender commitments and the satisfaction of certain customary conditions.
  • A total of thirteen lenders participated in the term loan facility, including JPMorgan Chase Bank, N.A.
  • We are pleased to complete our previously announced term loan facility, stated Michael Hughes, Chief Financial Officer of Spirit.
  • More information about Spirit Realty Capital can be found on the investor relations page of the Company's website at www.spiritrealty.com .

Spirit Realty Capital, Inc. Announces $800.0 Million Unsecured Term Loan Facility

Retrieved on: 
Monday, August 22, 2022

The term loan facility also includes an accordion feature to increase the available term loans in the aggregate amount of $200.0 million (such that the term loans shall not exceed $1.0 billion), subject to obtaining lender commitments and the satisfaction of certain customary conditions.

Key Points: 
  • The term loan facility also includes an accordion feature to increase the available term loans in the aggregate amount of $200.0 million (such that the term loans shall not exceed $1.0 billion), subject to obtaining lender commitments and the satisfaction of certain customary conditions.
  • A total of twelve lenders participated in the term loan facility, including JP Morgan Chase Bank, N.A.
  • We are pleased to complete our previously announced $800.0 million term loan facility, stated Michael Hughes, Chief Financial Officer of Spirit Realty Capital.
  • More information about Spirit Realty Capital can be found on the investor relations page of the Companys website at www.spiritrealty.com .

Spirit Realty Capital, Inc. Announces $1.2 Billion Revolving Credit Facility

Retrieved on: 
Wednesday, March 30, 2022

The amended credit facility, which amends and restates the Companys existing $800 million revolving credit facility, matures in March 2026 and can be extended to March 2027 at the Companys option.

Key Points: 
  • The amended credit facility, which amends and restates the Companys existing $800 million revolving credit facility, matures in March 2026 and can be extended to March 2027 at the Companys option.
  • We are pleased to announce the completion of our amended credit facility, providing Spirit with attractively priced capital and enhanced liquidity, said Michael Hughes, Chief Financial Officer of Spirit Realty Capital.
  • Based on Spirits current credit rating and leverage ratio (as defined within the amended credit facility), the Companys applicable margin is 77.5 basis points with a facility fee of 15 basis points.
  • A total of 15 lenders participated in the amended revolving credit facility, including JP Morgan Chase Bank, N.A.

New Oracle Cloud Infrastructure Services Authorized for the US Government

Retrieved on: 
Monday, January 24, 2022

With authorizations for Oracle Autonomous Database , Oracle Integration Cloud , and others, government customers can improve their operations with a growing array of cost-effective, highly secure services available in Oracle's US government regions .

Key Points: 
  • With authorizations for Oracle Autonomous Database , Oracle Integration Cloud , and others, government customers can improve their operations with a growing array of cost-effective, highly secure services available in Oracle's US government regions .
  • "These newly authorized cloud services expand Oracle's suite of differentiated, highly secure, high-performing technology for government customers," said Rand Waldron, vice president, Global Government Sector, Oracle.
  • Oracle Autonomous Database on Shared Infrastructure allows multiple customers to share the resources of an Oracle Exadata cloud infrastructure.
  • Oracle Cloud Infrastructure OS Management allows customers to manage and monitor updates and patches for the operating system environments on Oracle Cloud instances.

The Residences at Bishop Place Announces Affordable Housing Lottery

Retrieved on: 
Monday, September 13, 2021

The Residences at Bishop Place, the newest high-rise apartment development in Downtown Honolulu, will be holding a lottery for affordable rental housing units.

Key Points: 
  • The Residences at Bishop Place, the newest high-rise apartment development in Downtown Honolulu, will be holding a lottery for affordable rental housing units.
  • To meet the growing demand for rental housing in Downtown Honolulu, Bishop Place, a prominent commercial office building located at 1132 Bishop Street, is being converted to a vibrant new high-rise apartment community.
  • Applications for the lottery are available at The Residences at Bishop Place Management Office located at 1132 Bishop Street, Honolulu, Hawaii 96813, 9:00 am to 5:00 pm, Monday through Friday.
  • Applicants must hand deliver applications to The Residences at Bishop Place Management Office at 1132 Bishop Street, Honolulu, Hawaii, 96813 between the hours of 9:00 am and 5:00 pm, Monday through Friday.

Phoenix American Releases White Paper on Market Trends and Outlook for Aviation Asset-Backed Securitizations

Retrieved on: 
Monday, September 13, 2021

Asset-Backed Securitization for Commercial Aviation looks at the origin of asset-backed securitizations starting in the 1960's and the advent of the aviation ABS in the 1990's.

Key Points: 
  • Asset-Backed Securitization for Commercial Aviation looks at the origin of asset-backed securitizations starting in the 1960's and the advent of the aviation ABS in the 1990's.
  • The Aviation ABS Market Today profiles the current state of aviation ABS, the principal sponsors engaged in the market and the prospects for growth as the world emerges from the disruptions of the Covid-19 pandemic.
  • "The performance of aviation ABS during Covid-19 shows that today's deals can endure some very turbulent industry cycles," said Joseph Horgan, Senior Vice President at Phoenix American.
  • Phoenix American Financial Services provides managing agent and accounting services for securitizations specializing in the commercial aviation leasing industry.