PRESS RELEASE: Moody's Upgrades The Cmbs Notes Issued By The Mall Funding Plc
26th Jul 2010 19:41
The following is a press release from Moody's Investors Service: GBP 1,435 million of CMBS affected Frankfurt, July 26, 2010 -- Moody's Investors Service has today upgraded the single tranche issued by The Mall Funding plc (the "Issuer"), a UK CMBS transaction: GBP1435m Floating Rate Notes due
Read morePRESS RELEASE: Moody's Upgrades The Cmbs Notes -2-
26th Jul 2010 19:41
FINANCIAL LOSS IN THE EVENT OF DEFAULT. CREDIT RATINGS DO NOT ADDRESS ANY OTHER RISK, INCLUDING BUT NOT LIMITED TO: LIQUIDITY RISK, MARKET VALUE RISK, OR PRICE VOLATILITY. CREDIT RATINGS ARE NOT STATEMENTS OF CURRENT OR HISTORICAL FACT. CREDIT RATINGS DO NOT CONSTITUTE INVESTMENT OR FINANCIAL ADVICE
Read morePRESS RELEASE: S&P Takes Rtg Action On The Mall -2-
23rd Jul 2010 15:48
suitability of any security. S&P does not act as a fiduciary or an investment advisor. While S&P has obtained information from sources it believes to be reliable, S&P does not perform an audit and undertakes no duty of due diligence or independent verification of any information it receives. S&P ke
Read morePRESS RELEASE: S&P Takes Rtg Action On The Mall Funding After Restructuring
23rd Jul 2010 15:48
The following is a press release from Standard & Poor's: OVERVIEW -- The Mall Funding mortgage-backed transaction has been restructured following a noteholders' vote on July 15, 2010. -- Key changes under the new structure include the extension of the notes' legal maturity date to 2017,
Read moreCapital & Regional: Conditions Met For Mall Fund Restructuring
21st Jul 2010 12:37
LONDON (Dow Jones)--Capital & Regional PLC (CAL.LN), a co-investing property asset manager, Wednesday announces that further to the Company's announcement on July 15, all of the conditions precedent to the Mall Fund restructuring have now been met and the transaction has now completed. -Shares a
Read moreMicro Focus chairman takes advantage of price fall
30th Jun 2010 17:00
Micro Focus International has lost nearly one-fifth of its value over the past week following the departure of finance director Nick Bray and this has tempted the software company's chairman to invest just over £400,000. Kevin Loosemore bought 100,000 shares at 401.4p each, which takes his shareho
Read moreCapital & Regional Sells 4 Shopping Centers For GBP136M
25th Jun 2010 15:23
LONDON (Dow Jones)--Capital & Regional PLC (CAL.LN) Friday announces that The Mall Fund has conditionally exchanged contracts with clients of Rockspring Property Investment Managers, for the sale of four shopping centers at a price of GBP136 million, reflecting a net initial yield of 7.5%. MAIN
Read moreSector movers: Capital & Regional lifts property stocks
16th Jun 2010 13:10
Property group Capital & Regional is helping lift the real estate investment & services sector higher after announcing the appointment of John Clare as chairman and the disposal of the Manchester Evening News Arena for £62.2m. Inmarsat is leading the mobile telecoms sector lower, adding to yesterda
Read moreJohn Clare named Capital & Regional chairman
16th Jun 2010 10:46
Capital & Regional announced the appointment of John Clare as chairman of the property asset manager with effect from 29 June. Clare, who is succeeding Tom Chandos, was previously chief executive of Dixons between 1993 and 2007 and a non-executive director of Hammerson between 1988 and 2009. He is
Read moreCapital & Regional John Clare Named Chairman Effective June 29
16th Jun 2010 10:18
LONDON (Dow Jones)-- Capital & Regional PLC (CAL.LN), a co-investing property asset manager, said Wednesday that it has appointed John Clare as Chairman with effect from June 29. Shares at 0915 GMT up 0.75 pence, or 2.48%, at 31.0 pence. -By Razak Musah Baba, Dow Jones Newswires; +44-20-78
Read moreCapital & Regional Completes Sale Of MEN Arena For GBP62.2M
16th Jun 2010 07:43
LONDON (Dow Jones)--Capital & Regional PLC (CAL.LN), a co-investing property asset manager, said Wednesday it has, together with its joint venture partner, completed the sale of the companies that own the Manchester Evening News Arena to subsidiaries of Development Securities PLC (DSC.LN) for GBP62.
Read morePRESS RELEASE: Moody's Comments On The Proposed Amendments To The Cmbs Transaction The Mall Funding Plc
11th Jun 2010 16:27
The following is a press release from Moody's Investors Service: GBP 1,435 million of CMBS affected Frankfurt, June 11, 2010 -- Moody's Investors Service has commented today on the restructuring proposal as of 10 June 2010 for the The Mall Funding plc (the "Issuer") transaction. The proposal con
Read morePRESS RELEASE: Moody's Comments On The Proposed -2-
11th Jun 2010 16:27
hedged notional could lead to the Borrower being partially unhedged during the extended term of the Loan; - Moody's will have to assess in more detail whether the restructuring and anticipated disposals could result in negative selection over time in order to accomplish the sales and Loan amount ta
Read moreSmall caps round-up: Chaucer, Ricardo, Trafficmaster...
19th May 2010 11:20
Underwriter Chaucer has reported a 3% dip in first quarter total gross written premium income to £250.1m, which KBC Peel Hunt said shows discipline. "Despite a high level of losses to the Chilean and Deepwater catastrophes in Q1, the tone of Chaucer's IMS is positive," said the broker. "The group i
Read moreSmall caps round-up: Impax, Liberty, Petards
19th May 2010 10:29
Impax, the investment manager focused on environmental sector, saw its assets under management rise by 40% in the six months to March 31 as markets improved. 'Evidence of improving macroeconomic conditions, particularly in the United States and in the Asia-Pacific region, has resulted in continued
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