The Motley Fool

OCTOBER 23, 2024

In addition, we discuss non-GAAP financial measures, including core funds from operations or core FFO, adjusted funds from operations or AFFO, and net debt to recurring EBITDA. times pro forma net debt to recurring EBITDA. Proforma for the settlement of our outstanding forward equity, net debt to recurring EBITDA was approximately 3.6

Debt 130

Debt Capital Leveraging Assets 130

Udu

MAY 31, 2023

Between 2020 and 2021, the industry experienced a period of unprecedented growth, only to see a regression in 2022 due to delayed economic reactions to the COVID-19 pandemic – the global buyout value dropped nearly 35%. trillion, representing a 111% increase over 2020.

Leveraged Buyouts 52

Leveraged Buyouts Private Equity Firms Private Equity Firms Buyout 52

The Motley Fool

JULY 26, 2023

In fact, according to Bloomberg, the Southeast has accounted for two-thirds of all job growth across the country since early 2020, almost double its pre-pandemic share. 1 bullet in terms of either paying down debt or funding development, etc.? We've long highlighted the benefits of the Southeastern U.S. Turning to our balance sheet.

Debt 130

Debt Prospects Law Firms Banks 130

The Motley Fool

MAY 9, 2024

Ed Sheeran's Divide released in 2017 and Dua Lipa's Future Nostalgia released in 2020 are both in our top-earning albums for the quarter. Our goal continues to be to deliver operating cash flow conversion of 50% to 60% over a multiyear period, which we expect to achieve for full year 2024. Our weighted average cost of debt was 4.5%

Bidding 130

Bidding Banks Capital Legal 130

The Motley Fool

MAY 3, 2024

billion in debt was at fixed rates. And our net funded debt to annualized adjusted normalized EBITDA was 5.03 We don't really toggle a dollar amount to that number of deals, but it's substantial. And quite frankly, there's just a lot of deals flowing in at the moment so I would say very active. Turning to guidance.

Investors 130

Investors Assets Capital Portfolios 130

The Motley Fool

JUNE 7, 2024

At the end of the day, it's equity capital that's going to come in to rescue properties that have problems with their debt capital structure. For the rest of 2020 and into 2021, and into 2022, it was just game on. They're servicing their debt. While there are pockets of distress, it's not anything close to a distressed market.

Assets 130

Assets Asset Management Capital Companies 130

The Motley Fool

AUGUST 8, 2023

Our buyers are doing a fantastic job partnering with suppliers, and we are seeing healthy deal flow across categories. million due to the impact of higher interest rates on our variable cost debt, partially offset by a reduction in average borrowings outstanding versus the prior year. and gross profit increased 16.9%

Banks 100

Banks Deal Flow Education Debt 100

The Motley Fool

JULY 27, 2023

While we did see some likely event driven issuance in the second quarter ahead of the debt ceiling events in the United States, we're also seeing more economists, including our own, expecting only one or two more rate hikes from major central banks over the remainder of 2023. There's not a lot of deal flow. Your line is open.

Securities and Exchange Commission (SEC) 100

Securities and Exchange Commission (SEC) Banks Debt Capital 100

The Motley Fool

FEBRUARY 20, 2024

And between 2020 and 2023, the mean royalty rate has increased to 4.3% As I mentioned previously, 2020 to 2023 were significant years of building our team. In addition, we own 100% of our GMP manufacturing facility, and AbCellera does not have any debt. across 37 partner-initiated discovery programs with downstreams.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Assets Legal Capital 130

Pension Pulse

AUGUST 15, 2023

2 Includes term debt, bond repurchase agreements, implied funding from derivatives, unsecured funding, and liquidity reserves. Mr. Crane joined Ontario Teachers’ in 2020 and most recently led the Infrastructure & Natural Resources team in Asia-Pacific. Detailed Asset Mix As at June 30, 2023 As at Dec. 9% Private equity 60.7

Pension Funds 52

Pension Funds Assets Liabilities Stakes 52

The Motley Fool

FEBRUARY 21, 2025

times debt to EBITDA. We were born with a very unnatural balance sheet for a REIT, short tenor, secured debt, second-lien debt, a $1.6 We started to chip away the second-lien notes with our IPO and retired the remaining 498 million in February 2020. In connection with the Eldorado-Caesars merger, we retired the CMBS debt.

Assets 130

Assets Mergers and Acquisitions Debt Capital 130

The Motley Fool

NOVEMBER 1, 2024

When levered with debt, this can give us $500 million to nearly $1 billion of investing power even when, again, overall capital market conditions are not positive. In terms of leverage, our total debt is currently $17.1 In 2020, it was 16. times within our target leverage range of five times to 5.5 In 2019, it was seven.

Assets 130

Assets Capital Funds Deal Flow 130

The Motley Fool

APRIL 12, 2024

In March, we issued $3 billion of debt to fund a portion of the cash consideration for our planned acquisition of GIP. We currently have invested the proceeds of the offering at substantially the same rate as the cost of borrowing, effectively eliminating incremental cost of carrying additional debt prior to the close of the GIP transaction.

Performance Fees 130

Performance Fees Assets Shareholders Leveraging 130

The Motley Fool

JULY 15, 2024

With a strong common culture of serving clients with excellence, together with GIP, we will deliver for our clients a holistic global infrastructure manager across equities, debt, and solutions. BlackRock has developed a broad network of global corporate relationships through our many years of long-term investments in both debt and equity.

Assets 130

Assets Liabilities Leveraging Asset Management 130

The Motley Fool

AUGUST 3, 2023

Q2 debt brokerage volume of $3.3 The banking sector had a full-on crisis in Q2 with the failure of SVB, Signature, and First Republic, dropping capital flows to commercial real estate dramatically. As shown on Slide 11, as of December 31, 2022, the weighted average debt service coverage ratio was 2.32

Asset Management 100

Asset Management Financing Finance Debt 100

The Motley Fool

AUGUST 8, 2024

As shown on Slide 3, Q2 transaction volume was highlighted by debt brokerage of $3.9 And as property sales volumes pick up, it will benefit investment sales, debt placement, valuation services, investment banking, and our affordable housing business. billion, up 16% year over year.

Assets 130

Assets Financing Finance Debt 130

The Motley Fool

NOVEMBER 1, 2024

Blended lease outs will be slightly negative and bad debt will be within the range of 75 to 85 basis points, in line with the full year. in lower interest rates on our floating rate debt. As of today, approximately 80% of our debt is fixed rate. Our balance sheet remains incredibly strong with net debt-to-EBITDA at 3.9

Taxes 130

Taxes Debt Capital Assets 130

The Motley Fool

NOVEMBER 9, 2023

They are well behind, but they aren't losing deal flow to other capital sources. Debt brokerage volume declined 52% year over year to $3.1 Only 9% of our at-risk portfolio is floating-rate debt, and every loan must maintain an interest rate cap. billion in Q3, in line with our Q2 volumes. That's only 5.5%

Asset Management 100

Asset Management Deal Flow Assets Financing 100

The Motley Fool

FEBRUARY 11, 2025

We benefited from strong market trends, including record debt issuance for our Ratings business and strong equity valuations for our index business. We saw many issuers take advantage in 2024 to refinance debt and felt very strong activity in CLO volumes, as well as repricing and amend and extend activity. So within the U.S.,

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Mergers and Acquisitions Assets Capital 130