Home About UsPublicationsForumsConsultingContact Us
Back to Earlier Search Results New Search Logout

Links

CMA Shipping 2011

Marine Money Forums

Marine Money Asia Week

Freshly Minted Newsletter

Marine Finance Dashboard

ABS Is Back For Some

In the first intermodal container ABS term financing since 2007, TAL Advantage IV, a wholly owned subsidiary of TAL International issued $197 million Series 2010-1 Fixed Rate Secured Notes. Rated “A” by S&P, the Notes were issued at par with an annual interest rate of 5.5% have a scheduled maturity date of July 20, 2020 and a final legal maturity of July 21, 2025. The net proceeds will be used to purchase containers and for other general business purposes.

This is only an excerpt of ABS Is Back For Some

Content is restricted to subscribers. To continue reading please Log-In or view our subscription options.

Existing Users Login

Username
Password
 


Related Archive Files


Written by: | Categories: Freshly Minted, The Week in Review | May 12th, 2011 |

Tags: ·

Leave a Reply

You must be logged in to post a comment.

Copyright 2008. Marine Money. All Rights Reserved.