Wednesday, 30 September 2015

Tiera buys FR 21.11: Digital Realty Trust would assume Digital Delta Holdings' obligations under the notes.

Because the $20.00 strike represents an approximate 4% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The put contract at the $20.00 strike price has a current bid of 10 cents. Over the past two months, 4 earnings estimates have gone higher compared to no lower for the full year, while we are also seeing that 6 earnings estimates have gone higher compared to no lower for the next year time frame too. A nice path here can really help to show us a promising stock, and we have actually been seeing that with FR as of late too. And in the case of FR, the results are quite impressive.


Alba:
Associated Bank and Fifth Third Bank also participated in the loan.

Glenda:
Bank National Association served as Co-Syndication Agents.

Pok:
PNC Bank, National Association, Regions Bank and U.S.

Genevive:
In addition, Wells Fargo Bank, National Association acted as the Administrative Agent.

Myrl:
Bank National Association served as joint-lead arrangers and joint book runners for the term loan.

Shanda:
Wells Fargo Securities, LLC, PNC Capital Markets LLC, Regions Capital Markets and U.S.

Merrilee:
The Company plans to initially use the proceeds to repay amounts outstanding under its unsecured credit facility and for other general business purposes.

September:
The Company also entered into interest rate swap agreements to effectively convert the loan's rate to a fixed interest rate of approximately 3.39% per annum based on the loan's current credit spread.

Kathryne:
The rate is subject to adjustment based on the Company's leverage or credit ratings.

Pandora:
The loan features interest-only payments and initially bears an interest rate of LIBOR plus 160 basis points.

First Industrial Realty Trust (NYSE:FR)
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