MMA Capital raises capital for energy lending investment [Seeking Alpha]
MMA Capital Mgmt, LLC (MMAC)
US:NASDAQ Investor Relations:
mmacapitalmanagement.com
Company Research
Source: Seeking Alpha
MMA Capital Management ( MMAC ) reports a series of transactions to reduce its leveraged bond holdings so it can fund renewable lending investments. After settling the transactions, which will have a minimal impact on common shareholders' equity, MMAC will receive $14.1M, plus accrued interest. Terminated 15 total return swap agreements that had total notional amount of $102.6M and sold one multi-family tax-exempt bond and one subordinate certificate interest in a multi-family tax exempt bond; also terminated a pay-fixed interest rate swap agreement that had notional amount of $65M. Portion of net proceeds attributable to MMAC's total return swap and other bond interests reflects the realization of a 5.0% premium above the unpaid principal balance of such TRS and bond interests. Sees at least two more dispositions from its leveraged bond portfolio in January, expected to provide $9M more. Click to subscribe to real-time analytics on MMAC Now read: Bank Of
Show less
Read more
Impact Snapshot
Event Time:
MMAC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MMAC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MMAC alerts
High impacting MMA Capital Mgmt, LLC news events
Weekly update
A roundup of the hottest topics