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The bank then sells the debts as secured bonds on the national market.
The project would take three years to complete and would be backed by federally secured bonds.
All eight of those arrested were later released, either on personal recognizance or on secured bond.
New York City Transitional Finance Authority, $360 million of future tax secured bonds.
Mangum was initially held in jail under a $300,000 secured bond, which was set prior to her boyfriend's death.
Bondholders, with $200 million of debt originally sold as "asset backed" secured bonds, have filed their own suits against Towers and its executives.
The SPV then raises money for your business to pay for these assets by issuing secured bonds.
Morial also secured bond issues for street improvements, the Canal Street streetcar line, and an expansion of the city's convention center.
"For perspective, a typical bank account would take seven years to achieve a return equal to the annual yield you can buy on a Sainsbury's secured bond.
Nassau County Interim Finance Authority, N.Y., $134.2 million of sales tax secured bonds.
The holders of about $236.4 million in secured bonds that pay 15 percent in interest are owed roughly $12 million in accrued interest.
Moody's Investors Service also said this week that it expected the ratings on the average senior secured bonds for the 50 largest domestic utilities to fall in the next three years.
The CSX Corporation is offering $195 million of secured bonds divided into three maturities through Salomon Brothers.
The two largest holders of the secured bonds are Mutual Shares, a mutual fund overseen by Michael F. Price, and Halcyon Partners, another investment firm.
We're also pleased Senator Steve Spellman has secured bonding for Quiambaug Cove that appropriates $3 million to implement the findings of the study.
Wal-Mart's ratings under review are for senior unsecured obligations rated "Aa1," secured bonds at "Aa1" and participating mortgage certificates at "Aaa."
The secured bonds are being issued on behalf of North General Hospital in upper Manhattan and are tentatively priced to yield a maximum 7.40 percent for an issue due in 2019.
The court papers said that three of Mr. Icahn's companies hold $50 million of T.W.A.'s secured bonds and $15 million of its unsecured bonds.
Because of the bondholders' rejection of the settlement, the investors holding the secured bonds and those holding the unsecured bonds must now renegotiate how they will split any settlement, Mr. Ross said.
The average price, for the last six years, of secured bonds directly after default was 53.8 cents for each dollar of face value, but in 1990 that has fallen to 37.6 cents, Mr. Altman said.
Besides the $10 million bail, - which must be guaranteed by 10 co-signers, Mr. Abraham must offer $5 million worth of property as a secured bond and submit to house arrest with electronic monitoring.
He is believed to own anywhere from a third to one-half of the airline's $140 million in 11.5 percent secured bonds, and possibly some of the $50 million in 12 percent secured notes as well.
The company stopped paying interest on $925 million in bonds in August and proposed a plan the next month that calls for Resorts to swap existing bonds for new secured bonds, cash and stock.
On March 14, 2013 Raymer was arrested along with five other men in Wake Forest, NC and charged with prostitution and attempted crimes against nature and received a $1,000 secured bond.
LEAD: Debt Debt * Secured Finance Inc. has filed with the Securities and Exchange Commission for $450 million in senior guaranteed secured bonds due 2004 through Goldman, Sachs & Co.