treeman
Member of DD Central
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Post by treeman on Mar 16, 2017 12:45:43 GMT
Looks like PBL035 > DFL finance
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Post by spareafewcoppersguv on Mar 16, 2017 16:38:53 GMT
c7M, cue sales of dfl 17  And the value has miraculously gone from £9M to £29M!!!!! That truly is turning water into wine.....
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cooling_dude
Bye Bye's for the PPI
Posts: 2,853
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Post by cooling_dude on Mar 16, 2017 16:45:31 GMT
c7M, cue sales of dfl 17 And the value has miraculously gone from £9M to £29M!!!!! That truly is turning water into wine..... That is GDV, not MV. The current value is £10m according to the updated VR, so not far from the original loan VR (9m) Also; this loan is just for "phase one". The entire project has a GDV @ £72m... Blimey!
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Post by spareafewcoppersguv on Mar 16, 2017 19:18:06 GMT
And the value has miraculously gone from £9M to £29M!!!!! That truly is turning water into wine..... That is GDV, not LTV. The current value is £10m according to the updated VR, so not far from the original loan VR (9m) Also; this loan is just for "phase one". The entire project has a GDV @ £72m... Blimey! Ah, thanks. Blimey indeed!!!
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trevor
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Post by trevor on Mar 16, 2017 20:41:25 GMT
Added to pipeline 16/02/17?
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Liz
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Post by Liz on Mar 16, 2017 22:59:04 GMT
And the value has miraculously gone from £9M to £29M!!!!! That truly is turning water into wine..... That is GDV, not LTV. The current value is £10m according to the updated VR, so not far from the original loan VR (9m) Also; this loan is just for "phase one". The entire project has a GDV @ £72m... Blimey! That is one risky project, both for lender and platform.
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elliotn
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Post by elliotn on Mar 17, 2017 4:07:53 GMT
That is GDV, not LTV. The current value is £10m according to the updated VR, so not far from the original loan VR (9m) Also; this loan is just for "phase one". The entire project has a GDV @ £72m... Blimey! That is one risky project, both for lender and platform. Yes, it did make me think of the 16% available for the lodges on abl.
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cooling_dude
Bye Bye's for the PPI
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Post by cooling_dude on Mar 17, 2017 14:57:47 GMT
NOTE regarding the new DFL - Existing borrowers in PBL035 will roll into the new DFL
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elliotn
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Post by elliotn on Mar 17, 2017 15:07:45 GMT
Surprising as the loans are not like for like and SS have re-launched in such cases previously.
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cooling_dude
Bye Bye's for the PPI
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Post by cooling_dude on Mar 17, 2017 15:21:59 GMT
Surprising as the loans are not like for like and SS have re-launched in such cases previously. Clever little way of trying to keep investors - maybe SS have seen more withdrawals after repayments NOTE: If you don't want to roll into the new DFL, place your loan part on the SM, and SS will take it when the rollover occurs* *this is based on previous experiences - there is a slim chance SS don't do this anymore, but it hard to see how
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warn
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Curmudgeon
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Post by warn on Mar 17, 2017 17:12:51 GMT
Cleaver little way of trying to keep investors ... That's a very cutting remark!
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jomantha
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Post by jomantha on Mar 21, 2017 9:27:18 GMT
ignore me
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mickj
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Post by mickj on Mar 21, 2017 14:17:21 GMT
DFL005 - A******** & Land w/ PP, P******* - Tranche 8 £491,790.00 in the pipeline
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twoheads
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Programming
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Post by twoheads on Mar 23, 2017 10:50:47 GMT
New 12% PBL added, 9 months and £2.6M - added 10:47, 23-March.
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cooling_dude
Bye Bye's for the PPI
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Post by cooling_dude on Mar 23, 2017 10:51:11 GMT
A follow on from PBL122 (refinance?) is in the pipeline
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