This detailedinformation resource independently researched and supported by 10 years ofhistorical data identifies best and worst case scenarios of
This detailedinformation resource, independently researched and supported by 10 years ofhistorical data, identifies best and worst case scenarios of today’s pressingchallenges. With complete2008 data and sophisticated forecasts for 2009, the report provides the mostupdated data and analysis on the industry’s key financial data, cost andpricing, competitive landscape, industry structure, and trends andopportunities. This 163-page report includes the most recent information on the domesticmarket, global market and overseas growth opportunities. The Game, Toy, and Children’s Vehicle Manufacturing Industry report is the mostcomprehensive market research report available on this industry. DUBLIN–(Business Wire)–Research and Markets( http://) hasannounced the addition of Supplier Relations US, LLC’s new report “Game, Toy,and Children’s Vehicle Manufacturing Industry in the U.S and its Foreign Trade[2009 Edition]” to their offering. Bank of America and JP Morgan were the joint bookrunningmanagers for the sale.BORROWER: TJX COS INCAMT $400 MLNCOUPON 4.20 PCT MATURITY 8/15/2015 TYPE SR NOTES ISS PRICE 99.992FIRST PAY 2/15/2010MOODY’S A3YIELD 4.202 PCT SETTLEMENT 7/23/2009S&P SINGLE-ASPREAD 170 BPSPAY FREQ SEMI-ANNUALFITCH N/AMORE THAN TREASMAKE-WHOLE CALL 30 BPS**COC PUT $101 Stocks | Bonds Stocks Bonds.
July 20 (Reuters) – TJX Companies Inc (TJX.N) on Mondaysold $400 million of six-year senior notes, said a sourcefamiliar with the transaction. The size of the deal was increased from an originallyplanned $250 million. As the leading player in this market,the Group is firmly focused on pro-actively managing high-quality propertyassets SFL has elected to be taxed as an SIIC since 2003. STOCK MARKET:Euronext Paris Compartment A – Euronext Paris ISIN FR0000033409 – Bloomberg: FLYFP – Reuters: FLYP PA CompanySFLNicolas ReynaudPhone: + 33 (1) 42 97 01 orCommunicationINFLUENCESMedia contact: Catherine Durand-MeddahiPhone: + 33 (1) 44 82 67 opyright Business Wire 2009. With an exceptional portfolio of properties valued at nearly ?3,3 billionincluding transfer costs, essentially located in the Paris Central BusinessDistrict, SFL is a preferred vehicle for investors wishing to invest in theParis office and retail property market. Theaverage cost of debt was 4.0% and the average maturity was 2.5 years.
On this basis, at 30 June 2009, fully-diluted NAV per share stood at ?43.4including transfer costs – down 15.4% from ?51.3 at 31 December 2008 – and ?39.7excluding transfer costs. The estimated replacement value, including transfercosts, at 30 June 2009 was ?3,255 million. The composition of the portfolio was unchanged, with prime office properties inParis’s Central Business District accounting for 77% of the total and retailunits on the capital’s best shopping streets representing 19%. Net debt at 30 June 2009 amounted to ?1,114 million – down slightly from ?1,159million at 31 December 2008 – and the loan-to-value ratio stood at 34.2%. These are the Company`s main renovation projects currently inprogress and they remain on schedule for delivery in 2010. FinancingDuring the period, the finance lease on the 131 Wagram building expiring in June2009 was extended for seven years at a rate corresponding to Euribor plus 200bps.
With interest rates at record lows, SFL also set up new interest rate swaps on anotional amount of ?200 million. NAVThe estimated market value of the portfolio at 30 June 2009 was ?3,082 millionexcluding transfer costs, down 7.9% on a comparable portfolio basis from ?3,477million at 31 December 2008. In an investment market shaped by a considerably lower deal flow, five buildingswere sold in first-half 2009 for a total of ?117 million. The sales pricesrepresented an average yield of 6.3%, attesting to the excellent quality ofSFL`s assets. Capitalised work carried out in the first half of 2009 amounted to ?39.0million, including renovation and remodelling work on 247 rue Saint-Honoré, hometo the future Paris Mandarin Hotel, and on the Galerie des Champs-Elyséesshopping arcade.
