convertir la note en titres

English translation: securitize the note..

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
French term or phrase:convertir la note en titres
English translation:securitize the note..
Entered by: Talei Lakela (X)

19:52 Jul 2, 2013
French to English translations [PRO]
Bus/Financial - Business/Commerce (general) / this is a document in which money is being sought to refinance a company in order to increase its valuation with a view to selling it.
French term or phrase: convertir la note en titres
ce qui nous donnera la possibilité de convertir la note en titres

titres should be securities here, but what is "la note"?
Talei Lakela (X)
Germany
Local time: 20:36
securitize the note..
Explanation:
not much context, but likely that the note is a promissory note under a loan

States Fight Back Against MERS Mortgage Fraud | Washington's Blog
www.washingtonsblog.com/.../states-fight-back-against-mers-...
Apr 7, 2013 - The bank can sell the note and even securitize the note… no problem if the transaction maintains the integrity of the note. In the case of MERS ...
The Court Room | mycleartitle
mycleartitle.wordpress.com/the-court-room/‎
Did the Lender securitize the note? Did they separate the Note from the Deed of Trust? Did they file a 1099A with the IRS on the property? Was the Note fair ...
Re: compensating the backup lender - Redfin Real Estate Forums
forums.redfin.com/t5/forums/forumtopicprintpage/board-id/.../1‎
That was actually one of my concerns . . . that many local lenders hold servicing (have their name on the statement), but sell or securitize the note itself.
Selected response from:

Marian Greenfield
Local time: 14:36
Grading comment
thank you very much!
4 KudoZ points were awarded for this answer



Summary of answers provided
4securitize the note..
Marian Greenfield
Summary of reference entries provided
definition of "note"
AllegroTrans

Discussion entries: 1





  

Answers


5 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
securitize the note..


Explanation:
not much context, but likely that the note is a promissory note under a loan

States Fight Back Against MERS Mortgage Fraud | Washington's Blog
www.washingtonsblog.com/.../states-fight-back-against-mers-...
Apr 7, 2013 - The bank can sell the note and even securitize the note… no problem if the transaction maintains the integrity of the note. In the case of MERS ...
The Court Room | mycleartitle
mycleartitle.wordpress.com/the-court-room/‎
Did the Lender securitize the note? Did they separate the Note from the Deed of Trust? Did they file a 1099A with the IRS on the property? Was the Note fair ...
Re: compensating the backup lender - Redfin Real Estate Forums
forums.redfin.com/t5/forums/forumtopicprintpage/board-id/.../1‎
That was actually one of my concerns . . . that many local lenders hold servicing (have their name on the statement), but sell or securitize the note itself.

Marian Greenfield
Local time: 14:36
Does not meet criteria
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 57
Grading comment
thank you very much!
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Reference comments


3 hrs peer agreement (net): +1
Reference: definition of "note"

Reference information:
This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (August 2008)

In finance, a convertible bond, or convertible note, or a convertible debenture if it has a maturity of greater than 10 years, is a type of bond that the holder can convert into a specified number of shares of common stock in the issuing company or cash of equal value. It is a hybrid security with debt- and equity-like features. It originated in the mid-19th century, and was used by early speculators such as Jacob Little and Daniel Drew to counter market cornering.[1] Convertible bonds are most often issued by companies with a low credit rating and high growth potential.

To compensate for having additional value through the option to convert the bond to stock, a convertible bond typically has a coupon rate lower than that of similar, non-convertible debt. The investor receives the potential upside of conversion into equity while protecting downside with cash flow from the coupon payments and the return of principal upon maturity. These properties lead naturally to the idea of convertible arbitrage, where a long position in the convertible bond is balanced by a short position in the underlying equity.

From the issuer's perspective, the key benefit of raising money by selling convertible bonds is a reduced cash interest payment. The advantage for companies of issuing convertible bonds is that, if the bonds are converted to stocks, companies' debt vanishes. However, in exchange for the benefit of reduced interest payments, the value of shareholder's equity is reduced due to the stock dilution expected when bondholders convert their bonds into new shares.

AllegroTrans
United Kingdom
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Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 325

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agree  Daryo
1 day 11 hrs
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