Posts Tagged ‘Term’

Fitch Expects to Rate Ocwen Financial Corp’s New Senior Secured Term Loan ‘BB-’; Outlook Stable

Fitch Expects to Rate Ocwen Financial Corp’s New Senior Secured Term Loan ‘BB-’; Outlook Stable
NEW YORK—-Fitch Ratings expects to assign a ‘BB-’ rating to Ocwen Financial Corp’s $350 million Senior Secured facility maturing in 2015. Proceeds from the new loan facility are expected to be used to replace the bridge financing to be used to fund Ocwen’s purchase of the HomEq Servicing portfolio and as additional acquisition financing.

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Fitch Affirms Mackinaw Power’s Sr Bonds at ‘BBB-’ & Mackinaw Power Holdings’ Term Loan at ‘BB-’

Fitch Affirms Mackinaw Power’s Sr Bonds at ‘BBB-’ & Mackinaw Power Holdings’ Term Loan at ‘BB-’
CHICAGO—-Fitch Ratings affirms the ‘BBB-’ rating on Mackinaw Power, LLC’s $288.9 million senior secured bonds , and affirms the ‘BB-’ rating on Mackinaw Power Holdings, LLC’s $147 million senior secured term loan .

Read more on Business Wire via Yahoo! Finance

When budgeting my pay check, how much should I put away into vacation and long term savings?

I’m looking for a percent that I should put away from each check. My expenses are limited… $183 toward car payment /month, $40 for the gym /month, $60 for the phone bill /month. I get paid around $800 post-tax every two weeks. I am looking to save for two seperate things. One is for vacations the other amount I would like to put away just to start a savings account. I appreciate any sincere answers…I just graduated college, this is my first job with a steady pay check and I want to be smart about my money! Thank you!

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