B F C Financial Cp B (BFCFB) 2.9000 $BFCFB
Bluegreen Corporation Completes $117.8 Million Securitization of Vacation Ownership Receivables
Marketwired - Mon Feb 02, 7:20AM CST
Bluegreen Corporation ("Bluegreen Vacations" or "Bluegreen"
, a sales, marketing and management company focused on the vacation ownership industry, today announced it has completed a securitization involving the issuance of $117.8 million of investment-grade rated securities. The issuance was completed through BXG Receivables Note Trust 2015-A and is comprised of $89.4 million of A rated vacation ownership loan backed notes and $28.4 million of BBB-/BBB rated vacation ownership loan backed notes. The notes have interest rates of 2.88% and 3.47% respectively, for an overall weighted average interest rate of 3.02%. The gross advance rate for this transaction was 94.25%. BB&T Capital Markets, a division of BB&T Securities, LLC, served as structuring agent, joint book runner and co-lead manager on the transaction, while Barclays Capital Inc. served as joint book runner and co-lead manager.
BBX: 14.29 (-0.23)
BFC Financial Corporation Approves the Appointment of Raymond S. Lopez as Chief Financial Officer
Marketwired - Thu Jan 08, 7:25AM CST
BFC Financial Corporation ("BFC" or the "Company" (OTCQB: BFCF) (OTCQB: BFCFB) , today announced that its Board of Directors has approved the appointment of Raymond S. Lopez as Chief Financial Officer and Chief Accounting Officer of the Company, effective on the first business day following the filing of the Company's Annual Report on Form 10-K for the year ended December 31, 2014. Mr. Lopez will succeed John K. Grelle, who will retire after serving as the Company's Chief Financial Officer since 2008. Mr. Grelle's pending retirement was anticipated by the employment agreement he entered into with the Company in November 2012.
BBX: 14.29 (-0.23)
BBX Capital Corporation Approves the Appointment of Raymond S. Lopez as Chief Financial Officer
Marketwired - Thu Jan 08, 7:25AM CST
BBX Capital Corporation ("BBX Capital" and/or the "Company" (NYSE: BBX), today announced that its Board of Directors has approved the appointment of Raymond S. Lopez as Chief Financial Officer of the Company, effective on the first business day following the filing of the Company's Annual Report on Form 10-K for the year ended December 31, 2014. Mr. Lopez will succeed John K. Grelle, who will retire after serving as the Company's Chief Financial Officer since 2012. Mr. Grelle's pending retirement was anticipated by the employment agreement he entered into with the Company in November 2012.
BBX: 14.29 (-0.23)
BBX Capital Provides Statement on Verdict; BFC Financial and BBX Capital Announce Termination of Merger Agreement
Marketwired - Mon Dec 15, 6:42PM CST
BBX Capital Corporation ("BBX Capital" or the "Company" (NYSE: BBX), announced today that, following a six week trial in federal court in Miami, a jury rendered a split decision in a federal securities case brought against BBX and its Chairman, Alan Levan. The issues in the case arose out of loan losses reported by BankAtlantic in October 2007, driven by the dramatic collapse of the Florida real estate market.
BBX: 14.29 (-0.23)
BFC Financial Corporation and BBX Capital Announce Dismissal of Merger Litigation
Marketwired - Mon Nov 10, 6:29AM CST
BFC Financial Corporation ("BFC" (OTCQB: BFCF) (OTCQB: BFCFB) and BBX Capital Corporation ("BBX Capital" (NYSE: BBX), formerly BankAtlantic Bancorp, Inc., announced the dismissal with prejudice of the In Re: BBX Capital Corporation Litigation. This litigation, a purported class action against BFC, BBX Capital and the members of BBX Capital's Board of Directors, was brought challenging the fairness of the proposed merger between BFC and BBX Capital and seeking an injunction to block the transaction. The Circuit Court of the 17th Judicial Circuit for Broward County, Florida denied plaintiff's motion for class certification and dismissed the case with prejudice on November 5, 2014. Approximately 97% of the BBX Capital shareholders and 86% of the minority shareholders represented at the shareholders' meeting to approve the transaction voted in favor of the merger.
BBX: 14.29 (-0.23)
BFC Financial Corporation Reports Financial Results for the Third Quarter, 2014
Marketwired - Fri Oct 31, 10:01PM CDT
BFC Financial Corporation ("BFC" or the "Company" (OTCQB: BFCF) (OTCQB: BFCFB) reported financial results for the three and nine month periods ended September 30, 2014.
BBX: 14.29 (-0.23)
BBX Capital Corporation Reports Financial Results for the Third Quarter, 2014
Marketwired - Fri Oct 31, 10:00PM CDT
BBX Capital Corporation ("BBX Capital" or the "Company" (NYSE: BBX), formerly BankAtlantic Bancorp, Inc., reported financial results for the three and nine month periods ended September 30, 2014.
BBX: 14.29 (-0.23)
Bluegreen Vacations to Expand the Club at Big Bear Village Through Fee-Based Service Arrangement
Marketwire - Tue Sep 09, 8:12AM CDT
BFC Financial Corporation (OTCQB: BFCF) and BBX Capital Corporation (NYSE: BBX) announced that Bluegreen Corporation ("Bluegreen Vacations" , a sales, marketing and management company focused on the vacation ownership industry which is owned by BFC and BBX, has entered into agreements relating to the development of timeshare units at Big Bear Village.
BBX: 14.29 (-0.23)
BFC Financial Corporation Reports Financial Results for the Second Quarter, 2014
Marketwire - Tue Aug 05, 7:47AM CDT
BFC Financial Corporation ("BFC" or the "Company" (OTCQB: BFCF) (OTCQB: BFCFB) reported financial results for the three and six month periods ended June 30, 2014.
BBX: 14.29 (-0.23)
Bluegreen Corporation Completes $117.8 Million Securitization of Vacation Ownership Receivables
Marketwired - Mon Feb 02, 7:20AM CST
Bluegreen Corporation ("Bluegreen Vacations" or "Bluegreen"
, a sales, marketing and management company focused on the vacation ownership industry, today announced it has completed a securitization involving the issuance of $117.8 million of investment-grade rated securities. The issuance was completed through BXG Receivables Note Trust 2015-A and is comprised of $89.4 million of A rated vacation ownership loan backed notes and $28.4 million of BBB-/BBB rated vacation ownership loan backed notes. The notes have interest rates of 2.88% and 3.47% respectively, for an overall weighted average interest rate of 3.02%. The gross advance rate for this transaction was 94.25%. BB&T Capital Markets, a division of BB&T Securities, LLC, served as structuring agent, joint book runner and co-lead manager on the transaction, while Barclays Capital Inc. served as joint book runner and co-lead manager. BBX: 14.29 (-0.23)
BFC Financial Corporation Approves the Appointment of Raymond S. Lopez as Chief Financial Officer
Marketwired - Thu Jan 08, 7:25AM CST
BFC Financial Corporation ("BFC" or the "Company"
(OTCQB: BFCF) (OTCQB: BFCFB) , today announced that its Board of Directors has approved the appointment of Raymond S. Lopez as Chief Financial Officer and Chief Accounting Officer of the Company, effective on the first business day following the filing of the Company's Annual Report on Form 10-K for the year ended December 31, 2014. Mr. Lopez will succeed John K. Grelle, who will retire after serving as the Company's Chief Financial Officer since 2008. Mr. Grelle's pending retirement was anticipated by the employment agreement he entered into with the Company in November 2012. BBX: 14.29 (-0.23)
BBX Capital Corporation Approves the Appointment of Raymond S. Lopez as Chief Financial Officer
Marketwired - Thu Jan 08, 7:25AM CST
BBX Capital Corporation ("BBX Capital" and/or the "Company"
(NYSE: BBX), today announced that its Board of Directors has approved the appointment of Raymond S. Lopez as Chief Financial Officer of the Company, effective on the first business day following the filing of the Company's Annual Report on Form 10-K for the year ended December 31, 2014. Mr. Lopez will succeed John K. Grelle, who will retire after serving as the Company's Chief Financial Officer since 2012. Mr. Grelle's pending retirement was anticipated by the employment agreement he entered into with the Company in November 2012. BBX: 14.29 (-0.23)
BBX Capital Provides Statement on Verdict; BFC Financial and BBX Capital Announce Termination of Merger Agreement
Marketwired - Mon Dec 15, 6:42PM CST
BBX Capital Corporation ("BBX Capital" or the "Company"
(NYSE: BBX), announced today that, following a six week trial in federal court in Miami, a jury rendered a split decision in a federal securities case brought against BBX and its Chairman, Alan Levan. The issues in the case arose out of loan losses reported by BankAtlantic in October 2007, driven by the dramatic collapse of the Florida real estate market. BBX: 14.29 (-0.23)
BFC Financial Corporation and BBX Capital Announce Dismissal of Merger Litigation
Marketwired - Mon Nov 10, 6:29AM CST
BFC Financial Corporation ("BFC"
(OTCQB: BFCF) (OTCQB: BFCFB) and BBX Capital Corporation ("BBX Capital" (NYSE: BBX), formerly BankAtlantic Bancorp, Inc., announced the dismissal with prejudice of the In Re: BBX Capital Corporation Litigation. This litigation, a purported class action against BFC, BBX Capital and the members of BBX Capital's Board of Directors, was brought challenging the fairness of the proposed merger between BFC and BBX Capital and seeking an injunction to block the transaction. The Circuit Court of the 17th Judicial Circuit for Broward County, Florida denied plaintiff's motion for class certification and dismissed the case with prejudice on November 5, 2014. Approximately 97% of the BBX Capital shareholders and 86% of the minority shareholders represented at the shareholders' meeting to approve the transaction voted in favor of the merger. BBX: 14.29 (-0.23)
BFC Financial Corporation Reports Financial Results for the Third Quarter, 2014
Marketwired - Fri Oct 31, 10:01PM CDT
BFC Financial Corporation ("BFC" or the "Company"
(OTCQB: BFCF) (OTCQB: BFCFB) reported financial results for the three and nine month periods ended September 30, 2014. BBX: 14.29 (-0.23)
BBX Capital Corporation Reports Financial Results for the Third Quarter, 2014
Marketwired - Fri Oct 31, 10:00PM CDT
BBX Capital Corporation ("BBX Capital" or the "Company"
(NYSE: BBX), formerly BankAtlantic Bancorp, Inc., reported financial results for the three and nine month periods ended September 30, 2014. BBX: 14.29 (-0.23)
Bluegreen Vacations to Expand the Club at Big Bear Village Through Fee-Based Service Arrangement
Marketwire - Tue Sep 09, 8:12AM CDT
BFC Financial Corporation (OTCQB: BFCF) and BBX Capital Corporation (NYSE: BBX) announced that Bluegreen Corporation ("Bluegreen Vacations"
, a sales, marketing and management company focused on the vacation ownership industry which is owned by BFC and BBX, has entered into agreements relating to the development of timeshare units at Big Bear Village. BBX: 14.29 (-0.23)
BFC Financial Corporation Reports Financial Results for the Second Quarter, 2014
Marketwire - Tue Aug 05, 7:47AM CDT
BFC Financial Corporation ("BFC" or the "Company"
(OTCQB: BFCF) (OTCQB: BFCFB) reported financial results for the three and six month periods ended June 30, 2014. BBX: 14.29 (-0.23)
