Australian firm buys Lord Securities

October 05, 2005, 12:00 a.m. EDT 1 Min Read

Computershare Limited purchased SPV administrator Lord Securities last week for $12.4 million in cash plus a maximum additional payment of $3.1 million, should certain incentives be achieved.Australia-based Computershare specializes in share registration, employee equity plans, proxy solicitation and other financial and communication services. Lord will maintain its New York-based offices and its 20-person workforce will not change as a result of the purchase. Managing Directors Benjamin Abedineand Orlando Figueroa will continue running the firm.

For reprint and licensing requests for this article, click here.

TRENDING

Securitization

Janus, Guardian's $45 billion partnership to push fixed-income product innovation

Guardian's contribution includes up to $400 million of seed capital that Janus Henderson will invest in securitized credit and active fixed-income product innovation.

By Amilda Dymi

3h ago
Prime auto ABS

Honda Auto Receivables raises at least $1.7 billion in ABS

The deal can be upsized to $2 billion, and the transaction will repay principal sequentially, growing non-declining enhancement as the notes amortize.

By Donna M. Mitchell

10h ago
Fixed income

U.S. Treasuries gain as traders eye Inflation for clues on Fed

Focus is now on Tuesday's inflation data for any signs of a pickup in price pressures. The report will be the first to show tariff-related costs.

By Liz Capo McCormick

May 13

MORE FROM ASSET SECURITIZATION REPORT

Securitization

Janus, Guardian's $45 billion partnership to push fixed-income product innovation

Guardian's contribution includes up to $400 million of seed capital that Janus Henderson will invest in securitized credit and active fixed-income product innovation.

By Amilda Dymi

3h ago
Prime auto ABS

Honda Auto Receivables raises at least $1.7 billion in ABS

The deal can be upsized to $2 billion, and the transaction will repay principal sequentially, growing non-declining enhancement as the notes amortize.

By Donna M. Mitchell

10h ago
Inflation

CPI inflation continues to trend down despite tariff rollout

Price growth continued to trend toward the Federal Reserve's 2% target, but not enough to spur action from the central bank.

By Kyle Campbell

May 13
Esoteric ABS

Cherry Securitization floats $300 million from loans on elective medical procedures

The dental and medical spa industries accounted for 60.1% and 26.0% of the deal's balance.

By Donna M. Mitchell

May 12
CLOs

AGL Credit completes 10 CLOs at historically tight AAAs

Industry diversification and strong borrower financials bode well for CLO prospects in uncertain times.

May 12
Tariffs

Fed's Kugler: Tariffs present stagflation-like pressure

Federal Reserve Gov. Adriana Kugler said in a speech in Dublin that trade barriers could soon affect prices and slow down growth while increasing uncertainty in 2025.

By Ebrima Santos Sanneh

May 12