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Q: Loan question! ( Answered 5 out of 5 stars,   0 Comments )
Question  
Subject: Loan question!
Category: Business and Money
Asked by: shoaib-ga
List Price: $2.00
Posted: 19 Aug 2003 15:33 PDT
Expires: 18 Sep 2003 15:33 PDT
Question ID: 246625
In  the  'private equity'  webpage  of the Credit  Suisse  Investment 
bank  or  www.csfb.com  the  following sentence  has  been  written:

 Credit  Suisse  First  Boston's  private  equity  providers  
"rapidly execute highly sophisticated and often creative financial
transactions",  I  want  to  know  that  what  is  the  'meaning'  of 
that  mentioned  sentence?
Answer  
Subject: Re: Loan question!
Answered By: wonko-ga on 15 Sep 2003 16:28 PDT
Rated:5 out of 5 stars
 
The meaning of the sentence is that Credit Suisse First Boston can
assist companies meet particular financial needs with financial
instruments that are highly customized and potentially more unusual
than traditional stocks, bonds, and bank loans.  Some examples could
include instruments that hedge against a particular risk unique to
that company, such as a weather-related phenomena.  Hybrid instruments
such as convertible bonds are also possibility, along with a wide
variety of derivatives (instruments that track securities or markets
that are "invented" for a particular company's situation).

The sentence indicates that the company is able to quickly assess a
company's financial needs and create and sell a particular instrument
to meet that company's needs.

Please request clarification needed.

Sincerely,

Wonko

Request for Answer Clarification by shoaib-ga on 20 Sep 2003 19:53 PDT
Wonka researcher  please  note that  beautiful  and  excellent  
answer  has  been  provided  by  you  but  I  need  a  little  more 
clarification of  your  answer and  please  also  note  that  I  am 
responding  a  little  late  but  I  hope  that  I  shall  receive 
the  answer from  you.

Wonka  researcher  I  want  to  know  that if  a borrower  places  the
 following  conditions  for  mortgage  loan  i.e.  the  Credit  Suisse
 investment  bank  should    not   charge  points  for   property 
mortgage  loan   and  it   should  also  not  charge  any  application
 fees for  processing  of  property  mortgage  loan  and  the  equity 
providers  of  Credit  Suisse  investment  bank  should  pay   for 
"all"  the  property  closing   costs  or   purchasing   costs, then  
in  this  situation  the  Credit  Suisse  investment  bank   and  its 
 equity  providers  shall   be  able  to  process  the  property  
mortgage  loan?

After  receiving  your  answer  I  shall  give   *****  rating  to 
your  answer   and   thanks  for  that   from  Shoaib.

Request for Answer Clarification by shoaib-ga on 20 Sep 2003 20:00 PDT
Wonka researcher  please  note that  beautiful  and  excellent  
answer  has  been  provided  by  you  but  I  need  a  little  more 
clarification of  your  answer and  please  also  note  that  I  am 
responding  a  little  late  but  I  hope  that  I  shall  receive 
the  answer from  you.
 
Wonka  researcher  I  want  to  know  that if  a borrower  places  the
 following  conditions  for  mortgage  loan  i.e.  the  Credit  Suisse
 investment  bank  should    not   charge  points  from  borrower  for
  property
mortgage  loan   and  it   should  also  not  charge  any  application
 fees  from   borrower  for  processing  of  property  mortgage  loan 
and  the  equity
providers  of  Credit  Suisse  investment  bank  should  pay   for 
"all"  the  property  closing   costs  or   purchasing   costs, then
in  this  situation  the  Credit  Suisse  investment  bank   and  its
 equity  providers  shall   be  able  to  process  the  property  
mortgage  loan?
 
After  receiving  your  answer  I  shall  give   *****  rating  to 
your  answer   and   thanks  for  that   from  Shoaib.

Clarification of Answer by wonko-ga on 22 Sep 2003 12:18 PDT
Such detailed transaction terms would almost certainly have to be
negotiated directly with a representative of Credit Suisse First
Boston.

I am sorry I cannot provide you with the requested information.  I
suggest that you contact them directly with the details of your
proposed transaction and preferred terms.

Sincerely,

Wonko

Request for Answer Clarification by shoaib-ga on 24 Dec 2003 12:22 PST
Hello  Wonko  researcher  and  please  note  that I  shall 
immediately  contact  Credit  Suisse  First  Boston  investment  bank 
for  mortgage  loan  after  receiving  a  little  clarification  of 
the  answer  you  have  provided  above.  Wonko  researcher  you  have
 told  above  that  "the Credit  Suisse  First  Boston   investment  
bank   is able to quickly assess a
company's financial needs and create and sell a particular instrument
to meet that company's needs", so   it  means  that  the  equity  
providers  of  the  Credit  Suisse  First  Boston   investment  bank  
can  fulfill  "ANY"  of  the  financial   requirements  of  the 
borrower  no  matter  how  demanding  are   those  financial  
requirements,  so  therefore   I  want  to  know  that  mentioned  
statement  of  me  is  correct?  Please   provide  a  clarification 
of  that  and  many  thanks  for  your  help  for  that  from  Shoaib.

Clarification of Answer by wonko-ga on 25 Dec 2003 13:23 PST
I am hesitant to say that they could handle absolutely anything, but a
reasonable interpretation of their statement is that they, or a
combination of themselves and partners, could deal with a wide range
of proposed financial transactions, including ones that are unusual.

Wonko

Request for Answer Clarification by shoaib-ga on 24 Mar 2004 17:03 PST
Hello  Wonko  researcher  I  hope  you  would  be fine  and  please 
take  a  little  of  your  time  and  provide  to  me  a  little  more
 clarification  of  your   beautiful  answer.   Wonko  researcher  you
 have  indicated  above  that  equity   funding   sources   of  Credit
 Suisse  First  Boston  international  investment  bank  can  handle 
those   transactions  which  are  "unusual"  so  it  means  that  its 
equity   funding  sources  can  handle  or  process  "NON-CONFORMING" 
 equity   loans  so  as  to  raise   cash   to  pay   for   "all  or 
any"  of  the  property   purchasing   costs  so  as  to  'totally 
complete'  the  property   transaction   process.  Please  provide 
"clarification"  to  my  statement  and  many  thanks  for  that  from
 Shoaib.   After  receiving   your  answer  I  shall  give  ***** 
rating   to  your  answer.

Clarification of Answer by wonko-ga on 24 Mar 2004 19:49 PST
Possibly.  However, only a representative of Credit Suisse First
Boston could confirm this based on the specific details of your
proposed transaction.

Sincerely,

Wonko

Request for Answer Clarification by shoaib-ga on 28 Sep 2004 06:36 PDT
Wonko  researcher  please  provide  a  little  clarification  of  your
 answer.   You  have indicated  above  that  Equity   providers  of  
Credit  Suisse  investment  bank  can  provide  "non-conforming 
Equity  loan"   so  it  means  that   the  investors  of  Credit 
Suisse  investment  bank   can   also  "100%  loan-to-value- mortgage 
loan"  for  purchase  of  real  estate  in  Europe  please  provide 
"clarification"  of  that  mentioned  statement and  I hope  it  would
not  cause  inconvenience  to  you ??  Many thanks  for  your  help
from Shoaib.
shoaib-ga rated this answer:5 out of 5 stars
Wonko  researcher please accept great thanks for your excellent and
beautiful answer.

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