News

January, 2002 -- Cedar Park, Texas-- McDonald Financial Corporation provides funding commitment to e-MDs.

June, 2001 -- Houston, Texas -- MFC announces the funding of a $230 million loan arranged by MFC which refinanced an existing hotel tower and funded the construction and permanent term of a second hotel tower for a 1,675 room Hyatt hotel.

December, 2000 -- Houston, Texas -- MFC structured and completed the sale of a portfolio of under-performing finance leases for Riverway Bank utilizing credit guarantees and reserves.

October, 1999 -- Houston, Texas -- MFC announces the completion of a $44 million long-term, fixed-rate bondable lease, which was funded prior to construction, providing both construction and permanent financing while complying with the newly issued accounting pronouncement, EITF 97-10. This lease provided Jacobs Engineering Group's with turnkey funding of its Houston regional headquarters.

June, 1997 -- Houston, Texas -- MFC is the first firm to successfully obtain an investment-grade transactional rating (BBB-) for a Mexico firm without any US support, despite Mexico's sovereign rating of BB.

May, 1997 -- Cuidad Juarez, Mexico -- MFC announces the completion of the first investment-grade rated bondable lease completed in Mexico. This $25 million transaction provides General Motors de Mexico with 100% funding of both the construction phase and permanent term of an office headquarters facility in Juarez, Mexico.

October, 1996 -- Ft. Worth, Texas -- MFC announces the completion of a long-term, fixed-rate bondable lease to fund the construction and permanent financing of a medical office building for Harris Methodist Health Systems, which was the first time that a bondable lease incorporated a guarantee of the lease from a national AAA rated bond issuer.

March, 1996 -- Houston, Texas -- MFC announces the completion of a long-term, fixed-rate synthetic lease to fund the total construction and related equipment of a warehouse for Sterling Electronics.

June, 1995 -- New Orleans, Louisiana -- MFC structured and arranged for a $45 million funding for Schwegmann Giant Supermarkets which enabled them to complete an acquisition of a key competitor.

September, 1994 -- New Orleans, Louisiana -- MFC announces the completion of the first private placement bond financing in which a portfolio of ground leases was transformed into an investment-grade offering. This non-recourse financing exceeded traditional real estate loan-to-value limitations and provided a long-term, fixed interest rate well below standard real estate loans.