Gallatin Point Capital
2 statements across 1 episodes · 2 bullish · 0 bearish · 1 people on the record · first statement Feb 25, 2019 by Matt Botein · said 5 times in 1 episodes since 2019 · across every show →
Mentions by year
brought up most by Ted Seides (3), Matt Botein (1)
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Everything said about Gallatin Point Capital, oldest first
Feb 25, 2019 positive
Gallatin Point structured prime student loan securitizations yielding LIBOR plus 700
“The average FICO of their loans was kind of seven 67 70, and had some interesting characteristics about non-dischargeability and bankruptcy. Low default rates through the crisis for this subset of student loans, and yet they price at, call it LIBOR plus 700. A…”
Feb 25, 2019 positive
Gallatin Point provided a $210M convertible preferred backstop for SPAC merger
“We ended up writing a variable-sized convertible preferred with warrant coverage, and so we were willing to put in up, and we brought in partners up to Two hundred and ten million dollars, but the company could reduce that amount to the extent that the SPAC mo…”