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Posts Tagged ‘ Silverleaf Resorts ’

Liberty Bank Increases and Extends Loan to Silverleaf Resorts

Feb 8th, 2012 | By Admin | Category: ALL NEWS HEADLINES, Finance, USA & Canada

Charlottesville, VA (February 8, 2012) — Wellington Financial, the exclusive Resort Finance lending correspondent for Liberty Bank, says the Connecticut-based bank recently expanded an existing receivables loan from $40 to $50 million for Silverleaf Resorts, a timeshare resort developer located in Dallas, Texas.
“Liberty Bank and Wellington Financial are excellent at partnering with us to successfully [...]



Silverleaf’s Timber Creek Resort, DeSoto, Missouri

Sep 26th, 2011 | By Admin | Category: Resorts and Destinations, USA & Canada

Missouri is the “Show-Me” state, a phrase relating to the state’s unofficial motto of “Show Me”. The origin of that phrase is popularly ascribed to an 1899 speech by Congressman Willard Vandiver, who declared that “I come from a country that raises corn and cotton, cockleburs and Democrats, and frothy eloquence neither convinces nor satisfies [...]



Silverleaf Resorts Shareholders Approve Merger Agreement

May 12th, 2011 | By Admin | Category: ALL NEWS HEADLINES, USA & Canada

DALLAS, TX (May 12,2011) — Silverleaf Resorts, Inc. (NASDAQ: SVLF) a leader in the development, marketing and operation of timeshare resorts, announced yesterday that its shareholders have approved Silverleaf’s merger with Resort Merger Sub Inc., an affiliate of Cerberus Capital Management, L.P.
The merger was approved by holders of 28,946,503 shares of Silverleaf’s outstanding common stock, [...]



Silverleaf Resorts, Inc. Reports Fourth Quarter and Annual 2010 Results

Mar 14th, 2011 | By Admin | Category: ALL NEWS HEADLINES, Finance, USA & Canada

DALLAS, TX (March 14, 2011) — Silverleaf Resorts, Inc. (NASDAQ: SVLF) has reported the following results for its fourth quarter and year ended December 31, 2010.
Financial highlights for the year ended December 31, 2010:

Gross Vacation Interval sales of $206.3 million
Net income of $5.8 million or diluted earnings per share of $0.15

Financial highlights for the quarter [...]



Silverleaf Resorts, Inc. to Be Acquired by an Affiliate of Cerberus Capital Management L.P.

Feb 4th, 2011 | By Admin | Category: ALL NEWS HEADLINES, Finance, USA & Canada

DALLAS, TX (February 4, 2011) — Silverleaf Resorts, Inc. (NASDAQ: SVLF), a leader in the development, marketing and operation of timeshare resorts, announced yesterday that it has entered into a definitive agreement to be acquired by SL Resort Holdings Inc., an affiliate of Cerberus Capital Management, L.P. (“Cerberus”).
The transaction has been approved by Silverleaf’s Board [...]



Silverleaf Resorts Announces New Consulting Arrangement with Brayfield

Dec 17th, 2010 | By Admin | Category: ALL NEWS HEADLINES, Finance, People, USA & Canada

DALLAS, TX (December 17, 2010) — Silverleaf Resorts, Inc. (NASDAQ: SVLF) announces that Sharon K. Brayfield, President – Owner Based Marketing and Sales Administration, will vacate that office effective December 31, 2010. Brayfield will continue as a consultant to Silverleaf. She has been associated with Silverleaf Resorts, Inc. for 29 years and will continue to [...]



Silverleaf Resorts, Inc. Reports Third Quarter 2010 Results

Nov 10th, 2010 | By Admin | Category: ALL NEWS HEADLINES, Finance, USA & Canada

DALLAS, TX (November 10, 2010) — Silverleaf Resorts, Inc. (NASDAQ: SVLF) has reported the following results for its third quarter ended September 30, 2010.
Financial highlights for the quarter ended September 30, 2010:

Net Income of $1.6 million or diluted earnings per share of $0.04
Vacation Interval sales of $53.2 million

2010 Third Quarter Results
Net income for the quarter [...]



Silverleaf Resorts Amends and Extends Revolving Credit Facility

Nov 3rd, 2010 | By Admin | Category: ALL NEWS HEADLINES, Finance, USA & Canada

DALLAS, TX (Nov 03, 2010) — Silverleaf Resorts, Inc. (nasdaqcm:SVLF) has announced the amendment of its consolidated receivables, inventory and acquisition revolving line of credit with Textron Financial Corporation (“Textron”). The maximum aggregate commitment under the facility, which is currently $75 million, will be $60 million effective January 31, 2011, $50 million effective July 31, [...]



Silverleaf Resorts, Inc. Reports Second Quarter 2010 Results

Aug 5th, 2010 | By Admin | Category: ALL NEWS HEADLINES, Finance, USA & Canada

DALLAS, TX (August 05, 2010) — Silverleaf Resorts, Inc. (SVL) has reported the following results for its second quarter ended June 30, 2010.
Financial highlights for the quarter ended June 30, 2010:

Net Income of $1.9 million or diluted earnings per share of $0.05
Vacation Interval sales of $55.2 million

2010 Second Quarter Results



Silverleaf Resorts Completes $151.5 Million Term Securitization

Jun 9th, 2010 | By Admin | Category: ALL NEWS HEADLINES, Finance, USA & Canada

DALLAS, TX (June 09, 2010) — Silverleaf Resorts, Inc. (NasdaqCM: SVLF) yesterday announced the completion of a term securitization through its newly-formed and fully consolidated special purpose finance subsidiary, Silverleaf Finance VII, LLC (“SF-VII”), a Delaware limited liability company. SF-VII was formed for the purpose of issuing approximately $151.5 million of its Timeshare Loan-Backed Notes [...]