Sentences with phrase «chassix debtholders»

Under the deal second lien debtholders will get $ 1.18 billion while CNOOC assumes first - lien notes for $ 825 million.

The Canadian stores will remain open, and the profits will remain in Canada and reinvested in the business instead of being extracted out by its U.S. parent in order to pay debtholders.

In her memo, Uhrman writes: «Given our debtholder's timeline, the process will be quick.

During that time, the group reached out to more than 100 potential investors, and while five expressed interest in taking over the company, ultimately no deal emerged that satisfied debtholders.

That's likely because any restructuring deal that could conceivably return the company to health required such a massive write - down in debt that debtholders hoped to get more of their money back by simply selling off the company's assets.

The Detroit Free Press reported that nearly 70,000 of the city's 170,000 debtholders are allowed to vote on the blueprint, seen as...

Prior to a tender / consent going public, Morrow Sodali can identify debtholders in a discreet manner and provide our clients and their advisors with an accurate depiction of the institutional profile.

FriendFinder Networks Inc. intends to use the net proceeds of the public offering to redeem a portion of its outstanding senior secured indebtedness and to pay waiver fees to certain debtholders.

In the unlikely event that Citigroup goes under, my balanced mandates will stand in line with the other unsecured debtholders of Citigroup to receive payment.

Usually those are held by the equityholders (or management, who sometimes act in their own interest, not that of the shareholders), and senior or secured debtholders.

Common stockholders should view statements differently than preferred stockholders who should view statements differently than junior debtholders who should view statements differently than senior debtholders.

Solvent nations should not bail out bankrupt nations, but instead, bail out local financial institutions with assets from bankrupt nations the right way — wipe out common and preferred shareholders, and junior debtholders, and make senior debtholders take a haircut.

Bankruptcies are rare, but when they happen, recoveries are poor for common stockholders and holding company debtholders.

I'll throw this out as my next prediction in this space: they both go into conservation, and in runoff, claimants get paid off, senior debtholders get nicked, subordinated debtholders lose a lot, and the equity is a zonk.

With forbearance, responsibility for paying accruing interest continues but debtholders will have their monthly loan payments either temporarily reduced or suspended due to certain financial hardships.

In other words, these debtholders have problems paying back their loans.

After senior creditors have been paid, subordinated debtholders will receive payment if anything is left.

Debt is cheaper than equity, given debtholders are paid first in the hierarchy of a hypothetical liquidation bankruptcy scenario.

Convertible bonds — Under certain conditions, a debtholder can convert a bond to a certain number of shares of the issuer's common stock.

This means debtholders hold less risk relative to stockholders within the same company and therefore demand less of a return on their capital.

But depositors and senior debtholders should be guaranteed, in order to protect other financial institutions that invest in those instruments, thus avoiding contagion effects.

1) How to do a bank / financial bailout: a) wipe out common and preferred equity and the subordinated debt (and offer some warrants to the debtholders).

Kerkorian's stake would be wiped out in a bankruptcy filing, which gives secured debtholders priority over stockholders in relation to assets.

The Turnaround Management Association (TMA) selected Chassix Holdings Inc. as its 2016 Turnaround of the Year «Mega Company» winner and, in that connection, recognized Andy and Alice Belisle Eaton for their work on behalf of certain Chassix debtholders.

Andy was also recognized by TMA for his work representing certain debtholders in transactions involving DeepOcean Group (f / k / a Trico Marine Group), the 2012 Turnaround of the Year «International Company» winner.

The debtholder is the person or entity that is owed the money.