Sentences with phrase «restructures debt themeparkuniversity»

Bankruptcy is a judgment from a court that removes or restructures your debt.

On the other hand, Chapter 13 bankruptcy restructures your debt and gives you a period of three to five years to completely repay your lenders - but has many added protections for your as a borrower.

Smith works in sales for a company that restructures debt, but since receiving his first SI subscription at 13 from his grandmother, getting covers signed has been what he really does.

S&P said in March a rupiah exchange rate of 15,000 a dollar is «the psychological level» at which companies with weak balance - sheets could struggle with repayments and those with good cashflow might start to proactively restructure their debt.

In some cases, these retailers were able to come to an agreement with their creditors and restructure their debts without going through bankruptcy court, as the threat of bankruptcy motivates the creditors to negotiate.

• Southeastern Grocers LLC, the Florida - based operator of supermarket chains Winn - Dixie and Bi-Lo, filed for Chapter 11 bankruptcy protection to restructure debt, according to Reuters.

A large share of Italian debt issued under domestic legislation does not have any contract terms and is regulated by an Italian law that gives the Italian Treasury ample latitude to restructure the debt... The composition of Italian public, however, is changing rapidly because in January 2013, Eurozone members started issuing bonds with standardized contract terms.

The three bailed - out countries, Greece, Ireland and, soon, Portugal, are all going to have to restructure debt.

Fewer than 20 % said shoring up balance sheets and restructuring debt are priorities.

Despite the cliché that Italians are living la dolce vita, Italy has been hit hard but the 2008 economic recession and has had to restructure its debt and pension obligations to government workers in order to receive bailouts from the EU.

The commodity exporter will begin a roadshow this week to market a $ 2.5 billion Eurobond issuance to restructure debt and support the government's 2018 budget, a senior government official said.

Sovereign debt crises tend to be messy and drawn - out — as Greece has shown — because the world lacks a global bankruptcy process to restructure debts that governments can't pay.

March 27 - Southeastern Grocers LLC, the Florida - based operator of supermarket chains Winn - Dixie and Bi-Lo, said on Tuesday it filed for Chapter 11 bankruptcy protection to restructure debt.

The news comes just days after Bloomberg News reported that the one - time toy selling giant had been unable to find a buyer in bankruptcy court or restructure its debt, and that it was preparing to liquidate its U.S. business.

OFFSHORE investors are targeting the assets of distressed property investment funds, while listed developers have restructured their debt and are ready to chase bargains in Perth's residential development land market, new research shows.

Local efforts by GDB and other Puerto Rican debt issuers to reach a debt restructuring are running in parallel with plans in the U.S. Congress to draft legislation aimed at solving the island's economic crisis, possibly by allowing it to restructure debt and putting its finances under federal oversight.

So it needs to restructure its debts, and creditors are going to get their heads handed to them, and a bankruptcy filing is now the chosen mechanism by which to do this.

Fresh loans and restructured debts postponed the Greek dilemma but the durability of the Euro currency is in question.

The company suspended trading this month on more than $ 2 billion worth of bonds and said it would seek to restructure its debt.

On Thursday, the utility filed a petition before the island's energy regulator for a new securitization charge, which would pay for the restructured debt following a planned bond exchange.

To compound this problem, mall owners are now starting to mail in the keys to financially troubled malls: More mall landlords are choosing to walk away from struggling properties, leaving creditors in the lurch and posing a threat to the values of nearby real estate... [as] some of the largest U.S. landlords are calculating it is more advantageous to hand over ownership to lenders than to attempt to restructure debts on properties with darkening outlooks (LINK).

The chain, which filed for bankruptcy protection, has been unable to find a buyer or restructure its debt, but is still a major retailer of toys.

The deal had to be partially unwound and Schaeffler has been restructuring its debt ever since.

This is a «prepackaged» bankruptcy filing where the company has reached an agreement with its creditors — which include PE firms Elliott Management, Monarch Alternative Capital LP, and Apollo Global Management — to restructure its debt, meaning that ownership will be transferred to creditors in exchange for some of the debt.

European banks have been preoccupied with shrinking their balance sheets and restructuring debt in preparation for a new round of stress tests at the hands of their newly empowered schoolmaster, the European Central Bank.

Complicating the commonwealth's road to recovery is the fact that U.S. territories have no mechanism for restructuring debt.

Restructured debt backed by Treasuries and issued by emerging market countries after defaulting on original loans.

Casino operator Harrah's Entertainment Inc. is restructuring debt to stave off default....

You're going to have to restructure debt.

This is where the insolvent debtor restructures the debts it owes to creditors, according to a rehabilitation plan, while the company continues its operations.

And unlike Detroit, which was able to file under Chapter 9 of the U.S. bankruptcy code, there's no court process under which Puerto Rico can restructure its debts — unless Congress changes the law.

A report on Puerto Rico's financial problems by former International Monetary Fund economists, published by the territory's Government Development Bank on June 29, suggested the U.S. territory reform its labor markets and other areas to improve competitiveness and potentially restructure its debts.

Lower debt costs are helping Dubai restructure its debt in an orderly fashion, he says.

Given the upward trajectory in borrowing costs, Thin says, Portugal and Ireland will also likely have to restructure their debt.

Numerous large Turkish companies have sought to restructure their debts.

Financial records prove this; bonds issued, lower debt payments, restructure debt, stock price increase, yet not much funds available?

But the government in Kiev needs meaningful help from Brussels to restructure its debts, to prevent oligarchs from washing money in Western banks, to protect poor citizens from the harsh implications of reforms, and to enhance the rule of law and institutions of civil society.

Republicans suggest restructuring debt, increasing the estimate of sales taxes expected to be collected next year and adopting cost - saving measures proposed by the county's financial control board, the Nassau Interim Finance Authority.

But in October, the De Blasio administration announced that they'd help staunch that loss by committing $ 250 million to preserve 15,000 units by working with owners to implement repairs and restructure debts.

State Senator Espaillat and Mark - Viverito were advocating for the federal government to allow Puerto Rico to restructure its debt, provide additional funding to the territory and restore key cuts to its healthcare programs.

Then you holdout — refuse to negotiate a reduction in the value of the bond when the country tries to restructure its debt.

Tenney says the Chapter 11 filing is solely for restructuring debt to equity.

«I have, and will continue to, push for federal legislation that would allow the commonwealth of Puerto Rico to declare bankruptcy and restructure its debt,» said Bronx Borough President Ruben Diaz Jr..

The Puerto Rican government says it needs to restructure its debt or receive federal help within the next year if it is to remain solvent.

On Sunday, Espaillat called for the federal government to allow Puerto Rico to restructure its debt, provide it with more funding and restore cuts to its healthcare programs.

As indicated in the Mid-Year Fiscal Policy Review, Mr Ofori - Atta said government planned to restructure the debt of the energy sector SOEs by leveraging the Energy Debt Recovery Levy component of the ESLA.

«Remington has reassured our office that the Chapter 11 filing is solely for the purpose of restructuring debt to equity,» she said in a statement Monday.

Franklin Templeton is separately challenging a new law in Puerto Rico allowing some troubled public agencies to restructure their debt, saying it violates the U.S. Constitution.

Lawmakers amended Mangano's $ 2.98 billion budget to remove the tax hike, replacing the revenue through measures to restructure debt and use bond premiums.

The school faces a budget crisis that requires it to restructure its debt and cut its operating budget by $ 10 million.