It's not only that Beijing is telling them to do so, HNA seems to be severely strapped for cash to meet it's huge debt obligations, mostly to local Chinese banks, but
also bond holders.
Not exact matches
We are
also sceptical that
holders of high - yield
bonds would be motivated to switch into equities, given the pervasive overweight that already exists in this asset class,» he said.
Holders of these
bonds also locked in a coupon payment of 4 % per year for the next 30 years should investors choose to hold these
bonds to maturity.
We
also know that Ramapo has failed in its legal obligation to provide these
bond holders with its 2012 financials.
When a
bond is sold, an investor may
also recognize a capital loss if the sale proceeds (adjusted for selling costs) are less than the
holder's tax basis.
Amortizable
bond premium can
also result if a
holder purchases a
bond that was originally issued at a discount and the purchase price exceeds the issue price of the
bond plus any accrued OID on the
bond.
Because this CYM method is
also utilized for other purposes related to tax - exempt
bonds, including the treatment of premium and «market discount,» we will calculate the CYM on the above
bond to demonstrate how the
holder's basis is increased.
Also, the Greek precedence indicates that EU
bond holders can loose 75 % of their value, and can not be regarded as riskless assets.
The fact that the
holder of a bearer
bond need only submit certificates to the issuer's agent at the maturity date to anonymously cash them in for their face value might be expeditious, but it
also creates great risk for the legitimate owner.
Also, can you tell me how these are priced, if a current port authority
bond holder is now being paid 20 %, can the bondholder sell the
bond above face value?
However, there are
also financial
bonds that may
also hold the beneficiary to the policy
holder as well.
Mike Greeff, CEO of Greeff Christies International Real Estate, is
also optimistic on the effect on the market: «Any type of easing in interest rates will encourage individuals to get involved in the property sector, as well as bring relief for current
bond holders in that it will have two possible effects: it could either create additional disposable income in their budgets, or it will allow for a higher than required
bond repayment which can in essence take years off your
bond.»