Sentences with phrase «at years of debt»

Not exact matches

The miner, under the leadership of Executive Chairman John Thornton, has focused for the past three years on reducing debt by more than 50 percent from the more than $ 13 billion it hit at the end of 2014 due to overpriced acquisitions and mine development, including Pascua - Lama.

According to the Institute of International Finance (IIF), global debt levels rose by a further $ 21 trillion last year (US dollars), leaving total outstanding debt at $ US237 trillion, the highest level on record.

Interest on the debt, at 9 % of annual budget spending, is now nearly half of what the province spends on each year on education and more than one - fifth of what's spent on healthcare.

But he points to a report from the Parliamentary Budget Officer released earlier this year showing that, since 2009, the debt service ratio — a measure of income spent to pay debt — has remained steady at around 14 per cent, not much higher than the long - term average.

One of my constant points on this blog for the last several years has been that households» refinancing of their mortgage debt at lower and lower rates has put more money in their pockets for spending and for paying down debt.

The interest rate on 10 - year bonds was 1.79 % at the end of 2014 — about half as much as the federal government had to offer to get investors to buy its debt a decade ago.

The company had a net loss of 10 million yuan (US$ 1.57 million) in the first half of last year, a bond default this year, and it has racked up debts of at least 3 billion yuan.

Debt to equity for the first quarter of 2018 was 199 % compared with 191 % at year - end 2017, and just below Ryder's long - term target range of 200 % to 250 %.

China's economy expanded at a steady 6.7 % in the third quarter and looks set to hit Beijing's full - year target, fueled by stronger government spending, record bank lending and a red - hot property market that are adding to its growing pile of debt.

In March 2018, SES secured an eight - year EUR 500 million Euro Bond at a low annual coupon of 1.625 % which allows SES to refinance an upcoming debt maturity at more favourable terms.

(Free cash flow on a per share basis is up 2 % year - over-year and stands at a strong $ 559 million for the quarter, despite a very high debt ratio of about 78 %.)

But the Vegas hotel fell into the hands of Onex, which separated the Strip property from its parent last year after strategically acquiring more than US$ 200 million of its debt — at discount prices.

The first is to purchase and install the needed equipment at a point during the year where additional volume warrants the expenditure, thereby assuring sufficient cash flow to handle the additional debt service or the outright purchase of the equipment.

The Organization for Economic Co-operation and Development (estimates the country's debt - to - GDP ratio (a measure of public debt burden) at around 190 % this year.

Essar Steel is among a dozen https://www.reuters.com/article/india-bankruptcy/indias-bhushan-essar-steel-amon g - 1 2 - f i r m s - b e i n g - m o v e d - t o - i n s o l v e n c y - c o u r t s - s o u r c e s - i d U S L 3 N 1 J D 3 3 F of India's biggest debt defaulters that were pushed into the bankruptcy court last year after a central bank order aimed at clearing record bad loans at the country's...

We've seen that before: The bill that averted a debt - ceiling crisis earlier this year — by temporarily suspending the borrowing limit — would have frozen Congressional pay if the House or Senate had failed to pass a budget by April 15 (lawmakers would have received their salaries anyway at the end of the current legislature).

The 200 - year - old business went into compulsory liquidation at 0600 GMT after costly contract delays and a slump in new business left it swamped by debt and pensions liabilities of at least 2.2 billion pounds ($ 3 billion).

«I'm really concerned that we're going to have a real collapse in Venezuela in oil production over the course of the next year,» which would in turn affect the government's ability to pay its debt, Rodriguez — who was head of the Venezuelan Congressional Budget Office from 2000 to 2004 — said at the AS / COA event.

Conservative finance critic Pierre Poilievre called the PBO's findings «damaging» for the government, citing the impact of larger deficits, higher debt payments and a carbon tax that he says will erase at least $ 10 billion per year from the national economy by 2022.

And for the first time since the final quarter of 2011, China's debt - to - GDP ratio didn't increase and stayed unchanged at 255.9 percent in the second quarter this year, latest data by the Bank for International Settlements showed.

At the University of Wisconsin's Business School in Madison, the average debt burden for graduating MBAs was $ 15,481, $ 106,889 less than Wharton's average, while the first - year median comp package was $ 114,694, just $ 31,609 below the median pay for a Wharton grad.

Dora Gicheva, an economist at the University of North Carolina, has found that for every $ 10,000 young people carried in student debt, the likelihood of getting married in the seven years following graduation dropped by some three or four percentage points.

Late last year, economists at CIBC said rising household debt was to be expected; Canadians «responded rationally to an era of very low interest rates.»

Lewis, fund's chief investment officer, spent nine years at Citigroup as a director of the bank's global special situations group, a $ 5 billion prop - trading group that specialized in distressed debt, high - yield bonds, and value equity.

Fitch and S&P joined DBRS at the end of 2017 in giving Portugal's debt an «investment grade» after years of considering it «junk.»

But more disturbing to me if you look at the debt that is being issued in the last two years back in 0» 6,»07 28 % of that debt was B rated.

The new finance chief of Spain also told CNBC that the southern European economy has been growing at a solid pace of about 3 percent in the last four years, but this doesn't mean that the problems raised during the euro zone sovereign debt crisis are over.

According to Statistics Canada, the ratio of household debt to disposable income stood at just under 150 % at the middle of this year.

Earlier today, the credit ratings agency Moody's noted that China's total debt has climbed to 280 % of gross domestic product, including China's state - owned company liabilities that totalled 115 % of GDP at the end of last year.

Skullcandy has reduced that amount outstanding to $ 7.3 million, but issued another $ 16.5 million in debt at the end of last year.

Martin would be left with billions of dollars in unallocated revenue at the end of each fiscal year, which was first used to narrow the budget deficit, and then went toward the debt.

Majority - owned by Softbank Group, Sprint (s) has spent much of the past year looking for ways to raise money at the lowest possible rates to cover looming debt maturities of its own.

TORONTO — A new report says the level of Canadian consumer debt at the end of 2012 — not counting mortgages — was up nearly six per cent from a year earlier.

At the end of last year the company had a total of $ 9.5 billion in long - term debt.

It was going to be a long two years before I finally became debt free at the end of 2016.

Should the economy manage to grow at close to its historical long - term average of 1pc a year, Greece's debt ratio would still top 100pc of GDP in three decades.

The latest cause for worry, as we write, is the warning by Standard & Poors that Italy's sovereign debt rating of A + is at risk (a one - in - three chance) of being downgraded in the next 2 years, due to doubts about the success of the government's debt - reduction program.

So now it's 2015, I'm 4 months from graduating college, I'm making 70k as a project manager (been working here for 2 months), putting 10 % of my income into my 401k (currently valued at 10k, & 50 % is matched by my employer, i'm at their max for matching), living at home with my parents, I have 3k in CD's, $ 26k in savings, and have no debt whatsoever (paying $ 8k per year for school in cash, so no student loans).

Ardagh, which has been manufacturing Dutch brewer Heineken's (HEIO.AS) iconic green beer bottles for over 25 years and also counts L'Oreal and Coca - Cola among its clients, has said it will use the proceeds of the IPO to pay down debt which stood at $ 7.2 billion or over five times its annual earnings last year.

NEW YORK — Auto loan originations are at the highest level in eight years and auto loan balances, which include leases, have increased for the 13th consecutive quarter, according to the Federal Reserve Bank of New York's Q2 2014 Household Debt and Credit report.

Total Funding Debt at the end of the second quarter of 2017 was $ 719 million, up 30 % over the prior year period and down 9 % sequentially, primarily reflecting the changes in Unpaid Principal Balance.

The Bank of Spain estimated the gross return on Spanish residential investment at 4.2 percent in 2017, almost triple the cumulative yield on 10 - year government debt.

To ensure the viability of his company, and to minimize the chances of raising another equity round, YADAC reaches out to a venture debt company to lend it $ 5 million at 15 % a year over three years.

At 5 Times Square, the Manhattan headquarters for Ernst & Young LLP, the owners are close to securing a five - year loan to pay off $ 1 billion in debt that comes due in March, according to Scott Rechler, chief executive officer of RXR Realty, which owns 49 percent of the building.

At some point, if these policies are inflationary, then the vigilantes or those that hold dollar reserves, such as China and Brazil and Mexico, they will be in the driver's seat in terms of longer - term Treasury debt, 10 years and 30 years Treasury debt in terms of their yield.

«That turned out to be wrong, as a painful process of balance - sheet deleveraging — reflecting excessive private - sector debt, and then its carryover to the public sector — implies that the recovery will remain, at best, below - trend for many years to come.»

An IMF report leaked to Reuters shows that Greece's public debt is likely to peak at 200 % of its national income within the next two years, with the risk that the actual outcome could be even worse.

Greek debt is set peak at close to 200 % of GDP in the next two years.

Ultimately, if you're struggling with your current payments or are at risk of defaulting and still have several years left on your loans, debt consolidation might be a good idea.

But longer - dated bonds fell over inflation fears; prices for 30 - year debt sank and fell most of the day for the benchmark 10 - year Treasury, though the latter turned moderately positive at day's end.