Municipal issuers have a key role to play in terms of: • Low - carbon technologies • Pollution control • Climate adaptation, such as disaster prevention and
recovery We will seek to
avoid purchasing the relatively few government - issued bonds that are explicitly issued to finance the development of projects, such as nuclear power plants or casinos, which are fundamentally misaligned with our investment objectives Sovereign
Debt National governments around the world issue bonds (debt) to finance a wide variety of public goods including education, infrastructure, national defense, the judiciary and social welf
Debt National governments around the world issue bonds (
debt) to finance a wide variety of public goods including education, infrastructure, national defense, the judiciary and social welf
debt) to finance a wide variety of public goods including education, infrastructure, national defense, the judiciary and social welfare.
Cobbetts has negotiated loan facilities of # 10.5 m in an effort to
avoid a partner cash call The firm renegotiated a bank loan facility with RBS in Janaury, which comprises a # 2.5 m overdraft and a # 6.5 m term loan secured by a debenture over the assets of
debt recovery business Incasso - a wholly - owned subsidiary of Cobbetts.
The market for defaulted mortgages is heating up as Wall Street firms try to profit from the housing
recovery, banks seek to
avoid the added costs of holding delinquent
debt, and the Department of Housing and Urban Development sells loans to reduce losses at the financially troubled Federal Housing Administration.