Sentences with phrase «bondholders at»

These bonds are bought by investors on the open market for less than their face value, and the company uses the cash it raises for whatever purpose it wants, before paying off the bondholders at term's end (usually by paying each bond at face value using money from a new package of bonds, in effect «rolling over» the debt to the next cycle, similar to you carrying a balance on your credit card).
Bonds are considered less risky than stocks because bond prices have historically been more stable and because bond issuers promise to repay the debt to the bondholders at maturity.
And the European Central Bank's support of the largest banks and bondholders at the cost of domestic taxpayers has imposed monetary deflation on Eurozone countries, reminiscent of America's 19th - century deflation before and after the Civil War.
For instance, if a bond has a maturity date of January 1 2020, that means the par value will be paid to the bondholder at that date.
In bond investing, face value, or par value, is the amount paid to a bondholder at the maturity date, given the issuer does not default.
This is the amount the company will pay the bondholder at the end of the term of the bond.

Not exact matches

No amount of spin will make Trump's dozen years at the helm of a Trump Hotels, the only public company Trump has ever run, look like anything but a flop that damaged thousands of shareholders, bondholders, and workers.
Even at the Fed, where NIRP keeps popping up, the discussion is marked by a definite lack of enthusiasm for what might turn out to be one of the most toxic policies ever - not just for savers, bondholders, and stockholders, or the entire economy, but for banks!
But inflicting too much pain on bondholders could have dire long - term consequences, according to Kim Rueben, a senior fellow at the Urban Institute who specializes in municipal finance
A new study by researchers at the Federal Reserve Bank of New York suggests that bondholders still don't believe the government would ever let the firms collapse into bankruptcy — after a decade of efforts by regulators to convince them otherwise.
A common feature of convertibles is that they can be converted into equities at the bondholder's discretion.
Any questions regarding procedures for tendering Notes should be directed to the Information Agent for the Tender Offers, Global Bondholder Services Corporation, toll - free at (866) 794-2200 (banks and brokers call (212) 430-3774) or 65 Broadway, Suite 404, New York, NY 10006.
The money is being provided by other governments (mainly the German Treasury, cutting back its domestic spending) into a kind of escrow account for the Greek government to pay foreign bondholders who bought up these securities at plunging prices over the past few weeks.
The beneficiaries of falling interest rates have been mainly the bondholders, not new borrowers, because only a fraction of existing debt represents new debt at the recently falling rates — which now are rising once again.
At what point will investors stop begging the government to save private companies and recognize that the losses should be taken by the stock and bondholders of the offending financial institutions?
The government will receive shares at a 25 percent discount to the price at which bondholders will be converted.
Peter Hayes looks at what might happen next, including the potential depth of bondholder haircuts.
In recent years, however, we have increasingly seen debt used for stock buybacks and dividends, as the chart below shows, in essence rewarding equity - holders at the (possible) expense of bondholders.
In the end, society must choose whether to save the economy at large, or to save bondholder and banking claims on the economy.
Weneed to decide whether to stop the cycle and save the economy at large or to stay in thrall to our banks and bondholders.
For recent insight from Powers and Kornfeld, see ««Gatekeeper» Actions by the SEC and Investors Against Administrators Challenge Private Fund Industry» (Sep. 8, 2016); and «A New Look at an Old Standard: The Power of Minority Bondholders Under the Trust Indenture Act» (Mar. 5, 2015).
Under Dr. Kaloyeros, the school has amassed at least $ 475 million in debt to banks and bondholders, partly because he and Gov. Andrew Cuomo, who decided to split off the college from the University at Albany, set up SUNY Poly to lead an upstate economic development scheme.
The governor said he was compelled to veto the bill for several reasons: That state law prohibited him from signing the bill, that it would prompt other cities to clamor for a waiver on their fees, that such a change might be better suited during the annual budget process, and that bondholders might be put at risk due to revenues lost by waiving the fees.
Brodsky says at least in a bankruptcy proceeding, everyone is treated fairly, including the bondholders, who currently don't suffer when a municipality borrows more money or relies on increased state aid to solve its problems.
Convertible bonds are exactly what you would expect — they can be converted into another financial security, usually at the option of the bondholder.
The bondholder receives a payment at maturity.
The bondholder loans the issuer money and the issuer promises to pay the bondholder interest at a specified rate on the loan for a specified period of time and then to repay the loan at expiration.
The bondholders always get paid first, and a company can cut its dividend at the whim of the board of directors if cash is a little tight.
In general, the effect of the election is to slightly decrease the rate at which the market discount is deemed to accrue, which will generally produce a beneficial result for the bondholder by reducing the amount of ordinary income recognized on a sale of the bond prior to maturity.
Bonds are «low risk» loans where bondholders receive income regardless of the economy or company performance; the main risk that bondholders retain is interest rate risk (that is, the risk that they could have asked for more interest on their loans if they'd loaned at a later date).
From the bondholder's perspective, OID is simply additional interest that the bondholder will receive on the bond, except that it is paid at maturity instead of annually throughout the life of the bond.
But, for those that are behind the curve, the financings of last resort are protective, at least for a little while, of management teams and bondholders.
Since a preferred holder lacks the enforceable claim to interest and principal at maturity that is enjoyed by a bondholder, and the right to participate in residual profits enjoyed by the common stock holder (except for convertible holders), sound analysis is essential.
Bondholders are paid a coupon or interest each year until maturity, at which time your initial investment also is paid back in full.
At maturity date, the full face value of the bond is repaid to the bondholder.
Rather than being paid out to the bondholder, it is factored into the difference between the purchase price and the face value at maturity.
In exchange, the company or government promises to repay you (the bondholder) the amount you invest, plus interest, at a set point in time called a maturity date.
As an example, after an accounting scandal and a Chapter 11 bankruptcy at the giant telecommunications company Worldcom, in 2004 its bondholders ended up being paid 35.7 cents on the dollar [30].
A death put is an optional redemption feature on a debt instrument allowing the beneficiary of the estate of a deceased bondholder to put (sell) the bond back to the issuer at face value in the event of the bondholder's death or legal incapacitation.
the interest rate a bond's issuer promises to pay to the bondholder until maturity, or other redemption event, generally expressed as an annual percentage of the bond's face value; for example, a bond with a 10 % coupon will pay $ 100 per $ 1000 of the bond's face value per year, subject to credit risk; when searching Fidelity's secondary market fixed income offerings, customers can enter a minimum coupon, maximum coupon, or enter both to specify a range and refine their search; when viewing Fidelity's fixed - income search results pages, the term «Step - Up» instead of a numeric coupon rate means the coupon will step up, or increase over time at pre-determined rates and dates in the future; clicking Step - Up will reveal the step - up schedule for that security
In almost any bankruptcy, dissolution or restructuring scenario, the bondholders will be paid (if not 100 cents / $, at least something) ahead of the stockholders.
In December 2015, at the request of bondholders, Navient began the process of extending the final maturity dates on $ 7.3 billion of FFELP bonds.
Bondholders do not get a share of company's profits but rather collect interest at an agreed upon rate.
Management was unhappy about at having to liquidate carefully accumulated assets at fire sale prices, lenders were getting near the end of their tolerance for further cure period extensions, and erstwhile bondholders were wondering what the heck they were doing holding a penny stock.
(Most bondholders have no desire to hold equity at all, much less an illiquid penny stock, thus the 54 % lockup).
I'm not writing about this to give a blow - by - blow description of how the bondholders and management cheated shareholders out of their ownership interests, though I will touch on that at points.
If a bond is issued at a value of $ 100 and an interest rate of 5 % in a stable economic environment then there are not any problems and a 5 % dividend will be paid to the bondholder.
The issuer is obligated to pay the bondholder a specified amount, usually at specific intervals (interest payments) and to repay the principal amount when the bond matures.
A high interest rate, thought to be «locked in,» disappears, and the bondholder is forced to reinvest at lower rates.
At any time, a bondholder can sell their bonds in the open market, where the price can fluctuate, sometimes dramatically.
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