Sentences with phrase «bondholders of»

Despite the mall's impending sale, it is projected that the bondholders of its CMBS loan will take a substantial loss approaching $ 90 million.

White & Case's restructuring lawyers, meanwhile, continue to be busy, picking up assignments for life sciences solutions company Novasep and bondholders of Residential Capital, the embattled mortgage unit of Ally Financial, which is being urged to stand behind its struggling subsidiary.

He was also named to The American Lawyer's list of 2010 «Dealmakers of the Year» for his work on behalf of the bondholders of CIT Group.

Bondholders of corporate or government debt will also see the value of their investments decrease.

What is required, however, is that the stock and bondholders of financial companies take due losses.

But to defend all bondholders of financial institutions at public expense is to commit the future economic output of innocent citizens to cover the losses of mismanaged financial institutions.

That said, it is true that the bondholders of major banks include pension funds, insurance companies, mutual funds, foreign investors and other holders that would be adversely affected by a writedown in bond values.

Ultimately, if a financial institution is not capable of surviving without large and constant infusions of public capital, the stockholders and bondholders of that company - not the public - should be responsible for the losses incurred.

The sum total of the policy responses to this crisis has been to defend the bondholders of distressed financial institutions at public expense.

The bondholders of distressed financial institutions - not the American public - should bear responsibility for the losses of those institutions.

2) Stabilize insolvent financial institutions through receivership if the bondholders of the institution are unwilling to swap debt for equity.

As a result of the intervention by the Federal Reserve and the U.S. Treasury, even the bondholders of Bear Stearns stand to receive 100 % repayment of both interest and principal on their bond investments.

Why should he reward bondholders of his target companies?

Even the bondholders of Bear Stearns can expect to get 100 % of their principal back, with interest.

Better yet, the company could promise its bondholders all of the revenue that is going to come into the company because of the patent.

I could admittedly do better, and would certainly have captured more upside from temporary speculation, had I committed myself to the principle that central banks will act strictly to defend the bondholders of the banks they represent, even if it means trespassing into fiscal policy, subordinating public interest, empowering the worst stewards of capital, violating legal restrictions, and inviting long - term instability.

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?

Since early 2008, beginning with the provision of non-recourse funding in the Bear Stearns debacle, the Federal Reserve and the Treasury have repeatedly allocated or implicitly obligated public funds to defend the bondholders of mismanaged financial companies.

But to broadly immunize every bondholder of these institutions with public funds is repulsive.

A callable bond is worth less to an investor than a noncallable bond because the company issuing the bond has the power to redeem it and deprive the bondholder of the additional interest payments he'd be entitled to if the bond was held to maturity.

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.

While shareholders will receive only the slightest of premiums on their 12 - cent share price, the big winners are bondholders, who will recoup a greater share of their loans and not be saddled with stock in an operationally troubled and undercapitalized company.

«If the «bail - in» of junior bondholders is not announced simultaneously with a bailout of retail investors, the announcement likely would severely hurt the popularity of the parties belonging to the coalition government,» Fois from Barclays said.

Convertible bonds are securities that pay interest, but give the bondholders the right to convert them to equity shares; they're basically a way to bet on the growth potential of a company without taking the risk of buying common shares.

Some of that cushion is needed to pay interest to bondholders, however, because customers on installment plans don't pay anything extra beyond the price of a phone.

Can they expect the same results they achieved in the case of Argentina, in which a series of bondholder - friendly court verdicts ultimately forced the government to settle?

To address the many defaults in U.S. states and elsewhere around the world, Great Britain created the Corporation of Foreign Bondholders to represent the interests of these investors.

In fact, to the extent that a federally supervised restructuring reduces the size of bondholder settlements, it actually saves taxpayer money.)

After playing a two - year game of chicken with management, bondholders forced the company to wipe out shareholders and legally separate the Lake Erie operation — the most modern integrated steel plant in North America — from the Hamilton mill and its related obligations.

Of the three big rating agencies, Moody's seems the most chilled out: In a widely circulated memo dated Oct. 7, it said the U.S. would keep its AAA rating as long as it pays bondholders.

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!

Shareholders have to wonder how much value will be left of the company after bondholders and the union members have their way.

Bondholders have seen the value of their investment plummet.

CWCapital Asset Management LLC, a special servicer representing bondholders, took control of the complex in 2010 after its owners missed a debt payment.

In Gordon's view, Britain is not yet facing significant pressure from bondholders, making the austerity drive very much about the politics of the day.

As of the beginning of 2016, bailouts will first be felt by bank shareholders, bondholders and depositors with more than $ 100,000.

And, he says, Hunter and his army of retail investors did nothing that hasn't been repeatedly done by investment bankers, bondholders and hedge funds during other CCAAs, such as the restructuring of Hamilton steelmaker Stelco, where self - serving parties threatened the future of thousands of workers in order to turn a profit after buying voting power from scared creditors.

The move, which has precipitated a massive restructuring of the city's debt, has angered unions and bondholders alike.

Remington's bondholders are also providing some of the bankruptcy loan and will receive a stake in the company when it exits bankruptcy.

«Absent enactment of a workable framework for restructuring Puerto Rico's debts, bondholders will experience a lengthy, disorderly, and chaotic unwinding, with non-payment for many a real possibility.»

A 1991 feature in Spy magazine summed him up with the headline, «How to Fool All of the People, All of the Time: How Donald Trump Fooled the Media, Used the Media to Fool the Banks, Used the Banks to Fool the Bondholders, and Used the Bondholders to Pay for the Yachts and Mansions and Mistresses.»

I remain intrigued by the possibility of the euro bondholders getting paid.

7 So the exchange bondholders who have euro - denominated bonds may be able to convince courts in Europe to order that they get paid — and those orders might be effective, since they would be entirely outside of U.S. jurisdiction.

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.

But there's a pretty good argument that payments on Argentina's euro - denominated bonds never flow through the judge's jurisdiction: Argentina gives the money to a bank in Buenos Aires, which transfers it to a bank in Frankfurt, which holds it in the name of a bank in Brussels, which transfers it to a London nominee for Belgian and Luxembourg clearinghouses, which pays it to bondholders.

Its biggest group of unsecured creditors are bondholders represented by the Bank of New York Mellon who are owed $ 658 million.

The number one punch against the Ukraine by the IMF was to impose austerity on the pretense (its junk economics) that Ukraine could pay its foreign bondholders with income taxed out of its domestic economy.

In October, the European Union pledged to write off 100 billion euros ($ 127.8 billion) of Greece's debt if bondholders would agree to voluntarily accept 50 percent losses on their Greek holdings.

Sovereign debtors must agree to IMF «conditionalities» in order to get enough credit to enable bondholders to take their money and run, avoiding haircuts and leaving «taxpayers» to bear the cost of capital flight and corruption.

According to Griesa (uniquely), this means that if any creditor or vulture fund refuses to participate in a debt writedown, no such agreement can be reached and the sovereign government can not pay any bondholders anywhere in the world, regardless of what foreign jurisdiction the bonds were issued under.