Sentences with phrase «bondholders on»

The filing comes after General Growth failed to convince the bondholders on its corporate debt to defer loan payments.

Greece should learn from America's folly and refuse to borrow from the ECB to pay bondholders on debts that have been run up by not taxing wealth, especially that of the FIRE sector.

For example, in Hans v. Louisiana (1890), the high court ruled against a Louisiana resident bondholder on 11th Amendment grounds even though it did not specifically preclude suits by a state's citizens.

Most bonds have an interest rate, also called the coupon or nominal rate, applied to the par value that the bond issuer will pay to the bondholder on a semiannual basis.

Not exact matches

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.

You, as a bondholder, are not obligated to liquidity, but are merely counting on its availability.

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.

Or it may be forced to pile on the debt, hurting current bondholders.

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

Some Puerto Rico bondholders have criticized Garcia Padilla's emergency legislation, particularly the authority to issue a moratorium on any debt the governor deems necessary.

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.

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.

IMF loans are made mainly to enable governments to pay foreign bondholders and bankers, not spend on social programs or domestic economic recovery.

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.

They have advised corporations, senior bondholders and other key stakeholders on hundreds of millions of dollars in transactions.

Then, President Obama went to the Group of Twenty meeting, after Tim Geithner, the Treasury Secretary, had been on the phone with Europe, and said that if Greece didn't pay the French and German bondholders, the American banks had made huge bets and would go under — and so would big European banks who were counterparties.

Geithner and Obama lobbied the IMF and ECB shamelessly to bail out Greece, simply so that it could pay bondholders, because U.S. banks had issued credit default insurance (CDS) against Greek bonds and were on the hook for a big loss if a default occurred.

The public sector has been made dependent on commercial banks and bondholders.

That will be important to private investors, because if the central bank held itself out as a privileged bondholder, effectively passing more risk on to other bond holders, other buyers might undermine the stimulus program by demanding higher interest rates.

These firms base their ratings on the bond issuer's financial health and likely ability to make interest payments and return the bondholders» principal.

To what extent should a country impose austerity and even depression on itself — more than a great recession, an entire lost decade on itself — simply to pay interest to bondholders who've been financing a fiscal system that hasn't really taxed the rich in Greece?

Geithner and Obama warned that if Greek bondholders were not paid in full, some giant U.S. banks would lose heavily on the default insurance contracts and derivatives they had written, and their losses could spread «contagion» to Europe.

Meanwhile, debt service shows up in the financing activities, so the more debt you take on, the more you can mislead shareholders by reporting huge operating cash flow (EBITDA) that is actually the property of bondholders.

After three decades, loyal bondholders who had held their bonds lost 83 cents on every dollar they'd invested.

But in fact, J.P. Morgan is already willing to take on all of Bear's assets and liabilities, including over $ 75 billion in debt to Bear's bondholders, for $ 2 a share.

«Whereas companies routinely reward their shareholders with higher dividends, no company in the history of finance, going back as far as the Medicis, has rewarded its bondholders by raising the interest rate on a bond.»

Since corporations have to deliver cash flows both to stock holders and bondholders, the combined financial claims on a company are often measured using «enterprise value,» which includes the value of both.

According to J.P. Morgan, in December and January, China announced tax benefits on interest income for railway bondholders, issued bonds for railway projects, and injected cash into the two largest train makers.

Bond credit ratings are the equivalent to an individual's credit score and are designed to guage the risk that a bondholder will not receive a portion or all of the interest and principal payments they are due on a bond.

Recent events have highlighted the increasing willingness of governments and regulators to impose losses on bondholders and depositors.

Governments are unforgiving, and the IMF and ECB act on behalf of banks and bondholders — and are ideologically captured by anti-labor, anti-government financial warriors.

Puerto Rico's required Fiscal Plan was approved by the Oversight Board on March 13, 2017; however, that plan has come under criticism from bondholders.

Many experts believe the missed payments mean the country is set to default on all of its roughly $ 65 billion debt due to bondholders.

Does that mean bondholders can expect to be paid back roughly 60 cents on every dollar of Puerto Rico debt owned?

Tawil, who specializes in corporate distressed debt situations, also noted that the proposal would likely have huge detrimental effects on bondholders.

A bill to cut the U.S. territory's $ 70 bln debt stalled amid fierce lobbying by bondholders that insist on full repayment.

In July, PREPA defaulted on a $ 170 million interest payment to bondholders.

The idea of debt amnesties was to prevent debt from tearing society apart — to prevent the kind of crisis that the United States has been in since 2008, when President Obama didn't cancel the junk - bond debts, or the debts that tore the Greek economy apart — when the IMF and Europe imposed them on Greece instead of letting it default on debts owed to French and German bondholders.

Based on current information, «the GDB, which faces its own liquidity crisis, is not expected to be able to make the payment,» to its bondholders, the statement added.

Since Congress has, so far, not acted we are now on the precipice of a much more uncertain and chaotic situation in which Puerto Rico will attempt to selectively cancel debts and bondholders will seek to use the federal courts to block the Puerto Rican government from operating until it pays up.

In the end, society must choose whether to save the economy at large, or to save bondholder and banking claims on the economy.

On Monday, Puerto Rico is expected to skip payment on $ 389 million in debt owed by the island's Government Development Bank to bondholderOn Monday, Puerto Rico is expected to skip payment on $ 389 million in debt owed by the island's Government Development Bank to bondholderon $ 389 million in debt owed by the island's Government Development Bank to bondholders.

EBITDA - to - Enterprise - Value has the benefit of including operating cost structures, but misses out on payments to bondholders and the government.

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.

On the bright side, bondholders are higher up on the list to get their money back before stockholderOn the bright side, bondholders are higher up on the list to get their money back before stockholderon the list to get their money back before stockholders.

A key part of the government, the island's sole utility company, PREPA, defaulted on interest payments to bondholders in July of this year, Vox reports, leading to widespread power outages.

Motown took a step closer to bankruptcy last week when the state - appointed fix - it man called on bondholders and public workers to accept steep cuts.

Many individual bondholders believe the implications of interest rate fluctuations don't impact them because they'll receive their principal value on an individual bond if held to maturity.

While I correctly anticipated the credit crisis (see Critical Point for a reminder), the unwise response of policymakers — defend the bondholders, avoid debt restructuring, change accounting rules, extend, and pretend — virtually ensured years of economic headwinds, and led me to insist on making our approach robust to even Depression - era outcomes.