Sentences with phrase «bondholders take»

The rest of the debt is non-recourse to BRK, and so bondholders take their chances on a subsidiary failing.

Bear Stearns is worth more than zero in acquisition, provided that the bondholders take an appropriate loss.

In the event of the issuer's bankruptcy, bondholders take priority over preferred shareholders in recouping their investment (who in turn rank ahead of common shareholders).

Bear Stearns is worth more than zero in acquisition, provided that the bondholders take an appropriate loss.

What is required is that Bear's bondholders take a loss, as they should, rather than the public doing so.

So there's that, and the worry would be that future issues with any European bank could be resolved in an as - yet - unknown way with respect to which bondholders take losses and which don't.

Personally I think that things will end badly for shareholders (as in bankruptcy and bondholders taking over).

Not exact matches

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.

This option has already been applied in four smaller Italian banks but it still had losses for retail bondholders and took a long time to complete.

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

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.

If Greece fails to persuade enough bondholders to take voluntary losses, it may pass a law activating clauses in the bonds that would force creditors to take losses.

I take that back: the bondholders who financed the original buyout are the greater fools.

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.

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.

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?

«Congress should arrange some way for the debt to be reduced and for the bondholders to take a haircut and reduce it.»

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.

The following year, StarShine took out $ 12.7 million in loans to purchase and upgrade its facilities that will now most likely become the property of its bondholders.

Loans must be repaid or the bondholder can take legal steps, including forcing the company into bankruptcy.

That means that bondholders don't have any incentive to see the company take large risks that could endanger financial stability.

Other investors would take the first X % of losses before the AAA bondholders would take any losses.

(It is noted that municipal bond indices take into account the interest accrued to bondholders however not the ensuing tax benefits of the interest income.)

Common and preferred equity should be wiped out, and bondholders should take haircuts.

Typically, wide corporate credit spreads indicate a riskier lending environment, as bondholders generally will only take on a greater risk of default in exchange for a greater yield.

Bondholders are made whole before stockholders but they don't stand to gain as much if the company takes off.

Surely, whatever loss is required to transfer the ownership of the company should be taken by the bondholders, not by the public.

, I emphasized the need for immediate authority to take distressed financial institutions into receivership in order to cut away the stockholder and bondholder obligations, while preserving the ongoing business, as well as its obligations to customers and counterparties:

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.

It is obvious that the common shareholders see more variability (risk) in what they take home than bondholders, raw material suppliers, employees or anyone else involved in the operation of the firm.

A provision that gives the issuer or bondholder an option, but not the obligation, to take an action against the other party.

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

With Vallejo, that may not happen; bondholders may have to take a haircut.

For its part, AMLN says it has since tried unsuccessfully to get bondholders to waive a provision blocking outsiders from taking over the board and has asked its bankers for a similar waiver.

White & Case takes up role for Ukrainian government while Weil instructed by bondholders in debt negotiations

The Supreme Court of Canada had no trouble letting reporters blog during the BCE - bondholder fight over attempts to take the company private.

An appraised value of less than $ 495 million could lead to the most junior bondholders losing control of servicing decisions or taking losses, the analysts wrote.

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