Not exact matches
«Next to bank
debt, ours is the
cheapest source of
capital,» says Marc Reich, president of Ironwood Capital Ad
capital,» says Marc Reich, president of Ironwood
Capital Ad
Capital Advisors.
Using splashy big numbers of
capital market
debt deals is foolish when those deals are refinancing previous ones at rates hundreds of basis points
cheaper.
Adding to the M&A hurry are the current low interest rates, which make
capital cheap for companies like Allergan (AGN) and Mylan (MYL) that have funded their acquisitions with
debt.
They do it when they believe their shares are undervalued, or to make use of cash or
cheap debt financing when business conditions don't justify
capital or R&D spending.
In addition, rising equity values for Utilities offsets the advantages that
cheap debt has for their cost of
capital.
Debt capital is
cheap today.
But
debt capital is
cheap during the boom phase of an economic cycle, and businessmen load up on it then.
Capital Allocation: OK, I cheated a bit, I should have revealed Record is a cash - rich / zero
debt company (with no pension / contingent liabilities)-- with free cash flow that consistently matches / exceeds earnings — so arguably, it's much
cheaper than it shows up on the screens.
This reduced the cost of
capital because it turned equity into
debt, which is a
cheaper form of
capital.
Capital One and Credit Canada
Debt Solutions are kicking off Credit Education Week (which runs next week) with a Twitter - based contest that calls on Canadians to tell their own stories about how they triumphed by being frugal and reaped dividends by so doing, but learned the hard way that choosing the least expensive option and being «
cheap» can come at a cost.
The way a
debt - based system works is that
cheap energy allows deal - makers to raise enormous amount of
capital, with the promise that the payoff will be large.
TREB says change could produce many benefits for Realtors, such as a lower income tax rate, greater accumulation of wealth through long - term tax deferral, providing a vehicle for retirement savings, faster repayment of
debts,
cheaper funding of non-deductible expenses, providing an incentive to save, providing individual pension plans, tax deferral on bonus accruals and a
capital gains exemption.
With plenty of
cheap debt available and new
capital gains tax regulations scheduled to go into effect next year, private equity firms have once again become bullish on retail acquisitions.