In contrast to practices of the late 1980s and early 1990s, however, lenders of all sorts are managing oceans of
debt capital with more discipline, thanks perhaps to the highly structured lending approach characteristic of CMBS lenders.
The combination of lower - cost
debt capital with higher - cost equity capital produces the next item in this list.
Endurance Lending Network is a web - based lending platform that connects small businesses looking for up to $ 500,000 of
debt capital with nontraditional lending sources (accredited individuals, family offices, wealth management platforms, debt funds, etc.).
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions
with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements
with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements
with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts
with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance
debt, including our ability to obtain the
debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships
with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional
capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance
with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
Avenue
Capital focuses on distressed and undervalued
debt and equity in the United States, Europe and Asia,
with headquarters in New York and 11 offices across the globe.
By the end of the year, he and Raider had also gotten their seed backer, Thrive
Capital, along
with five other investors, to help raise $ 122.5 million, including $ 35 million in
debt.
Take that funding away and the market settles back into something more closely aligned
with the underlying reality — the one of high unemployment / underemployment, high oil prices, stagnant middle - and lower - class incomes, unprecedented wealth concentration in the upper class, demolished savers, under - investment in
capital, and an ongoing transition to a low - wage service economy hard - pressed to service
debt.
Lion's investment came
with what KeyBanc
Capital Markets analyst Edward Yruma, in a recent note, called «unusually tight»
debt covenants.
Concurrent
with this orgy of public
debt, the State encourages massive expansion of private credit via fractional lending, low bank reserves, and other forms of leverage, in a vain attempt to stimulate demand in an economy burdened
with overcapacity, declining employment, marginal return on
capital and saturated markets.
This metric is a way of measuring the value of a company and it can be used to compare timber producers
with wildly different
debt levels,
capital bases and tax burdens.
Eden Energy, which is seeking to commericalise its innovative concrete product, is looking to wipe out its
debt by completing a $ 6.1 million
capital raising,
with its major shareholder committing to over a third of the offer.
American's
debt - to -
capital ratio is an industry - high 90 %, and it's just beginning to realize cost savings from its merger
with US Airways.
New Standard Energy has secured $ US3 million ($ A3.9 million) from its existing
debt facility
with Credit Suisse to provide working
capital while it continues transaction discussions
with unnamed parties.
«These transformations require large
capital investments when these companies are riddled
with debt,» says Wasilenkoff.
They also showed agreement, albeit to a lesser extent,
with Flaherty's alternate proposal of an embedded
capital tax, where financial institutions could convert
debt to equity to aid the financial institution in the event of a crisis instead of using taxpayer dollars.
Under a restructuring pact, senior lenders including Silver Point
Capital, Melody
Capital Partners LP and funds affiliated
with KKR Credit Advisors will exchange
debt for equity ownership in the reorganized company.
Toys «R» Us is saddled
with debt from a $ 6.6 - billion buyout in 2005 by KKR, Bain
Capital and real estate investment trust Vornado Realty Trust.
She began her career in investment banking,
with a focus on mergers and acquisitions and
debt capital markets.
The company, which is controlled by private equity firm Cerberus
Capital Management, will shed some $ 700 million in
debt in the prepackaged reorganization that will be filed soon
with federal bankruptcy court in Wilmington, Del..
Capital outflows lead to a weaker currency, which concerns the hordes of Chinese companies that borrowed
debt in foreign currencies over the past few years and now have to pay it back
with a weaker yuan.
The IIF said a reversal of non-resident
capital inflows prompted largely by repayment of dollar
debt by Chinese companies also had combined
with increased
capital outflows from residents.
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.
Another notable aspect at this juncture is the fact that a large number of women mentors, in addition to investing, are actively taking the lead
with respect to helping ventures via angel, equity, and
debt capital investments.
She wants to see companies that are generating strong cash flows, have a good
capital structure and are not burdened
with debt.
The purchase price includes more than US$ 860 million to purchase Pantry's shares,
with the rest going towards
capital leases and
debt.
It is a black - eye for its its three owners, KKR, Bain
Capital Partners and real estate investment trust Vornado Realty Trust, who took the retailer private in 2005 for $ 6.6 billion, leaving it
with $ 4.9 billion in
debt.
Obviously, besides immediately abandoning its propaganda campaign, the Chinese government should reassure the global business community
with concrete, honest, realistic, and market - based solutions that address the underlying pathologies of China's poor economic performance: massive
debt, endemic overcapacity, and an economic system that channels low - cost
capital into inefficient state - owned enterprises at the expense of private entrepreneurs and consumers.
«The tax shield alone that the ESOP provides enables an ESOP to give a small business more
debt, more senior credit, than they could get
with other access to
capital,» explains Mary Josephs, senior vice president of the Leveraged Finance Department at Chicago's LaSalle Bank Corp., an ESOP lender.
The downfall of Toys «R» Us can be traced back to a $ 7.5 billion leveraged buyout in 2005, when Bain
Capital, KKR & Co. and Vornado Realty Trust loaded the company
with debt.
In September, Governor John Hickenlooper announced his administration would allocate $ 9 million (
with an option for an additional $ 3 million) to a fund that would provide early - stage investment
capital and / or
debt to startups in rural Colorado counties.
These risks and uncertainties include competition and other economic conditions including fragmentation of the media landscape and competition from other media alternatives; changes in advertising demand, circulation levels and audience shares; the Company's ability to develop and grow its online businesses; the Company's reliance on revenue from printing and distributing third - party publications; changes in newsprint prices; macroeconomic trends and conditions; the Company's ability to adapt to technological changes; the Company's ability to realize benefits or synergies from acquisitions or divestitures or to operate its businesses effectively following acquisitions or divestitures; the Company's success in implementing expense mitigation efforts; the Company's reliance on third - party vendors for various services; adverse results from litigation, governmental investigations or tax - related proceedings or audits; the Company's ability to attract and retain employees; the Company's ability to satisfy pension and other postretirement employee benefit obligations; changes in accounting standards; the effect of labor strikes, lockouts and labor negotiations; regulatory and judicial rulings; the Company's indebtedness and ability to comply
with debt covenants applicable to its
debt facilities; the Company's ability to satisfy future
capital and liquidity requirements; the Company's ability to access the credit and
capital markets at the times and in the amounts needed and on acceptable terms; and other events beyond the Company's control that may result in unexpected adverse operating results.
In addition to factors previously disclosed in Tesla's and SolarCity's reports filed
with the U.S. Securities and Exchange Commission (the «SEC») and those identified elsewhere in this document, the following factors, among others, could cause actual results to differ materially from forward - looking statements and historical performance: the ability to obtain regulatory approvals and meet other closing conditions to the transaction, including requisite approval by Tesla and SolarCity stockholders, on a timely basis or at all; delay in closing the transaction; the ultimate outcome and results of integrating the operations of Tesla and SolarCity and the ultimate ability to realize synergies and other benefits; business disruption following the transaction; the availability and access, in general, of funds to meet
debt obligations and to fund ongoing operations and necessary
capital expenditures; and the ability to comply
with all covenants in the indentures and credit facilities of Tesla and SolarCity, any violation of which, if not cured in a timely manner, could trigger a default of other obligations under cross-default provisions.
debt obligations of the U.S. government that are issued at various intervals and
with various maturities; revenue from these bonds is used to raise
capital and / or refund outstanding
debt; since Treasury securities are backed by the full faith and credit of the U.S. government, they are generally considered to be free from credit risk and thus typically carry lower yields than other securities; the interest paid by Treasuries is exempt from state and local tax, but is subject to federal taxes and may be subject to the federal Alternative Minimum Tax (AMT); U.S. Treasury securities include Treasury bills, Treasury notes, Treasury bonds, zero - coupon bonds, Treasury Inflation Protected Securities (TIPS), and Treasury Auctions
Debt is a
capital source
with a finite life and clearly defined return profile known at the initial investment.
Debt capital is raised in the form of a loan or promissory note to be paid back at some point in the future usually
with interest.
4.7 percent to C$ 57.13 since Boston - based Highfields said May 1 it had increased its stake to 4 percent and met
with the company to recommend using
debt to fund «
capital return» and halting a push into the U.S..
The Fund seeks both current income and
capital appreciation by investing primarily in below investment grade
debt and equity
with the ability to hedge risk.
The company has been saddled
with debt since buyout firms KKR & Co L.P. (KKR.N) and Bain
Capital LP, together
with real estate investment trust Vornado Realty Trust (VNO.N), took Toys «R» Us private for $ 6.6 billion in 2005.
Previously, Fundrise was focused only on accredited investors
with a variety of individual assets across the
capital stack (senior
debt, preferred equity, equity) to choose from.
The company buys and leases farmland across the U.S. Source: InvestorPlace Related Articles: - Dividend Growth Stocks Are My Conviction - 5 Stocks
With A Low
Debt To Total
Capital - Should You Sell A Dividend Stock After A Dividend Cut?
In most cases,
debt sits at the very top of the
capital structure and in scenarios of liquidation or bankruptcy is first to be repaid
with the assets of the debtor.
Highland
Capital Brasil Gestora de Recursos («HCB») is an asset management company which pursues investment opportunities in Emerging Market credit strategies
with a primary focus on Brazilian corporate
debt.
If you operate a small business in the United States or any of its territories, have some
capital of your own to invest in your business, and are current
with all
debt payments to the U.S. government (including your income taxes), you may be eligible for an SBA loan — unless your business falls into one of the ineligible businesses identified by the SBA:
A company
with negative working
capital (more liabilities than assets) is generally seen as being in financial risk for increased
debt (which may lead to bankruptcy).
SMS» senior lender, Harris Bank, and its mezzanine
capital provider, Granite Creek Partners, both of whom City Capital worked with last fall in connection with a debt financing for SMS, are Chicago instit
capital provider, Granite Creek Partners, both of whom City
Capital worked with last fall in connection with a debt financing for SMS, are Chicago instit
Capital worked
with last fall in connection
with a
debt financing for SMS, are Chicago institutions.
IAM is an alternative asset management company
with approximately $ 2.4 billion in assets and committed
capital under management in real estate, private
debt and infrastructure
debt.
To make this an even bigger challenge, popular media would have us believe that
capital is the answer to every problem business owners face; and many business owners who aren't, or lack, a «profit expert» make decisions that seemingly make a lot of sense, but in reality makes it more difficult to be profitable by further burdening their business» cash flow
with debt they can't support.
Before founding K2, he was
with American
Capital Ltd., a publicly - traded buyout and mezzanine fund (NASDAQ: ACAS), where he created the American
Capital Energy Group, building a peak portfolio of nearly a billion dollars of market value of energy - related equity and
debt investments across oil and gas production, oilfield services, utility services and alternative energy.
Combining this
with poor sales growth results in a dismal outlook for earnings 3) the pressure on earnings will continue to hurt
capital spending, which is usually just a magnified image of earnings, 4) the same factors will continue to raise default rates, causing earnings problems and
debt downgrades among banks and financial companies, 5) earnings shortfalls will also lead to continued job cutbacks,
with the unemployment rate rising to at least 5.5 % (indeed, once the unemployment rate has advanced by 0.5 % from its lows, it has never reversed until rising by least 1.5 % off those lows).
Toys R Us, based in Wayne, New Jersey, has struggled
with debt since private - equity firms Bain
Capital, KKR & Co. and Vornado Realty Trust took it private in a $ 6.6 billion leveraged buyout in 2005.