Sentences with phrase «debt covenants»

A loss of liquidity does far more damage than volatility in earnings results, unless there are debt covenant violations.

Additional reserves are occasionally required as part of debt covenants, especially regarding bonds or loans for school buildings.

Casella breached debt covenants in 2012 before inking a new, two - year refinancing deal in mid-2012.

Two major issues have so badly damaged American Apparel's finances that it risks violating debt covenants.

While management can prop up shares by touting non-GAAP results, those results don't help pay debt covenants because the true cash flow is not available.

The benefit to this approach is that unlike corporate debt, which includes strict debt covenants that can force dividend cuts in the event of a liquidity crunch, debt collateralized by individual properties, in the event of a default, simply mean the lender forecloses on that individual store.

Now, a few judicious debt covenants could partially level the playing field, but with investment grade bonds those are rare.

With bonds, it is a little easier, because you can tell when debt covenants, etc., and other terms of lending weaken.

A successful debt refinancing will mean that the company doesn't have to worry anymore about meeting their current debt covenants, but I do think that the fact that they are looking to refinance is slightly negative.

Developed and prepared quarterly debt covenant analysis for $ 230MM credit facility, which met lender requirements.

Companies would appear more highly leveraged, which could affect factors such as corporate credit and existing debt covenants.

Debt capacity: Real estate can carry a fair amount of debt, 75 % or 90 % of a property's value, this debt can have a meaningful impact to an organization's balance sheet, credit rating and corporate debt covenants.

Still other face limits on leverage from those who lend to them, in the form of debt covenants.

• Qualified to create ledgers and trial balances along with monitoring debt levels and complying with debt covenants

Lion's investment came with what KeyBanc Capital Markets analyst Edward Yruma, in a recent note, called «unusually tight» debt covenants.

The company disclosed it does not expect to be in compliance with one of its debt covenants by June 30, which could set off a chain reaction of loan payments.

The fund disclosed this month it is not in compliance with one of its debt covenants, and reported there is «significant doubt» it can repay the $ 65.6 - million loan as required by Dec. 31.

They don't want to surprise their bank by not meeting loan - debt covenants.

Gaming company OUYA is on the auction block after tripping a debt covenant, according to a confidential email sent out earlier this month from CEO Julie Uhrman to company investors and advisors.

Given the revenue decline, analysts have flagged the risk of the company tripping its debt covenant, which would require SeaWorld to borrow more money in order to afford its fat dividend.

Debt covenants may soon become just another issue in the already long list if Valeant defaults on its bond indentures.

That debt level is substantially lower than at the start of the year, when the company's C$ 2.1 billion in outstanding debt had it teetering on the brink of defaulting on its debt covenants.

A creditor could stipulate in a debt covenant that the company that's borrowing money must not exceed a certain debt - to - equity ratio.

One of the Australian wine industry's greatest success stories, Casella Wines, has plunged to its first loss in more than 20 years, putting it in breach of its debt covenants and forcing it to slash costs as a high Australian dollar cuts profit from its popular Yellow Tail label.

Casella Family Brands MD John Casella says the country's third - largest winemaker will return to profit this financial year, ending a horror stretch that put the vintner in breach of its debt covenants.

Speaking to BusinessDay from New York, where he is meeting with key US importers and distributors who handle the bulk of the 12 million cases a year the Griffith - based winery produces, Mr Casella hit out at recent reports, including one in The Wall Street Journal, that portrayed the business as mired in financial woes due to its first reported loss in 20 years and a breach of its debt covenants.

Mr Mervis said the company's debt covenants were well supported.

Casella Family Brands managing director John Casella says the company will return to profit this financial year, ending a horror stretch that put the nation's third - largest winemaker in breach of its debt covenants.

4) Rating agency downgrades, unless they trigger a debt covenant.

Our one bow to GAAP is the debt covenants with our bankers, which thankfully we have no difficulty complying with.»

During fiscal 2009, the Company was faced with a de-listing warning from the New York Stock Exchange which was only overcome due to a favorable change in requirements, and was forced to renegotiate its revolving credit agreement at less favorable terms when it appeared the Company would likely violate its debt covenants.

More holding company liquidity out of thin air: receiving a $ 800 million loan from American General Finance, a wholly owned subsidiary, in exchange for giving the subsidiary $ 600 million in capital to satisfy a debt covenant.

In order to reduce the risk of bad loans, banks impose restrictions on the maximum debt - to - equity ratio of borrowers as defined in the debt covenants in loan agreements.

Some firms are forced to file for bankruptcy when they trip a debt covenant.

Unless the fair value accounting leads a company to violate a debt covenant, typically it does not have that much effect, because it does not change the pattern of cash flows that the company will generate.

Outlandish commitments: does the company have purchase, lease, financing commitments or debt covenants (or other operational restrictions) which could prevent unlocking of shareholder value?

You know we can not let our EBITA go below $ 600 million or we are in violation of our debt covenants.

Assisted clients in obtaining financing and developed controls to ensure compliance with debt covenants.

* Assist in the preparation of external financial statements and disclosures as required under the company's debt covenants (quarterly, annual, Non-GAAP disclosures) * Assist with the review of the impact of new or proposed accounting standards, interpret

• Skilled in monitoring debt levels by complying with debt covenants and performing follow up activities.