Sentences with phrase «debt issuances with»

Therefore, EPR must still balance debt issuances with equity issuances to keep its debt metrics roughly the same as they are today.

Not exact matches

France's AXA says it will spend $ 15.3 billion on buying New York - listed insurer XL Group and speed up its plans to spin off its American life insurance business — the IPO would give it $ 6 billion to help fund the XL purchase, with the rest coming in the form of cash and debt issuance.

Adjusted Net Income is defined as net income excluding (i) franchise agreement amortization, which is a non-cash expense arising as a result of acquisition accounting that may hinder the comparability of our operating results to our industry peers, (ii) amortization of deferred financing costs and debt issuance discount, a non-cash component of interest expense, and (gains) losses on early extinguishment of debt, which are non-cash charges that vary by the timing, terms and size of debt financing transactions, (iii)(income) loss from equity method investments, net of cash distributions received from equity method investments, (iv) other operating expenses (income), net, and (v) other specifically identified costs associated with non-recurring projects.

Note 3: We recorded additional interest expense related to the amortization of debt issuance costs affiliated with our Term Loan Credit Agreement and ABL Facility.

It also appears that the ECB will concentrate on reducing its purchases of government (rather than corporate) bonds, but here issuance is increasing, with the net amount of eurozone government debt set to expand in 2018, in contrast to the contraction seen over the previous 18 months.

Funding its ballooning deficit, which can't be plugged with asset sales and debt issuance alone, and improving its economic situation are partly why Saudi Arabia, the largest producer in the OPEC oil cartel, disagreed to any cut in production at the December OPEC meeting, and more recently has been discounting the price of oil to its customers.

The national savings rate may in fact justify the high debt level, as some have argued, with Chinese savings matched to debt issuance.

(3) Represents the incremental change in interest expense resulting from the fair value adjustment of Kraft's long - term debt in connection with the 2015 Merger, including the elimination of the historical amortization of deferred financing fees and amortization of original issuance discount.

Revenue from equities trading as well as advising on mergers, IPOs and debt issuance helped fuel gains at the investment bank, with UBS saying the results would have been even stronger excluding currency effects.

Rather, trading volumes have not kept pace with the surge in debt issuance, reflecting in particular favourable funding conditions in many advanced and emerging market economies (Graph 2, centre panel).

This new US rule, and similar regulation elsewhere, will affect banks globally and have a knock - on effect for corporates worldwide — with direct and indirect effects on debt issuance and stocks worldwide.

This innovative structure includes a replenishment feature, which allows BXMT to maintain the 82 % advance rate of the initial loans and the CLO issuance (coupled with the $ 392 million equity raise in December) reduced BXMT's debt - to - equity ratio to only 2.0 x (down significantly from 2.6 x as of 9/30).

BNY Mellon, the world's largest provider of debt capital market services, wins kudos for providing its clients with the processing infrastructure and technology they need to comprehensively service all of their corporate trust needs from issuance to maturity.

On the subject of junk debt, in the first two quarters of 2014, European high yield bond issuance outstripped U.S. issuance for the first time in history, with 77 % of the total represented by Greece, Ireland, Italy, Portugal, and Spain.

If the Company is not able to acquire Tokens within three (3) years of the issuance of the debt instrument, it will pay investors back with all remaining cash on hand, with interest due by the terms of the debt agreement.

In addition to explosive growth in global debt issuance, there are new issuers, new rules and a wider variety of investors with a range of objectives.

Domestic issuance of hybrid securities (that is, those securities that contain features of both debt and equity) has also been strong recently, with $ 0.8 billion issued in the June quarter, and a further $ 0.8 billion in July.

Sovereigns continue to lead debt issuance in the Gulf Cooperation Council countries, with further major issuances planned for this year, as countries look to plug deficits.

In connection with the issuance of the secured debt, the Company will (i) issue warrants to purchase 6,875,000 shares of the Company's Common stock, with an exercise price of $ 0.96 per share and (ii) reduce the per share exercise prices from $ 5.87, $ 5.27 and $ 5.25 to $ 0.96 of 885,010 Company warrants currently held by the purchases of the secured debt.

Mr. Speaker, Government also sponsored the issuance ofCedi - denominated medium - to - long - term bonds (7 and 10 year bonds) on the back of the ESLA receivables to facilitate the clearance of the sector's legacy debts.Again, the Akufo - Addo Government is determined to turn away from the mismangement of the energy sector in the past which led to the accumulation of billions of debts by entities, such as BOST, to managing these startegic entities with integrity and efficiency.

This issuance in the approximate amount of $ 1.2 billion provides an opportunity to refund higher - interest bonds and replace them with lower - cost debt, generating future savings to the State of New York.

In the current low - interest rate environment, this issuance provides an opportunity to refund higher - interest bonds and replace them with lower - cost debt, generating substantial future savings to the State of New York.

His dissertation research examines school district debt issuance, credit constraints, and their relationships with school capital investments, investments which have been shown to improve a range of important public policy outcomes.

FINRA Board also filed with SEC proposed amendments to its TRACE rules to expand the definition of Agency Debt Security to address a new issuance structure by government - sponsored enterprises

The Agency will notify the lender of concurrence with the debt ratio waiver request by issuance of Form RD 1980 - 18, «Conditional Commitment for Single Family Housing Loan Guarantee.»

Those with long - term investment horizons can benefit by gaining exposure to bond strategies that allocate to countries on the basis of debt - servicing economic resources rather than debt issuance, effectively raising the relative credit quality of holdings.

Both markets experienced plenty of new issuance as investment grade names such as Anadarko Petroleum, Goldman Sachs and Oracle, along with the high yield names of Ithaca Energy, Jaguar and RJS Power all issued debt last week.

As foreign issuance in Canadian dollars fluctuates with funding costs and foreign investors move in and out of Canadian dollar debt, the result will be more volatility of credit spreads.

With their superior corporate and investment banking relationships with Canadian domestic issuers, they have dominated domestic Canadian debt issuaWith their superior corporate and investment banking relationships with Canadian domestic issuers, they have dominated domestic Canadian debt issuawith Canadian domestic issuers, they have dominated domestic Canadian debt issuance.

Once they reach a steady state, maturing guaranteed debt will be pretty much automatically replaced with new guaranteed debt issuance.

The chief economic advisor at Allianzpenned an opinion piece for Bloomberg, regarding the market's frenzied reaction to the bond issuance in light of the 15 - year long legal battle with bond creditors following the December 2001 default on $ 100 billion in debt.

And now, both forms of credit (as well as commercial paper issuance) are declining because borrowers are saturated with debt and lenders are increasingly skittish of credit risk.

Some debt securities (with a fixed maturity date of one year or less from the date of issuance) that may be acquired by the Fund may be treated as having acquisition discount, or OID in the case of certain types of debt securities.

Some of the debt securities (with a fixed maturity date of more than one year from the date of issuance) that may be acquired by the Fund in the secondary market may be treated as having market discount.

Equity issuance, debt amortization, re-financing & property revaluations have left the sector in an enviable position — with a cap weighted average of only 55 %.

Practicing in Houston, she has represented domestic and international clients in a variety of industries in connection with initial public offerings, public and private issuances of equity and debt securities, exchange offerings, joint ventures, mergers, acquisitions and dispositions.

She advises clients on corporate finance, bankruptcy and creditor - debtor relations law, and counsels public and private companies in connection with senior and subordinated debt facilities and receivables financing, including factoring transactions and securitizations and the issuance of true sale and non-consolidation opinions.

We share years of experience forging and implementing public - private partnerships, incentive, development and infrastructure agreements, economic development incentive and tax increment financing programs; assisting secondary and higher education institutions, healthcare organizations, cultural institutions, electric and gas power providers, and air, land and sea transportation entities with their debt issuances; serving as bond counsel to a wide array of local and state government entities; and serving as underwriters» counsel to many national and regional underwriters of municipal bonds and as counsel to direct purchasers of municipal debt obligations.

David Panico, chair of the firm's Public Finance Group and a certified public accountant, has nearly three decades of experience providing clients with guidance on the issuance of tax - exempt and taxable bonds, notes and other debt obligations.

Shashi routinely assists clients with registration, reporting and SEC disclosure requirements, as well as advises on a broad range of capital market transactions, including initial public offerings, follow - on and secondary offerings, and issuances of preferred stock and debt securities.

This bars all companies and people that are within the US jurisdiction from getting in contact with petro tokens as it constitutes, basically, a government debt issuance.

Equity Residential will pay its portion of the purchase price with $ 2.016 billion in cash, including proceeds from asset sales, and the issuance of 34,468,058 shares of common stock, plus the assumption of $ 5.5 billion in secured debt.

«The debt markets are extremely well - priced right now,» said Bruce Schonbraun, managing partner with Schonbraun, Safris, McCann, Bekritsky & Co., LLC of Roseland, N.J. «There are still vast amounts of debt available, and we're seeing great activity at all levels as to debt issuance.»

Jason began his career with Cravath, Swaine & Moore in New York, where he worked on a variety of transactions, including IPOs, mergers, stock and asset acquisitions and sales, joint ventures, and debt issuances.

When market conditions are healthy — like they generally have been over the past 30 months — they can relatively quickly raise debt through the issuance of notes, which they can use to pay off mortgages on their existing properties, providing them with added financial flexibility to sell or refinance.