Should read — In other WORDS — a slug of perpertual
debt leverage in your personal capital structure boosts your personal ROI, as long is it doesnâ $ ™ t create too risk.
In others — a slug of perpertual
debt leverage in your personal capital structure boosts your personal ROI, as long is it doesn't create too risk.
Not exact matches
Although the name has changed, it's still the same industry once denoted as «
leveraged buyouts» — that is, the business of buying companies with a thin slice of nonpublic equity and mountains of
debt,
in which fund managers grab richly generous (to themselves) fees.
On November 16, 2006, Clear Channel Communications, which was publicly traded at the time, announced that it had agreed to a
leveraged buyout totaling $ 26.7 billion, including $ 18.7 billion for the shares plus the assumption of $ 8 billion
in debt.
In the opinion of the Company's management, the debt - to - capital ratio is useful in an analysis of the Company's financial leverag
In the opinion of the Company's management, the
debt - to - capital ratio is useful
in an analysis of the Company's financial leverag
in an analysis of the Company's financial
leverage.
The goal was to renegotiate the company's $ 5 billion
debt load, which it has carried since a
leveraged buyout
in 2005.
The firm said that reflected stronger revenues
in debt underwriting due to strong performance
in leveraged finance and asset - backed activity.
In the short - term, however, this increased
leverage may actually be bullish for junk bonds, corporate bonds, emerging market
debt and mortgage - backed securities as it brings higher prices and lower yields, he said.
Although there may not be a bond bubble, with investors starved for yield, Gundlach predicts a potential bubble could form
in credit risk as investors increase their
leverage on riskier
debt securities like junk bonds and emerging market
debt.
Tapping into tax credit allocations through the New Market Tax Credits scheme, which offers investors tax credits for investing
in CDFIs, generated more than $ 65 million
in leveraged debt from TCE and Capital Impact and $ 60 million of tax credit equity from JP Morgan and US Bank.
The «answer» was to financialize the U.S. economy with vast increases
in credit,
debt and
leverage, enabling a hyper - consumerist economy built on a pyramid of
debt and
leverage.
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.
EMC's immensity (it had a market cap of $ 55 billion
in 2015) and Dell's already
leveraged state meant this deal, too, would be paid for mostly with
debt — upwards of $ 50 billion.
The move would fly
in the face of the Chinese government's mission to bring down the country's soaring
debt as the country finds itself reliant on
leveraged growth.
... You know, he's a
leveraged buyout guy, so he had a lot of
debt, and he wasn't able to continue to invest
in the team the way he had been, and I think he got distracted.
The retailer was saddled
in debt, some $ 4.9 billion, left from a 2005
leveraged buyout for about $ 6.6 billion by private equity giants Kohlberg Kravis Roberts and Bain Capital, as well as real estate trust Vornado.
Since the
leveraged buyout, SRC's sales have grown 40 % per year and are expected to reach $ 42 million
in fiscal 1986; net operating income has risen to 11 %; the
debt - to - equity ratio has been cut from 89 - to - 1 to 5.1 - to - 1; and the appraised value of a share
in the company's employee stock ownership plan has increased from 10?
For small business owners who might not have a masters degree
in finance, keeping the following four things
in mind will help them use
debt to gain
leverage, rather than getting weighed down.
Caesars Entertainment was taken private
in one of the largest and ill - timed
leveraged buyouts
in history, and the company has struggled under the weight of the
debt used to finance the move along with increased competition as more jurisdictions legalize gambling.
«We have changed our view of the difficulties
in bridging the gulf between the political parties over fiscal policy, which makes us pessimistic about the capacity of Congress and the Administration to be able to
leverage their agreement this week into a broader fiscal consolidation plan that stabilizes the government's
debt dynamics any time soon.»
But by last September, just months before the crucial holiday season, relentless competition from Amazon.com Inc. and Walmart Inc. — combined with more than $ 5 billion
in debt from a 2005
leveraged buyout — had finally overwhelmed the chain.
The stable outlook reflects our view that ACT's strong market position
in North America and Scandinavia and its continued operating efficiency will insulate it from margin pressure
in this highly competitive industry, contributing incremental earnings and generating strong free cash flow for
debt reduction that should result
in leverage declining quickly to about 3x by the end of 2013.
In other words, leveraged companies will be constrained in how they use debt expenses and losses to lower their tax bill
In other words,
leveraged companies will be constrained
in how they use debt expenses and losses to lower their tax bill
in how they use
debt expenses and losses to lower their tax bills.
After those two
leveraged buyouts, Neiman carries long - term
debt of $ 4.55 billion, on which it paid $ 289.9 million
in interest last year.
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.
Owned by private equity group Leonard Green & Partners after a
leveraged buyout for $ 1.3 billion
in 2006, the company is entering bankruptcy
in a bid to held shed much of its
debt and clean up its balance sheet.
As a result, it is now clear that the U.S. is
in the latter stages of the multi-year credit cycle, a period when rising corporate
leverage negatively affects returns to corporate
debt as investors demand higher risk premiums to compensate for the greater volatility created by increased
leverage.
The result
in the early 1980s when
debt -
leveraged buyouts really gained momentum was that financial investors were able to obtain twice as high a return (at a 50 % corporate income tax rate) by
debt financing as they could get by equity financing.
Debt leveraging inflates property prices, creating (6) hopes for capital gains, prompting buyers to take on even more debt in the speculative hope that rising asset prices will more than cover the added interest, which is paid out of capital gains, not out of current inc
Debt leveraging inflates property prices, creating (6) hopes for capital gains, prompting buyers to take on even more
debt in the speculative hope that rising asset prices will more than cover the added interest, which is paid out of capital gains, not out of current inc
debt in the speculative hope that rising asset prices will more than cover the added interest, which is paid out of capital gains, not out of current income.
«We are very concerned that Remington will be unable to refinance
debt that comes due
in April 2019 given its weak operating performance and high financial
leverage,» Kevin Cassidy, a Moody's Investors Service Inc analyst, wrote
in a research note last month.
In effect, European leaders have announced «We have agreed to solve our debt problem, leveraging money we do not have, to create a fund, which will then borrow several times that amount, in order to buy enormous amounts of new debt that we will need to issue.&raqu
In effect, European leaders have announced «We have agreed to solve our
debt problem,
leveraging money we do not have, to create a fund, which will then borrow several times that amount,
in order to buy enormous amounts of new debt that we will need to issue.&raqu
in order to buy enormous amounts of new
debt that we will need to issue.»
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.
Debt leveraging is depicted as the easiest and even the surest way to accumulate wealth — going into debt to buy assets whose prices are being inflated on credit, or to spend in the hope of paying out of rising and more easily earned future inc
Debt leveraging is depicted as the easiest and even the surest way to accumulate wealth — going into
debt to buy assets whose prices are being inflated on credit, or to spend in the hope of paying out of rising and more easily earned future inc
debt to buy assets whose prices are being inflated on credit, or to spend
in the hope of paying out of rising and more easily earned future income.
The company has struggled to pay down nearly $ 8 billion
in debt - much of it dating back to a 2005
leveraged buyout - and has had trouble finding a buyer.
At Bear, Stearns & Co., Mr. Abbott served as a Vice President
in Financial Analytics & Structured Transactions (F.A.S.T) where he structured and reverse engineered complex CDO transactions, secured by a wide range of
debt products, including high yield bonds, senior secured
leverage loans, trust preferred bank loans, RMBS as well as other esoteric receivables.
By the time this point has been reached, the financial managers have paid themselves outsized salaries and bonuses, and cashed
in their stock options — all subsidized by the government's favorable tax treatment of
debt leveraging.
And thirdly, of course, higher
leverage means that monetary policy's impact via its effect on the behaviour of borrowers will be bigger than
in the past — especially
in a country like Australia where the majority of household
debt is at floating rates.
By
leveraging some advantages that our college provides
in terms of housing and healthcare as well as making some sacrifices (to live
in the student housing which not have great location and accommodations), we are able to stay
debt free and build our net worth.
Debt Equity Ratio - How much a company leveraged, or in debt, by comparing what owed to what is owned is debt equity ra
Debt Equity Ratio - How much a company
leveraged, or
in debt, by comparing what owed to what is owned is debt equity ra
debt, by comparing what owed to what is owned is
debt equity ra
debt equity ratio.
In fact, certain types of loans will require that a business maintain a balance of equity and debt (called «leverage ratio») that is appropriate for the stage of business and the industry in which it operate
In fact, certain types of loans will require that a business maintain a balance of equity and
debt (called «
leverage ratio») that is appropriate for the stage of business and the industry
in which it operate
in which it operates.
In addition to common equity and senior
debt, we offer subordinated financing solutions to increase your
leverage.
Last year, iHeartMedia flagged «substantial doubt» about its ability to continue as a going concern, as it struggled to get out from under a massive
debt load it took on as part of a
leveraged buyout of billboard company Clear Channel Outdoor
in 2008.
What is to stop U.S. banks and their customers from creating $ 1 trillion, $ 10 trillion or even $ 50 trillion on their computer keyboards to buy up all the bonds and stocks
in the world, along with all the land and other assets for sale,
in the hope of making capital gains and pocketing the arbitrage spreads by
debt leveraging at less than 1 % interest cost?
-- Goethe What is to stop U.S. banks and their customers from creating $ 1 trillion, $ 10 trillion or even $ 50 trillion on their computer keyboards to buy up all the bonds and stocks
in the world, along with all the land and other assets for sale,
in the hope of making capital gains and pocketing the arbitrage spreads by
debt leveraging at less than 1 % interest cost?
In addition to senior
debt, we offer second lien loans as a subordinated financing solution to increase your
leverage.
We also expect to repurchase approximately $ 200 million to $ 250 million of our stock
in fiscal 2013 while maintaining the
debt leverage ratio
in the middle of our targeted range.
Nearly half of the
debt was used to pay nearly $ 350 million
in dividends to Morgan Stanley Private Equity, which acquired Tops
in a
leveraged buyout
in 2007 and owned the company until it sold to Tops management
in another
leveraged buyout
in late 2013.
PE firm Lone Star had acquired Bi-Lo
in a
leveraged buyout, announced
in late 2004, that loaded the company up with
debt.
Bank of America warns that the CSPP could «quickly become its own worst enemy,» fueling a rise
in leveraged buyouts — because «cheap
debt can suddenly make unviable candidates appear «viable» for private equity» — and increasing volatility
in credit spreads.
Based on recent corporate
leverage, this decline
in the cost of
debt would increase the typical company's return on equity by more than four percentage points.