«What threw us off was a couple of major transactions that you won't normally see and that we didn't participate in,» says Jon Vaccaro, global head of the real estate
debt markets for Deutsche Bank.
Together, those two types of investments total $ 2 trillion of the Fed's portfolio and have the potential to affect liquidity in
the debt markets for both residential and commercial real estate, notes Jim Costello, senior vice president with Real Capital Analytics, a New York City - based research firm.
Biggest disadvantage small guys like us have is the inability to access
the debt markets for the purposes of investing.
She has written about
debt markets for Bloomberg News since 2010.
The impact of low energy prices is rippling through
the debt markets for bonds issued by energy related companies.
«We continue to find very aggressive capital in
the debt markets for transactions of this caliber.»
The amount of money raised in equity and
debt markets for exploration companies is down -33.4 % over the same timeframe.
The continent has struggled to develop high - yield
debt markets for growth companies below investment grade, and what it did achieve is collapsing in 2016.
(at 129) He elaborates on the objectives of the OMT programme as monetary policy measures, which trigger the transmission mechanism and have an impact on interest rates on government bonds of specific countries, and states that all these objectives were, with regard to the deterioration of the sovereign
debt market for several states in summer 2012 legitimate.
The loan - to - values (LTVs) on construction loans provided by banks have decreased from a range of 55 to 65 percent previously to a range of 45 to 55 percent today, according to an analysis from JLL on the state of
the debt market for hotels.
Not exact matches
The strong dollar was felt widely across commodity
markets and the emerging economies that are now borrowing record amounts of
debt in the U.S. currency — $ 3.7 trillion according to the latest figures this week from the Bank
for International Settlements.
To identify these companies, we look
for stocks that have a minimum
market capitalization of $ 1 billion with an A +
debt rating from at least one of the
debt - rating agencies.
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.
In its latest Annual Report, it argued that «even if inflation does not rise, keeping interest rates too low
for long could raise financial stability and macroeconomic risks further down the road, as
debt continues to pile up and risk - taking in financial
markets gathers steam.»
Actual operational and financial results of SkyWest, SkyWest Airlines and ExpressJet will likely also vary, and may vary materially, from those anticipated, estimated, projected or expected
for a number of other reasons, including, in addition to those identified above: the challenges and costs of integrating operations and realizing anticipated synergies and other benefits from the acquisition of ExpressJet; the challenges of competing successfully in a highly competitive and rapidly changing industry; developments associated with fluctuations in the economy and the demand
for air travel; the financial stability of SkyWest's major partners and any potential impact of their financial condition on the operations of SkyWest, SkyWest Airlines, or ExpressJet; fluctuations in flight schedules, which are determined by the major partners
for whom SkyWest's operating airlines conduct flight operations; variations in
market and economic conditions; significant aircraft lease and
debt commitments; residual aircraft values and related impairment charges; labor relations and costs; the impact of global instability; rapidly fluctuating fuel costs, and potential fuel shortages; the impact of weather - related or other natural disasters on air travel and airline costs; aircraft deliveries; the ability to attract and retain qualified pilots and other unanticipated factors.
Musk, 46, said he won't need to go back to equity or
debt markets this year to seek additional funds
for Tesla, but crossing Wall Street may be a bad idea.
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.
The sell off in the
market for high yield
debt, or junk bonds, is now hitting a type of structured bond that is similar to the the type that blew up in the financial crisis.
On Monday, the yen slid towards 99 per dollar, its lowest in nearly four years, as
markets prepared
for the BOJ to start buying about 70 percent of
debt issued by the government.
Benoit Coeure, executive board member of the European Central Bank (ECB), told reporters Friday that the clearer the
debt measures are, the easier it will be
for Greece to regain
market access.
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.
Energy companies make up a significant portion of
market for risky corporate
debt.
The pressure to put money into the industry has created ideal conditions
for fundraising, which is why we have such a high amount of dry powder and that's creating even more intense competition
for deals along with continued favorable credit
markets which allow
for cheap
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.
That year was a rocky one
for markets, with the European Union
debt crisis spooking investors and fund managers alike.
There's no new theme to it, just more riffs on the old one of a self - reinforcing spiral of slower growth in China crushing the economies of its raw material suppliers, while an appreciating dollar makes it ever harder
for emerging
market companies and governments to repay the
debts they gleefully took on when the Federal Reserve was giving away dollars
for free.
With other big acquisition funding still in the pipeline, it was crucial
for banks to set a positive tone
for investment - grade
debt and lure buyers back into a struggling
market.
Just this week, shares of
debt - laden and intermittently - profitable carmaker Tesla, which delivered just 76,230 vehicles in 2016, managed to become more valuable than GM
for a few moments in the eyes of the
market.
Without the presence of U.S. banks, the
market for sovereign
debt could become less liquid, and borrowing costs
for governments could rise.
Failure to agree on
debt relief
for Greece would not only make Greece's return to the
markets more abrupt but could also compromise the credibility of providing financial assistance to European countries.
More from Advisor Insight: Americans go on more drunk shopping sprees Scammed taxpayers agree to pay IRS «
debt» on iTunes cards
Market shocks should be wake - up call
for investors
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.
Flaherty worries about U.S.
debt, too, calling it a «persisting concern»
for Canada and highlighting the government's interest in other foreign
markets.
Maximilian Hess, senior analyst
for political risk and intelligence, Europe and Eurasia, at AKE International, discusses the Russian
debt market.
Cowen research downgraded United Technologies to
market perform from outperform on Wednesday, citing the jet - engine maker's «hefty» deal price
for Rockwell Collins and increased
debt load following the proposed deal.
It also finished the year top of the table
for debt capital
markets revenue, equity capital
markets revenue, and syndicated loans revenue, according to figures from Dealogic.
And to Sonders, financing conditions
for buybacks through investment - grade
debt will likely last long enough
for markets to find other sources of demand.
And then you spend the rest of your life not knowing what
debt capital
markets are and what your new friend does
for a living because you're too afraid to ask.
The Penn Wharton Budget Model predicts the added
debt eventually would reduce economic growth, as money that might have been spent on productive investment instead ends up in the
market for government bonds.
But with interest rates still near all - time lows, and only moving up slightly on the Trump news, it seems the
market still thinks there is appetite
for all that
debt, or that the U.S. economy will grow fast enough to justify it.
Moody's has today also placed Spain's Baa3 government bond rating on review
for possible further downgrade in order to assess the implications of several factors on the Spanish government's ability to continue to fund its borrowing requirements in the private
debt markets.
What's more,
for this to work, the person who rents has to actually invest money they would have put into a downpayment into the stock
market, as well as all the principal payments they would have made to pay down the
debt.
If the real pain is felt only in the bond
market, it will be harder
for the city to have access to
debt in the future to fund its renaissance.
The less MC vs. EV, the less residual shareholders» value (above what
debt holders can claim) the
market is pricing - in
for the company.
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.
The chain was able to keep refinancing its
debt for years, but attempts to take Toys «R» Us public fizzled and its stature as
market leader kept eroding.
Crushed by
debt and
market share losses, Toys «R» Us filed
for bankruptcy protection in September.
Yields in the $ 14 trillion
market for U.S. government
debt touched record lows in 2016, driven by years of aggressive central bank intervention in the wake of the 2008 - 2009 financial crisis to keep interest rates low to stimulate the economy.
That may explain why Japan's Suntory jumped ahead of a number of European suitors, including France's Pernod Ricard, to bid
for Beam last month — offering to pay Beam stockholders $ 83.50 per share, a 25 % premium over the stock's then -
market price of around $ 67, in addition to assuming some $ 2.4 billion in company
debt.
He then moved back into banking, eventually becoming global head of the financing group, the unit that houses the equity and
debt capital
markets businesses,
for six years from 2008 to 2014.