As the commercial real estate industry continues to worry about all
those debt maturities coming up in 2010 and 2011, the Federal Deposit Insurance Corp. (FDIC) is one step closer to issuing guidelines for banks...
Not exact matches
For years, friendly
debt markets have allowed issuers to push the «
maturity wall» — where tons of bonds
come due simultaneously across the high - yield market.
Neiman Marcus does not face any significant
debt maturities until 2020, when a term loan of nearly $ 3 billion
comes due, giving its private equity owners Ares Management LP (ARES.N) and Canada Pension Plan Investment Board (CPPIB) time to try to turn the business around.
The refinancing pushed back the
maturity of
debt coming due in 2013 and 2014.
French President Francois Hollande cited «the lengthening of
maturities, or re-profiling of the
debt,» saying that «it needs to be indicated as a forthcoming step,» albeit not in the
coming days.
stocks that pay a fixed dividend; have dividend and asset preference over common stocks, but behind
debt in the case of bankruptcy; generally does not
come with voting rights; either perpetual (have no
maturity) or
maturities of 30 years or more; can be callable
While the company only has $ 41 million in cash on hand compared to $ 6.4 billion of
debt and annual dividend payments in excess of $ 500 million, it maintains a relatively conservative
debt maturity schedule with nothing major
coming due until 2020 (see below).
The US is slightly ahead of Europe, but there's still plenty of action to
come in US banking / FDIC assets & the impending wall of real estate
debt maturities.
Net - net is defined as net working capital (current assets minus current liabilities) minus the long - term portion of
debt — i.e.,
debt with
maturity of greater than one year in the future (
debt coming due within one year is part of current liabilities).
This one only requires us to pay the interest on the
debt each month, and the rest is up to us until the
maturity date
comes around — a good 15 years away;)(We also have the option of converting any portion to a fixed - rate loan w / a current rate of 4.85 % too, if we choose.)
Billions in CMBS
debt comes to
maturity this year, but many of those assets may not
come to market.
As of the second quarter, only 4.1 percent of the $ 770 billion in outstanding CMBS
debt needed to be refinanced, according to Reis, but the number will climb as
maturities on loans made in 2006 and 2007 begin to
come up.
«There's so much stuff
coming due that I think REITs will be able to find some nuggets within the CMBS
debt maturity pool, and they'll be able to make some good acquisitions,» Moore said.