Sentences with phrase «debt restructurings by»

He has worked on public and private debt and equity offerings, exchange offers and debt restructurings by U.S. and non-U.S. issuers in a variety of industries.

Not exact matches

Valeant is currently attempting a massive restructure and debt payoff, including by focusing on key portfolios like its gut, skin, and eye drug franchises.
A large share of Italian debt issued under domestic legislation does not have any contract terms and is regulated by an Italian law that gives the Italian Treasury ample latitude to restructure the debt... The composition of Italian public, however, is changing rapidly because in January 2013, Eurozone members started issuing bonds with standardized contract terms.
An independent expert's report into Atlas Iron's debt restructure plan has found lenders would get a much lower dividend if the scheme isn't approved by creditors later this month.
The economist - who once described the austerity imposed by Greece's creditors as «fiscal waterboarding» - said his new MeRA25 party would revive the economy through debt restructuring and other measures.
SINGAPORE, April 29 - Noble Group will set a date for a special meeting to seek shareholder approval for a $ 3.4 billion debt restructuring after a Singapore court blocked its scheduled annual meeting following legal action by a dissident shareholder.
Local efforts by GDB and other Puerto Rican debt issuers to reach a debt restructuring are running in parallel with plans in the U.S. Congress to draft legislation aimed at solving the island's economic crisis, possibly by allowing it to restructure debt and putting its finances under federal oversight.
So it needs to restructure its debts, and creditors are going to get their heads handed to them, and a bankruptcy filing is now the chosen mechanism by which to do this.
But the warning by the governor about a broad restructuring raised new questions about the government's willingness to pay the debt owed by Prepa and other government enterprises on the island.
Madrid can confound elite consensus and move aggressively to restructure Spain's external debt while redefining its participation in the euro, for example by leaving the euro while committing credibly (i.e. with German support) to rejoin the currency union at some specified future date.
That's likely because any restructuring deal that could conceivably return the company to health required such a massive write - down in debt that debtholders hoped to get more of their money back by simply selling off the company's assets.
In my first week as minister for finance I was visited by Jeroen Dijsselbloem, president of the Eurogroup (the eurozone finance ministers), who put a stark choice to me: accept the bailout's «logic» and drop any demands for debt restructuring or your loan agreement will «crash» — the unsaid repercussion being that Greece's banks would be boarded up.
Birchbox's executive team led by Beauchamp believes the company's move toward profitability, coupled with the debt restructuring, gives it a good shot at remaining independent and potentially raising more capital, according to sources.
Unfortunately, Mr. Krugman's failure to see today's economic problem as one of debt deflation reflects his failure (suffered by most economists, to be sure) to recognize the need for debt writedowns, for restructuring the banking and financial system, and for shifting taxes off labor back onto property, economic rent and asset - price («capital») gains.
For a third example, not everyone in the early 1960s believed that the USSR would inevitably overtake the US economically before the end of the century, but excluding fierce anti-Communists predicting fire and brimstone, I don't know anyone who expected that by the 1980s the USSR would essentially be insolvent (technically it wasn't, but LDC debt traders nonetheless included the country in their universe of defaulted or restructuring sovereign borrowers).
In July 2014, Debtwire informed that Fortress and other hedge fund companies were trying to take a more active role facing a possible restructuring of the debt acquired by the government of Puerto Rico.
Its creditors have agreed to restructure some of this debt in return for equity, which will reduce the debt by $ 500 million.
Sbarro expects to cut its debt load by more than 80 percent, and said nearly all its lenders support its restructuring, which requires court approval.
They snap up struggling publicly traded companies, with the help of some debt financing, spend a few years turning them around by restructuring or shedding businesses and then they sell them back to public stockholders, ideally at a gain.
Briefly, PROMESA establishes an independent oversight board, provides for a bankruptcy - like debt restructuring process, and requires submission of a Fiscal Plan by Puerto Rico.
Restructured debt backed by Treasuries and issued by emerging market countries after defaulting on original loans.
Puerto Rico would have been left in a bind in which it had no access to the U.S. municipal bankruptcy process but was preempted from enacting any analogous debt restructuring mechanism by Section 903 (1) of that same Bankruptcy Code, per Franklin California Tax - Free Trust.
The U.S. Senate on June 29 approved a bill that will allow Puerto Rico to restructure roughly $ 70 billion of debt in return for accepting involvement by a federal oversight board.
A report on Puerto Rico's financial problems by former International Monetary Fund economists, published by the territory's Government Development Bank on June 29, suggested the U.S. territory reform its labor markets and other areas to improve competitiveness and potentially restructure its debts.
CORPORATE FINANCING NEWS: CORPORATE DEBT By Gordon Platt Distressed debt and bankruptcy restructurings completed in 2012 more than doubled from 2011 to $ 423 billion, according to Thomson ReutDEBT By Gordon Platt Distressed debt and bankruptcy restructurings completed in 2012 more than doubled from 2011 to $ 423 billion, according to Thomson Reutdebt and bankruptcy restructurings completed in 2012 more than doubled from 2011 to $ 423 billion, according to Thomson Reuters.
The debt - restructuring petition was filed by Puerto Rico's financial oversight board in the U.S. District Court in Puerto Rico under Title III of last year's U.S. congressional rescue law known as PROMESA.
The top five debt restructurings of 2012 were Greece and the Tribune Company, followed by Kazakhstan's BTA Bank, Washington Mutual and Mexican cement producer Cemex.
The media and entertainment industry accounted for 34 % of the US debt - restructuring market last year, led by the Tribune Company's $ 13 billion deal.
Through this mechanism, the portion of the debt owed to the Banks amounting to about GHC 800 million was restructured by leveraging some proceeds that had accrued from the levy.
This was restructured by the «Paris Club», and left Russia with a debt of about $ 60 billion.
Republicans suggest restructuring debt, increasing the estimate of sales taxes expected to be collected next year and adopting cost - saving measures proposed by the county's financial control board, the Nassau Interim Finance Authority.
A decade later, Inez Dickens tied her approval of the massive rezoning of 125th Street to the city's agreement to restructure longstanding debt held by the GHHDC into a $ 2.5 million «forgivable loan.»
But in October, the De Blasio administration announced that they'd help staunch that loss by committing $ 250 million to preserve 15,000 units by working with owners to implement repairs and restructure debts.
The governor was joined in Puerto Rico by more than a dozen New York lawmakers and public health leaders who offered advice on how to restructure an economy burdened with $ 72 billion of debt that Puerto Rican leaders do not believe they will be able to repay.
In seven months, he has sufficiently demonstrated his mettle in this regard, by first restructuring the state's exposure to commercial banks, thereby saving the state about N3bn monthly in debt servicing.
As indicated in the Mid-Year Fiscal Policy Review, Mr Ofori - Atta said government planned to restructure the debt of the energy sector SOEs by leveraging the Energy Debt Recovery Levy component of the Edebt of the energy sector SOEs by leveraging the Energy Debt Recovery Levy component of the EDebt Recovery Levy component of the ESLA.
Democrats» efforts to include debt restructuring powers for Puerto Rico in the House's massive omnibus spending bill fell short, yielding only a commitment from Republican leadership to work on legislation that would help the ailing island by next spring.
And NIFA contends that plans to save $ 7.5 million by restructuring county debt would yield only $ 5.5 million in savings next year — leaving a $ 2 million budget gap.
Republicans said they would replace the fee revenue by restructuring county debt; boosting estimates of sales tax revenue; using unspent money from the 2017 budget and reducing police overtime projections.
The school faces a budget crisis that requires it to restructure its debt and cut its operating budget by $ 10 million.
In 1996, in response to these concerns, Varmus, then director of NIH, impaneled a group of experienced clinical investigators and academic health center administrators to make recommendations that might guide the NIH toward policy changes to alleviate the concerns in the clinical research community.14 Several of the panel's recommendations have been implemented, including increased support of the General Clinical Research Center budget, expanded support of training in clinical research, and the establishment of NIH - sponsored educational debt relief programs for clinical investigators.15 - 18 The panel also recommended restructuring of NIH peer review groups so that patient - oriented grant applications would be evaluated by study sections in which at least half the grant applications involve patient - oriented research.
Of course, restructuring mortgage debt by swapping principal for a claim on future appreciation (with the Treasury administering a «conduit fund» to collect, aggregate and disburse those claims) would be one of the best ways of minimizing the need for these bailouts in the first place.
The classic McElvaine holding is a firm of significant size in its own industry, with a reasonable debt load, headed by an owner - CEO who is in the middle of restructuring the company.
Implementation of the Taxpayer Protection and Bank Recapitalization regime that allows a failing bank to be restructured by converting its debt into common stock instead of having taxpayers bail it out
The Scam «We'll reduce your debts by 70 % through a government mandated debt relief program» «We restructure your debt through a 100 % legal program approved by the court» «We work for you and not your creditors» Have you heard of these catchy slogans from debt consultants who will tell you anything you would like to hear?
A few weeks ago, we covered a trending topic in the news — the growing rate of seniors entering retirement in debt — and this week we thought we'd follow it up by discussing the issue of talking about financial restructuring with aging parents.
Now, I must point out: i) Independent News & Media is currently in the throes of a debt & pension restructuring — this could possibly improve things, but I'm not convinced it's going to be sufficient, and / or dilution for existing shareholders might be so bad ultimately the shares might as well be worthless, and ii) I still say my zero valuation for Continental Farmers Group was about right (God, just look at cash, debt & cashflow in their latest results), but shareholders are v fortunately getting bailed out by the Saudis at GBP 36p per share.
I have followed your advice of paying up for confirmation by purchasing some Sirius Real Estate shares after the debt restructuring, although I think the convertible issue put small shareholders on a disadvantage compared to Karoo Investment Funds and fear there is more to come.
The intent was to provide individuals with a procedure for restructuring their personal debts in the same manner that businesses could, by using a simplified version of the proposal to creditors.
a) Disputes filed - 18 months b) Inquiries - 2 years c) Payment profile -5 years d) Information related to a consumers payment behavior such as slow payer, defaulted or absconded - 1 year e) Information relating to the action that a credit provider has taken against a consumer to enforce a debt such as handed over, legal action or write - off - 2 years f) Debt restructuring - Until a clearance certificate is given g) Civil court judgments - 5 years or until the court removes it h) Administration orders (orders to put a consumer under administration)- 10 years or until the court removes it i) Sequestrations (order given by the court where the consumer is insolvent)- 10 years or until the court removes it j) Liquidations (order given by the court where the consumer is insolvent)- no time limit k) Court order removing a liquidation or sequestrations after all the debt was paid - 5 years l) Other information (information not covered above)- 2 years Other Useful Topics Learn how to dispute information on your credit report in South Afrdebt such as handed over, legal action or write - off - 2 years f) Debt restructuring - Until a clearance certificate is given g) Civil court judgments - 5 years or until the court removes it h) Administration orders (orders to put a consumer under administration)- 10 years or until the court removes it i) Sequestrations (order given by the court where the consumer is insolvent)- 10 years or until the court removes it j) Liquidations (order given by the court where the consumer is insolvent)- no time limit k) Court order removing a liquidation or sequestrations after all the debt was paid - 5 years l) Other information (information not covered above)- 2 years Other Useful Topics Learn how to dispute information on your credit report in South AfrDebt restructuring - Until a clearance certificate is given g) Civil court judgments - 5 years or until the court removes it h) Administration orders (orders to put a consumer under administration)- 10 years or until the court removes it i) Sequestrations (order given by the court where the consumer is insolvent)- 10 years or until the court removes it j) Liquidations (order given by the court where the consumer is insolvent)- no time limit k) Court order removing a liquidation or sequestrations after all the debt was paid - 5 years l) Other information (information not covered above)- 2 years Other Useful Topics Learn how to dispute information on your credit report in South Afrdebt was paid - 5 years l) Other information (information not covered above)- 2 years Other Useful Topics Learn how to dispute information on your credit report in South Africa.
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