Sentences with phrase «debts by municipalities»

The volume of real estate debt, auto debt, student loans, bank debt, pension debts by municipalities and states as well as private companies exceed their ability to pay.

Not exact matches

What this means is we've historically avoided exposure to debt issued by poorly - managed municipalities.

A municipal bond is a debt security issued by a state, municipality, or county to finance its capital expenditures.

Puerto Rico does not have access to Chapter 9 bankruptcy protection, the process by which U.S. municipalities renegotiate their debt.

Also called «munis» for short, municipal bonds are debt obligations issued by a state, municipality, or a county to finance its capital expenditures, such as construction of highways, schools, hospitals, and...

All municipalities that take HUD grants are being funded by taxpayer money appropriated by the Federal government which is now $ 17 trillion in debt.

By Joe Lanane Municipalities postponing paying off the debt of their development districts are sacrificing some flexibility to change project plans for the properties.

Similarly, New York is currently engaged in a controversial smoothing or «amortization» program to lessen the pension burden on hard - pressed municipalities by letting them defer some pension debt by up to 10 - to - 12 years.

Bond funds — also called income or fixed - income funds — are a type of mutual fund that invests in bonds and other debt securities issued by organizations such as corporations, governments, and municipalities.

A debt obligation issued by a state, municipality, or local government authority.

Muni bond funds invest in debt issued by cities and other municipalities.

If the federal government goes this route, bond buyers could have additional investment opportunities beyond the debt issued by the affected municipalities.

Issuers, whether they be governments, corporate entities, or municipalities, are generally rated on their credit quality by assessing their cash flow metrics (and their stability) against their debt load.

Through derivatives, they offered a way to lower the current costs of debt by having the municipality sell options against their position that would force costs higher under certain circumstances which seemed unlikely, but were more likely than not.

The Fund's investments include debt instruments issued by a range of noncorporate entities, including government agencies, states, and municipalities, as well as corporate debt.

Notable mandates: Acted for Soltoro Ltd. in connection with its successful disposition by plan of arrangement to Agnico Eagle Mines Ltd.; co-counsel for Trillium Motor World Ltd. in class action against General Motors of Canada Ltd. and Cassels Brock & Blackwell LLP; acted for Canadian Solar Inc. in connection with raising an aggregate of US$ 50 million in equity and US$ 100 million in debt financing for acquisition financing and working capital purposes; external counsel to the Regional Municipality of York, providing a wide range of municipal, real estate, expropriation, litigation, and commercial law advice and services; counsel to minority shareholder of a Nevis LLC worth more than US$ 500 million with respect to a claim for relief from unfair prejudice in litigation in Nevis and the Commercial Division of the Eastern Caribbean Supreme Court in British Virgin Islands, and in contemporaneous related actions in Belize and the United States.

(3) The amount owed by a municipality for the police services provided by the Ontario Provincial Police, if not collected by other means, may be deducted from any grant payable to the municipality out of provincial funds or may be recovered by a court action, with costs, as a debt due to Her Majesty.

Prior to the ruling, «issues had arisen whereby municipalities had adopted policies which not only prejudice individual purchasers or sellers, but also gave municipalities an easy way out of implementing effective debt collection measures, by holding someone else accountable for their failures»

This section discusses the issue of historic debts (thus, older than 24 months) and was used by municipalities to collect debt from new owners.