Sentences with phrase «energy sector debt»

Economic growth seems to be on track, especially in the U.S., but it remains tentative and several potential catalysts (e.g., a terrorist attack, bad news from China, saber rattling from an emboldened Russia, a wave of energy sector debt defaults) could undermine growth and trigger a long overdue correction.

The remaining GHs 4 billion was issued in a swap deal with banks which held the energy sector debt.

Not exact matches

With so many beaten - up balance sheets in the Canadian energy sector, investors have to consider a company's debt level too.

The sell - off originated in the energy sector, as oil prices plummeted and oil and gas companies struggled to pay of their debts.

Even if China's debt and real estate bubbles don't pop, resulting in a global recession, slowing economic growth from China could have a detrimental effect on long - term energy prices and result in prolonged weakness in the entire energy sector, including oil services suppliers such as U.S. Silica.

We also issued 7 year and 10 year cedi - denominated bonds, totaling GH cents 4.7 billion, which have halved the $ 2.4 billion energy debt we inherited, and have helped improve the liquidity of the banks, and the balance sheets of the SOEs in the energy sector.

In the same month, we announced a $ 2.4 million bond to clear legacy debts in the energy sector, translates that to Ghc12billion.

Mr. Speaker, Government streamlined ESLA flows to accommodate all the existing legacy debts (about GH cents 10 billion) owed by the energy sector firms to banks and suppliers, and took steps to issue an ESLA - backed bond to pay off these debts.

Mr. Speaker, Government also sponsored the issuance ofCedi - denominated medium - to - long - term bonds (7 and 10 year bonds) on the back of the ESLA receivables to facilitate the clearance of the sector's legacy debts.Again, the Akufo - Addo Government is determined to turn away from the mismangement of the energy sector in the past which led to the accumulation of billions of debts by entities, such as BOST, to managing these startegic entities with integrity and efficiency.

The cycle of debt - inspired power cuts has plagued Ghana's energy sector.

According to him the levy will be needed to «extinguish» the web of debt in the energy sector.

Energy sector wide approach The Deputy Minister of Power, Mr John Jinapor, in his remarks, indicated that the government had adopted the energy sector wide approach which involved consolidating all debts by the power sector to pay theEnergy sector wide approach The Deputy Minister of Power, Mr John Jinapor, in his remarks, indicated that the government had adopted the energy sector wide approach which involved consolidating all debts by the power sector to pay theenergy sector wide approach which involved consolidating all debts by the power sector to pay them off.

Government currently has an outstanding debt which was part of the report the Minister of Finance submitted to Parliament which are all within the energy sector.

Although he could not give the quantum of debts owed by the companies, he said the were being consolidated to enable the government to clear them within a period of three to five years from collections from energy sector levies.

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 theenergy sector SOEs by leveraging the Energy Debt Recovery Levy component of theEnergy Debt Recovery Levy component of the EDebt Recovery Levy component of the ESLA.

«We have inherited a heavily indebted energy sector with a net debt reaching $ 2.4 bn as of December 2016.

Speaking during his vetting at Parliament House on Monday, Mr. Boakye Agyarko said: «The energy sector we find now is seriously cash - strapped to the extent that we now live in a debt merry go round.»

These are problems of inclusive economic growth to address unemployment, decline in the agriculture sector, rising cost of living, collapsing businesses, the energy crisis («dumsor») unsustainable debt, poor infrastructure, rising interest rates exchange rate depreciation, rising fiscal and balance of payments deficits, and corruption.»

My previous picks include CQS New City High Yield, which holds bonds, shares and preference shares; Gravis Clean Energy, which invests in renewables; infrastructure - debt fund Sequoia Economic Infrastructure; medical - facilities fund MedicX; and HICL, which backs public - sector infrastructure.

Barr highlighted the fund's distressed debt investments in the energy sector, which were entered into earlier in 2016 when oil prices sold off dramatically.

The much - battered energy sector retreated another 0.31 per cent and now is down about 30 per cent year to date in a sell - off that has lumped high - quality, low - cost producers with companies that are more vulnerable to low oil prices because of higher debt and production costs.

The energy sector alone has $ 248 billion in junk bond debt — some of the riskiest debt there is!

This 50 MW wind farm is Mongolia's first renewable energy project developed by the private sector, and has been supported by the EBRD with both equity and debt funding.

With more than 20 years of experience, Ed Christian advises a variety of entities, including investment funds, portfolio companies, lenders and borrowers, business development companies (BDCs), airlines, and lessors and lessees on complex debt and equity transactions in the alternative finance, leveraged finance, aviation, transportation, energy and capital equipment sectors.

As the energy sector continues to thrive with several offshore oil mega-projects, Newfoundland and Labrador Premier Danny Williams — affectionately known as Danny Millions — is taking a page from Alberta's songbook, determined to negotiate a greater share of oil and gas revenues to pay down his province's $ 12 - billion debt.

If that came about and some of the low grade corporate debt in the oil sector or energy sector started defaulting, potentially, you would have some sort of financial crisis that is unrelated to real estate.