Not exact matches
If shares outstanding stop declining
as buyback activity recedes and net
equity issuance turns positive, it will put more onus on the numerator — the actual earnings — to propel earnings per share higher.
Adjusted Net Income is defined
as net income excluding (i) franchise agreement amortization, which is a non-cash expense arising
as a result of acquisition accounting that may hinder the comparability of our operating results to our industry peers, (ii) amortization of deferred financing costs and debt
issuance discount, a non-cash component of interest expense, and (gains) losses on early extinguishment of debt, which are non-cash charges that vary by the timing, terms and size of debt financing transactions, (iii)(income) loss from
equity method investments, net of cash distributions received from
equity method investments, (iv) other operating expenses (income), net, and (v) other specifically identified costs associated with non-recurring projects.
Non-cash interest expense related to convertible notes - We record the accretion of the debt discount related to the
equity component and amortization of
issuance costs
as non-cash interest expense.
Business credit has been falling, but this has been more than offset by increases in non-intermediated sources of funding, such
as equity raisings and corporate bond
issuance.
Furthermore, the rules governing companies listed on the NYSE and incorporated under Delaware law require us to submit certain matters to a vote of shareholders for approval, such
as mergers, large share
issuances or similar transactions, and the approval of
equity - based compensation plans.
The table above does not include (i) 5,952,917 shares of Class A common stock reserved for
issuance under our 2015 Incentive Award Plan (
as described in «Executive Compensation — New Employment Agreements and Incentive Plans»), consisting of (x) 2,689,486 shares of Class A common stock issuable upon exercise of options to purchase shares of Class A common stock granted on the date of this prospectus to our directors and certain employees, including the named executive officers, in connection with this offering
as described in «Executive Compensation — Director Compensation» and «Executive Compensation — New
Equity Awards,» and (y) 3,263,431 additional shares of Class A common stock reserved for future
issuance and (ii) 24,269,792 shares of Class A common stock issuable to the Continuing SSE
Equity Owners upon redemption or exchange of their LLC Interests
as described in «Certain Relationships and Related Party Transactions — SSE Holdings LLC Agreement.»
Revenue from
equities trading
as well
as advising on mergers, IPOs and debt
issuance helped fuel gains at the investment bank, with UBS saying the results would have been even stronger excluding currency effects.
The three
equity incentive plans described in this section are the 2010 equity incentive plan, or the 2010 Equity Plan, the 2010 stock incentive plan, or the 2010 Stock Plan, and the 2000 stock option / stock issuance plan, as amended, or the 2000
equity incentive plans described in this section are the 2010
equity incentive plan, or the 2010 Equity Plan, the 2010 stock incentive plan, or the 2010 Stock Plan, and the 2000 stock option / stock issuance plan, as amended, or the 2000
equity incentive plan, or the 2010
Equity Plan, the 2010 stock incentive plan, or the 2010 Stock Plan, and the 2000 stock option / stock issuance plan, as amended, or the 2000
Equity Plan, the 2010 stock incentive plan, or the 2010 Stock Plan, and the 2000 stock option / stock
issuance plan,
as amended, or the 2000 Plan.
We also intend to register all shares of common stock that we may issue under our
equity incentive plans, including 5,448,749 shares reserved for future
issuance under our
equity incentive plans
as of May 15, 2010.
In addition, we also recorded Related - Party Warrants at fair value of $ 83.4 million on the date of
issuance as a reduction to the carrying amount of the related - party debt and a corresponding increase to stockholders»
equity.
5,448,749 shares of common stock reserved
as of May 15, 2010 for future
issuance under our
equity incentive plans; and
This innovative structure includes a replenishment feature, which allows BXMT to maintain the 82 % advance rate of the initial loans and the CLO
issuance (coupled with the $ 392 million
equity raise in December) reduced BXMT's debt - to -
equity ratio to only 2.0 x (down significantly from 2.6 x
as of 9/30).
These concerns might recently have been exacerbated by changes in the pattern of corporate financing: in countries in which the swap spread has increased the most — the US and UK — growth in private sector bond
issuance has been relatively large, while net
equity issuance has been low (or even negative
as in the United States).
Provide a foundation for more advanced modeling courses such
as for Leveraged Buyout Analyses, Mergers & Acquisitions,
Equity or Debt
issuance and other complex financial applications
Perpetual step - up preference shares (which are classified
as equity for tax and accounting purposes) have accounted for the majority of
issuance by both financial and non-financial institutions since the previous Statement.
The
equity market recouped some of yesterday's loss
as the entire trading day was position squaring ahead of the German Constitutional Court rendering its decision on the constitutionality of the ESM and the role of ECB moves to buy the primary
issuance of European sovereign debt.
Australia ranks second only to China in
equity capital markets
issuance in the Asia - Pacific region (excluding Japan) this year,
as the region's rise in
issuance mirrors a broader global increase.
Thinking of bonds
as having sold a put option to the
equity, why not look at the amount that the stocks of the companies issuing the bonds had fallen in price since
issuance of the bonds?
Here's an example from American Capital Agency's (NASDAQ: AGNC) 2013 annual filings:» [W] hile our stockholders bear the risk of our future
equity issuances... diluting the value of their stock holdings in us, the compensation payable to our Manager will increase
as a result of future
issuances of our
equity securities.»
'' [W] hile our stockholders bear the risk of our future
equity issuances... diluting the value of their stock holdings in us, the compensation payable to our Manager will increase
as a result of future
issuances of our
equity securities.»
Therefore, EPR must still balance debt
issuances with
equity issuances to keep its debt metrics roughly the same
as they are today.
We regularly draft and negotiate documentation for the financial transactions in which businesses are involved, such
as public and private debt and
equity arrangements, initial and follow - on public offerings, bank financing, and the
issuance of convertible debt or hybrid securities.
With chapters written by local experts from major jurisdictions worldwide,
Equity Derivatives covers topics such as: regulatory authorities; market structure; categories and types of over-the-counter and exchange - traded equity derivatives; borrowing, selling, and repurchasing shares; risks facing dealers and counterparties; bankruptcy and insolvency rules; reporting obligations; insider trading regulations; taxation issues; and the design and issuance of structured pro
Equity Derivatives covers topics such
as: regulatory authorities; market structure; categories and types of over-the-counter and exchange - traded
equity derivatives; borrowing, selling, and repurchasing shares; risks facing dealers and counterparties; bankruptcy and insolvency rules; reporting obligations; insider trading regulations; taxation issues; and the design and issuance of structured pro
equity derivatives; borrowing, selling, and repurchasing shares; risks facing dealers and counterparties; bankruptcy and insolvency rules; reporting obligations; insider trading regulations; taxation issues; and the design and
issuance of structured products.
The compensation payable to NSAM will increase
as a result of future
issuances of
equity securities, even if the
issuances are dilutive to existing stockholders.