Sentences with phrase «equity swaps in»

Deal - for - equity swaps In a debt - for - equity swap, some of a firm's debt is cancelled and lenders are given shares.
During this time we often also see informal kinds of partial debt forgiveness, for example when sovereign borrowers have repurchased their obligations in the secondary market at steep discounts, often secretly, or exchanged their obligations for other assets at a discount, for example the famous debt / equity swaps in several Latin American countries in the 1980s (see footnote 3).

Not exact matches

The creditors of Atlas Iron have voted in favour of the iron ore miner's proposed debt - for - equity swap, with the fate of the scheme, and the company, now in the hands of shareholders who will vote next week.
As of Sept. 22, 77 companies in China had conducted debt - for - equity swaps worth more than 1.3 trillion yuan ($ 196.48 billion), Reuters reported.
In addition, a debt - for - equity swap program was announced in 2016 to curb the rise in corporate debIn addition, a debt - for - equity swap program was announced in 2016 to curb the rise in corporate debin 2016 to curb the rise in corporate debin corporate debt.
Instead, structure the investment as convertible debt: a loan that gets swapped for equity in the next big round of financing, says David Cohen, a venture capital investor and CEO of TechStars, a Boulder, Colorado - based angel fund.
To consolidate its foothold in domestic or even the global market, the music group has just reached an equity swap agreement Spotify ahead of the rumored IPO.
The turnaround is in part due to policy initiatives such as debt - for - equity swaps that helped the largest banks deal with rising debt loads, and a widespread crackdown by the government on shadow banking that has given them an edge over smaller peers.
If no acceptable bids come in, management will try to negotiate a debt - for - equity swap with junior lenders owed $ 289.4 million.
According to a bio on Greylock's website, Humes started the firm in 1995 after working as a banker and trader for Lehman Brothers and Manufacturers Hanover, including stints swapping debt for equity in Latin America and restructuring government debt for the Philippines and Yugoslavia.
If done correctly, with an eye not to achieving political or regulatory objectives but rather to eliminating financial distress costs, these can improve the enterprise value of the borrower; to the extent that the lender participates in the upside (and if the performances of the various equity positons emerging from these swaps are uncorrelated), the lender's net asset position can also improve.
Each such large - scale price raid produces hundreds of millions of dollars in profits for the criminal orchestrators, not just from the futures market, but from the companion options, swaps and equities markets, all of which act in unison, and in a price - predictable up or down manner.
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).
Most equity swaps require periodic payments or in some cases a one - time payment at the time of the swap.
The past several years have featured little more than a gigantic asset swap, the short description being that massive volumes of government debt have been swapped by central banks for massive volumes of idle bank reserves, while massive volumes of low - yielding, covenant - lite debt have been issued into the hands of yield - seeking investors, in order to retire massive volumes of corporate equities at elevated valuations through buybacks.
SACRAMENTO, CA, April 6, 2017 - RiceBran Technologies (NASDAQ: RIBT and RIBTW)(«RBT»), a global leader in the production and marketing of value added products derived from rice bran, today announced that it reached an agreement on Friday, March 31, 2017, with Alothon Group, LLC («Alothon»), its minority co-investor in Nutra SA, that terminated Alothon's roll - up rights, a process that would have allowed Alothon to swap its equity position in Nutra SA for an equivalent value of RiceBran Technologies common stock.
SACRAMENTO, CA, April 6, 2017 — RiceBran Technologies (NASDAQ: RIBT and RIBTW)(«RBT»), a global leader in the production and marketing of value added products derived from rice bran, today announced that it reached an agreement on Friday, March 31, 2017, with Alothon Group, LLC («Alothon»), its minority co-investor in Nutra SA, that terminated Alothon's roll - up rights, a process that would have allowed Alothon to swap its equity position in Nutra SA for an equivalent value of RiceBran Technologies common stock.
In a taxable account it almost certainly a mistake to swap out an equity ETF now.
The Fund may engage in active and frequent trading of portfolio securities to achieve its investment objective... the Fund will invest in a portfolio of securities including: equities, debt, warrants, distressed, high - yield, convertible, preferred, when - issued... options, total return swaps, credit default swaps, credit default indexes, currency forwards, and futures... ETFs, ETNs and commodities.»
In total return swaps, the underlying asset, referred to as the reference asset, is usually an equity index, loans or bonds.
Enbridge intends to swap $ 11.4 billion in common shares for the equity it does not already own in its four publicly traded master limited partnership (MLP) subsidiaries: Spectra Energy Partners LP, Enbridge Energy Partners LP, Enbridge Energy Management LLC and Enbridge Income Fund Holdings Inc..
It then «swaps» the returns of these equities for the returns of the global dividend portfolio, which is in fact held by National Bank.
In his 2008 letter, Buffett disclosed that Berkshire was a party to 251 derivative contracts consisting of equity puts, credit default swaps, and others.
Excluded from the Index are non-corporate bonds, structured notes with embedded swaps or other special features, bonds with equity - type features (e.g., warrants, convertibility), floating - rate issues, Eurobonds, defaulted bonds, zero coupon bonds and payment in kind securities.
It gains exposure to asset classes by investing in more than 100 futures contracts, futures - related instruments, forwards and swaps, including, but not limited to, equity index futures and equity swaps; bond futures and swaps; interest rate futures and swaps; commodity futures, forwards and swaps; currencies and currency futures and forwards, either by investing directly in those Instruments, or indirectly by investing in the Subsidiary that invests in those Instruments.
A debt - equity swap involves the exchange of debt for equity; in the case of a publicly traded company, this would mean bonds for stocks.
Registered plan sponsors have been limited in their asset swaps under the FPR due to their use of their foreign content exposure for their equity portfolios.
In modern (financial) markets, «producers» of interest rate swaps or equity derivative products will use financial futures or equity index futures to reduce or remove the risk on the swap.
Investors and financial advisors also use HXT for tax - efficient exposure to Canadian equities in non-registered investment portfolios, since the swap provides a total return to the index but no dividend income is paid out, which is otherwise taxable.
1) The bondholders could voluntarily agree to move a portion of their claims lower down in the capital structure, swapping debt for equity (preferred or common), allowing the bank to have a larger cushion of Tier - 1 capital, avoiding insolvency, and hopefully allowing the bank to recover by its own bootstraps, preferably assisted by debt restructuring on the borrower side (via property appreciation rights and the like).
In a Total return swap, the underlying asset, referred to as the reference asset, is often an equity or bond index.
The Fund may also engage in other currency transactions such as currency futures contracts, currency swaps, options on currencies, or options on currency futures, or it may engage in other types of transactions, such as the purchase and sale of exchange - listed and OTC put and call options on securities, equity and fixed - income indices and other financial instruments; and the purchase and sale of financial and other futures contracts and options on futures contracts.
Enbridge intends to swap $ 11.4 billion in common shares for the equity it does not already own in its four publicly traded master limited partnership subsidiaries
You can take fixed income investments and swap them for equities in the RRSP.
You sell three of them to your publicly listed company, using letters of credit opened by your brother - in - law at the bank, then execute a debt / equity swap with an associated general offer so that you get all four cows back, with a tax exemption for five cows.
The pre-packaged bankruptcy moved through the court quickly, entering in January and emerging in mid-February, in a debt - for - equity swap that saw the holders of about $ 600 million of Homer City debt become the new owners.
Kenya Airways has undergone a complex and contentious USD 2 billion financial restructuring; the intricate deal saw through a variety of things, such as: re-profiling of payments owned to various lenders; a debt - for - equity swap and the agreement of a new financial facility from Kenyan banks, which thus placed the airline largely in shared ownership between Kenya's government, owning 48.9 % and a consortium of 11 Kenyan commercial banks owning 38.1 %
He advises investment banks, corporations and hedge funds in the structuring, negotiation and execution of high - yield debt, affiliate margin loans, equity derivatives and other structured financial products, including over-the-counter derivative products, registered and Rule 144A mandatory and optional convertible securities and variance and correlation swaps.
However, we have experience litigating cases involving many other esoteric financial products such as: • Collateralized debt obligations • Credit default swaps • Structured currency derivatives • Structured notes • Equity derivatives • Barrier options • Basket options • Synthetic collateralized debt obligations • Knock in and knock out options
With that you will want to carefully consider your options before investing part of the value of your home in your child's education or the stock market, swapping credit card debt for a home equity loan, or leveraging your home to start a new business.
Utilize data from multiple sources in order to resolve pricing disputes and ensuring accurate processing of corporate actions for equity swap clients
Strong experience in CRD 2,3,4, Basel 3, Uncleared Margin Reporting, Margin, Data Migration, Trade applications Migration, Securitized Trading (ABS, CMBS, RMBS), Foreign Exchange (FX - Spot, FX - Swaps, FX - Forwards), Fixed Income (Bonds), Equities, Derivatives (Options, Swaps), Wealth Management & Prime Brokerage (Margin, Security Lending, Settlement) & Prime Brokera...
The new asset must be a like asset, in other words real estate can only be swapped for real estate not commodities or equities.
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