Sentences with phrase «if investment grade credit»

Not exact matches

[22] If the total amount of debt in the project is less than $ 75 million, then the applicant must obtain only one investment - grade rating on the senior obligations and one rating on the TIFIA credit instrument from a Credit Rating Acredit instrument from a Credit Rating ACredit Rating Agency.

[21] If the TIFIA credit assistance is the senior and / or the only debt in the project, then it must receive two investment grade ratings.

-» (A) IN GENERAL. - To be eligible for assistance under this chapter, a project shall satisfy applicable creditworthiness standards, which, at a minimum, shall include -» (i) a rate covenant, if applicable;» (ii) adequate coverage requirements to ensure repayment;» (iii) an investment grade rating from at least 2 rating agencies on debt senior to the Federal credit instrument; and» (iv) a rating from at least 2 rating agencies on the Federal credit instrument, subject to the condition that, with respect to clause (iii), if the total amount of the senior debt and the Federal credit instrument is less than $ 75,000,000, 1 rating agency opinion for each of the senior debt and Federal credit instrument shall be sufficient.»

[191] If the TIFIA credit instrument is proposed as the senior debt, then it must receive two investment grade ratings, unless the total amount of the debt is less than $ 75 million, in which case only one investment grade rating is required.

Note that if the total amount of the RRIF direct loan or loan guarantee is greater than $ 75 million, the applicant must provide an investment grade rating on the RRIF credit instrument from at least two Credit Rating Agencies for the DOT to incorporate such ratings into its calculation of the CRP (45 U.S.C. § 822 (f)(3)(C)credit instrument from at least two Credit Rating Agencies for the DOT to incorporate such ratings into its calculation of the CRP (45 U.S.C. § 822 (f)(3)(C)Credit Rating Agencies for the DOT to incorporate such ratings into its calculation of the CRP (45 U.S.C. § 822 (f)(3)(C)-RRB-.

If a bond has a high credit rating, it belongs to the «investment - grade» (or IG) bond space.

If you're comfortable with a little credit risk, use short - term investment - grade corporate bonds to get a little more yield.

An investment grade rating ensures that credit risks are still pretty low, although corporate bonds won't perform as steadily as government bonds if the market ever swoons again like it did in late 2008.

Even if Moody's leaves you an investment - grade rating, I will tell you that there is not enough buying capacity in the bond market for crossover credits of your size.

If a single - tenant development features an investment - grade tenant and a long - term lease — 20 or more years, for example — developers may be able to maximize leverage with credit tenant lease (CTL) financing.