Sentences with phrase «in bank debt»

Hazlewoods says that another driver of the rise in bank debt among law firms is the pressure applied by banks to convert overdrafts to term loans in order to speed repayments by their law firm clients.

Conditions in the bank debt markets aren't too cooperative now, and I would expect that there won't be too many CDOs done in the next two years.

Under the agreement, Limitless is required to pay its outstanding AED4.45 billion (US$ 1.21 billion) in bank debt in three instalments in December 2016, 2017...

Seadrill said the approved plan, which extends maturities of $ 5.7 billion in bank debts, converts $ 2.3 billion of unsecured bonds to equity and injects $ 1 billion in new debt and equity, would enable the company to take advantage of a market recovery.

Not exact matches

Debt levels for the average Canadian household are moving down (perhaps we've been taking those warnings from the Bank of Canada to heart), and as a result there's been «modest» growth in consumer spending, said Ferley.

U.S. household debt rose to a level not seen in five years in the third quarter of 2013, according to the latest data from the Federal Reserve Bank of New York.

The strong dollar was felt widely across commodity markets and the emerging economies that are now borrowing record amounts of debt in the U.S. currency — $ 3.7 trillion according to the latest figures this week from the Bank for International Settlements.

To start, he needed both people and funds — futuristic home doodads don't invent themselves — so he secured $ 12.5 million in subordinated debt financing from the Business Development Bank of Canada and Quebec's Fonds de solidarité FTQ, with flexible five - year payment terms (the latter a reward for years of solid financial management).

The central bank's debt study does suggest, however, that thousands of Canadians could be in store for some financial pain.

Still the family wanted to wrestle control back and with no debt load and no money saved in the bank, they turned to The Profit for some tough love and smart business sense.

But in recent years, as the Bank of Canada held interest rates to historically low levels and consumer debt skyrocketed, the federal government tightened mortgage restrictions on regulated financial institutions, including HCG.

While the high level of existing debt means rate hikes will have a stronger impact in cooling demand than they did in previous years, it is still too soon to know just how much of an effect the bank's three rate hikes have had, Poloz said.

The IMF, Royal Bank, and National Bank are three of the non-partisan voices that have called on the Trudeau government to put in writing its verbal commitment to contain debt at current levels.

But stock market investors who are enjoying the post-election rally — dubbed the «Trump Bump — owe a major debt to the controversial bank that became a political lightning rod in the presidential campaigns.

The decision by the Reserve Bank of India came close on the heels of weak investor interest in two recent auctions that led to a spike in sovereign debt yields.

When the Central Bank «monetizes» debt it is acting in an ex-post manner that responds to fiscal policy.

The decision by the Reserve Bank of India, announced late on Friday, came close on the heels of weak investor interest in two recent auctions that led to a spike in sovereign debt yields.

Canada's debt - saddled governments aren't in a position to reprise the 2009 stimulus spend, and Canadian consumers definitely shouldn't be further stressing their credit cards and bank lines.

According to a report released Thursday by the Federal Reserve Bank of New York, a substantial increase in household debt in 2016 was led largely by growth in student debt and auto debt.

GENEVA — Russian billionaire and Chelsea soccer club owner Roman Abramovich has appeared in a Swiss court as part of a 19 - year - old legal case aimed to wrest 46 million Swiss francs in debts allegedly owed by him and others to a European bank.

When bickering in Congress shut the government down and put it on the verge of defaulting on its debt, banks recoiled.

Previously, the Bank of Canada hinted it might raise rates to curb the borrowing binge, but in March it abruptly changed tack by affirming the household debt - to - income ratio is «stabilizing near current levels.»

According to the Bank, corporate Canada's overall debt - to - equity ratio — under 0.9, down from 1.5 in the mid-1990s — is at a historic low, the result of two decades of private - sector deleveraging.

Pretty much from his first statements as governor in 2013 — that's about $ 100,000 ago in real estate appreciation terms — through to last week when the bank released its latest financial system review, Poloz has walked a tightrope between admitting that elevated house prices and debt levels pose a risk to the economy, and assuring Canadians that the likelihood of a crash is actually pretty low.

In its last assessment, S&P said that Portugal's outlook was stable, «balancing our expectation of further budgetary consolidation and likely receding banking sector risks over the next two years against the risks of a weakening external growth environment and vulnerabilities related to high private - and public - sector debt.»

The banking system has been weak for years as most institutions have failed to deal with the high level of bad debt in the wake of the financial crisis.

Beijing and the World Bank officially claim China's government debt remains very manageable, at less than 20 % of GDP — far below levels in the industrial world — but the truth is, local governments are piling on new debt at a staggering pace.

While the BoJ has argued that central bank asset purchases would not work in the absence of structural reforms, strategists said that high government debt levels will constrain fiscal expansion.

China is engaged in an elaborate shell game to hide a mountain of bad debts piling up on the balance sheets of its banks, developers and state - owned enterprises.

Tapping into tax credit allocations through the New Market Tax Credits scheme, which offers investors tax credits for investing in CDFIs, generated more than $ 65 million in leveraged debt from TCE and Capital Impact and $ 60 million of tax credit equity from JP Morgan and US Bank.

Sanctions, the bank noted, «negatively affected business confidence, limited the ability of companies and banks to access international debt markets and contributed to an increase in private capital outflow.»

Concurrent with this orgy of public debt, the State encourages massive expansion of private credit via fractional lending, low bank reserves, and other forms of leverage, in a vain attempt to stimulate demand in an economy burdened with overcapacity, declining employment, marginal return on capital and saturated markets.

With other big acquisition funding still in the pipeline, it was crucial for banks to set a positive tone for investment - grade debt and lure buyers back into a struggling market.

At least some households would use the funds to pay down debt, meaning the money would flow to the banking sector anyway, but with one critical difference: household debt would actually decline, leaving household balance sheets in better shape and owing less interest every month.

When the leaders of the world's major economies convene in Toronto on June 26, their schedule will be laden with big issues, from ending stimulus spending to the European debt crisis to the debate over a global bank tax.

Vulnerabilities linked to greater imbalances in regional housing markets and the continued rise of household debt were higher than they were six months ago, the bank said in its latest financial system review.

China's economy expanded at a steady 6.7 % in the third quarter and looks set to hit Beijing's full - year target, fueled by stronger government spending, record bank lending and a red - hot property market that are adding to its growing pile of debt.

GENEVA (AP)-- Russian billionaire and Chelsea soccer club owner Roman Abramovich has appeared in a Swiss court as part of a 19 - year - old legal case aimed to wrest 46 million Swiss francs ($ 46 million) in debts allegedly owed by him and others to a European bank.

A year after he took over as head of ad sales, the magazine had gone from being $ 10,000 in debt to having $ 20,000 in the bank.

It owes nearly $ 12 million, nearly $ 11 million of which is to Regions Bank, which sued the company in February, saying Dippin» Dots had defaulted on its debt.

«If they can not address [the financial crisis] in a credible way I believe within perhaps 2 to 3 weeks we will have a meltdown in sovereign debt which will produce a meltdown across the European banking system.

«Can it really be of concern that some of the largest banks in Europe, in Japan, in China and indeed in Canada can not maintain effective markets in their own sovereign debt?»

Though eliminating proprietary trading is the goal, U.S. banks are still permitted to trade in U.S. government debt.

One in 5 taxpayers expects to put tax refund cash toward a debt, and 28 percent will use the proceeds to pay bills, according to a new survey from TD Bank.

The debt is mostly blamed on Irish banks, which the government bailed out after the housing market collapsed in 2008.

The bankruptcy: Hayes found himself in debt to Union Planters Bank, which administered loans for his music label, Stax Records.

They usually pay good dividends, usually trade for less than their cash or assets in the bank, and are fairly stable (it's very hard for a municipality to not pay back its debts for various reasons, some of them constitutional).

It's paying for itself, putting some money in the bank, letting us buy new equipment... and it's paying back past debt.

So it's paid off the installation of the initial vineyard, it's paid back all this debt and put some money in the bank, there are two vintages sitting in the wine barrels right now and all those costs have already been absorbed... that's a really good situation to be in.

In Florida, meanwhile, Governor Rick Scott — a Tea Party darling — signed a bill aimed at making it easier for banks (or whoever else owns the debt) to foreclose on a property.