Sentences with phrase «in bond debt»

The town was already scheduled to pay down $ 68.2 million in bond debt this year, according to town financial records.
@blip yeah from the actual reference used - $ 80 million in bond debt secured by the property - thats not the same as a mortgage.
At the time of the show's premiere, however, Trump's Atlantic City casino holdings were burdened by $ 2 billion in bond debt that they struggled to repay, according to The New York Times, which goes unmentioned in the first episode of «The Apprentice.»
Our town has over $ 100 million in bonded debt which it is struggling to reduce and which it has been paying for by reducing the Town's Reserve Fund and attempting to sell Town assets.

Not exact matches

The bonds of iHeartMedia have long been in the basket of «distressed debt,» meaning their prices have fallen so far to where their yields are at least 10 percentage points higher than equivalent Treasury yields.
In the short - term, however, this increased leverage may actually be bullish for junk bonds, corporate bonds, emerging market debt and mortgage - backed securities as it brings higher prices and lower yields, he said.
However, recently, the economic recovery seen in Portugal since the sovereign debt crisis has indeed begun affecting the way agencies such as Moody's and Standard & Poor's see the economy, indicating that in the near future more investors could be considering buying Portuguese bonds.
«If the BOJ were to ease policy, it would therefore be most natural for it to increase government debt purchases and target longer - dated bonds,» Kuroda said in a confirmation hearing in the lower house of parliament.
The sell off in the market for high yield debt, or junk bonds, is now hitting a type of structured bond that is similar to the the type that blew up in the financial crisis.
Although there may not be a bond bubble, with investors starved for yield, Gundlach predicts a potential bubble could form in credit risk as investors increase their leverage on riskier debt securities like junk bonds and emerging market debt.
The company had a net loss of 10 million yuan (US$ 1.57 million) in the first half of last year, a bond default this year, and it has racked up debts of at least 3 billion yuan.
The debt issued Tuesday by the drugstore giant had gained $ 320 million by Wednesday morning in New York, according to Trace bond price data compiled by Bloomberg.
A large share of Italian debt issued under domestic legislation does not have any contract terms and is regulated by an Italian law that gives the Italian Treasury ample latitude to restructure the debt... The composition of Italian public, however, is changing rapidly because in January 2013, Eurozone members started issuing bonds with standardized contract terms.
Amazon has been an infrequent issuer in the investment - grade bond market, with only $ 7.8 billion of debt outstanding as of June 30.
Although no state has defaulted on general obligation bonds in over 80 years, the 19 th century witnessed numerous instances in which states - and the Florida territory - defaulted on their debts or even repudiated them outright.
Given that the government is currently running a deficit and is $ 20 trillion in debt, scratching up the money to redeem those bonds would require either higher taxes or more government borrowing.
In March 2018, SES secured an eight - year EUR 500 million Euro Bond at a low annual coupon of 1.625 % which allows SES to refinance an upcoming debt maturity at more favourable terms.
Japan has already lost its AAA status, and Fitch Ratings recently warned it might downgrade the country's sovereign debt if it issued more than the planned ¥ 44 trillion in bonds next year.
The Medicis deal, financed through debt, has bumped the company's debt level to more than $ 7 billion, or a 4.2 debt ratio, forcing Moody's to put Valeant's debt — already in junk bond territory — under review for a downgrade.
Venezuela's $ 60 billion in bonds is estimated to be only a third of the country's total debt, with the rest in the hands of Russia and China.
Drummond suggests that no matter how the Americans deal with the debt, it could throw Canada into a double - dip recession: «It could be a lose - lose, because if they deal with it in a draconian fashion, then they'll kill off the recovery, but if they don't deal with it at all, they're going to see lower U.S. growth, drive down the U.S. dollar, raise the bond premiums — and that would be a disaster for Canada.»
So it will likely spend $ 163 billion — its cash and money market holdings minus its debt — and then keep the rest in U.S. bonds.
In essence, if correct, this means there is less price risk in government debt securities than corporate fixed income issues, and therefore the extra 10 % should largely be made up of government bonds rather than corporates and preferred shareIn essence, if correct, this means there is less price risk in government debt securities than corporate fixed income issues, and therefore the extra 10 % should largely be made up of government bonds rather than corporates and preferred sharein government debt securities than corporate fixed income issues, and therefore the extra 10 % should largely be made up of government bonds rather than corporates and preferred shares.
The Penn Wharton Budget Model predicts the added debt eventually would reduce economic growth, as money that might have been spent on productive investment instead ends up in the market for government bonds.
With most of these debts being held by Chinese entities, it's unlikely we'll see a banking crisis in the same way we could have seen if Greece or Spain went belly up, said Lau — many foreign banks hold European bonds — but we've seen markets panic on far less worrisome Chinese news in the past.
These include currency - hedged ETFs, triple - levered ETFs based on commodities, unconstrained bond funds with short positions betting against U.S. Treasurys, private equity funds, emerging market debt instruments, historically less - liquid bank loan funds, and all manner of actively managed strategies packaged in supposedly easy to buy and sell wrappers.
Moody's has today also placed Spain's Baa3 government bond rating on review for possible further downgrade in order to assess the implications of several factors on the Spanish government's ability to continue to fund its borrowing requirements in the private debt markets.
That's also making Austrian bond yields spike, ushering in a new phase of the sovereign debt crisis from the East.
For ratings issued on a program, series or category / class of debt, this announcement provides relevant regulatory disclosures in relation to each rating of a subsequently issued bond or note of the same series or category / class of debt or pursuant to a program for which the ratings are derived exclusively from existing ratings in accordance with Moody's rating practices.
Early on, Swart predicted that smart issuers will use a reverse convertible debt note, that is, stock that becomes a bond, an idea that so baffled the audience in Boulder that he had to repeat it twice.
If the real pain is felt only in the bond market, it will be harder for the city to have access to debt in the future to fund its renaissance.
China may witness its first local government bond defaults, although the timing was uncertain, Fitch Ratings said in a press release issued on Sunday, amid persistent concerns over high debt levels in the world second largest economy.
The Eurozone crisis could be ended tomorrow if the European Central Bank (ECB) announced it was going to launch a mammoth campaign to continue buying the bonds of troubled members of the European Community (EC) until growth in EC output and employment bailed them out of their debt burdens.
Back in 2010 it paid $ 550 million to settle charges brought by the Securities and Exchange Commission that it mislead investors into buying a so - called synthetic collateralized debt obligation named Abacus, which was made up of a bundle of financial instruments tied to subprime mortgage bonds, many of which plummeted in value shortly after the deal was sold.
Lewis, fund's chief investment officer, spent nine years at Citigroup as a director of the bank's global special situations group, a $ 5 billion prop - trading group that specialized in distressed debt, high - yield bonds, and value equity.
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.
On Monday, the state planner issued new rules for companies which are planning to issue bonds to put more pressure on debt - laden local governments to get their finances in order.
Meanwhile, in Detroit, the city initially classified its general obligation bonds as unsecured debt before settling with creditors for less than 100 cents on the dollar.
S&P also notes the success of the AMNH's last bond issuance in 2004 and its lack of additional debt in the short term.
In an era when the pension liabilities of local governments remain a concern, investors may want to consider the debt offered by established public enterprises — airports and utilities, for example — as an attractive alternative to lease revenue and pension obligation bonds.
Threats from debt - rating agencies to strip the country of its sterling credit rating and investors» lacklustre response to a bond auction in November are just two signs that this reality is beginning to sink in.
BRAZZAVILLE, April 19 (Reuters)- Congo Republic's current efforts to restructure its external debt will not affect multilateral creditors or holders of its Eurobond and regional bond, Prime Minister Clement Mouamba said in a statement late on Wednesday.
The high - grade bond market is springing back to life as corporations race to issue new debt and get out in front of a possible Fed interest rate hike.
a government, corporation, municipality, or agency that has issued a security (e.g., a bond) in order to raise capital or to repay other debt; the issuer goes to an underwriter to get their securities sold in the new issue market; for certificates of deposit (CDs), this is the bank that has issued the CD; in the case of fixed income securities, the issuer of the security is the primary determinant of the security's characteristics (e.g., coupon interest rate, maturity, call features, etc..)
Interpreting the Ratio Let's say a company has long - term debt of $ 10 million in the form of a bond outstanding and equity of $ 10 million.
If a company like iHeart gets in trouble and someone else want its assets, rather than buying the shares, they often buy the debt (bonds and loans) at a big discount.
New issues have a significant presence in the bond market as issuers are constantly entering the market to «roll» their existing debt as well as create new debt.
If the same company has the bond outstanding and only $ 1 million in equity, then the debt - to - equity ratio is 10 (10/1 = 10).
yields will hit the highs on close end of the day... equity markets setting up to be slammed tomorrow maybe but today they have run over weak shorts in the face of rates... the federal reserve see's this and again will wonder if they are behind on hikes, strong data, major expansion in credit, lack of wage growth rising bond yields and ballooning debt... rates will go much higher and equities will have revelations as to what that means for valuations
Alternatively, if the company has the $ 10 million bond outstanding and $ 20 million in equity, giving a debt - to - equity ratio of 0.5, investors can feel a little bit more comfortable.
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