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 share
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 share
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 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.