Sentences with phrase «in debt they owned»

For example, when Lehman Brothers declared bankruptcy in 2008, common shareholders received nothing, while bondholders received about 40 cents for every dollar in debt they owned.

Not exact matches

It owns close to $ 4 trillion of our debt, and as the second - largest economy in the world, it's also responsible for roughly 15 percent of global exports.
In effect, the state - owned construction firms will be taking on debt and investing — while hiring Western engineering and construction giants as their subcontractors.
America has been able to play the spendthrift because foreign lenders have shown a huge appetite for both our government and corporate debt — they now own $ 6 trillion of our $ 15.5 trillion in publicly owned Treasuries.
Then Clear Channel, which was already burdened by $ 8 billion in debt before the buyout, engaged in various debt transactions that funded its own buyout and compensated the PE firms.
Jamie Byron, co-founder of 30 Under 30 honoree Grove, says the personal fulfillment from starting his own company after graduating from MIT in 2013 has been worth any amount of student - loan debt.
Commercial developers have engaged in their own orgy of debt - fuelled construction projects, bidding up land values threefold last year and erecting countless office towers, malls and hotels.
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.
Theoretically, a privately held Dell will not face such pressures although some might argue that the $ 47 billion in debt the company assumed to get this thing done comes with its own set of stresses, but that's a story for another day.
Funded in part by Dan's savings, credit card debt, and student loans (diverted to fund his venture), the company grew rapidly as Gravity built its own technology and brought the card - processing systems in - house.
As part of the deal, Chemical agreed to cancel $ 35.9 million in debt that Trump still owned on the property.
The firm has an interest in seeing American Apparel succeed since, in addition to debt, it owns equity in the form of warrants.
Kantrowitz would like to see Congress require debt relief services to «clearly and conspicuously disclose in their advertising and on their websites» that borrowers can consolidate their loans on their own for free at StudentLoans.gov.»
Collector Steven Tananbaum sued in New York state court on Thursday over the non-delivery of three Koons sculptures, claiming a «well - oiled machine» that exploits collectors» desire to own the artists» works by using incoming money to pay debts.
Idaho issued its own such letter, complaining that Beacon was engaging in unlicensed debt and credit - counselling activity to at least 65 Idahoans.
Silver Lake kicked in a cash equity investment of about $ 1.4 billion, and most of the rest was raised in debt financing and from the company's own reserves.
Between his wife's $ 12,000 in student loans, his own $ 6,000 worth of loans, and some outstanding credit card payments, the couple carried about $ 20,000 worth of debt between them.
But those who deal in debt have their own lingo, their own humour — and Cooper understands that Benjamin Franklin quotation better than most.
«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
Vodafone and Idea, which both own stakes in Indus Towers, had said they would look at selling their stakes in Indus, and also dispose of other tower assets they separately own to help cut debt in the merged telecoms carrier.
They were debt - free, and after years of hard work, frugal living, and the sale of a previous home Tuttle had owned in England, they had a down payment ready.
So, if Dell is looking to borrow $ 40 billion to do the deal, and you add the $ 12 billion it had after its own LBO, you get $ 52 billion in total debt.
After all, many of them have been studying Canada's debt buildup in the»80s and early»90s, and then its debt reversal since the mid-1990s, for their own recession exit strategies.
Under that plan, Remington's private equity owner, Cerberus Capital, would no longer own Remington and its creditors would get equity in exchange for scrapping its debts.
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.
If you are taking on debt to eventually start your own business, you are not in a good place.
Another reason is that women tend to be more conservative in running their businesses, so you see generally stronger balance sheets with more personal equity and less debt than in businesses owned by men.
The bill's introduction also comes amid various actions and statements by the Trump administration, including a fourth round of sanctions that restrict Venezuela and Petróleos de Venezuela SA, a state - owned oil company, from issuing new debt or from engaging in other financial dealings with U.S. citizens.
By 55, the couple was earning a steady rental income and living debt - free in a home they owned.
And last month, an international financial group owned by the world's central banks said Canada's credit - to - gross - domestic - product and debt - service ratios show early warning signs of potential risk to the domestic banking system in the coming years.
«I was trying to get [my business] Effective Networking off the ground, I had debts from a business that didn't make it, and too much was in my own name,» explains Darling, who also got sidetracked by other projects that weren't generating income.
«The sale of some state - owned enterprises should help lower Vietnam's rising national debt [and] also attract significant foreign direct investment,» Chetan Sehgal, director of global emerging markets and small cap strategies at Templeton Emerging Markets Group, said in an email.
They insist that spending and debt ceiling bills are vital in their own right and should not come with conditions attached.
In 2016, China's state - owned shipping company Cosco bought a majority stake in Greece's Piraeus Port, which triggered discontent within the EU despite the bloc having earlier demanded the privatisation of the facility to help solve Greece's debt crisiIn 2016, China's state - owned shipping company Cosco bought a majority stake in Greece's Piraeus Port, which triggered discontent within the EU despite the bloc having earlier demanded the privatisation of the facility to help solve Greece's debt crisiin Greece's Piraeus Port, which triggered discontent within the EU despite the bloc having earlier demanded the privatisation of the facility to help solve Greece's debt crisis.
«But in the end, most people agreed that there was basically no way on earth we would ever be able to pay off our debt on our own
The fresh numbers come as an international financial group owned by the world's central banks says Canada's credit - to - gross - domestic - product and debt - service ratios show early warning signs of potential risk to the banking system in the coming years.
Meredith Corp, which owns Better Homes & Gardens and Family Circle, agreed to buy Time Inc for $ 18.50 a share in a deal valued at $ 2.8 billion, including debt.
The New York Times reports that cash - strapped Chinese aviation and shipping conglomerate HNA Group is appealing to its own employees for financial assistance to cope with the estimated $ 90 billion in debt the group rang up in its high - profile global spending spree.
Owned by private equity group Leonard Green & Partners after a leveraged buyout for $ 1.3 billion in 2006, the company is entering bankruptcy in a bid to held shed much of its debt and clean up its balance sheet.
A government that is sovereign in its currency, has no foreign denominated debt and a central bank that can issue its own currency does not have to worry about someone else telling them that they need to raise their interest costs.
The state - owned PDVSA says that it was able to reduce its debt load by $ 2 billion in 2015.
Potential reputational risk associated with owning Remington could also complicate the company's negotiations with its creditors, because in a debt restructuring companies often offer equity as an incentive for debt forgiveness, the sources said.
In contrast, according to UBS, more than 90 percent of Chinese debt is currently domestically owned.
This means that countries that owe foreign debt, that's almost all denominated in dollars, especially to the International Monetary Fund or the World Bank, they're going to have to pay much more money in higher - priced dollars for their own currency.
Many foreign economists and investors on Wall Street have expressed misgivings about China's rapid accumulation of debt, particularly at state - owned enterprises, since the global financial crisis in 2008 and 2009.
In order to advise you on your debt situation, you'll need to provide the credit counselor with information about the debt you owe, your income, expenses and any assets you may own that could be used to help pay off the debt.
Meanwhile, it's nice to know that after the loan is due, you should have an easier time borrowing money from the venture debt company who still has a vested interest in your company's survival due to the warrants it owns.
At 5 Times Square, the Manhattan headquarters for Ernst & Young LLP, the owners are close to securing a five - year loan to pay off $ 1 billion in debt that comes due in March, according to Scott Rechler, chief executive officer of RXR Realty, which owns 49 percent of the building.
When you hire us as your coach, you're not simply getting financial coaching from people who just read about the journey to debt freedom in a book, but instead you will be coached by individuals who have actually gone through the struggle and can share with you exactly what you can do to gain your own financial independence.
If you operate a small business in the United States or any of its territories, have some capital of your own to invest in your business, and are current with all debt payments to the U.S. government (including your income taxes), you may be eligible for an SBA loan — unless your business falls into one of the ineligible businesses identified by the SBA:
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