Many North American energy companies have borrowed significantly
in the public debt markets to finance their operations, and many of the high - yield bonds in this space have lost value in recent months.
The borrower also issued $ 54 million in State bonds
in the public debt markets to refinance the remaining senior debt.
Not exact matches
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.
«Japan is already undergoing rapid population aging, which will likely limit the
market's future absorptive capacity of
public debt,» wrote IMF economist Kiichi Tokuoka
in a paper this year.
We invest across the entire capital structure, including senior and subordinated, secured and unsecured
debt as well as equity,
in both
public and private large - cap and middle -
market companies.
Inflation may be a dirty word
in the bond
market, but it's soon going to be a siren's song for governments as they struggle to finance their mountains of newly minted
public debt.
Public debt charges were down $ 0.6 Â billion, reflecting reductions
in market debt.
Along with the steepest equity valuations
in U.S. history outside of 1929 and 2000 (on measures that are actually reliably correlated with subsequent
market returns), private and
public debt burdens have reached the most extreme levels
in history.
He advises clients
in a broad range of corporate and commercial matters, including
debt and equity financings, private equity and venture capital transactions, mergers and acquisitions, corporate governance, shareholder arrangements, corporate reorganizations and
public markets matters.
The ready availability of low - cost
debt should allow them to compete with the
public markets, and a tentative increase
in primary deals has bolstered the
market's cautious optimism.
Deregulation
in finance and the privatization of
public services lead to
market manipulation, and record consumer
debt.
He represents issuers and underwriters
in public and private initial and follow - on offerings of equity and
debt securities, banks and hedge funds
in secondary
market par and distressed
debt trading, and sponsors of and liquidity providers to securitization vehicles
in connection with transactions and regulation applicable to their activities.
Specifically, Defendants made false and / or misleading statements and / or failed to disclose that: (i) the Company was engaged
in predatory lending practices that saddled subprime borrowers and / or those with poor or limited credit histories with high - interest rate
debt that they could not repay; (ii) many of the Company's customers were using Qudian - provided loans to repay their existing loans, thereby inflating the Company's revenues and active borrower numbers and increasing the likelihood of defaults; (iii) the Company was providing online loans to college students despite a governmental ban on the practice; (iv) the Company was engaged overly aggressive and improper collection practices; (v) the Company had understated the number of its non-performing loans
in the Registration Statement and Prospectus; (vi) because of the Company's improper lending, underwriting and collection practices it was subject to a heightened risk of adverse actions by Chinese regulators; (vii) the Company's largest sales platform and strategic partner, Alipay, and Ant Financial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black
market, including names, addresses, phone numbers, loan information, accounts and,
in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution
in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's
public statements were materially false and misleading at all relevant times.
In the July 2010 version of their paper entitled «The Impact of Investor Sentiment on the German Stock
Market», Philipp Finter, Alexandra Niessen - Ruenzi and Stefan Ruenzi test the predictive power of a composite sentiment measure combining consumer confidence, net equity mutual funds flow, put - call ratio, aggregate trading volume, initial
public offering (IPO) returns, number of IPOs and aggregate equity - to -
debt ratio of new issues.
Meanwhile, Albert Edwards of SocGen suggested that there has been an excessive «move away from equities»
in recent years — instead of noting, for example, that the volume of U.S. government
debt foisted upon the
public (even excluding what has been purchased by the Fed) has doubled since 2007, not to mention other sources of global
debt issuance, while the
market capitalization of stocks has merely recovered to its previously overvalued highs.
Students
in every mainstream macroeconomics class, and that means almost all students, would have predicted, based on the nonsense they were learning, that the high deficits and high
public debt ratios
in Japan at the time, should have driven interest rates sky high, that bond
markets should have stopped buying government bonds, that the government should have run out of money, and all the time that these disasters were unfolding, that inflation should have been be galloping towards hyperinflation.
It will buy $ 600 billion worth of US long - term bonds
in the open
market, close to 7 % of all Treasury securities
in public hands, or about the amount the
debt that the federal government will issue over that time period.
The incumbent number one
in public debt in the region, HSBC raised $ 8 billion
in 29 bond deals for a 17.2 %
market share
in 2013, leading a $ 4.1 billion bond for the General Authority of Civil Aviation of Saudi Arabia last September.
Here's a letter to the board of Biglari Holdings re: executive compensation [Noise Free Investing] & then more thoughts on Biglari's compensation agreement [My Investing Notebook] Where things stand
in the
market [Bespoke Investment Group] A list of stocks Nasdaq is canceling trades
in from yesterday's madness [Business Insider] The best interest rate chart
in the world [Trader's Narrative] A great macro overview from Barry Ritholtz [The Big Picture] A look at John Paulson's possible ownership of Bear Stearns CDOs [Zero Hedge] John Mauldin on the future of
public debt [Advisor Perspectives] Top buys & sells from Morningstar's ultimate stock pickers [Morningstar] The truth about «Sell
in May & Go Away» [WSJ] An interview with hedge fund manager Hugh Hendry [Investment Week] Bill Ackman: Let's have a
public registry for stock opinion [Barron's] Hedge fund Harbinger hires ex-Orange chief for wireless plan [Dealbook] & Deutsche Telekom has been
in talks with Harbinger [FT] Hedge funds begin to restructure fee system [FT]
Puerto Rico announced a historic restructuring of its
public debt on May 3, touching off what may be the biggest bankruptcy ever
in the $ 3.8 trillion U.S. municipal bond
market.
In this role, he worked within the investment banking function, helping to bring client
debt offerings to the
public markets.
And while there have been a string of successful initial
public offerings, including Healthscope's debut last week, this is not enough to counter the force of more competitively priced funds available
in the
debt market than the equity
market for a company seeking to grow by acquisition.
We are paying 3.6 %
in the gilt
markets on our staggering
public debt.
As of the first quarter of 2012, Turkey had a
public debt balance equal to 43 % of annual GDP, making it one of the better financed governments
in all of Europe (see how the fiscal strength of many emerging
markets like Turkey
in High Yield International Bond ETFs can deliver strong returns with low correlation).
To generate regular income through investments
in debt and money
market instruments consisting predominantly of securities issued by entities such as Scheduled Commercial Banks and
Public Sector u Read More
To generate regular income through investments
in debt and money
market instruments consisting predominantly of securities issued by entities such as Scheduled Commercial Banks and
Public Sector undertakings.
Current
Market Perspective: Moderately bearish based on three pieces of information: Our bottom - up security selection process is revealing few bargains; Total
public and private
debt in developed countries is unsustainably high relative to GDP and will require long, painful de-leveraging... Continue reading →
The BofA Merrill Lynch Index tracks the performance of U.S. dollar - denominated investment grade government and corporate
public debt issued
in the U.S. domestic bond
market with at least 1 year and less than 10 years remaining maturity, including U.S. treasury, U.S. agency, foreign government, supranational and corporate securities.
The great bull
market in fixed income coincided with a substantial increase
in public sector
debt.
The first stock I bought, Stone Harbor Emerging
Markets Income Fnd (NYSE: EDF), is a closed - end fund with most of its holdings
in public and private foreign
debt.
In this context, the Public Debt Office establishes referential interest rates in order to facilitate access to capital markets for Chilean businesse
In this context, the
Public Debt Office establishes referential interest rates
in order to facilitate access to capital markets for Chilean businesse
in order to facilitate access to capital
markets for Chilean businesses.
History tends to punish bull
markets when speculative frenzies hover around a narrowing list of stand - outs (e.g., Netflix, First Solar, etc.), an increasing number of initial
public offerings (e.g., Twitter, Container Store, etc.) and / or a dramatic rise
in margin
debt.
Before proceeding further, we should note that, since the financial crisis exploded into
public consciousness,
in September, with the exception of Treasury bonds and other
debt explicitly guaranteed by the Treasury such as GNMAs, all sectors of the fixed - income
markets have experienced gut - wrenching declines.
According to the Mexican Ministry of Finance, unlike domestic
debt, there is no timetable for the issuance of securities denominated
in foreign currency, since the decision to issue external
debt is linked to the
public debt strategy as well as to
market conditions.
The fact is if you look at the largest fund flows on the retail side tend to be
in obviously the large
public equity
markets or investment - grade
debt markets.
In this context, the Public Debt Office establishes referential interest rates in order to facilitate access to capital markets for Read more -LSB-..
In this context, the
Public Debt Office establishes referential interest rates
in order to facilitate access to capital markets for Read more -LSB-..
in order to facilitate access to capital
markets for Read more -LSB-...]
mREITs raise both
debt and equity
in the
public capital
markets.
Distressed
debt while benefiting from across holdings with real estate, suffered for a second straight quarter from
market price declines
in some
public equity holdings.
If Social Security goes along with the fiction their trust fund can be eventually tapped to make benefit payments, it's got two choices: i) Redeem or mature
debt securities for cash, which Treasury must finance with new
Public debt, or ii) it's permitted to sell securities for cash
in the open
market, and the
debt must immediately be re-classified as
Public also
The programme was supposed to apply «temporarily» but without an explicit limitation
in time, and allowed both national central banks and the ECB to buy on the secondary
market eligible marketable
debt instruments issued by the central governments or
public entities of the Member States whose currency is the Euro; as well as on the primary and secondary
markets eligible marketable
debt instruments issued by private entities incorporated
in the Euro area.
He has advised U.S. and non-U.S. issuers and underwriters on capital
markets transactions, including initial
public offerings and other equity offerings and
public and private high - yield, investment - grade and convertible
debt offerings, including
in Latin America.
In Germany, partner Gernot Wagner joined the capital markets group in Frankfurt, advising PE houses on high yield offerings and public and private debt and equit
In Germany, partner Gernot Wagner joined the capital
markets group
in Frankfurt, advising PE houses on high yield offerings and public and private debt and equit
in Frankfurt, advising PE houses on high yield offerings and
public and private
debt and equity.
He has advised U.S. and non-U.S. clients on capital
markets transactions, including
public and private
debt and equity offerings, exchange offers and
debt restructurings, primarily
in Latin America.
Finkelstein focuses his practice on representing corporate trust institutions as indenture trustees and agents
in connection with domestic and cross-border
debt capital
markets transactions, such as offerings of corporate and municipal, high - yield and investment grade, secured, unsecured and subordinated, convertible,
public and private
debt issued under trust indentures of domestic and international issuers.
Our team includes veteran litigation, enforcement, and regulatory lawyers who help our clients comply with all requirements as issuers of their own
debt and equity securities, and as participants
in a full range of corporate finance and
public markets and trading activities.
Our global securities team helps banks and bank holding companies comply with all requirements as issuers of their own
debt and equity securities, and as participants
in the full range of corporate finance and
public markets and trading activities.
It invests at least 45 %
in government guaranteed securities or corporate
debt, not more than 40 %
in short - term money
market instruments, and anything from 15 % to 55 %
in public equity.
Proskauer's Real Estate Capital
Markets practice serves the entire investment community
in transactions, including fund formations, IPOs,
public company mergers, roll - up transactions, equity and preferred equity offerings and placements, high - yield
debt and co...
REIT stock offerings hit a new high as firms rush to raise
debt and equity on
public markets in efforts to lower
debt loads.
In Longmont, city officials said the loss of Sports Authority should not further jeopardize the new Village at the Peaks development, which this year needed to dip into city revenue sources to cover a
debt payment for the site's
public improvements following Whole Foods
Market's decision to delay its store opening 11 months.