Sentences with phrase «largest bondholder»

Former rare earths market darling Lynas Corp is deep in talks with its largest bondholder about a potential debt - to - equity conversion for which it will seek shareholder approval in November.

Among the airline's largest bondholders is the government employee pension fund, known as Kumpulan Wang Persaraan, which, according to Friday's announcement, agreed to swap 750 million ringgit, or about $ 240 million, for ordinary shares.

However, Ms Lacaze told The Australian Financial Review if two of the largest bondholders, Mt Kellett and Fortress, which formed a strategic alliance in 2015, were to convert 100 per cent of the bonds and exercise all of their warrants they would emerge with more than 40 per cent of the company's equity but she added a further shareholder approval would have to be sought for a conversion of that extent.

Not exact matches

According to J.P. Morgan, in December and January, China announced tax benefits on interest income for railway bondholders, issued bonds for railway projects, and injected cash into the two largest train makers.

In the end, society must choose whether to save the economy at large, or to save bondholder and banking claims on the economy.

Weneed to decide whether to stop the cycle and save the economy at large or to stay in thrall to our banks and bondholders.

And the European Central Bank's support of the largest banks and bondholders at the cost of domestic taxpayers has imposed monetary deflation on Eurozone countries, reminiscent of America's 19th - century deflation before and after the Civil War.

«With a sufficiently high likelihood of success, you can issue debt to attract a large group of bondholders who would be willing to put their money to work,» Lo says.

I don't think they will stop paying bondholders, but the second order effects of closing down large portions of the government are uncertain.

That means that bondholders don't have any incentive to see the company take large risks that could endanger financial stability.

Senior bondholders and derivative counterparties owed money by Bear are much, much larger than the teensy equity base of the small - cap firm.

1) The bondholders could voluntarily agree to move a portion of their claims lower down in the capital structure, swapping debt for equity (preferred or common), allowing the bank to have a larger cushion of Tier - 1 capital, avoiding insolvency, and hopefully allowing the bank to recover by its own bootstraps, preferably assisted by debt restructuring on the borrower side (via property appreciation rights and the like).

Ultimately, if a financial institution is not capable of surviving without large and constant infusions of public capital, the stockholders and bondholders of that company - not the public - should be responsible for the losses incurred.

We have represented secured and unsecured creditors, creditors» committees, state regulatory agencies, financial institutions, lessors of both real and personal property, asset purchasers in sales under Section 363 of the Bankruptcy Code, and bondholders» interests in many cases, including large, complex Chapter 11 cases.

Our lawyers have extensive experience involving indenture interpretation and enforcement as well as representation of bondholders and corporate trustees in large bond and structured finance transactions and defaults.

Counsel to a committee of contesting bondholders in the proposed privatisation of BCE Inc., involving the world's largest leveraged buyout with an enterprise value of $ 52 billion.

Lou has a diverse and sophisticated national practice with an emphasis on representing major parties, including banks, insurance companies, hedge funds and other large institutional lenders, noteholders and bondholders, in complex commercial restructurings and reorganizations throughout the country.

While the hedge funds may be voicing many of the arguments via their fancy attorneys, there is a large, and and largely silent, bondholder community of Puerto Rican residents.