Sovereigns continue to
lead debt issuance in the Gulf Cooperation Council countries, with further major issuances planned for this year, as countries look to plug deficits.
Not exact matches
When these loans became illiquid, and the firm had no ability to pay back its creditors, Lehman Brothers experienced a credit crunch; it could no longer cheaply raise cash via
debt issuance, and issuing stock under such conditions
led to both dilution of shares and negative sentiment, which caused its share price to fall.
Mr. Speaker, Government also sponsored the
issuance ofCedi - denominated medium - to - long - term bonds (7 and 10 year bonds) on the back of the ESLA receivables to facilitate the clearance of the sector's legacy
debts.Again, the Akufo - Addo Government is determined to turn away from the mismangement of the energy sector in the past which
led to the accumulation of billions of
debts by entities, such as BOST, to managing these startegic entities with integrity and efficiency.
The increase in liquidity has
led to low yields, high P / E ratios and subsidized
issuance of
debt.