Sentences with phrase «leaves bondholders»

The «inflation reversal» leaves bondholders particularly bruised, and is most clearly associated with fundamentals: namely a sharp turnaround in realized consumer price inflation (CPI).

Or, the equity investors that have control of the company might pursue a unprofitable strategy that encumbers the assets of the firm, leaving the bondholders with a less valuable entity for their debt claims.

Receivership involves defending the customer assets, changing the management, wiping out the common stock and a portion of the bondholders» claims, continuing the operation of the institution in receivership, and eventually selling or reissuing the company to private ownership, leaving the bondholders with the residual.

Not exact matches

Shareholders have to wonder how much value will be left of the company after bondholders and the union members have their way.

Sovereign debtors must agree to IMF «conditionalities» in order to get enough credit to enable bondholders to take their money and run, avoiding haircuts and leaving «taxpayers» to bear the cost of capital flight and corruption.

And if these companies can't service that debt, the bondholders walk away with what's left, and the equity holders get nothing.

The city of 300,000 plans to cut payments to bondholders while leaving intact pension obligations to public workers and retirees.

Stockton wants bondholders to pay for its financial woes while leaving retirement benefits intact.

Brodsky's rationale — that bankruptcy would leave local pols in charge while forcing bondholders to «share the pain» of eliminating deficits — also highlights the risk that multiple bankruptcies would lead to higher borrowing costs for all New York localities.

«And as long as we have useful tools who purport to be Republicans, like Dean Skelos, Bob Turner, and a swath of other who are not willing to stand up for principles, but who would rather knuckle under to the most extreme demands of far - left Democrats, Public Service Unions and well - funded special interests in exchange for job security, and who could not lead a one - car funeral on an abandoned stretch of the Thruway, idiots like me — Andrew Cuomo — will continue to roll over the legislature, the taxpayers, the bondholders, and the rest of New York's victims with nary so much as an objection.»

On May 5, 2016, the Supreme Court of Canada denied a group of Nortel's bondholders leave to appeal the Ontario Court of Appeal's previous ruling that Nortel's bondholders were not entitled to US$ 1.6 billion in post-filing interest on their unsecured claims against Nortel.4 Between 1996 and 2008, certain of Nortel's Canadian and U.S. entities issued and / or guaranteed a number of unsecured bonds (referred to in Nortel's CCAA proceedings as the «Crossover Bonds»).

Two days later, on May 5, 2016, the Supreme Court of Canada denied leave to a group of Nortel's bondholders who sought to appeal the Ontario Court of Appeal's previous ruling that they were not entitled to more than US$ 1.6 billion in post-filing interest on their unsecured claims against Nortel, that had accrued since the insolvency proceedings were commenced in January, 2009.

They were also a respondent opposing the bondholders» application for leave to appeal the post-filing interest decision to the Supreme Court of Canada.