In January 2016, all three
major bond companies gave triple - A ratings to long - term bonds issued by the city of Virginia Beach, which the U.S. Navy has said faces severe threats from climate change.
Not exact matches
All else equal, unless it possesses some sort of
major offsetting advantage that makes the risk of non-payment low, a
company with a low - interest coverage ratio will almost assuredly have bad
bond ratings, increasing the cost of capital; e.g., its
bonds will be classified as junk
bonds rather than investment grade
bonds.
Two
companies that guaranteed payments on Detroit
bonds and were the last
major holdout creditors in the case, Syncora Guarantee Inc [SYCRFS.UL] and Financial Guaranty Insurance Co [FGIC.UL], received options to develop parcels of land.
In December, PK repaid $ 55 million in maturing high - yield
bonds, which carried a 7.5 % coupon, leaving the
company with a forward debt maturity schedule that is well - balanced and very manageable with no
major maturities until 2021.
While Fayemi spent the
bond money for infrastructure development of the state, including
major roads, street lightening, school renovation, government lodge / office, a civic centre, the Ikogosi warm spring resort and Ire Burnt Bricks
Company, among others; Fayose had opted for white elephant projects including an airport and a flyover.
It manages a diverse portfolio covering all
major markets world - wide, including a range of private and public equities, government and
company bonds, property investments and various derivative instruments.
Ratings Like
bonds, preferred stocks are rated by the
major credit rating
companies, such as Standard & Poor's and Moody's.
Companies need to finance their operations, and the three
major sources of financing are their own cash, debt (they issue
bonds), and equity (they issue shares).
That said, it is true that the bondholders of
major banks include pension funds, insurance
companies, mutual funds, foreign investors and other holders that would be adversely affected by a writedown in
bond values.
He was instructed for the preference shareholders in the Barings Litigation; Law Debenture Trust Corporation Plc v Elektrim Finance NV and Ors (termination of trust
bond under Saunders v Vautier rule); advised a
major rock group (Queen) on a shareholder dispute; been instructed in respect of shareholder disputes in the Cayman Islands and the British Virgin Islands; recently advised on two separate schemes of arrangement under s. 425 of the
Companies Act; recently appeared in the Turks & Caicos Islands on multi-million dollar breach of director's duties; acted in the US$ 3bn shareholder dispute between Telenor East and Vimpelcom and Altimo Group; acted for bank seeking to recover US$ 200m in VTB v Nutritek (Supreme Court judgment).
Clifford Chance (CC) and Cobbetts have played
major roles on a # 225m
bond issue for Midlands housing
company Longhurst Group.
The firm's clients include
major Canadian construction and surety
bonding companies and subcontractors, their directors and officers.
We represent a wide variety of clients including a world - class semiconductor foundry
company, several multinational corporations and many
major national and international players in hi - tech and information industry involved in patent, copyright, trademark and trade secrete license or infringement, telecommunication, depositary receipt or convertible
bond issuance, joint venture, merger and acquisition, trade practices, syndicated loan arrangement and environment protection.
Clients included
major car dealerships local bail
bonds agencies collection agencies and local credit
companies