If the company can't make those payments, it won't go into default like it would for
a missed bond payment.
Not exact matches
As the Christian Science Monitor noted, that's probably a more realistic concern for China, which holds $ 1.3 trillion in U.S. government
bonds, than Washington
missing interest or principal
payments.
And so the roughly 20 % drop in Deutsche's 7.5 % perpetual CoCo that has happened in just a few weeks is a manifestation of a fear not only that a
missed payment will come to pass, but that Deutsche Bank could also write down the value of these
bonds if its capital falls below a certain level.
Espirito Santo Financial Group SA, which owns 25 percent of the lender, fell 8.9 percent before the company suspended trading earlier in stocks and
bonds, saying it's «currently assessing the financial impact of its exposure» to Espirito Santo International, which has
missed payments on short - term paper.
Now IPIC has
missed an interest
payment on 1MDB's
bonds.
Anil Ambani's struggling telecom operator has
missed a
payment on a $ 300 mln U.S. dollar
bond.
Highly rated companies that are financially strong and have massive amounts of cash on their balance sheets — think Microsoft, Exxon, etc. — can typically offer
bonds with lower yields since investors are confident that the companies won't default (i.e.,
miss interest or principal
payments).
The announcement comes as Venezuela faces acute financing problems after creditors and ratings agencies declared the government and state - run oil firm PDVSA to be in partial default for
missing interest and principle
payments on
bonds.
SAN JUAN, Puerto Rico (AP)-- A spiraling Puerto Rico debt crisis reached a new milestone as the island
missed nearly $ 370 million on a
bond payment Monday and officials warned of worse to come if the U.S. Congress doesn't help it dig out from a mountain...
That wouldn't be the first time the island has
missed a
payment — as in August the small U.S. territory failed to make a $ 58 million
payment on its Public Finance Corporation
bonds — but it would mark the largest loan it has
missed a
payment on so far.
the Treasury was unable to move enough precious metal to service its debt, and
missed interest
payments on
bonds.
High yield
bonds are more volatile than investment grade securities, and they involve a greater risk of loss (including loss of principal) from
missed payments, defaults or downgrades because of their speculative nature.
High yield
bonds are more volatile than investment grade securities, and they involve a greater risks of loss (including loss of principal) from
missed payments, defaults or downgrades because of their speculative nature.
However, a
bond may be reviewed at any time the agency deems necessary for reasons including:
missed or delayed
payments to investors, issuance of new
bonds, changes to an issuer's underlying financial fundamentals, or other broad economic developments.
And they are called junk
bonds because they are often so speculative that the risk of
missing an interest
payment or even paying back principal value is substantial.