Sentences with phrase «new issuance of debt»

Not exact matches

France's AXA says it will spend $ 15.3 billion on buying New York - listed insurer XL Group and speed up its plans to spin off its American life insurance business — the IPO would give it $ 6 billion to help fund the XL purchase, with the rest coming in the form of cash and debt issuance.

The deal also will require a large amount of new debt issuance, although there are no financing conditions tied to closing.

The bill's passage also potentially complicates Treasury issuance relative to the debt ceiling, as lower tax receipts under the new tax plan could cause Treasury to run out of extraordinary measures earlier than originally thought.

If we raise additional funds through further issuances of equity, convertible debt securities, or other securities convertible into equity, our existing stockholders could suffer significant dilution in their percentage ownership of our company, and any new equity securities we issue could have rights, preferences, and privileges senior to those of holders of our Class A common stock.

Walgreens expects to finance the transaction through a combination of existing cash, assumption of existing Rite Aid debt and issuance of new debt.

In September, however, the law allowing the Ministry of Finance to issue debt expired, bringing new issuances to a halt.

If you are interested in a detailed breakdown of just how much new debt issuance OBE's can create, check out this article from Mauldin Economics.

In particular, the New York - based bank is known for its expertise in the issuance of catastrophe bonds, Qualified School Construction Bonds in the US, and bonds issued to finance debt restructuring around the world.

As the amount of new Treasury debt issuance has grown as a result of spiraling deficits, the number of big Primary Dealers has shrunk.

In addition to explosive growth in global debt issuance, there are new issuers, new rules and a wider variety of investors with a range of objectives.

The cause is always speculative distortion that was well - known for quite some time: elevated valuations, often accompanied by speculation and new issues of low - quality stocks representing some «new economy» theme, or yield - seeking speculation and heavy issuance of low quality debt.

o Issuance of Euro Bond and use of some of the proceeds for reprofiling more expensive domestic debt o Creation of benchmark domestic bonds through tap - ins rather than new issuances.

This issuance in the approximate amount of $ 1.2 billion provides an opportunity to refund higher - interest bonds and replace them with lower - cost debt, generating future savings to the State of New York.

In the current low - interest rate environment, this issuance provides an opportunity to refund higher - interest bonds and replace them with lower - cost debt, generating substantial future savings to the State of New York.

DiNapoli called for a host of reforms to curtail state borrowing, including a constitutional amendment to limit total debt to 5 % of New York's personal income and a ban on so - called back - door borrowing — the issuance of state - funded debt through public authorities and other entities.

FINRA Board also filed with SEC proposed amendments to its TRACE rules to expand the definition of Agency Debt Security to address a new issuance structure by government - sponsored enterprises

This is often supported by acquisitions, often (but not always) through the issuance of new debt.

This week's new issuance in investment grade debt continues at a healthy pace, the majority of new paper focuses around 3 and 5 - year maturities, but there were some longer maturity deals such as $ 500 million Gerdau 7.25 % 30 - years.

Both markets experienced plenty of new issuance as investment grade names such as Anadarko Petroleum, Goldman Sachs and Oracle, along with the high yield names of Ithaca Energy, Jaguar and RJS Power all issued debt last week.

The pharmacy giant, which was created by the merger of Walgreens and Alliance Boots in December 2014, will finance the transaction through existing cash, issuance of new debt and assumption of Rite Aid debt.

A new company called Polychain Capital has raised $ 10 million in capital for a hedge fund made up of cryptocurrencies such as bitcoin; The state of Global Blockchain Consortia; Non-profit advocacy group called the Blockchain Association of Ireland (BAI) will launch on Dec14; The Central Bank of Ireland recently granted Facebook Payments International Limited (FBPIL) an e-money license, which effectively allows Facebook to facilitate peer - to - peer payments on its platform; Bitgive Launches Blockchain Transparency Platform Givetrack; Dollar debt issuance soars as central banks take a back seat: BIS report;

Jason began his career with Cravath, Swaine & Moore in New York, where he worked on a variety of transactions, including IPOs, mergers, stock and asset acquisitions and sales, joint ventures, and debt issuances.