Sentences with phrase «of credit issuance»

«This will increase trade finance process efficiencies by substantially shortening letters of credit issuance time, reducing trade paperwork processing costs and removing delivery delays by enabling faster creation and secure transfer of digital trade documents between participants.»

Not exact matches

In a future world where cash becomes marginalized and digital «credits» take over as a system of payments, companies find old - fashioned stock issuance a trite method of raising funds.

Note 3: We recorded additional interest expense related to the amortization of debt issuance costs affiliated with our Term Loan Credit Agreement and ABL Facility.

«This issuance reflects OnDeck's most successful securitization issuance to date, with strong investor interest resulting in broad participation by existing and new institutional investors, expected improvement in credit ratings, and a significant reduction in cost of funds despite a rising interest rate environment, and is a testament to the strength of OnDeck's business model.»

Business credit has been falling, but this has been more than offset by increases in non-intermediated sources of funding, such as equity raisings and corporate bond issuance.

The Company uses the proceeds raised from the issuance of units to invest in SMEs through local market sub-advisors in a diversified portfolio of financial assets, including direct loans, convertible debt instruments, trade finance, structured credit and preferred and common equity investments.

Tier 1 capital looked quite good last quarter, as one would expect from the combination of a large new issuance of bank securities, combined with an easing of accounting rules to allow «significant judgment» with respect to credit losses.

The Revolving Credit Facility permits the issuance of letters of credit upon our request of up to $ 10.0 miCredit Facility permits the issuance of letters of credit upon our request of up to $ 10.0 micredit upon our request of up to $ 10.0 million.

borrow up to the lesser of (i) $ 180.0 million, including up to $ 50.0 million for the issuance of letters of credit and up to $ 25.0 million for swing line loans and (ii) the borrowing base then in effect less the amount then outstanding under letters of credit and loans.

We anticipate that the New Credit Facility will permit the issuance of letters of credit upon our request of up to $ 10.0 miCredit Facility will permit the issuance of letters of credit upon our request of up to $ 10.0 micredit upon our request of up to $ 10.0 million.

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.

The 2014 Recapitalization Agreement would also provide for the issuance of a new note with a principal amount of $ 50.0 million and a $ 100.0 million letter of credit facility.

This led to a continuing squeeze of credit spreads and increased issuance of riskier bonds, a phenomenon reminiscent of the exuberance prior to the global financial crisis.

In all, so - called «reverse Yankee credits» account for more than 20 % of European corporate debt issuance so far this year, feeding a patriotism of sorts in continental financial circles.

I think over the past 10 years, due to the zero - interest - rate policies by the global central banks, we have had a massive amount of debt issuance that's occurred as investors had been encouraged to go out the curve or down the credit curve in order to seek income, seek yield.

The «officially tabulated» mainstream b.s. reports are not picking up the numbers, but the large credit card issuers (like Capital One) and auto debt issuers (like Santander Consumer USA) have been showing a dramatic rise in troubled credit card and auto debt loans for several quarters, especially in the sub-prime segment which is now, arguably the majority of consumer debt issuance at the margin.

This was mainly attributable to commercial loans to private trading corporations and unincorporated businesses, while issuance of bank bills (also included in business credit) has been more modest in recent months.

This credit will be available for up to one year from the date of issuance.

Analysts at Moody's Investors Service Middle East in Dubai say the issuance is credit positive for Saudi banks because their profitability will benefit from the transfer of their large, low - yielding reserves of cash and placements from the Saudi Arabian Monetary Authority and other banks to higher - yielding government Islamic bonds.

Gas Rewards expire 30 days from date of issuance and each Gas Reward is valid for one fillup of up to 25 gallons of fuel, subject to credit card transaction value restrictions.

«We request that you oppose any new requirements that would delay the issuance of bonds for affordable housing purposes, especially where the sate has no credit risk such as with local issuances of such bonds,» New York State Association For Affordable Housing president Jolie Milstein said at the Albany hearing on Monday.

-- An offset project developer shall submit an offset project approval petition providing such information as the Administrator requires to determine whether the offset project is eligible for issuance of offset credits under rules promulgated pursuant to this part.

-- Except as provided in subsection (d) with respect to issuance of a term offset credit, for each type of practice listed under section 503, the Secretary shall establish requirements to account for and address reversals, including --

«(b) Issuance Of Offset Credits.

-- In promulgating regulations under subsection (b)(1) with respect to the issuance of international offset credits under subsection (c), (d), or (e), the Administrator, in consultation with the Secretary of State and the Administrator of the United States Agency for International Development, may modify or omit a requirement of this part (excluding the requirements of this section) if the Administrator determines that the application of that requirement to such subsection is not feasible.

Except as otherwise provided in this section, the issuance of international offset credits under this section shall be subject to the requirements of this part.

Nothing in this paragraph shall affect the issuance of offset credits under section 740.

«(i) ensures that the requirements of this part apply to the issuance of international offset credits under this section; and

(b) Issuance of offset credits.

-- In this subsection, the term «sectoral basis» means the issuance of international offset credits only for the quantity of sector - wide reductions or avoidance of greenhouse gas emissions, or sector - wide increases in sequestration of greenhouse gases, achieved across the relevant sector of the economy relative to a domestically enforceable baseline level of absolute emissions established in an agreement or arrangement described in subsection (b)(2)(A) for the sector.

-- An offsets reserve referred to in paragraph (2)(A) is a program under which, before issuance of offset credits under this part, the Administrator shall subtract and reserve from the quantity to be issued a quantity of offset credits based on the risk of reversal.

«(C) the reduction in emissions from deforestation has occurred before the issuance of the international offset credit and, taking into consideration relevant international standards, has been demonstrated using ground - based inventories, remote sensing technology, and other methodologies to ensure that all relevant carbon stocks are accounted;

«(A) identify sectors of specific countries with respect to which the issuance of international offset credits on a sectoral basis is appropriate; and

-- Within 18 months after the date of enactment of this section, the Administrator shall promulgate regulations to provide for the issuance of offset credits for the destruction, in the calendar year 2012 or later, of chlorofluorocarbons in the United States.

If such projects are added to the list under section 733, the issuance of offset credits for such projects under part D of title VII shall be governed by the requirements of such part D, while the issuance of offset credits for such projects under this paragraph shall be governed by the requirements of this paragraph.

It is also unlikely to help disenchanted project developers realise a return on their initial capital investments, since the price level for credits will remain so low that it offers scant margin on top of the administrative costs of credit verification and issuance.

Utilizing a $ 10 million federal enhancement grant and a $ 100,000 contribution from the Texas Education Agency (TEA), TCEP provides credit enhancement for municipal bonds that provide financing for the acquisition, construction, repair or renovation of Texas charter school facilities (including certain refinancing of facilities debt that meet federal guidelines), by funding a debt service reserve fund for such issuances.

His dissertation research examines school district debt issuance, credit constraints, and their relationships with school capital investments, investments which have been shown to improve a range of important public policy outcomes.

Approve project, as appropriate, and authorize the issuance of a term sheet and completion of negotiations of a credit agreement.

Two of the largest risks are that the average credit quality of bonds in this sector is well below investment grade and the heavy issuance of zero coupon bonds creates a sector that has one of the longest durations in the municipal bond market.

For someone who's hovering at a 680, a 90 - day credit card account could see a dip of 80 points if they've been late and hit with back to back delinquency issuances.

Credit metrics deteriorate before defaults happen, and it takes three years afteer the peak of issuance to see how bad it will be.

Of note, the new Chinese muni bonds were priced tight at issuance and they continue to trade at tight credit spreads above the sovereign bond yields.

The effect of this rule is that a taxpayer who purchases a tax - exempt bond subsequent to its original issuance at a price less than its stated redemption price at maturity (or, if issued with OID, at a price less than its accreted value), either because interest rates have risen or the obligor's credit has declined since the bond was issued, and who thereafter recognizes gain on the disposition of such bond will have part or all of the «gain» treated as ordinary income.

«If you file with a different name, it could take longer to process your tax return, result in denied tax credits or deductions and delay the issuance of a tax refund,» said Martin.

The Federal government will be supporting the issuance of these bonds through tax credits.

You are responsible for any taxes, fees, or other charges associated with the issuance of tickets for airline travel but not otherwise covered by the airline's redemption of travel rewards, which must be charged to your Credit Union credit card at the time of redemCredit Union credit card at the time of redemcredit card at the time of redemption.

E.g., BankAmericard ® Credit Card has zero transfer fee if the transfer is made within 60 days of issuance of the card, beyond that period any transfer would be subjected to transfer fees.

Lenders use credit scores to makes decisions on the interest rates on your credit instruments or loans, issuance of loans or credit cards, and increasing credit... Read more»

Until the 2007 collapse of the U.S. subprime mortgage industry and resulting credit crisis, Lehman generated a significant portion of its revenue through the issuance of mortgage - backed and asset - backed securities.