Sentences with phrase «of debt leverage»

Together they vividly show how the amount of debt leverage can vary between healthy firms with low debt levels and plenty of cash to service it and troubled companies that are heavily leveraged and cash - poor.

They also ignore the role of debt leveraging.

By the time this point has been reached, the financial managers have paid themselves outsized salaries and bonuses, and cashed in their stock options — all subsidized by the government's favorable tax treatment of debt leveraging.

Not exact matches

Although the name has changed, it's still the same industry once denoted as «leveraged buyouts» — that is, the business of buying companies with a thin slice of nonpublic equity and mountains of debt, in which fund managers grab richly generous (to themselves) fees.

On November 16, 2006, Clear Channel Communications, which was publicly traded at the time, announced that it had agreed to a leveraged buyout totaling $ 26.7 billion, including $ 18.7 billion for the shares plus the assumption of $ 8 billion in debt.

In the opinion of the Company's management, the debt - to - capital ratio is useful in an analysis of the Company's financial leverage.

The two - day AIM Summit titled The Shifting Paradigm of Alternative Investments, will see expert speakers discussing risk and return across the private debt space, look into the regulatory aspects, host interactive sessions on the impact of US and European leveraged lending guidelines, among other current market trends.

CLOs largely stick to debts of riskier companies, or leveraged loans.

Tapping into tax credit allocations through the New Market Tax Credits scheme, which offers investors tax credits for investing in CDFIs, generated more than $ 65 million in leveraged debt from TCE and Capital Impact and $ 60 million of tax credit equity from JP Morgan and US Bank.

The «answer» was to financialize the U.S. economy with vast increases in credit, debt and leverage, enabling a hyper - consumerist economy built on a pyramid of debt and leverage.

Concurrent with this orgy of public debt, the State encourages massive expansion of private credit via fractional lending, low bank reserves, and other forms of leverage, in a vain attempt to stimulate demand in an economy burdened with overcapacity, declining employment, marginal return on capital and saturated markets.

EMC's immensity (it had a market cap of $ 55 billion in 2015) and Dell's already leveraged state meant this deal, too, would be paid for mostly with debt — upwards of $ 50 billion.

The move would fly in the face of the Chinese government's mission to bring down the country's soaring debt as the country finds itself reliant on leveraged growth.

When Dell took itself private two years ago, it had relatively little debt and a leverage ratio of just 4.8.

... You know, he's a leveraged buyout guy, so he had a lot of debt, and he wasn't able to continue to invest in the team the way he had been, and I think he got distracted.

Since the leveraged buyout, SRC's sales have grown 40 % per year and are expected to reach $ 42 million in fiscal 1986; net operating income has risen to 11 %; the debt - to - equity ratio has been cut from 89 - to - 1 to 5.1 - to - 1; and the appraised value of a share in the company's employee stock ownership plan has increased from 10?

Private - equity acquisitions of retailers have become increasingly rare, as the investment firms worry about increasing headwinds facing the industry and their portfolio companies struggle with the debt burden left behind from leveraged buyouts.

Leveraged buyouts also require companies to earmark some of their incoming cash to reduce the debt taken on as part of the process of going private.

Caesars Entertainment was taken private in one of the largest and ill - timed leveraged buyouts in history, and the company has struggled under the weight of the debt used to finance the move along with increased competition as more jurisdictions legalize gambling.

«We have changed our view of the difficulties in bridging the gulf between the political parties over fiscal policy, which makes us pessimistic about the capacity of Congress and the Administration to be able to leverage their agreement this week into a broader fiscal consolidation plan that stabilizes the government's debt dynamics any time soon.»

The stable outlook reflects our view that ACT's strong market position in North America and Scandinavia and its continued operating efficiency will insulate it from margin pressure in this highly competitive industry, contributing incremental earnings and generating strong free cash flow for debt reduction that should result in leverage declining quickly to about 3x by the end of 2013.

Considering its strategic orientation of growing through acquisition, ACT has some latitude at the rating for periodically elevated leverage, but we believe that negative rating pressure would emerge if a transaction caused fully adjusted debt to EBITDA to exceed 3.5 x with risky prospects for a return to below 3.0 x. Moreover, the rating would be under pressure if increased competition caused weaker earnings, particularly from merchandise and services, keeping debt to EBITDA above 3x.

Elevated debt levels from the acquisition, after accounting for the recent C$ 345 million equity issue, contribute to estimated pro forma leverage of about 3.5 x, which is high for the rating.

«The tax shield alone that the ESOP provides enables an ESOP to give a small business more debt, more senior credit, than they could get with other access to capital,» explains Mary Josephs, senior vice president of the Leveraged Finance Department at Chicago's LaSalle Bank Corp., an ESOP lender.

After those two leveraged buyouts, Neiman carries long - term debt of $ 4.55 billion, on which it paid $ 289.9 million in interest last year.

The downfall of Toys «R» Us can be traced back to a $ 7.5 billion leveraged buyout in 2005, when Bain Capital, KKR & Co. and Vornado Realty Trust loaded the company with debt.

Owned by private equity group Leonard Green & Partners after a leveraged buyout for $ 1.3 billion in 2006, the company is entering bankruptcy in a bid to held shed much of its debt and clean up its balance sheet.

Over the past 20 years, Canadian households have more than doubled their ratio of debt to disposable income (a key measure of leverage relative to their ability to pay).

The reason is simple: debt - leveraged companies have the hard task of paying their interest obligations out of a flat or declining level of income.

As a result, it is now clear that the U.S. is in the latter stages of the multi-year credit cycle, a period when rising corporate leverage negatively affects returns to corporate debt as investors demand higher risk premiums to compensate for the greater volatility created by increased leverage.

About $ 10 billion of debt was loaded on the company as a result of the leveraged buyout — where the company leverages up its own balance sheet to fund its own buyout and to compensate the PE firms.

Bubble - type prosperity is based on debt - leveraged asset - price gains at the expense of the economy at large.

Debt leveraging inflates property prices, creating (6) hopes for capital gains, prompting buyers to take on even more debt in the speculative hope that rising asset prices will more than cover the added interest, which is paid out of capital gains, not out of current incDebt leveraging inflates property prices, creating (6) hopes for capital gains, prompting buyers to take on even more debt in the speculative hope that rising asset prices will more than cover the added interest, which is paid out of capital gains, not out of current incdebt in the speculative hope that rising asset prices will more than cover the added interest, which is paid out of capital gains, not out of current income.

Our team of credit professionals deliver sales and trading capabilities across a wide range of fixed income asset classes including high yield, distressed and investment grade bonds, convertible bonds, public and private corporate securities, leveraged loans and emerging market debt.

The function of these giveaways is to shift the fiscal burden off land and minerals, oil and gas, real estate and debt - leveraged industry.

But while the value of real estate and equities plunged, the debt incurred to acquire those assets remained, leaving households very highly leveraged.

Kelter estimates if the company took on C$ 1 billion of debt and increased its leverage to three times EBITDA including restructuring or rent costs, it could fund a C$ 6.50 special dividend or buy back up to 12 percent of shares.

The net debt to earnings before interest, depreciation, and amortization (EBITDA) ratio is a measurement of leverage, calculated as a company's interest - bearing liabilities minus cash or cash equivalents, divided by its EBITDA.

In effect, European leaders have announced «We have agreed to solve our debt problem, leveraging money we do not have, to create a fund, which will then borrow several times that amount, in order to buy enormous amounts of new debt that we will need to issue.»

Will this create even larger problems to come, by making the costs of living even higher as labor and industry become even more highly debt leveraged?

Although the bond market is also volatile, lower - quality debt securities, including leveraged loans, generally offer higher yields compared with investment - grade securities, but also involve greater risk of default or price changes.

Other considerations that have historically been important would persist independent of our various concerns about profit margins, Fed - induced yield - seeking, covenant - lite leveraged loan issuance, equity margin debt, economic deceleration, and so forth.

When Buffett purchased $ 2 billion of Energy Future Holding's debt as part of a leveraged buyout of Texas electric utility assets, he made a huge decision ``... without consulting [business partner] Charlie [Munger].

Debt leveraging is depicted as the easiest and even the surest way to accumulate wealth — going into debt to buy assets whose prices are being inflated on credit, or to spend in the hope of paying out of rising and more easily earned future incDebt leveraging is depicted as the easiest and even the surest way to accumulate wealth — going into debt to buy assets whose prices are being inflated on credit, or to spend in the hope of paying out of rising and more easily earned future incdebt to buy assets whose prices are being inflated on credit, or to spend in the hope of paying out of rising and more easily earned future income.

The company has struggled to pay down nearly $ 8 billion in debt - much of it dating back to a 2005 leveraged buyout - and has had trouble finding a buyer.

At Bear, Stearns & Co., Mr. Abbott served as a Vice President in Financial Analytics & Structured Transactions (F.A.S.T) where he structured and reverse engineered complex CDO transactions, secured by a wide range of debt products, including high yield bonds, senior secured leverage loans, trust preferred bank loans, RMBS as well as other esoteric receivables.

Though he often brags about leveraging corporate - finance law to become «The King of Debt,» Trump's numerous bankruptcy filings have left most large Wall Street banks reticent to lend to him, according to The Wall Street Journal.

Yet Mr. Obama's Deficit Reduction Commission is restricting its removal of tax favoritism for debt leveraging only for middle class homeowners, not for the financial sector across the board.

As this kind of company is growing mostly through leverage, the debt level is always an issue.

And thirdly, of course, higher leverage means that monetary policy's impact via its effect on the behaviour of borrowers will be bigger than in the past — especially in a country like Australia where the majority of household debt is at floating rates.