Due to the growing level of consumer debt, the personal financial management offers different types
of debt refinancing.
This type
of debt refinancing is good for those borrowers who fail on their regular payments due to the great amount of loans and difficulties with the management of different loan agreements terms and conditions.
This form
of debt refinancing is beneficial for many apparent reasons.
Sometimes this happens in advance
of a debt refinancing, leading some politicians and bureaucrats to say the forever bogus phrase, «This is not a solvency crisis, this is a liquidity crisis.»
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability
of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost
of accommodating, announced increases in the build rates
of certain aircraft; 6) the effect on aircraft demand and build rates
of changing customer preferences for business aircraft, including the effect
of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result
of global economic uncertainty or otherwise; 8) the effect
of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution
of key milestones such as the receipt
of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation
of our announced acquisition
of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability
of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk
of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production
of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts
of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak
of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact
of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or
refinance debt, including our ability to obtain the
debt to finance the purchase price for our announced acquisition
of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect
of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect
of changes in tax law, such as the effect
of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations
of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect
of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability
of raw materials and purchased components; 23) our ability to recruit and retain a critical mass
of highly - skilled employees and our relationships with the unions representing many
of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment
of interest on, and principal
of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness
of any interest rate hedging programs; 28) the effectiveness
of our internal control over financial reporting; 29) the outcome or impact
of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition
of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result
of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks
of doing business internationally, including fluctuations in foreign current exchange rates, impositions
of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
Spirit AeroSystems Reports Q1 2018 Financial Results; Announces Acquisition
of Asco Industries; Plans
Debt Refinancing; Announces $ 725 Million Accelerated Share Repurchase Plan; Increased Dividend by 20 %
Refinancing of old
debt will pretty much vanish.
This suggests a return to the normalized rate
of 5.5 %, which would result in Ontario's annual interest costs moving from $ 12 billion to $ 13 billion and climbing to $ 17 billion once all
debt is
refinanced.
Mining services group Ausdrill has
refinanced its
debts, announcing today it had signed a new three - year, $ 550 million dual currency facility with a syndicate
of banks.
The time spent in the work force before launching Swift helped Harris
refinance his loans to a lower interest rate through SoFi, one
of a few new marketplace lenders focusing on student - loan
debt.
One
of my constant points on this blog for the last several years has been that households»
refinancing of their mortgage
debt at lower and lower rates has put more money in their pockets for spending and for paying down
debt.
Of a $ 5 - million loan consolidation to refinance his firm, Matrix Asset Management, he told me more than a year ago, «Once we get the transaction out of the way, then all of our debt falls away.&raqu
Of a $ 5 - million loan consolidation to
refinance his firm, Matrix Asset Management, he told me more than a year ago, «Once we get the transaction out
of the way, then all of our debt falls away.&raqu
of the way, then all
of our debt falls away.&raqu
of our
debt falls away.»
The decrease is driven by the
refinancing of the company's
debt completed in 2017.
Using splashy big numbers
of capital market
debt deals is foolish when those deals are
refinancing previous ones at rates hundreds
of basis points cheaper.
Doray Minerals has
refinanced a $ 55 million
debt facility with Westpac to help fund development
of its Andy Well stage 2 gold project in the Murchison region
of Western Australia.
U.S. Sen. Mary L. Landrieu (D, La.), chair
of the Senate Committee on Small Business and Entrepreneurship, and Sen. Jeanne Shaheen (D, N.H.), a senior member
of the committee, have advocated for extending this temporary program that allowed small - business owners to use it to
refinance mortgage
debt.
In March 2018, SES secured an eight - year EUR 500 million Euro Bond at a low annual coupon
of 1.625 % which allows SES to
refinance an upcoming
debt maturity at more favourable terms.
In the absence
of positive developments that shore up investor sentiment, such as a resumption
of growth or rapid progress in achieving fiscal consolidation objectives, neither
of which is likely in the current environment, the government is likely to become increasingly constrained with regard to the terms under which it is able to
refinance maturing
debt.
Perth - based mining contractor Barminco has
refinanced its existing
debts through an issue
of high - yield notes in the United States.
The company is also paying down revolving credit
debt and its term loan A
debt as part
of the
refinancing effort, which includes the nearly $ 3.3 billion sale
of secured notes.
But the announcement
of a
refinancing plan
of up to 2.1 billion dollars (including 1.5 billion
refinancing debt and 600 million dollars from issuing new shares), along with suspension
of dividends to shareholders, is making financial analysts» concerns look justified.
In March, American Apparel announced it was attempting to
refinance a portion
of its
debt.
An alternative is to pay off high - interest credit card balances using another type
of debt consolidation loan or by
refinancing your mortgage with a cash - out option.
In jeopardy
of running out
of cash, the company scrambled to
refinance its
debt in the fall.
Examples
of such projects providing marginal benefits are: improving financial reporting systems through better information technology, minor tweaks to supply chain logistics, cutting back on marketing or increasing low - cost advertising (like social media), «rationalization»
of head count, holding average wages as low as possible, squeezing suppliers a little bit, not repatriating earnings to stave off taxation,
refinancing rather than retiring
debts, and the share buyback that is insensitive to a company's current stock price.
Any
refinancing of our
debt could be at higher interest rates and may require us to comply with more onerous covenants, which could further restrict our business operations.
A cash - out
refinance enables you to take some or all
of that equity out and use it for say, home improvement, credit card
debt repayment or to cover an emergency.
If we do not generate sufficient cash flow from operations to satisfy the
debt service obligations, we may have to undertake alternative financing plans, such as
refinancing or restructuring our indebtedness, selling
of assets, reducing or delaying capital investments or seeking to raise additional capital.
As Scotiabank mentioned in a note last week: «Higher interest rates are going to make the burden
of refinancing the
debt considerably heavier, and as more money goes into servicing the
debt, it means less money is available to spend on other things, which could lead to less infrastructure spending and increased austerity.»
Our ability to restructure or
refinance our
debt will depend on the condition
of the capital markets and our financial condition at such time.
The new tax law significantly limited the ability
of municipal issuers to
refinance their tax - exempt
debt prior to call dates, and many deals were accelerated into the fourth quarter
of 2017 before enactment
of the tax bill.
However, one
of the benefits
of refinancing is that you have the option to choose to do so with a shorter term, allowing you to get rid
of debt faster.
So if you have 20 years left on your home loan and your
refinance using a 30 - year loan, you've just added 10 years to the life
of your
debt.
The reality
of refinancing with a 30 - year loan is that you actually end up with your
debt for longer.
Second, the tax bill may do away with 2 specific types
of municipal bond issues: tax - exempt advance refundings, which are tax - exempt bonds issued to
refinance existing municipal
debt, and private activity bonds, which are issued by non-government borrowers such as hospitals, airports, and private universities.
difficult or impossible to
refinance debt that is maturing in the near term, some
of our portfolio companies may be unable to repay such
debt at maturity and may be forced to sell assets, undergo a recapitalization or seek bankruptcy protection.
You must also meet credit score and
debt - to - income requirements, which differ depending on the type
of cash - out
refinance you receive.
While
refinancing could mean a lower interest rate, better repayment terms, and faster
debt payoff, it's definitely not the best option for 100 percent
of borrowers.
We at Student Loan Hero fully support and advocate the many benefits
of student loan
refinancing as a solution for managing burdensome
debt — for the right borrowers.
Between the
refinancing of existing
debt and new deficits, the Treasury will have to issue about $ 3.5 trillion in
debt this year.
You might even be able to remodel your bathroom or pay off credit card
debt through a cash - out
refinance, home equity loan or home equity line
of credit.
Paying down credit card
debt can benefit your overall DTI as well as your credit score, which could help improve your chances
of getting approved for
refinancing.
Approximately 75 %
of borrowers use Prosper to consolidate or
refinance existing
debt.
Under the FAA, the Minister
of Finance had standing authority to
refinance the government's existing market
debt.
Refinancing her federal student loan
debt at 4.5 percent interest will save her $ 12,000 over the life
of her new loan.
This typically occurs when interest rates decline and the issuer has incentive to
refinance their
debt at lower prevailing levels
of interest rates.
Refinancing modifies your existing student loans to save you money, get you out
of debt faster, and eliminate a bunch
of headaches in the process.
If you're more interested in getting out
of debt sooner and saving big bucks on interest, consider
refinancing to a 15 - year term.
Borrowers who have
refinanced their student loan
debt with lenders on the Credible platform with the goal
of reducing their interest rate, loan term and total amount repaid can expect to save $ 18,668 over the life
of their loan.
Refinancing student
debt is similar to federal student loan consolidation in that borrowers take on a large, single loan in replacement
of several smaller loans.