Sentences with phrase «of the debt service for»

call for a revision of the current formula for setting rates which requires rates to be set to fully cover the cost of operating the system, the cost of debt service for capital work and a rental payment to the City of New York, which is set at 15 % of the debt service,

Even if the path for tightening is described as ultra-slow and measured, investors will need to weigh just how much the higher costs of borrowing might adversely impact the cost of debt servicing for corporations; that is, we may see further erosion of profitability from an earnings picture that is already flat.

Not exact matches

This will set off a vicious cycle of higher deficits that lead to higher debt, which in turn will mean higher interest costs and less funding available for healthcare, education and other provincial services.

Carnival was originally a subsidiary of American International Travel Service (AITS), but in 1974, Arison bought Carnival for $ 1, along with $ 5 million in assumed AITS debt.

Sheffield Resources has mandated finance group Taurus to arrange a $ US200 million ($ A255 million) debt facility for development of its Thunderbird mineral sands project, and also named GR Engineering Services as its preferred contractor.

«That is particularly important given the current business climate, where keeping debt service under control is a priority,» says David Markovchich, director of business development for the Authority.

In 2015, Kindred acquired Gentiva Health Services for $ 1.8 billion, turning it into the biggest U.S. provider of home health and hospice care, but also saddling it with debt.

Lower interest rates, the report noted, could provide some cushion for debt servicing to vulnerable firms with an interest cover between 1 and 1.75 - comprising around 15 percent of the total debt of top 500 listed borrowers in fiscal 2015.

Trump told his supporters that he and they, «owe Clinton a major debt of gratitude for her service to the country.»

«Much of the welfare state concept was always an illusion, one financed by lavish amounts of debt for which present and future taxpayers will pay in the form of higher taxes and reduced services during their lifetimes,» writes University of Calgary lecturer Mark Milke in a recent article.

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.

That is, when debt service ratios are calculated using the discounted mortgage rates actually charged by banks (about 125 percentage points below posted rates), the average Canadian homeowner is paying just 25 % or so of income on mortgage payments, far below the 32 % benchmark used for mortgage - insurance qualification.

The Bank of Canada, for one, has carefully assessed the economic risks of consumer debt in order to determine how quickly it can raise interest rates without piling on too many debt - servicing costs for over-stretched households.

And massive debt service costs could limit the carrier's ability to maintain or raise the dividend on its stock, which is one of the primary attractions for investors.

«Hillary has worked very long and very hard over a long period of time, and we owe her a major debt of gratitude for her service to our country,» Trump said.

Your debt - service coverage ratio, also known as the debt coverage ratio, is the ratio of cash a business has available for servicing its debt, which includes making payments on principal, interest and leases.

A customer - service rep named Talia Jane, who worked for the company's food delivery arm Eat24, wrote an open letter to Yelp CEO Jeremy Stoppelmann on Friday explaining how she could not afford to pay groceries, had stopped using her heater, spent 80 % of her income on paying rent in San Francisco, and was «balancing all sorts of debt and trying to pave a life for myself that doesn't involve crying in the bathtub every week.»

Of course, often folks using these services for side - income must pay down debt or use the funds to cover other needs.

«It's really a fee for using someone else's money,» explains Todd Christensen, director of education at Debt Reduction Services, a nonprofit debt management and credit counseling organization in Boise, IdDebt Reduction Services, a nonprofit debt management and credit counseling organization in Boise, Iddebt management and credit counseling organization in Boise, Idaho.

Therefore, Debt relief providers will typically charge a fee for services, so be prepared to spend just a little of money for that expert advice and actionable steps to improve your situation!

Meanwhile, the total household debt service ratio, measured as total obligated payments of principal and interest as a proportion of household disposable income for both mortgage and non-mortgage debt, remained flat at 13.8 per cent in the fourth quarter.

These risks and uncertainties include competition and other economic conditions including fragmentation of the media landscape and competition from other media alternatives; changes in advertising demand, circulation levels and audience shares; the Company's ability to develop and grow its online businesses; the Company's reliance on revenue from printing and distributing third - party publications; changes in newsprint prices; macroeconomic trends and conditions; the Company's ability to adapt to technological changes; the Company's ability to realize benefits or synergies from acquisitions or divestitures or to operate its businesses effectively following acquisitions or divestitures; the Company's success in implementing expense mitigation efforts; the Company's reliance on third - party vendors for various services; adverse results from litigation, governmental investigations or tax - related proceedings or audits; the Company's ability to attract and retain employees; the Company's ability to satisfy pension and other postretirement employee benefit obligations; changes in accounting standards; the effect of labor strikes, lockouts and labor negotiations; regulatory and judicial rulings; the Company's indebtedness and ability to comply with debt covenants applicable to its debt facilities; the Company's ability to satisfy future capital and liquidity requirements; the Company's ability to access the credit and capital markets at the times and in the amounts needed and on acceptable terms; and other events beyond the Company's control that may result in unexpected adverse operating results.

This is because the province has accumulated a large public debt that given the prospects for an economic slowdown and / or rising interest rates will potentially increase fiscal pressure via debt service costs which in 2016 - 17 totaled $ 11.7 billion or just over 8 percent of total government spending.

And it was very easy for them to do that without opposition, because in the beginning most of the debts that were owed to the palace itself — both in fees for services the palace provided, or the temple provided (the temple was part of the palace economy), or for land rent by sharecroppers, or for the provision of water and agricultural services to the land.

According to the Schwab Retirement Plan Services survey, more than one - third of millennials reported they can't save for retirement because they're still dealing with the burden of student loan debt.

«Credit - card debt is very likely going to be the most expensive debt that you're ever going to service,» said credit expert John Ulzheimer, who has worked for credit bureau Equifax and FICO, creator of the FICO credit score.

What passed for Soviet Marxism lacked an understanding of how economic rents and the ensuing high labor costs affected international prices, or how debt service and capital flight affected the currency's exchange rate.

And unemployment means no pricing power for labor, no wages to pay off debts accrued during the bubble, a potential wage of foreclosures and a resulting set off layoffs in the service sector.

«Credit - card debt is very likely going to be the most expensive debt that you're ever going to service,» said credit expert John Ulzheimer, who has worked for credit bureau Equifax and FICO, creator of the...

The market for cod is limited, and many of Iceland's quota licences already have been pledged to bankers for loans, whose debt service absorbs much of the export revenue.

The devastating LDC debt crisis of the 1980s, which began in August 1982 when the Mexican government announced that it was unable to service its obligations to foreign banks, ended only in 1990, when these loans were exchanged for a nominal amount of Brady bonds equal to only 65 % of the original notional amount of outstanding loans.

In other words, people have to pay either so much debt or they have to have forced saving, like pension fund saving, that the economy is shrunk for financial reasons, for putting more and more of its money out of the real economy of goods and services into the financial sector.

There are many other ways of allocating a significant portion of the debt - servicing cost to unwilling agents in the economic equivalent of debt forgiveness: to creditors when debt is repudiated, to workers when wages are suppressed in order to increase net revenues for debt servicing, to small business owners when assets are expropriated to pay down debt, and so on.

An array of measures is selected from the overall credit supply (or what is the same thing, debt securities) to represent «money,» which then is correlated with changes in goods and service prices, but not with prices for capital assets — bonds, stocks and real estate.

I don't know, but it's raising the cost of debt servicing more than expected for lots of banks and businesses that borrow in the short - term debt market.

But even if this is all there were to debt — and in fact in my classes at both Peking University and, previously, at Columbia University I propose to my students that one way to think of the lability side of the balance sheet is precisely as a series of formulae that distribute the operating earnings of a company (or the total production of goods and services of a country)-- this would still make it singularly important in understanding the functioning of and prospects for an economy.

In addition, the mortgage market looks set for a particularly heavy year of renewals in an environment where debt - servicing costs are already rising at the fastest pace in a decade.

Huge amounts of money have to be laid out for construction, tracts, and equipment, and getting enough money from ticket sales to cover the debt servicing costs is problematic.

For preferred equity and debt investments, EquityMultiple receives a servicing fee in the form of a «spread» between the interest rate being paid to them by the sponsor or originating lender and that being paid to investors.

The incurrence of debt financing would result in debt service obligations and the instruments governing such debt could provide for operating and financing covenants that would restrict our operations.

The standard proxy for growth in debt - servicing capacity is GDP growth, but this is only valid in economies in which GDP growth data is a systems output that measures the underlying performance of the economy.

Russia in fact continued to service the debts for a few more weeks before completely running out of cash by February 1992.

For example, people with lower incomes are likely to be sensitive to interest rate changes because of the potential effects on their employment income and their debt - service costs.

Because the amount of bad debt in each period is almost certainly a growing number, it must follow logically that the GDP growth number observers really want, rather than the one they have — that is, GDP growth as a systems output that can serve as a proxy for debt - servicing capacity — is a declining number, and perhaps even a quickly declining number.

AICPA: 360 Degrees of Financial Literacy: Taxes Edelman Financial Services LLC: Tax & Finance, Credit & Debt Fairmark.com: Tax Guide for Investors IRS Forms and Publications

Erskine Bowles, co-chair of the Simpson - Bowles Deficit Reduction Commission has calculated that service on the interest for that debt alone, if rates stay near record lows, will be $ 1 trillion by 2020!

MH: The problem of inadequate consumer demand to fuel an economic recovery does not lie with the cost of labor so much as with the fact that it is now normal for families to pay a quarter or even a third of their income for debt service.

While this reduces the reported amount of outstanding debt, if the concern is the ability of borrowers to generate the returns needed to service the debt that funded these projects, converting them into equity does not reduce the riskiness of the banking system, nor does it reduce net indebtedness for the country overall.

The proximate cause of death for virtually every defaulting junk bond is a liquidity crisis occasioned by either an inability to generate enough cash to service debt, or an inability to refinance maturing debt.

What's more, almost 2 in 5 parents (19 percent) surveyed said they were unaware of Public Service Loan Forgiveness (PSLF), which can help eliminate debt for parents and students who hold government jobs or work for certain nonprofits.