Sentences with phrase «on corporate debt»

The filing comes after General Growth failed to convince the bondholders on its corporate debt to defer loan payments.
Corporate bond defaults appear to have returned to low levels after peaking in 2008 and 2009, but yields on corporate debt are lower than they've been in over 40 years.
8) I like Egan - Jones on corporate debt.
it would mean a change in law, affecting Justice dept. Specifically law around collections on Corporate debt.
Thus, even as longer treasury yields quit rising, the market rate on corporate debt starts soaring, often quite dramatically.
Moreover, the yield on industrial bonds in the Dow Jones Bond Average continues to rise, further widening the risk premium on corporate debt.

Not exact matches

A J.P. Morgan trader known as «London Whale,» meanwhile, lost the firm $ 6.2 billion on bets in the corporate debt market in 2012.
But low interest rates, at least in Canada, have pushed household debt to such vertiginous levels that officials like Carney know they shouldn't be counting on consumer spending to drive the recovery — ergo, the call for more corporate investment.
This fund is run by BTG Pactual and invests corporate and government debt with a focus on Europe, Middle East, and Africa and Latin America.
The deal would load up $ 106 billion of debt, the largest corporate acquisition loan on record, the letter says.
Corporate debt in China exceeds 250 % of gross domestic product, and the government has put restrictions on international investment because the value of the yuan was falling so fast.
Moreover, corporate America has been dependent on low rates to finance the trillions of debt issuance it has taken on during the era of zero interest rate policy, or ZIRP.
«Part of our decision rests on our belief that it would not be in your best interests to purchase a meaningful position in corporate debt in this vehicle, which traditionally has been a very important part of our investment mandate.
But analysts say more still needs to be done on structural reforms to rein in ballooning corporate debt, which has reached levels that the IMF and others have warned sharply raises the risks of a financial crisis.
The combination of lower corporate taxes and lower personal taxes, plus the plan to spend a significantly larger amount on infrastructure, could cause a blow - out in the nation's debt.
That means investors are less concerned about losing their money on lower - quality corporate debt.
BC, Canada's largest telecommunications group, announced the biggest buyout in Canadian corporate history on Saturday, accepting an offer worth C$ 51.7 billion ($ 48.5 billion), including debt, from a group including the Ontario Teachers Pension Plan.
an interest - bearing promise to pay a specified sum of money (the principal amount) on a specific date; bonds are a form of debt obligation; categories of bonds are corporate, municipal, treasury, agency / GSE
«Since June 2010, Gross has been reducing the $ 245 billion fund's vulnerability to interest - rate swings and increasing its reliance on credit quality by shifting from Treasuries to corporate and non-U.S. sovereign debt, a strategy that backfired last month,» according to Bloomberg.
It also appears that the ECB will concentrate on reducing its purchases of government (rather than corporate) bonds, but here issuance is increasing, with the net amount of eurozone government debt set to expand in 2018, in contrast to the contraction seen over the previous 18 months.
Some examples: in the presence of full expensing, a corporate rate reduction has no effect on the cost of capital for equity - financed investments and raises the cost of capital for debt - financed investments.
Highland Capital Brasil Gestora de Recursos («HCB») is an asset management company which pursues investment opportunities in Emerging Market credit strategies with a primary focus on Brazilian corporate debt.
Corporate and household debt has also been on a tear, up to 201 % of GDP at the end of the first quarter from 138 % at the end of 2008 according to Bernstein Research.
We suspect that much of the projected growth benefit from corporate tax reform comes from enacting expensing of equipment, which reduces the entity - level effective tax rate to zero on equity - financed investment and makes it negative if financed in part with debt.
The only variables he admits are structure - free: The federal government can indeed spend more and reduce interest rates (especially on mortgages) so that the higher mortgage debt, student debt, personal debt and corporate debt overhead can be afforded more easily.
The fund focuses on US corporate bonds, convertible securities, foreign debt instruments (including those in emerging markets) and US government securities
As yields on preferred shares rose over the past year and a half, many corporate issuers turned to debt markets as a cheaper source of financing for their funding needs.
In 2012, JPMorgan Chase, the largest bank on Wall Street, lost $ 6.2 billion betting on credit default swaps tied to corporate debt — and then publicly lied about the losses.
Asset Management Equity Financing and Placement Debt Financing and Placement Mergers and Acquisitions Corporate Partnering and Strategic Alliances Restructuring and Workouts Startups and Management Alternative Finance Strategies Advice on Capital Markets Corporate Shareholder Communications Access to Retail, Institutional, and Accredited Investors Database Strategic Introductions to Global Network ConnectInvest - one - on - one Meetings with Global Investors Advice and Introductions on Capital Raises Media and Press Release Distribution Event Creation and Management Representation in Trade Shows and Conferences for Media Exposure
This is especially true on the downside because high yield investors typically are «privy» to bank credit information — trust me, this is true, as our high yield desk was next to the bank debt trading desk and we were very friendly with each other — and can see when corporate numbers are deteriorating well in advance of equity analysts and investors.
The job growth is fake, there's been no wage growth since 1999, inflation numbers are false, government debt is too high, corporate profits are too low, corporate profits are unsustainably high, companies aren't reinvesting their profits, companies are buying back too much stock, the Federal Reserve is propping up the market, the Federal Reserve is keeping rates artificially low, and so on.
Consequently, U.S. Treasury yields have, over the last 30 years, declined more than high - quality corporate debt yields, yields on productive business capital and S&P 500 earnings.
In sovereign debt and, to an even greater degree, corporate bond markets, liquidity hinges in large part on whether specialised dealers («market - makers») respond to temporary imbalances in supply and demand by stepping in as buyers (or sellers) against trades sought by other market participants.
This new US rule, and similar regulation elsewhere, will affect banks globally and have a knock - on effect for corporates worldwide — with direct and indirect effects on debt issuance and stocks worldwide.
Although the largesse is restricted to blue - chip eurozone companies such as food producer Danone or telecoms giant Telefónica, ECB - injected liquidity has spilled into the rest of the market, paring average interest rates on investment - grade corporate debt by some 30 basis points to an even 1 %, Deloitte estimates.
Based on recent corporate leverage, this decline in the cost of debt would increase the typical company's return on equity by more than four percentage points.
Mr. Handa has had involvement in several international jurisdictions and his professional experience has included: work on primary and secondary IPO listings on the Toronto and Hong Kong Stock Exchanges; experience in various debt and equity financing transactions including convertible debentures, off - take agreements, metal streaming agreements, and, brokered and non-brokered financings; implementation of ERP systems to manage full - scale mining operations; implementation of domestic and international tax planning strategies; and implementation of corporate governance and internal control policies to comply with various stock exchange jurisdictions.
In recent months, the yield on US corporate bonds, especially investment - grade securities, is a little more than 100 basis points compared to the yield on government debt, dropping within striking distance of the lows seen post the 2008 financial crisis.
Government or corporate debt instruments (bonds) will pay you interest on the amount you lend for the lifetime of the bond.
The rise in payments on debt is consistent with the growth in the stock of Australian foreign debt, while the increase in payments on equity coincides with a period of strong growth in Australian corporate profitability.
The continuing low level of government bond yields has supported the search for yield that has been evident over the past couple of years, with the spread between yields on US government debt and yields on both corporate and emerging market debt remaining around historical lows over the past three months (Box B).
While the current price / peak - earnings multiple is already at an elevated level above 18, what I'll call the «P / E equivalent» multiples on other fundamentals are: 21 on the basis of book values, nearly 23 on the basis of enterprise value / EBITDA (which factors in the increasing share of debt on corporate balance sheets), over 25 on the basis of revenues, and 29 on the basis of dividends (largely because dividend payout ratios remain relatively low even on the basis of normalized earnings).
With interest rates on low - risk investments falling to low levels in many countries, investors have sought to maintain yields by moving into higher - risk assets such as corporate debt and emerging market debt.
Its $ 46 billion corporate bond issue in January 2016 was hailed as the largest on record; large bond issues were easier to trade than small ones as banks shied from debt capital market in response to capital requirements.
The company had $ 774 million in corporate level debt outstanding at quarter - end, a decline of $ 76 million from year - end 2011, including $ 662 million in non-recourse securitized notes receivable and $ 109 million drawn on its $ 300 million warehouse credit facility.
For broader market analysis on accounting rule manipulations, see my exhaustive reports on corporate disclosure transgressions, off balance - sheet debt, assets write - offs and hidden income and expenses.
The market «prices in» the tax - deductible feature on municipal coupon payments, so when you aren't a beneficiary of said tax treatment, then I (at least) believe it makes more sense to get tax - free income on higher yield corporate debt (of the same credit profile).
A study by the non-profit group European Network on Debt and Development (Eurodad), says that despite recent revelations over corporate tax dodging, the EU still provides a «wide - range» of...
Trying to anticipate the changing environment, and high corporate debt levels, suggest it would be wise to start taking a more defensive position on equities long before yields on 10 - year Treasuries reach 5 %.
His work focuses on financial regulation, corporate law, contracts, and cross-border transactions and disputes, and his most recent article, «Boilerplate Shock: Sovereign Debt Contracts as Incubators of Systemic Risk,» examines the role of financial contracts in the Eurozone sovereign debt criDebt Contracts as Incubators of Systemic Risk,» examines the role of financial contracts in the Eurozone sovereign debt cridebt crisis.
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