Sentences with phrase «on debt servicing»

It has a permanent tax base, so in theory it can time - shift its debt obligations indefinitely - without even reducing the bond - rating by simply shifting the ratio of revenue spent on debt servicing versus every other obligation.

Mozambique continues to spend more on debt servicing than on health and education combined.

By 2025 - 26, the province will be spending $ 16.9 - billion on debt service charges, or 8.8 per cent of revenue.

«It relies on debt service savings, re-estimates and on Medicaid revenues, and not on agency efficiency initiatives.»

As of June 30, 2015, Fuller Road Management was out of compliance with its lenders on its debt service coverage ratio, which is a measure of SUNY Poly's ability to repay its debt.

the disclosure of certain enumerated events affecting a municipal security; these events include the following, if material: (1) principal and interest payment delinquencies; (2) non-payment related defaults; (3) unscheduled draws on debt service reserves; (4) unscheduled draws on credit enhancements; (5) substitution of credit or liquidity providers; (6) adverse tax events affecting the tax - exempt status of the security; (7) modifications to rights of securities holders; (8) bond calls; (9) defeasances; (10) release, substitution, or sale of property securing repayment; (11) rating changes; (12) failure to provide annual financial information as required; the MSRB, Electronic Municipal Market Access (a.k.a. EMMA) provides free access to municipal disclosures, market data and education

Monoline lenders are quite restrictive because they are back - end insured by CMHC, Canada Guaranty or Genworth therefore, their tolerance for exceptions on the debt service ratios is extremely limited.

(For more on debt service ratios, see my post on how they are used by your lender.)

I don't have much money coming in so I'm still having to — you know, I don't have a huge amount of money to be putting on debt service and paying down student loans and everything.

Although 2011 has seen a slight improvement and witnessed the rate of household income spent on debt services fall from 13 % to 11 %, the good citizens of America are still investing vast sums of money into outsourcing the management of their debt.

Japan is spending 50 % of its taxes on debt service.

Montegra has no rigid rules on debt service coverage, vacancy rates, property types, or the other bank requirements that create road blocks to getting loans approved and underwritten.

Not exact matches

Meanwhile, as the government takes on more debt to fund its daily operations, the cost to service that debt will take up a larger chunk of government spending as well.

They've become routine, as companies struggle to service the debt they took on to finance their drilling; there were 77 North American energy bankruptcies between the beginning of 2015 and mid-May.

The cost of servicing the exploding debt would exert tremendous pressure on the government to eliminate investments that could fuel growth.

After just 18 months of offering voice - over services on Fiverr, Young paid off the family's debt, and now, since selling his first service in February 2013, Young has made nearly $ 1 million in income.

When Hausmann was challenged on the point that the U.S. was actually paying to service its debt, he replied: «Yes, but they are making much more money on their investments abroad than they are paying on their liabilities abroad.»

In 2015, on the one - year anniversary of its report, Bragg delivered a harsh message to fans of big government: The province needs to cut its civil service, he said in a keynote address, and use the savings to dig Nova Scotia out of debt.

As Bloomberg pointed out last month, Spotify's recent deal to raise $ 1 billion in convertible debt valued the company at roughly $ 8 billion and put additional pressure on the streaming service to go public.

Forget about household spending: with debt at record levels, consumer spending on new goods and services will be restrained.

Kantrowitz would like to see Congress require debt relief services to «clearly and conspicuously disclose in their advertising and on their websites» that borrowers can consolidate their loans on their own for free at StudentLoans.gov.»

Accounting firm EY says debt levels and an ongoing focus on costs is placing more pressure mining services companies in Western Australia.

The PSLF, established by President George W. Bush in 2007, allows student loan borrowers who pursue government or non-profit public service jobs to wipe out their remaining debt after 10 years of on - time payments.

Governor Snyder has said that the bankruptcy filing will allow the city to spend more money on public services because less of its money will be hurdled toward paying interest on debt.

The basic problem is that during each recession, governments increase their debt load to stimulate the economy and maintain (or even increase) services, but rarely cut back on their debt loads or services during the prosperous times — creating a long - term upward trend in indebtedness that Tony Boeckh of The Boeckh Investment Letter calls the «debt supercycle.»

Once a symbol of U.S. industrial strength, Detroit fell on hard times due to population loss, rampant debt and financial mismanagement that left it unable to provide basic services to residents.

h) the effect of the services on collection efforts of the creditors of the consumer or their debt collectors.

And, debt service will require cash profitability to pay the interest expense on that debt.

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.

«A 35 - year or longer mortgage encourages people to take on more debt than they can really afford,» says Debbie Klein, a manager with Credit Counselling Services of Alberta Ltd..

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.

At that price, if 1995 earnings hold steady, a new owner can cover debt service, earn out an adequate return on capital, and still hire a manager.

Shares of Singapore - listed offshore services company Ezra Holdings hit record low on Wednesday as concerns over its debt obligations continue to mount.

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.»

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.

Those payments cover both the loan payment to the state and 90 percent of the annual debt service on bonds the city issued to build the arena, city Finance Director Todd Hurley said.

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.»

Using one of these services will help speed up your debt payment and get you on the path to investing.

Prepa said on Wednesday that it was financing its principal and interest payment with $ 153 million in cash and the rest from its debt - service reserve accounts.

Taxpayers who do not own their home have no comparable ability to deduct interest paid on debt incurred to purchase goods and services.

On the demand side it seems plausible that, as people get richer, more of their income can be spent on financial services, including debt servicing, as proportionately less needs to be spent on necessitieOn the demand side it seems plausible that, as people get richer, more of their income can be spent on financial services, including debt servicing, as proportionately less needs to be spent on necessitieon financial services, including debt servicing, as proportionately less needs to be spent on necessitieon necessities.

Investment Industry Regulatory Organization of Canada (IIROC) IIROC was created in 2008 through the consolidation of the Investment Dealers Association of Canada and Market Regulation Services Inc. and is the national self - regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

The new debt service and lease obligations won't break their backs, but they'll be added new weight on backs already bent.

As debts grow, more income must be paid out as interest and amortization rather than being available for spending on goods and services.

So the short answer to the question: Yes, imposing new costs — debt service, dividend payments, or lease costs — on these spinoffs will make life harder.

A feudal economy is based on rent and debt service.

On average, self - employed Greeks spend 82 % of their monthly reported income — ie, the amount they declare to the tax office — on servicing debt paymentOn average, self - employed Greeks spend 82 % of their monthly reported income — ie, the amount they declare to the tax office — on servicing debt paymenton servicing debt payments.

Unless this tax favoritism is reversed, more and more revenue will be diverted away from spending on consumption and investment to pay debt service and «financialize» the economy even more.