Sentences with phrase «on subordinated notes»

Payable at regular intervals on the subordinated notes, but discretionary on the capital notes

An investment newsletter compares the interest rate payable on subordinated notes issued by Company A to corporate bonds issued by Companies B and C. Is this a fair comparison?

Not exact matches

** From 2017, in accordance with IAS 33, the earnings per share and diluted earnings per share are calculated based on net income (Group share) less the net - of - tax interest paid to bearers of subordinated perpetual notes (hybrid bonds).

There is no scheduled amortization under the Asset - Based Revolving Credit Facility; the principal amount of the revolving loans outstanding thereunder will be due and payable in full on May 17, 2016, unless extended, or if earlier, the maturity date of the Senior Secured Term Loan Facility and the Senior Subordinated Notes (subject to certain exceptions).

2016.01.13 Royal Bank of Canada announces NVCC Subordinated Debenture Issue Royal Bank of Canada (RY on TSX and NYSE) today announced an offering of $ 1.5 billion of subordinated debentures (â $ the Notesâ $) through its Canadian Medium Term NotSubordinated Debenture Issue Royal Bank of Canada (RY on TSX and NYSE) today announced an offering of $ 1.5 billion of subordinated debentures (â $ the Notesâ $) through its Canadian Medium Term Notsubordinated debentures (â $ the Notesâ $) through its Canadian Medium Term Note Program...

2015.05.29 Royal Bank of Canada announces NVCC subordinated debenture issue Royal Bank of Canada (RY on TSX and NYSE) today announced an offering of $ 1 billion of subordinated debentures («the Notes») through its Canadian Medium Term Note Program...

Royal Bank of Canada (RY on TSX and NYSE) today announced an offering of $ 1.5 billion of subordinated debentures (â $ the Notesâ $) through its Canadian Medium Term Note Program...

note: Michelle Rhee was on the board of directors of Kevin's privatized High School charter — during the time when there were financial illegalities & misappropriations ($ 400,000) of federal grants and also a pattern of outlandish sexual misconduct perpetrated by school director Kevin Johnson involving students (minor teens) & subordinate (Americorps) school staff.

[239] As noted in Section 2 - 1 above, the TIFIA lien on pledged revenues can be subordinated to those of senior lenders to the project except in the event of bankruptcy, insolvency, or liquidation of the obligor.

QUANTUMONLINE.COM SECURITY DESCRIPTION: SCANA Corp., 2009 Series A, 7.70 % Enhanced Junior Subordinated Notes, issued in $ 25 denominations, redeemable at the issuer's option on or after 1/30/2015 at $ 25 per share plus accrued and unpaid interest, and maturing 1/30/2065 which may be extended to 1/30/2080.

If there are limits on the company's ability to pay interest or repay principal to subordinated note investors while it has senior debt

Interest payments on bank subordinated notes are payable at regular intervals, while distributions on capital notes are at the discretion of the bank.

Whether the company generates enough cash to make payments on both senior debt and subordinated notes, now and in the future

A bank has both capital notes and subordinated notes on issue.

The calculated multiples for the notes are sufficient to maintain the current ratings on the senior, subordinate and junior subordinate notes.

NEW YORK --(BUSINESS WIRE)-- Fitch Ratings has affirmed the ratings on the senior, subordinate and junior subordinate notes for National Collegiate Trust (NCT) 2007 - A student loan asset - backed notes issued by First Marblehead Corporation (FMD).

Fitch affirms the senior, subordinate and junior subordinate notes, and maintains a Negative Outlook on the following National Collegiate Trust Series 2007 - A student loan asset - backed notes:

Shortly after we opened the position ACLS failed to make a payment required under its 4.25 % Convertible Senior Subordinated Notes, which meant that the company was required to repay the outstanding principal amount of the notes plus a maturity premium and accrued interest (a total payment of approximately $ 85 million) on JanuarNotes, which meant that the company was required to repay the outstanding principal amount of the notes plus a maturity premium and accrued interest (a total payment of approximately $ 85 million) on Januarnotes plus a maturity premium and accrued interest (a total payment of approximately $ 85 million) on January 15.

(i) A national bank must disclose clearly on the face of any subordinated debt note the following language in all capital letters

The Subordinated Notes have no fixed final maturity date; however, the Company has the right to redeem all, but not less than all of the Subordinated Notes at its option on the seventh anniversary of the issue date, and subsequently on every fifth anniversary thereafter.

The firm is frequently called upon by major players in the region to advise on a variety of corporate finance mandates, with recent work highlights including assisting a group of financial institutions, acting as the deal managers, with General Shopping's offer to exchange subordinated unsecured notes for senior secured notes and equity.

Edward Sunderland acted for HSBC Bank on the amendment of Capital Bridging Finance No. 1 Limited securitisation documents to replace the mezzanine note with variable rate subordinated secured notes.

The Committee on the Elimination of Discrimination Against Women has also noted that Articles 2,5,11,12 and 16 of CEDAW require States to act to protect women against violence of any kind occurring within the family, workplace or any other area of social life and that traditional attitudes which subordinate women, including forced marriages, will breach Articles 2 (f), 5 and 10 (c) of CEDAW.

The Committee on the Elimination of Discrimination Against Women has also noted that Articles 2,5,11,12 and 16 of CEDAW require States to act to protect women against violence of any kind occurring within the family, workplace or any other area of social life (84) and that traditional attitudes which subordinate women, including forced marriages, will breach Articles 2 (f), 5 and 10 (c) of CEDAW.

The Investcorp / TriLyn team will actively target income - producing commercial and multi-family residential properties in major markets throughout the United States, with a focus on acquiring or originating senior mortgage loans, subordinated debt (B notes), mezzanine debt, and bridge loans secured directly or indirectly by commercial real estate.