Sentences with phrase «paying bondholders»

In the first row, the security is paying its bondholders 7 3/4 % interest and is due to mature Feb, 2001.

I don't think they will stop paying bondholders, but the second order effects of closing down large portions of the government are uncertain.

The key thing about service contract bonds is that the State's commitment to pay for them is not legally binding, and the MTA and transit riders are ultimately responsible for paying bondholders if the State reneges on its commitment.

1MDB has a $ 3 billion bond outstanding that does not mature until 2023 but the fund has a strong incentive to pay this back sooner rather than later — even if it means paying bondholders a premium.

The U.S. would have to skip paying bondholders or trim overall spending by 4 % in order to match revenues and outlays.

Of the three big rating agencies, Moody's seems the most chilled out: In a widely circulated memo dated Oct. 7, it said the U.S. would keep its AAA rating as long as it pays bondholders.

According to Griesa (uniquely), this means that if any creditor or vulture fund refuses to participate in a debt writedown, no such agreement can be reached and the sovereign government can not pay any bondholders anywhere in the world, regardless of what foreign jurisdiction the bonds were issued under.

Geithner and Obama lobbied the IMF and ECB shamelessly to bail out Greece, simply so that it could pay bondholders, because U.S. banks had issued credit default insurance (CDS) against Greek bonds and were on the hook for a big loss if a default occurred.

Also, US President Obama and Treasury Secretary Geithner also told Angela Merkel that US banks had made big bets — derivative gambles — that Greece would pay its bondholders, and threatened to hurt European banks if they did not pressure the IMF to bail out Greece.

Greece should learn from America's folly and refuse to borrow from the ECB to pay bondholders on debts that have been run up by not taxing wealth, especially that of the FIRE sector.

These contracts are now under attack — to pay bondholders.

And so you have a system where not only are the banks allocating credit in the economy, but it's the corporate sector itself, the industrial sector, is treating companies, industrial companies, as if the purpose was to squeeze out a financial surplus to pay bondholders and stockholders.

For example, a company that issues a bond generally must periodically pay bondholders interest, but doesn't repay the principal until the bond is redeemed.

The bondholder loans the issuer money and the issuer promises to pay the bondholder interest at a specified rate on the loan for a specified period of time and then to repay the loan at expiration.

The advantage for the investor is that companies are required to pay bondholders first, before short - term creditors, in times of financial difficulty.

On Friday, August 1st, ISDA ruled Argentina's failure to pay bondholders a «credit event».

The issuer is obligated to pay the bondholder a specified amount, usually at specific intervals (interest payments) and to repay the principal amount when the bond matures.

This is the amount the company will pay the bondholder at the end of the term of the bond.

Credit risk: if the issuer runs into financial difficulty or declares bankruptcy, it could default on its obligation to pay the bondholders.

The contract involved an exchange of floating and fixed rates that gave Italy advantages in how it paid bondholders.

Seems like your question is «can a president threaten to not pay bondholders?»

Bond: Evidence of debt in which the issuer promises to pay bondholders a specified amount of interest and to repay the principal at maturity.

Not exact matches

Convertible bonds are securities that pay interest, but give the bondholders the right to convert them to equity shares; they're basically a way to bet on the growth potential of a company without taking the risk of buying common shares.

Some of that cushion is needed to pay interest to bondholders, however, because customers on installment plans don't pay anything extra beyond the price of a phone.

A 1991 feature in Spy magazine summed him up with the headline, «How to Fool All of the People, All of the Time: How Donald Trump Fooled the Media, Used the Media to Fool the Banks, Used the Banks to Fool the Bondholders, and Used the Bondholders to Pay for the Yachts and Mansions and Mistresses.»

I remain intrigued by the possibility of the euro bondholders getting paid.

7 So the exchange bondholders who have euro - denominated bonds may be able to convince courts in Europe to order that they get paid — and those orders might be effective, since they would be entirely outside of U.S. jurisdiction.

But there's a pretty good argument that payments on Argentina's euro - denominated bonds never flow through the judge's jurisdiction: Argentina gives the money to a bank in Buenos Aires, which transfers it to a bank in Frankfurt, which holds it in the name of a bank in Brussels, which transfers it to a London nominee for Belgian and Luxembourg clearinghouses, which pays it to bondholders.

If you were a holdout bondholder and you thought «well but Argentina can't just never pay us or anyone else,» you have to be re-evaluating that theory.

The number one punch against the Ukraine by the IMF was to impose austerity on the pretense (its junk economics) that Ukraine could pay its foreign bondholders with income taxed out of its domestic economy.

IMF loans are made mainly to enable governments to pay foreign bondholders and bankers, not spend on social programs or domestic economic recovery.

Most was paid to French and German banks, along with other European bondholders.

Then, President Obama went to the Group of Twenty meeting, after Tim Geithner, the Treasury Secretary, had been on the phone with Europe, and said that if Greece didn't pay the French and German bondholders, the American banks had made huge bets and would go under — and so would big European banks who were counterparties.

They have a debt to the bondholders and they do pay that.

The money is being provided by other governments (mainly the German Treasury, cutting back its domestic spending) into a kind of escrow account for the Greek government to pay foreign bondholders who bought up these securities at plunging prices over the past few weeks.

The agreement comes weeks after Argentina agreed to pay more than $ 3 billion to other holdouts, including 50,000 Italian bondholders.

More and more draconian austerity measures are used to pay banks and bondholders until these measures reach an intolerable and unsustainable level.

Corporate raiders pay their high - interest bondholders, while financial managers also are using this ebitda for stock buy - backs to increase share prices (and hence the value of their stock options).

To what extent should a country impose austerity and even depression on itself — more than a great recession, an entire lost decade on itself — simply to pay interest to bondholders who've been financing a fiscal system that hasn't really taxed the rich in Greece?

By «clean exit» the EU means that Greece must sell off enough of its assets to pay the ECB for the money it used to bail out bad loans of French and German banks and bondholders who financed tax evasion and capital flight to Switzerland and elsewhere for over 25 years.

• Shareholders are paid after bondholders.

The sharpest declines in private - sector employment have occurred in the «high - tech» industries whose balance sheets have become so debt - ridden that they have been obliged to cut back their investment in order to use what revenues they have to pay their bankers and bondholders.

Geithner and Obama warned that if Greek bondholders were not paid in full, some giant U.S. banks would lose heavily on the default insurance contracts and derivatives they had written, and their losses could spread «contagion» to Europe.

Because bondholders receive a fixed interest rate and get paid before stockholders, bonds are safer investments than stocks.

Investors holding floating - rate loans are considered preferred creditors relative to the issuer's other obligations: If the issuer defaults, loanholders will be paid before other investors, including bondholders.

Strauss - Kahn notoriously overrode his staff when they urged the IMF not to capitulate to ECB demands to pay French, German and other private bondholders with Troika bailout loans for which they made Greek taxpayers liable.

Does that mean bondholders can expect to be paid back roughly 60 cents on every dollar of Puerto Rico debt owned?

If there is no money to pay, foreign bondholders will suffer — as long as Greece puts its own economy first.

But it's easy to imagine a scenario in which banks based in the mainland are told it's illegal to participate in processing payments of salaries for Puerto Rico's police officers because Puerto Rico's bondholders have not yet been paid.

In practice, the IMF simply advances however much a government needs to bail out its bankers and bondholders, pretending that more austerity enhances the ability to pay, not worsen it.