Sentences with phrase «price at issuance»

These securities are known as Original Issue Discount (OID) bonds, since the difference between the discounted price at issuance and the face value at maturity represents the total interest paid in one lump sum.

Not exact matches

«While everyone is focused on valuation and bubbles (to some degree rightfully so), the fact remains that the last few years have been supported by a low level of net equity issuance that has, all else equal, supported prices,» says Dan Greenhaus, chief global strategist at BTIG.

Funding its ballooning deficit, which can't be plugged with asset sales and debt issuance alone, and improving its economic situation are partly why Saudi Arabia, the largest producer in the OPEC oil cartel, disagreed to any cut in production at the December OPEC meeting, and more recently has been discounting the price of oil to its customers.

In this edition of Capital Markets View, Chris Porter, Head of Loan, Recovery & CLO Business Development and Taron Wade, Director at LCD, part of S&P Global Market Intelligence discuss: New issuance and the increase in M&A plus fresh LBOs; The uptick in loan pricing and the rise in the size of Term Loan Bs; CLO pricing and the arbitrage.

Each share of convertible preferred stock may be converted, at the option of the holder, at any time into common stock as is determined by dividing the applicable original issue price by the conversion price as adjusted for certain dilutive issuances, splits and combinations.

Upon the closing of this offering, a total of shares of common stock will be outstanding, assuming the automatic conversion of all outstanding shares of preferred stock into shares of common stock upon the completion of this offering and the issuance of shares of common stock upon the assumed net exercise of warrants that would otherwise expire upon the completion of this offering at an assumed initial public offering price of $ per share.

Usually there is a price stipulation where the price of the shares would be greater than the market price at the time of issuance.

This puts central banks in a position where they will have attempt to control interest rates not by discounting lending, but by buying debt from the government directly, so that markets don't price the new issuance at a level that would destroy the nation's ability to service a debt load that is growing larger all the time.

The Narula Group has agreed to accept the first $ 2,660,000 of its Achieved Margin Share through the issuance of 950,000 shares of RIBT's common stock at a fixed purchase price of $ 2.80 per share («Margin - for - Shares Mechanism»), representing a premium of 52 % to the closing price on the date immediately prior to signing.

Of note, the new Chinese muni bonds were priced tight at issuance and they continue to trade at tight credit spreads above the sovereign bond yields.

For example, if a $ 5,000 tax - exempt bond (issued at par on January 1, 2003) with a 20 - year maturity were purchased five years after its issuance (on January 1, 2008) at a price of $ 4,400, the market discount would be $ 600.

A bond with a «Put option» works in exactly the opposite manner, wherein the investor can sell the bond to the issuer at a specified price before its maturity if the interest rates go up after the issuance and the investor has other, higher - yielding investment options.

The effect of this rule is that a taxpayer who purchases a tax - exempt bond subsequent to its original issuance at a price less than its stated redemption price at maturity (or, if issued with OID, at a price less than its accreted value), either because interest rates have risen or the obligor's credit has declined since the bond was issued, and who thereafter recognizes gain on the disposition of such bond will have part or all of the «gain» treated as ordinary income.

Thinking of bonds as having sold a put option to the equity, why not look at the amount that the stocks of the companies issuing the bonds had fallen in price since issuance of the bonds?

Historically an alternative practice of issuance was for the borrowing government authority to issue bonds over a period of time, usually at a fixed price, with volumes sold on a particular day dependent on market conditions.

The fund employs leverage through the issuance of senior fixed rate notes which creates an opportunity for increased income, but, at the same time, creates special risks (including the likelihood of greater volatility of net asset value and market price of common shares).

The era of buying back at high prices gives way to equity issuance at low prices.

Enjoy world - class services at prices starting at Rs 3 / day, instant policy issuance, single - field superfast quotes, hassle - free claim settlements and more.

The fact that the issuance was undertaken at such a discount to the prevailing market price for KONA stock raises a red flag for us.

Under certain circumstance, the issuance of the preferred stock could make it more difficult for a third party to gain control of Forward, discourage bids for the common stock at a premium, or otherwise adversely affect the market price of our common stock.

The warrants feature full anti-dilution protection, including preservation of the right to convert into the same percentage of the fully - diluted shares of the Company's common stock that would be outstanding on a pro forma basis giving effect to the issuance of the shares underlying the warrants at all times, and «full - ratchet» adjustment to the exercise price for future issuances (in each case, subject to certain exceptions), and adjustments to compensate for all dividends and distributions.»

So, that's my preferred measure for how much has the underlying value of the firm increased: growth in fully diluted tangible book value (ex-AOCI), adding back dividends, and subtract out net equity issuance / buyback measured not at cost, but at the current market price.

Growth in fully diluted tangible book value (ex-AOCI) is a good measure of firm performance, if you add back dividends, and subtract out net equity issuance / buyback measured not at cost, but at the current market price.

I remain convinced that the enormous issuance of government liabilities we've observed is likely to result in a longer - term upward shift in the U.S. price level, but there is not an immediate reason to expect inflation pressure at horizons of less than a few years.

Of course, new share issuance only makes sense if it's priced at levels near / in excess of EIIB's own NAV / intrinsic value.

For instance, a bond that trades at $ 102.50 means that for each $ 100 of nominal value, you pay $ 2.50 more than the initial issuance price.

The firm offers a 12 - month startup kit to clients priced at $ 2,599, which includes an hour - long initial meeting, plus a further 30 minutes in consultations per month, as well as incorporation, share issuance and other discounts.

If you find a New York DMV approved online defensive driving course at a lower price at any time prior to certificate issuance, we will beat that price by 5 %, except where recalculation of discounted price would result in a price prohibited by law, in which case we will match the lowest price permitted by law.

If you find a Virginia DMV approved online driver improvement course at an advertised price lower than ours at any time prior to certificate issuance, we will beat that competitor's price by 5 %, except where recalculation of discounted price would result in a price prohibited by law, in which case we will match the lowest price permitted by law.

If you find a DHSMV approved online Florida ADI school course at a lower price at any time prior to certificate issuance, we will beat that price by 5 %, except where recalculation of discounted price would result in a price prohibited by law, in which we will match the lowest price permitted by law.

If you find a State of Florida approved 12 - hour online ADI course at a lower price at any time prior to certificate issuance, we will beat that price by 5 %, except where recalculation of discounted price would result in a price prohibited by law, in which case we will match the lowest price permitted by law.

We guarantee that if you find a Florida DHSMV approved online traffic school course at a lower price at any time prior to certificate issuance, we will beat that price by 5 %, except where recalculation of discounted price would result in a price prohibited by law, in which case we will match the lowest price permitted by law.

Looking at different parts of the cryptocurrency market such as the supply, circulation, market cap, and rate of issuance, one can deduce certain characteristics of what may happen to pricing.

The ethereum founder has always been uninterested in price, which he sees as a distraction to developing the protocol, but his «meta April Fool's» proposal to cap ETH's total token issuance at 120 million could be interpreted as a measure to reassure jittery investors.

Forward - looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward - looking information, including but not limited to: risks related to changes in cryptocurrency prices; the estimation of personnel and operating costs; general global markets and economic conditions; risks associated with uninsurable risks; risks associated with currency fluctuations; competition faced in securing experienced personnel with appropriate industry experience and expertise; risks associated with changes in the financial auditing and corporate governance standards applicable to cryptocurrencies and ICO's; risks related to potential conflicts of interest; the reliance on key personnel; financing, capitalization and liquidity risks including the risk that the financing necessary to fund continued development of the Company's business plan may not be available on satisfactory terms, or at all; the risk of potential dilution through the issuance of additional common shares of the Company; the risk of litigation.

«The debt markets are extremely well - priced right now,» said Bruce Schonbraun, managing partner with Schonbraun, Safris, McCann, Bekritsky & Co., LLC of Roseland, N.J. «There are still vast amounts of debt available, and we're seeing great activity at all levels as to debt issuance.»

Equity investors are happy to give more money to REITs to invest: most of the investment trusts are trading at prices higher than the accounting value of their assets, meaning stock issuance is relatively cheap for them.

• equity issued by us in exchange or conversion of exchangeable senior notes based on the stock price at the date of issuance;