Not exact matches
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.
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.
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.
The company was then capitalized by the
issuance of 2.75 million common shares shortly thereafter; 2 million were sold in a private placement
at $ 4.00 per share (Wasilenkoff
purchased 446k shares) with the remaining 750k granted to Wasilenkoff as incentive.
3) Allow «toxic asset»
purchases using public funds only to the extent that the entire
issuance of various securitized mortgage pools can be
purchased «all or none»
at a moderate percentage of face value.
The advantage of a semi-annual interest payment is also more attractive to some investors, not to mention the fact that the yield
at maturity is known
at the time of
purchase (if the bond is held until maturity and rates determined
at the time of
issuance).
Each health plan comes with specific set of riders that can be
purchased at the time of policy
issuance.
HDFC Life, which has taken the POS technology available in the market and customised it for its users by collaborating with reinsurer Swiss Re, says that the system will help customers
purchase insurance
at a faster pace by reducing the policy
issuance time.