Sentences with phrase «refinancing bond debt»

At the time, the bond industry news covered it in depth, California's Cash - Out Deals Stir Debate and so did the San Jose Mercury News School districts, including many in valley, on thin ice in refinancing bond debt.

The city recently refinanced its bond debt to take advantage of low interest rates and intends to continue to pursue low rates to finance a longer - than - usual list of capital projects for the next few years, said Ald.

Not exact matches

In March 2018, SES secured an eight - year EUR 500 million Euro Bond at a low annual coupon of 1.625 % which allows SES to refinance an upcoming debt maturity at more favourable terms.

Second, the tax bill may do away with 2 specific types of municipal bond issues: tax - exempt advance refundings, which are tax - exempt bonds issued to refinance existing municipal debt, and private activity bonds, which are issued by non-government borrowers such as hospitals, airports, and private universities.

The government also needs to refinance a 1 billion - euro bond maturing in November and a smaller yen note due in July, according to data on the website of the debt - management agency, known as AKK.

The proximate cause of death for virtually every defaulting junk bond is a liquidity crisis occasioned by either an inability to generate enough cash to service debt, or an inability to refinance maturing debt.

AXL also recently issued $ 200MM its 2019 bonds, which gives some indication that the company can get bond investors to refinance existing debt as needed.

Reflecting its unparalleled access to the debt capital markets of the four Nordic nations, Nordea Markets raised $ 18.7 billion in 221 bond deals in 2013 — more deals than any other bank — in addition to numerous refinancings and restructurings.

Verizon Communications, which sold $ 49 billion of debt last September in the largest bond sale ever, has returned to the bond market repeatedly this year to take advantage of low interest rates to refinance outstanding debt.

MUNDELEIN — The Park District will save $ 356,373 over the next 12 years from its recent refinancing of a $ 5 million bond debt in 1989.

A lawyer and a certified public accountant, Suozzi earned high marks for overhauling Nassau County's government, refinancing its debt, improving its bond ratings, and helping rescue it from the brink of insolvency, partly by pushing for tax increases.

New City — In a productive night for county government, the Rockland Legislature approved a number of major resolutions including a request that the New York Legislature allow a bonding and refinancing of county debt and a new program to encourage voluntary resignations from county positions to save money.

The request for the NYS Legislature to issue bonds aims to refinance $ 96 million in county debt, allowing the county to manage its deficit in an effective manner.

Now, with the aid of the Erie County Fiscal Stability Authority (a.k.a. «the control board»), we have been able to refinance much of our debt at lower interest rates making use of the control board's superior bond rating.

«The cleanest way is just to refinance those bonds, which in the scheme of how much debt the Thruway Authority has, would be pretty easy to do and not much of a burden,» Cure said.

The Thruway Authority has just under $ 3.4 billion in outstanding debt after refinancing $ 744 million of bonds in December, and will pay about $ 280 million — just under 40 percent of the $ 724 million it projects it will collect in tolls — servicing it next year, according to its 2015 budget.

Liu's campaign responded to Avella's attack by saying the former comptroller saved taxpayers $ 5 billion through a number of means, including audits conducted of city agencies, scrutiny of city contracts and the refinancing of $ 20 billion of outstanding bond debt.

Utilizing a $ 10 million federal enhancement grant and a $ 100,000 contribution from the Texas Education Agency (TEA), TCEP provides credit enhancement for municipal bonds that provide financing for the acquisition, construction, repair or renovation of Texas charter school facilities (including certain refinancing of facilities debt that meet federal guidelines), by funding a debt service reserve fund for such issuances.

According to John Musso of the Association of School Business Officials International, advance refund bonds «are a cost - effective way for districts to refinance high - interest debt at lower - interest rates, potentially saving hundreds of thousands of taxpayers» dollars in lower debt payments.

The borrower also issued $ 54 million in State bonds in the public debt markets to refinance the remaining senior debt.

A reopening of the bond market following last year's credit freeze is allowing companies to refinance debt, keeping defaults lower than they otherwise would be.

The «B» notes, capital appreciatin bonds, that they offered in 2011 refinanced prior debts, and left $ 21 million to be used as they wished, which raised the hackles of the California Attorney General, though nothing came of that.

After the program of MBS and debt accumulation by the Fed ended, they were still «recycling» inbound proceeds from maturing and refinanced mortgages to purchase replacement bonds for a number of years.

Proceeds of these bonds can be used for expenditures, debt service reserve funds and costs of issuing the bonds but not to refinance capital expenditures, so - called refunding issues.

SoFi's first program of the year features bonds secured by loans that refinance student debt of those who have large incomes -LSB-...]

Social Finance (SoFi) has kicked off 2018 with a bang, offering their bonds backed by loans, refinancing student debt of borrowers with advanced degrees, or high incomes.

That surge in investor interest in corporate bonds made it easier for companies to refinance their debt and lower their borrowing costs

Dewey is certainly not the only firm to use a bond offering to refinance debt.

Lenders, rating agencies and bond buyers worry that a sale or refinance may not cover the debt if a property fails to perform.

Most REITs have taken advantage of favorable bond - market conditions in order to refinance existing debt, lowering their debt - service obligations.