Sentences with phrase «repay existing debt»

DDR is using the proceeds from this and other sales to finance a stock repurchase program, repay existing debt, and fund equity requirements in ongoing development projects.

The transaction is part of a larger fundraising exercise carried out by Pharming to raise $ 104 million before costs (comprising of straight debt, convertible bonds and proceeds of rights issue) to, amongst others, acquire all commercialisation rights to its own product RUCONEST ® in North America and to repay its existing debt facility.

SFI To Use Net Proceeds of $ 960 Million Financing to Repay Existing Debt Costar reported today that GE Real Estate's New York regional office completed a $ 960million interest - only first mortgage financing with iStar Financial Inc., secured by 34 single - tenant office, R&D and industrial properties in 12 states.

A debt settlement is an arrangement to repay your existing debt under new terms.

Debt consolidation lets you take out a loan so you can repay your existing debt.

It is important that you do reach an agreement before disconnection occurs, because it will be much cheaper to repay your existing debt than to pay for reconnection as well.

The proceeds will be used for general corporate purposes and to repay existing debt.

I love the solvency ratio as it typically indicates the ability of an individual to repay all existing debts using existing assets in case of a downside scenario.

Discussion: As noted in the NPRM, adverse credit history is a measure of an individual's history of repaying existing debt.

Obviously it will prove useful in repaying existing debt, but Circle has nearly $ 31 M of cash on hand, the convertible isn't due'til Jul - 2015, and I'd expect current free cash flow would be sufficient for amortizing / re-financing the debt anyway.

Not exact matches

Specifically, Defendants made false and / or misleading statements and / or failed to disclose that: (i) the Company was engaged in predatory lending practices that saddled subprime borrowers and / or those with poor or limited credit histories with high - interest rate debt that they could not repay; (ii) many of the Company's customers were using Qudian - provided loans to repay their existing loans, thereby inflating the Company's revenues and active borrower numbers and increasing the likelihood of defaults; (iii) the Company was providing online loans to college students despite a governmental ban on the practice; (iv) the Company was engaged overly aggressive and improper collection practices; (v) the Company had understated the number of its non-performing loans in the Registration Statement and Prospectus; (vi) because of the Company's improper lending, underwriting and collection practices it was subject to a heightened risk of adverse actions by Chinese regulators; (vii) the Company's largest sales platform and strategic partner, Alipay, and Ant Financial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevant times.

Consolidation is based on taking all of the existing debt as one debt, clearing it and then repaying the loan used to do so over a longer term.

It does seem to be rather illogical that anyone would lend hundreds of thousands of dollars to a person that is unreliable in repaying their debt, but there are reasons why home loans with bad credit exist.

But just how effective is consolidating existing debts and taking out another loan to repay them?

Many people are concerned how their mortgage loan is affected if forced into a bankruptcy and when someone experiences financial crisis like job loss, medical crisis or business failure, it can become quite difficult for them to repay all of their existing loans or debts.

Well, when applying for a debt consolidation loan with bad credit, the lender needs to be sure that a means to repay exists.

Yes, you can take out a personal loan with a relatively low - interest rate to repay your existing pdls and other unsecured debts.

If it's possible to borrow more cheaply elsewhere to replace existing borrowing, then this can provide a huge boost, as lower interest rates mean more of your cash goes towards repaying the actual debt rather than just servicing the interest.

The credit card section is designed for you to enter the cost of repaying your existing credit card debts.

That being said, there are certain legal obligations to repay debt in addition to any moral ones that exist.

Banks and other businesses use credit scores to predict the odds a borrower will repay a debt, and although many other types of credit scores exist, the FICO score is easily the one most popular with lenders.

That depends on the details which are not specified in your hypothetical scenario incluing the persons credit rating, what the interest is like on the existing loan and what the expected time to repay the debt is.

Instead, what it actually does is to add another unwanted creditor to the debtor's existing pile, thus enhancing the chances of the debtor of getting into additional debt to repay more debt.

Cash - out refinancing describes getting a new mortgage for more than enough to repay your existing mortgage, and using the difference to repay other debts.

This is basically a way for lenders to assess your ability to repay your loan, in light of all your other existing debts.

2) A Debt Consolidation Loan — you approach a bank or other lender and apply for a loan to repay all of your existing debts.

Debt consolidation is a method which utilizes a loan to help you repay your existing creditors.

debt consolidation will take all of your existing debts that you haven't been proactive with and could not have the ability over time to repay.

The cash refinanced existing debt of $ 172.4 million, funded capital improvements of $ 20.1 million, paid the closing costs, and repaid $ 29.5 million in equity to the owners.

Borrowers should note that since the loan refinance provision has expired, 504 loans can no longer be used to consolidate, repay or refinance existing debt unless it is related to expansion of facilities or equipment.