Sentences with phrase «senior unsecured debt»

Senior unsecured debt is rated A (Stable Outlook) by Standard & Poor's and A2 (Stable Outlook) by Moody's.

Moody's lowered Simon's senior unsecured debt rating as well as...

In February, New York - based Moody's Investors Service lowered its senior unsecured debt and preferred stock ratings for Post to Baa2 from Baa1 and to Baa3 from Baa2, respectively.

On March 11, Moody's Investor Service downgraded its senior unsecured debt rating to junk status.

Bank debt should yield less than senior unsecured debt, which should yield less than preferred stock, which should yield less than the expected total return from the common stock.

AIG Life Holdings, Inc. — backed senior unsecured debt Baa1, backed junior subordinated debt Baa2 (hyb);

A parent company with a senior unsecured debt rating of A / A3 should only get ratings of AA / Aa3 maximum.

Apple, for example, raised $ 2.5 billion at a rate of 2.513 % from Canadian fixed income investors through AA + rated seven - year notes which were in the form of senior unsecured debt.

Fitch rates the senior unsecured debt of GM and its General Motors Acceptance Corp. finance arm «A-minus,» its fourth lowest investment grade, and their short - term debt «F2,» its second lowest.

In the process, shareholders would appropriately be wiped out, subordinated debt would be wiped out, senior unsecured debt could be written down to the extent that losses were still uncovered, and senior bondholders would get equity and convertible debt in the new restructured institution.

Fast forward to April 2012 and once again GE finds its senior unsecured debt downgraded by Moody's, this time to Aa3 from Aa2.

Not exact matches

Wesfarmers has received a boost, with Moody's upgrading its issuer and senior unsecured long term debt rating from Baa1 (positive) to A3 (stable).

Moody's maintained Ontario's Aa2 issuer and Aa2 senior unsecured long - term debt ratings despite the change in outlook.

Additionally, debt can take on multiple structures including but not limited to senior secured, mortgage, unsecured, convertible, zero - coupon, payment - in - kind, revolvers, floating - rate, and structured products among countless others.

We invest across the entire capital structure, including senior and subordinated, secured and unsecured debt as well as equity, in both public and private large - cap and middle - market companies.

Cases of debt - equity restructuring inside or outside of court, such as CIT unsecured senior bonds due in 2010

When my firm, Hoyes, Michalos & Associates, did a study of people who filed a bankruptcy or consumer proposal with us, we found that the average senior debtor owed almost $ 70,000 in unsecured debt, which was the second highest among all age groups.

They represent a slice of a company's capital structure that is senior to the common shares, but subordinate to the debt (both secured and unsecured).

The rate of insolvency amongst seniors is going up but that's not the most scary part, they've got the highest unsecured debt of all age groups, over $ 64,000, they've got the highest debt - to - income ratio of all age groups, about 251 %, they have the most owing on credit cards of all age groups.

[196] Unsecured senior debt obligations of the bank were not assumed by the FDIC, leaving holders of those obligations with little meaningful source of recovery.

With a lot more equity in the home than what is exempt, the trustee may liquidate the home to pay off the unsecured debts of the credit cards if the senior files a Chapter 7.

Senior debtors, people aged 60 and over, have the highest amount of unsecured debt of any age group when they go bankrupt, almost $ 70,000.

Being a 75 - year - old senior and having a 312,000 secured debt and 109,000 unsecured credit cards, I have sold all assets to pay the secured debt.

Senior debtors aged 60 and older are, in fact, supporting higher unsecured debt loads on significantly lower income.

Following close behind seniors in terms of debt load are pre-retirement debtors (those aged 50 — 59), having an average unsecured debt of $ 62,815.

On average, seniors carry a total unsecured debt load of $ 64,379, which is 22 % more than the average Joe Debtor.

Preferred stock typically gets 10 cents on the dollar in insolvency vs. 40 cents or so on senior unsecured corporates and 80 cents on bank debt.

Peter's private placement practice involves the representation of both issuers and institutional investors in connection with a wide variety of structures and securities, including secured and unsecured senior debt securities, subordinated debt, convertible debt, preferred stock, warrants, trust - preferred securities, merger and acquisition financing, ESOP financings, credit tenant loans, leveraged leases and other structured financings, together with related workout and other restructuring transactions.

Malcolm has extensive experience representing lenders and borrowers in secured and unsecured debt financings, including syndicated senior bank credit facilities, first and second lien financings, asset - based (ABL) credit facilities, mezzanine and other subordinated debt financings, debtor - in - possession financings, public and Rule 144A debt offerings, and convertible debt transactions.

Over the last two or three years interest rates have been very low for unsecured debt, says Roy Shepard, a senior analyst of equity research at Edward Jones.

Proceeds will be used to repay senior debt to Philadelphia - based BET Associates LP and to repurchase the Manhattan Bagel Company Unsecured Creditors Trust note at an $ 850,000 discount.

Senior Housing Properties Trust expects to purchase the 27 properties free and clear of any mortgage debts using cash on hand and its unsecured revolving bank credit facility.