Sentences with phrase «servicing debt with»

«Most importantly, Nigeria is presently servicing debt with about 25 per cent of its annual budget and what will happen to the economy in 2017, when the country will begin to service the additional debt to be incurred this year is better imagined than experienced.

This same 2007 budget, serviced debt with N326 billion and provided for a deficit of N0.5 trillion, an equivalent of 2.9 percent of GDP which was to be financed from proceeds of sales of government properties and domestic borrowings.

If there is a such thing as a real fiscal cliff for the United States, it should mean the nation, like any individual facing bankruptcy, no longer has the ability to service its debts with its available annual income.

Not exact matches

The bank business lends debt (not equity) to innovation companies, along with other business banking products and services.

Mining services group Ausdrill has refinanced its debts, announcing today it had signed a new three - year, $ 550 million dual currency facility with a syndicate of banks.

Carnival was originally a subsidiary of American International Travel Service (AITS), but in 1974, Arison bought Carnival for $ 1, along with $ 5 million in assumed AITS debt.

Forget about household spending: with debt at record levels, consumer spending on new goods and services will be restrained.

FLUSH WITH CASH: Leonard Green & Partner will acquire CPA Global, an intellectual services provider, from Cinven for about # 2.4 billion ($ 3.10 billion) including debt.

People who can't afford traffic tickets should be required to do community service instead of having to pay fines, and we need more programs to help people deal with debt.

Take that funding away and the market settles back into something more closely aligned with the underlying reality — the one of high unemployment / underemployment, high oil prices, stagnant middle - and lower - class incomes, unprecedented wealth concentration in the upper class, demolished savers, under - investment in capital, and an ongoing transition to a low - wage service economy hard - pressed to service debt.

At that point, large private equity buyers begin to enter the picture, because they can purchase the company with borrowed money and use the company's own cash flow to service the debt.

However, in reality, many individuals use the services of an accountant whether it's to help with tax returns, to improve their financial planning or even to assist with debt problems.

In 2015, Kindred acquired Gentiva Health Services for $ 1.8 billion, turning it into the biggest U.S. provider of home health and hospice care, but also saddling it with debt.

Lower interest rates, the report noted, could provide some cushion for debt servicing to vulnerable firms with an interest cover between 1 and 1.75 - comprising around 15 percent of the total debt of top 500 listed borrowers in fiscal 2015.

With the new Trudeau government pledging more deficits, public debt and cost to service it appear set to keep growing for the foreseeable future.»

A significant share of the corporate debt in stressed economies is now owed by companies with weak debt servicing capacity and this could negatively affect bank balance sheets and cut into profits, it added.

Mining services company Austin Engineering has launched a $ 31.6 million entitlement offer through broking firms Argonaut and Bell Potter, with the proceeds to be used to reduce debt.

Considering its strategic orientation of growing through acquisition, ACT has some latitude at the rating for periodically elevated leverage, but we believe that negative rating pressure would emerge if a transaction caused fully adjusted debt to EBITDA to exceed 3.5 x with risky prospects for a return to below 3.0 x. Moreover, the rating would be under pressure if increased competition caused weaker earnings, particularly from merchandise and services, keeping debt to EBITDA above 3x.

Example: I recently met a B2B healthcare payments company that seeks to lower doctors offices» bad debts expense from 40 to 5 percent by helping them collect funds upfront at the time services are delivered, instead of 30 days later with an invoice in the mail.

With his budget, this customer service rep paid off $ 30,000 in student loan debt in one year.

«A 35 - year or longer mortgage encourages people to take on more debt than they can really afford,» says Debbie Klein, a manager with Credit Counselling Services of Alberta Ltd..

The latter peddle their services to people struggling with debt, but they can charge unrestricted fees for helping consumers obtain new loans into which borrowers can consolidate their debt.

Together they vividly show how the amount of debt leverage can vary between healthy firms with low debt levels and plenty of cash to service it and troubled companies that are heavily leveraged and cash - poor.

«We want to make sure that people already struggling with debt don't find themselves paying large fees... with no guarantee the service will actually reduce their debt,» Manitoba's Consumer Affairs Minister Jim Rondeau said in a statement.

These risks and uncertainties include competition and other economic conditions including fragmentation of the media landscape and competition from other media alternatives; changes in advertising demand, circulation levels and audience shares; the Company's ability to develop and grow its online businesses; the Company's reliance on revenue from printing and distributing third - party publications; changes in newsprint prices; macroeconomic trends and conditions; the Company's ability to adapt to technological changes; the Company's ability to realize benefits or synergies from acquisitions or divestitures or to operate its businesses effectively following acquisitions or divestitures; the Company's success in implementing expense mitigation efforts; the Company's reliance on third - party vendors for various services; adverse results from litigation, governmental investigations or tax - related proceedings or audits; the Company's ability to attract and retain employees; the Company's ability to satisfy pension and other postretirement employee benefit obligations; changes in accounting standards; the effect of labor strikes, lockouts and labor negotiations; regulatory and judicial rulings; the Company's indebtedness and ability to comply with debt covenants applicable to its debt facilities; the Company's ability to satisfy future capital and liquidity requirements; the Company's ability to access the credit and capital markets at the times and in the amounts needed and on acceptable terms; and other events beyond the Company's control that may result in unexpected adverse operating results.

According to the Money Advice Service, there are now 8.3 million people in the UK with problem debts.

After graduating from St. John's University with a bachelor's degree in marketing, he became a sales manager for an environmental services company before shifting gears and becoming a debt collector.

Without a sale of assets, one has to wonder how well Valeant can service such debt because it won't be happening with non-GAAP «cash earnings.»

According to the Schwab Retirement Plan Services survey, more than one - third of millennials reported they can't save for retirement because they're still dealing with the burden of student loan debt.

Prepa said on Wednesday that it was financing its principal and interest payment with $ 153 million in cash and the rest from its debt - service reserve accounts.

The ratings agency Moody's maintained the US's top - notch «Aaa» credit rating Thursday, saying, «The diversity, dynamism, and competitiveness of the US economy, along with the US dollar's status as the preeminent international reserve currency and very large size and depth of the US Treasury market, offset rising fiscal pressures stemming from aging - related entitlement spending, higher debt - service payments, and recent policy actions that will likely reduce future revenues and increase expenditures.»

And if these companies can't service that debt, the bondholders walk away with what's left, and the equity holders get nothing.

Once you're connected with these services, many of them will have a credit counseling session to explore your debts and repayment options.

As the news service noted, «five - year notes of Spain, with $ 935 billion of debt and an 8.5 % deficit, yield 5.5 %.

Before founding K2, he was with American Capital Ltd., a publicly - traded buyout and mezzanine fund (NASDAQ: ACAS), where he created the American Capital Energy Group, building a peak portfolio of nearly a billion dollars of market value of energy - related equity and debt investments across oil and gas production, oilfield services, utility services and alternative energy.

How can U.S. labor compete with foreign labor when employees and their employers are obliged to pay such high mortgage debt for its housing, such high student debt for its education, such high medical insurance and Social Security (FICA withholding), such high credit - card debt — all this even before spending on goods and services?

Public policy is needed to cope with the incompatibility between the inability of consumers, businesses and governments to pay their stipulated debt service except by transferring an intolerable proportion of their assets to creditors.

In that case any credit - fueled increase in investment would likely have resulted in a net improvement in China's debt servicing capacity, in which case, with government debt at well below 25 % of GDP, rising debt would not be a concern.

The major elements in U.S. family budgets are housing (with prices bid up on credit), debt service and health insurance — and wage withholding for financializing Social Security and Medicare.

An array of measures is selected from the overall credit supply (or what is the same thing, debt securities) to represent «money,» which then is correlated with changes in goods and service prices, but not with prices for capital assets — bonds, stocks and real estate.

The fact that China's debt is rising much more quickly than China's debt servicing capacity is consistent with my implicit model — which claims that the optimal amount of capital stock in China is a function of China's relatively low level of social capital, and that Chinese investment has far exceeded its optimal level — but it doesn't prove it.

The fact that debt may be rising faster than debt servicing capacity is not necessarily inconsistent with the capital frontier model.

This asset - price inflation goes hand in hand with debt deflation of the «real» goods - and - service producing economy.

Banks want to see borrowers with good personal credit, a strong business and a low debt service coverage ratio.

Stand in a shopping mall with a pair of scissors and a sign offering a simple service: to put an end to extortionate interest rates and mounting debt with one considerate cut.

Of course debt growing faster than debt - servicing capacity is unsustainable, so we will set as our first financial sector target the point at which the two grow in line with each other.

For example, people with lower incomes are likely to be sensitive to interest rate changes because of the potential effects on their employment income and their debt - service costs.

MH: The problem of inadequate consumer demand to fuel an economic recovery does not lie with the cost of labor so much as with the fact that it is now normal for families to pay a quarter or even a third of their income for debt service.

It occurred rather because in 2015 there was a series of debt transactions (mainly provincial bond swaps aimed at reducing debt - servicing costs and extending maturities) that extinguished debt that had been included in the TSF category and replaced it with debt not included in TSF.

Debt levels in this model are specifically associated with different GDP growth levels, so that this model allows us to acknowledge that a country can safely service and refinance higher debt levels if it is believed to have greater growth potentDebt levels in this model are specifically associated with different GDP growth levels, so that this model allows us to acknowledge that a country can safely service and refinance higher debt levels if it is believed to have greater growth potentdebt levels if it is believed to have greater growth potential.