Sentences with phrase «substantial debt restructuring»
Enid Investors Corporation v IBRC Ltd (2012) Instructed on behalf of a noteholder seeking to challenge the validity of a substantial debt restructuring carried out by Anglo - Irish Bank.
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Under the agreement TORM will defer a substantial portion of its bank debt and also avail new liquidity and savings from its restructured time charter book.
Walsh warned shareholders and employees of the painful restructuring, cost reduction & rationalisation still to come, and then began systematically ticking each action item off his list: i) After one last kitchen sink loss in 2012 of EUR 116 million (mostly goodwill impairment), One51 actually recorded a net profit in 2013 for the first time in 7 years, ii) free cash flow increased from just EUR 1.1 million in 2011 to 15.4 million in 2013, iii) almost EUR 100 million was raised in two years from the sale of the plastic extrusion business, the disposal of stakes in Island Renewable Energy, Thirdforce, IFG, and (most significantly) Irish Continental Group, in addition to a substantial 2013 capital redemption from NTR, and iv) net debt (exc.
Many banks and lending institutions also offer debt consolidation loans for veterans with substantial home equity, allowing them to restructure their high - interest rate obligations into one manageable, monthly payment.