Many banks will now not provide partner capital loans where they are also the primary lender to the firm and now look to
take debentures as security, which was very rare pre-Halliwells.
We take debentures or bond and floating charges over the company, or third - party guarantees where appropriate.
Within days of last month's resignation of London head Jennette Newman and fellow insurance partner Jonathan Edwards, it emerged that HSBC had joined Barclays in
taking a debenture over the firm's assets in return for a refinancing package agreed through a club banking arrangement.
Not exact matches
«Why would I
take an unsecured
debenture when I actually own a chunk of a building?»
Mr. Handa has had involvement in several international jurisdictions and his professional experience has included: work on primary and secondary IPO listings on the Toronto and Hong Kong Stock Exchanges; experience in various debt and equity financing transactions including convertible
debentures, off -
take agreements, metal streaming agreements, and, brokered and non-brokered financings; implementation of ERP systems to manage full - scale mining operations; implementation of domestic and international tax planning strategies; and implementation of corporate governance and internal control policies to comply with various stock exchange jurisdictions.
Before investing in NCDs, kindly calculate your post tax returns on
debentures and
take your decision, as the interest payouts are taxable.
Debentures are simply loans
taken by the companies and do not provide the ownership in the company.
Our All - in - One Account allows you to trade stocks, options and exchange - traded
debentures on margin, and also
take short positions, all in one account!
If you feel rates are going down, it may be best to
take a one or two year fixed deposit or
debenture.
Convertible securities may
take the form of convertible preferred stock, convertible bonds or
debentures, units consisting of «usable» bonds and warrants or a combination of the features of several of these securities.