Sentences with phrase «term debt restructuring»

Not exact matches

This type of debt restructuring can be considered a «distressed exchange» of debt, and thus a default on the terms of the original debt.

A large share of Italian debt issued under domestic legislation does not have any contract terms and is regulated by an Italian law that gives the Italian Treasury ample latitude to restructure the debt... The composition of Italian public, however, is changing rapidly because in January 2013, Eurozone members started issuing bonds with standardized contract terms.

Hopes are fading that a buyer will emerge to keep some of the business operating, or that lenders will agree on terms of a debt restructuring, the people said.

Progress in a few areas has been solid: slashing of bureaucratic red tape has led to a surge in new private businesses; full liberalization of interest rates seems likely following the introduction of bank deposit insurance in May; Rmb 2 trillion (US$ 325 billion) of local government debt is being sensibly restructured into long - term bonds; tighter environmental regulation and more stringent resource taxes have contributed to a surprising two - year decline in China's consumption of coal.

Drawing from our knowledge of debt restructuring, bankruptcy, public finance, municipal law and governance, labor law, employee benefits, tax, litigation, government contracts and more, our attorneys are adept at positioning municipalities for long - term success.

They said the company is not currently pursuing a debt restructuring, although it is seeking relief from a $ 225 million term loan due in 2020 and $ 200 million revolving credit line that comes due in 2019.

Legg Mason plans to close a deal this month to restructure $ 650 million in debt, a move designed to lock in favorable interest rates for the long term while taking advantage of the market's sustained appetite for corporate bonds.

Existing debt may be restructured, and payment terms extended, but always new loans are made.

Absent growth, the only other option for restoring some measure of financial integrity and standard of living for its citizens is to enact fiscal and structural reforms and restructure the existing burdensome debt, with the long - term goal of putting the island on a sustainable growth trajectory.

Atlas is striving to complete a major restructuring of its Term Loan B debt facility announced in December, under which the miner's lenders would cancel about half the debt and extend its maturity date in exchange for 70 per cent of the company's shares and options on issue.

17.4 assist developing countries in attaining long - term debt sustainability through coordinated policies aimed at fostering debt financing, debt relief and debt restructuring, as appropriate, and address the external debt of highly indebted poor countries (HIPC) to reduce debt distress

Credit card debt consolidation loans have a lesser impact on credit ratings as you are just restructuring terms.

It's important to remember that refinancing your mortgage does not pay off your debt; it simply restructures it under different terms.

If you select this debt relief restructuring option, Westgeest & Associates will work with you to develop a plan, a proposition, proposal: an offer to pay your creditors a portion of what they are owed, including any other term (s), condition (s) required to see, foster the proposal to completion over a period extending up to five (5) years, and present, negotiate and administer the plan with your creditors.

(Definition: A restructured loan is one in which the terms of the original transaction have been changed, resulting in absolute forgiveness of debt or a restructure of debt through either a modification of the original loan or origination of a new loan that results in one or all of the below:

In simple terms, debt relief is the removal or restructuring of a certain portion of a loan obligation.

On the other hand, some people only need a chance to restructure the debts so that their business can take a significant leap forward in terms of growth and profitability.

In general, a loan modification is a voluntary restructuring of debt by the lender to make it possible for a borrower to remain in the home and to make payments to the lender under new terms.

Credit card consolidation refers to merging all your existing debt into one loan, which is different than restructuring your debt, which refers to renegotiating the terms or amounts of your debt.

The decision is part of a restructuring plan designed to get rid of about 400 million dollars in long - term debt.

Anastasia advises ship owners and financial institutions on term loan facilities for the acquisition of newbuilding or second - hand commercial ships, on debt finance restructurings, on revolving credit facilities and lease finance transactions.

Tackling the balance sheet through debt conversion can often make a company more marketable to raise further equity or financing and that can be done through a Canada Business Corporations Act type of restructuring arrangement, which can be efficient in terms of correcting the balance sheet and the capital structure without a shareholders meeting, or more formally under the CCAA.

Advised a syndicate of banks, led by HSH Nordbank, on the restructuring and buy - back of the combined $ 120m senior and junior debt made available to US listed shipowner, Dryships Inc; advised Santander and HSBC on the # 36.2 m term and revolving facilities provided to Southern Communications Group; acted for the Republic of Kazakhstan in a BIT and ECT arbitration brought against it by a Turkish investor, which arose out of a dispute involving alleged oil transportation and transhipment investments in Kazakhstan; closely involved with the development of WeatherXchange, the world's first weather derivatives platform; leading advice to Nokia on various employment issues arising from the company's acquisition of Alcatel - Lucent across over 100 jurisdictions.

The HUD refinancing enabled the borrower to restructure the existing debt into a long - term, fixed - rate, non-recourse loan.

Dave Brandon, Toys «R» Us chairman and CEO, said in the statement that the filing allows the company to restructure its $ 5 billion long - term debt so it can invest in its business and strengthen its position in the competitive retail marketplace.