Sentences with phrase «with bond insurers»

Detroit has reached a settlement with bond insurers over the treatment of some bonds in the city's bankruptcy, Detroit emergency manager Kevyn Orr told CNBC Wednesday.

This company took part in the bankruptcies in Detroit and Jefferson County in Alabama and worked with bond insurers in Puerto Rico's debt.

The distressed power utility made a deal with its bond insurers to borrow more money.

Puerto Rico's power authority, which supplies electricity to the island's 3.6 million people, made a $ 415 million debt payment that was due Wednesday after reaching a deal with its bond insurers to borrow more money.

Not exact matches

Bond insurers with more than $ 1 billion at stake repeatedly argued for the sale of valuable art but dropped that plea and settled for much less.

Bondholders and bond insurers argued that Stockton's refusal to demand pension concessions shows that it failed to negotiate in «good faith» with creditors, a prerequisite for municipal bankruptcy.

Thus far, the EIB has raised $ 9 billion in green bonds, financed partly with investments from pension funds and insurers.

This additional protection is provided under a surety bond issued by the Customer Asset Protection Company (CAPCO), a licensed Vermont insurer with an A + financial strength rating from Standard and Poor's.

«For Moody's [or Standard and Poor's] to put a bond insurer on negative watch (indicating a rating cut was being considered) could have extremely negative ramifications» for the entire bond insurance business, said David Merkel with Hovde Capital Advisors in Washington, DC.

MBI, -0.58 % on Monday it seemed «disingenuous at best» that the bond insurer asked the rating agency by email to destroy non-public information while telling the public it would work with Fitch to keep a AAA rating.

Beginning with the great recession we have seen yields of insured bonds higher than un-insured bonds as questions about the viability of the insurers themselves were prominent worries in the market place.

That said, this is the type of environment that reveals which insurers have been taking on too much risk with marginal bonds.

Most of the so - called inverted credit curves are concentrated in securities firms, banks and bond insurers that reported more than $ 100 billion in losses on mortgages to borrowers with poor credit.

Because insurers invest their float in a combination of stocks and bonds (usually 90 - 95 % bonds and preferred stock and 5 - 10 % common stock, the allocation with the highest low - risk returns), a play on insurers is really a play on bonds.

In an environment of breed discrimination, the breed identification of a dog can have serious consequences with municipal authorities, animal shelters, landlords, and insurers, all of which will compromise the bond between a family and their dogs.

Information that you provide may be shared with Womble Bond Dickinson Entities around the world and our service providers, insurers and regulators.

With universal life, the insurer separates the death benefit from the investment portion of the premiums, putting your investment dollars into its choice of bonds, mortgages and money markets.

In most cases, you are required to lodge an FIR, place an advertisement in the newspapers and also provide the insurer with an indemnity bond on stamp paper.

With the money paid through premiums, insurers invest in fixed component like corporate bonds and varied component like stock market.

Guardian and Allstate, the largest publicly traded seller of U.S. auto coverage, are among insurers seeking investments beyond bonds with interest rates close to record lows.