Earlier expectations for the yields on the floating debt were 0.20 point and 0.40 point over Libor.
Earlier expectations for the yields on the floating debt were higher: 0.20 point and 0.40 point over Libor.
On a single day in early March, by way of Treasury bills discounted at the Reichsbank, the floating debt was increased by 800 milliards.
For one thing, it is hard to know how much companies have in fact lengthened the maturity of their debts because the interest-rate swap market allows them to swap those fixed bond payments into cheaper floating debt, a popular strategy in the investment-grade market.
The levels of fixed-rate debt and floating-rate debt should come down, and the coverage ratios should improve in the next year or two, says General Growth Chief Financial Officer Bernard Freibaum Bernard Freibaum in a conference call with investors today.
The levels of fixed-rate debt and floating-rate debt should come down, and the coverage ratios should improve in the next year or two, says General Growth Chief Financial Officer Bernard Freibaum in a conference call with investors today.
Based on that, many companies have refinanced their floating rate debt into fixed rate loans.
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Other options might be high-yield bonds, floating-rate debt, cash, commodities, or real-estate income producing properties.
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The report suggests ways to cut floating-rate debt by scrapping tax-relief on mortgages, for example, or penalising lenders.
But still, an all-debt floating-rate purchase does bring back memories of the bad old days of real estate.
On floating-rate debt, the yields can adjust and allow investors to get paid more in a rising-rate environment.
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In the first tier of sanctions, Chinese nationals and state-owned enterprises would be barred from securing U.S. bank loans or floating bond offerings on the U.S. debt market.
The most startling aspect of the proposed deal: Bucksbaum is funding the deal almost entirely by debt, much of it short term and floating rate.
Her mother used the money to pay down a debt and for food for the fish they raise under their floating house -- their primary income source.
One of the stranger ideas floating around is that the Administration should deal with the refusal to raise the debt limit by minting a trillion dollar platinum coin.
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Next year Mexico's economy will be much more strongly placed than it was in 1994, with less debt falling due, a smaller current-account deficit, and a floating currency instead of a fixed one.
In an effort to obtain loans to service its debt, Seychelles in November 2008 signed a standby arrangement with the IMF that mandated floating the exchange rate, removing foreign exchange controls, cutting government spending, and tightening monetary policy.
The message is upbeat, with Judson floating the idea of taking the company private, while batting away concerns over shrinking cash flow to service debt.
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