Infrastructure Issuance Likely to Stay Healthy
- Sovereign debt workouts with the IMF as delegated monitor--a common agency approach. Gai, Prasanna; Vause, Nicholas // Bank of England Quarterly Bulletin;Summer2003, Vol. 43 Issue 2, p222
Examines how the design of the International Monetary Fund conditionality influences the behavior of private lenders and debtors. Principal agent theory; Effects on the provision of financial support for countries suffering from a economic crisis; Promotion of long-term debt.
- Jefferson County sets record with bankruptcy filing. Barkin, Robert // American City & County;Dec2011, Vol. 126 Issue 12, p10
The article reports on the declaration of bankruptcy by Jefferson County in Alabama on more than four billion dollars of debt in November 2011. The county set a debt record by overtaking the 1.7-billion-dollar bankruptcy filing of Orange County, California in December 1994. The Financial...
- VULTURES CIRCLING. FARRELL, MIKE // Multichannel News;7/9/2001, Vol. 22 Issue 28, p1
Reports the plans of several investors to acquire the debts of Galaxy Telecom Incorporated and Classic Communications Incorporated in New York. Purpose of the plan; Advantage of the scheme to lenders; Identification of other firms acquired by such investors.
- Moody's Drops Springfield Power Utility Debt to A1. Shields, Yvette // Bond Buyer;12/23/2010, Vol. 374 Issue 33438, p3
The article reports on the impact on the lowering of Springfield's power utility debt to A1 by the Moody's Investors Service following the contracting of its debt-service coverage ratios and liquidity position in Illinois.
- Preferred Sands Seeks $430M CF. Colter, Allison Bisbey // High Yield Report;11/21/2011, p2
The article reports on the 430 million dollar senior secured credit facility being sought by Preferred Sands in order to pay for an acquisition, buy out minority investors and refinance existing debt.
- Debts To Rise As Crisis Memories Fade. // Asia Monitor: South East Asia Monitor Volume 2;Oct2003, Vol. 14 Issue 10, p6
The article reports that Malaysia's debt burden will begin to increase more rapidly in 2004 as the country opens its door to larger inflows of private capital. The past six years of debt decline are coming to an end: not just in Malaysia, but across the entire developing world. If the global...
- Asia: High Yielding Local Debt Continues To Suffer. // Emerging Markets Monitor;3/10/2008, Vol. 13 Issue 46, p6
The article reports that high yielding local debt instruments continue to look vulnerable in the face of heightened investor risk aversion in Asia. High yields on Philippine and Indonesian local debt are expected to remain in place over the short-to-medium term. The Philippine 2-year bond is...
- Hang in there: think long term. Greenwood, Ross // Money (Australia Edition);Aug2012, Issue 148, p64
The author urges Australian investors to shun short-term thinking. Amid shocking investment markets, he argues that investors with long-term view-point will maintain their core values and remind themselves of the fundamentals that drive the world. He believes, however, that the bigger problem...
- Any buyback news to be eyed by markets. Showalter, Monica // Bond Buyer;03/07/2000, Vol. 331 Issue 30843, p2
Reports the debt buybacks of the Treasury in New York. Criticism of the traders for not releasing details about the buyback program; Implication for the currency circulation; Comment of senior economist James Glassman on the issue.