Westpac Trust Preferred Securities
... responsibility for the content of this PDS nor for the merits of the
investment to which this PDS relates.
This PDS relates to the offer of Westpac TPS at an Issue Price of
$100 each to raise approximately $700 million with the ability to
raise more or less (Offer).
Westpac TPS are preferred units i ...
181300000 Class A Senior Secured Floating Rate Notes due 2031
... are persons falling within Article 49(2)(a) to (d) (High net worth companies, unincorporated associations etc.)
of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 or who otherwise fall within
an exemption set forth in such Order so that Section 21(1) of the Financial Ser ...
ACCOUNTING FOR GOODWILL: A CRITICAL EVALUATION
... A further problem concerning the goodwill debate, which is really due to
the disagreement as to its nature, is whether purchased goodwill should
be recognised as an asset in the financial statements, and if so, whether
it should be amortised in any way. Lee ( 1 971 : 324), for example considers the ...
IMPORTANT NOTICE THIS OFFERING IS AVAILABLE
... This Offering Circular constitutes a prospectus for: (a) the purpose of Article 5 of the Prospectus Directive
and (b) the purpose of giving information with regard to the Bank and the Notes that, according to the particular
nature of the Bank and the Notes, is necessary to enable investors to make ...
Final decision - Review of electricity transmission and distribution
... statement, in forming its final decision on the revised WACC parameter values,
methods and credit rating.
Following a very extensive engagement with stakeholders since the explanatory
statement and detailed review of additional market data and specific business
information, the AER in this final dec ...
US Masters Residential Property Fund
... responsible entity for the US Masters Residential Property Fund (URF or the Fund), I am pleased to
invite you to subscribe for unsecured notes being issued by the Responsible Entity solely in its
capacity as responsible entity for the US Masters Residential Property Fund (URF Notes II).
The URF Note ...
important notice this offering is available only to investors
... Confirmation of your representation: In order to be eligible to view the attached offering
memorandum or make an investment decision with respect to the securities being offered, prospective
investors must be non-U.S. persons (as defined in Regulation S) located outside the United States and
to the ...
... equipment. Thomson Reuters, its agents and employees, shall not be held liable to or through any user for any loss or
damage whatsoever resulting from reliance on the information contained herein.
This document contains information proprietary to Thomson Reuters and may not be reproduced, disclosed, ...
Corrigendum to Regulation (EU) No 575•/•2013 of the European
... the time limit for such a Council decision is set to one
month. If the Council, after having examined the
proposal by the Commission to reject the proposed
national measures in depth, comes to the conclusion that
the conditions laid down in this Regulation for the rejec
tion of the national measure ...
Griffin Institutional Access Real Estate Fund
... The Adviser . The Fund’s investment adviser is Griffin Capital Advisor, LLC (the “Adviser”), a registered investment
adviser under the Investment Advisers Act of 1940, as amended (the “Advisers Act”). The Adviser has engaged Aon Hewitt
Investment Consulting, Inc. (“Aon Hewitt”, “AHIC” or the “Priva ...
threadneedle investment funds icvc - Columbia Threadneedle Investments
... In addition to any direct charge for management fees within the funds, there would
occur, in the absence of a rebate mechanism, an indirect charge for management
fees in respect of investments in other Threadneedle funds. Any such target funds
themselves bear a management fee, which reduces the valu ...
Trading in Secu
... owing by or to the Client effected through telegraphic transfer, direct debit or any other electronic means
offered by a Licensed Financial Institution;
“Electronic Payment for Shares Service” means the service involving trading of securities whereby
payments are facilitated via Electronic Payment o ...
... on Monday, 21 November 2016 and will close on Tuesday, 22 November 2016.
Eligible institutional shareholders can choose to take up their Entitlement in whole, in part or not at all.
Institutional entitlements (“Institutional Entitlements”) cannot be traded or sold on the ASX. As the
Entitlement Offe ...
0001053532-15-000012 - Lasalle Hotel Properties
... known and unknown risks, uncertainties and other factors that are, in some cases, beyond the Company’s control and which could
materially affect actual results, performances or achievements. Factors that may cause actual results to differ materially from current
expectations include, but are not lim ...
CHF 400000000 1.125 per cent. Notes due 18
... (ii) Pursuant to Clause 2.2 of the Trust Deed, obtaining the covenants from the Issuer that it will, as and when the Notes
becomes due to be redeemed in accordance with the relevant Conditions, unconditionally pay or procure to be paid to or
to the order of the Trustee in the relevant currency in im ...
Taiwan Stock Exchange Market Observation Post System: http
... designs with higher performance and lower power consumption. Because TSMC’s 28-nanometer solutions are highly competitive
in both technology and cost, we saw increasing number of customer product tape-outs in 2015 and believe we should be able to
maintain our substantial (above 70 percent) market sh ...
Securitization is the financial practice of pooling various types of contractual debt such as residential mortgages, commercial mortgages, auto loans or credit card debt obligations (or other non-debt assets which generate receivables) and selling their related cash flows to third party investors as securities, which may be described as bonds, pass-through securities, or collateralized debt obligations (CDOs). Investors are repaid from the principal and interest cash flows collected from the underlying debt and redistributed through the capital structure of the new financing. Securities backed by mortgage receivables are called mortgage-backed securities (MBS), while those backed by other types of receivables are asset-backed securities (ABS).Critics have suggested that the complexity inherent in securitization can limit investors' ability to monitor risk, and that competitive securitization markets with multiple securitizers may be particularly prone to sharp declines in underwriting standards. Private, competitive mortgage securitization is believed to have played an important role in the U.S. subprime mortgage crisis.In addition, off-balance sheet treatment for securitizations coupled with guarantees from the issuer can hide the extent of leverage of the securitizing firm, thereby facilitating risky capital structures and leading to an under-pricing of credit risk. Off-balance sheet securitizations are believed to have played a large role in the high leverage level of U.S. financial institutions before the financial crisis, and the need for bailouts.The granularity of pools of securitized assets can mitigate the credit risk of individual borrowers. Unlike general corporate debt, the credit quality of securitized debt is non-stationary due to changes in volatility that are time- and structure-dependent. If the transaction is properly structured and the pool performs as expected, the credit risk of all tranches of structured debt improves; if improperly structured, the affected tranches may experience dramatic credit deterioration and loss.Securitization has evolved from its beginnings in the late 18th century to an estimated outstanding of $10.24 trillion in the United States and $2.25 trillion in Europe as of the 2nd quarter of 2008. In 2007, ABS issuance amounted to $3.455 trillion in the US and $652 billion in Europe. WBS (Whole Business Securitization) arrangements first appeared in the United Kingdom in the 1990s, and became common in various Commonwealth legal systems where senior creditors of an insolvent business effectively gain the right to control the company.