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Capital Markets Authority Amendment Act 2011
Capital Markets Authority Amendment Act 2011

... invitation as notified to it constitutes an offer to the public and requires a prospectus to be issued and if it is determined that the proposed offer may proceed as a private placement that does not require the issue of a prospectus, the Authority may give directions to the issuer on the matters th ...
USINAS SIDERÚRGICAS DE MINAS GERAIS S.A.
USINAS SIDERÚRGICAS DE MINAS GERAIS S.A.

... with 38.7 million ordinary shares in the transaction. At the price of R$5 each, the amount to be paid is of R$ 193.5 million. Also in accordance with the notice, the companies Ternium, Siderar and Prosid, in addition to subscribe the papers, manifested interest to participate of potential apportionm ...
united states securities and exchange commission - corporate
united states securities and exchange commission - corporate

... may become subject to attacks that degrade or deny the ability of our subscribers and consumers to access our platform; our ability to grow and develop our payment processing activities; our ability to timely and effectively scale and adapt our existing technology and network infrastructure to ensu ...
PDF - Breitburn Energy Partners LP
PDF - Breitburn Energy Partners LP

... Lenders ”) are parties to that certain Second Amended and Restated Credit Agreement dated as of May 7, 2010, as amended by the following: that certain First Amendment to Second Amended and Restated Credit Agreement and Consent and First Amendment to Security Agreement dated as of September 17, 2010, ...
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(PPT, 269KB)

... within 12 months) is critical, because it represents a short-term claim to current assets and is often secured by long term assets. Common types of short-term debt are bank loans and ...
As filed with the Securities and Exchange Commission on August 13
As filed with the Securities and Exchange Commission on August 13

... securities are first bona fide offered to the public, and (ii) securities that may be purchased by the underwriters pursuant to an over-allotment option. These securities are not being registered for the purposes of sales outside the United States. ...
25.263
25.263

... assets. The commission may initiate a generic proceeding to determine true-up issues that are common to multiple TDUs, APGCs, and AREPs. This proceeding may include updates to the ECOM model required by subsection (f)(2)(B) of this section, in the event a notification of intent is filed pursuant to ...
pozen inc. - corporate
pozen inc. - corporate

... Tribute, no par value per share (“ Tribute Shares ”), at a price per share, subject to certain adjustments, equal to (a) the lesser of (i) $7.20, and (ii) a 5% discount off the five day volume weighted average price as reported on Bloomberg Financial Markets per share of Pozen common stock, $0.001 p ...
Old Globe Theatre dba The Old Globe
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... The Old Globe is the beneficiary of an irrevocable charitable remainder trust administered by a third party. The trust terminates upon the death of the grantor, at which time The Old Globe will receive the remaining trust assets. The fair value of the future benefits to b ...
April 30, 2014 and December 31, 2013
April 30, 2014 and December 31, 2013

... responsibility of the Plan’s management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and ...
Catherine I. Riley, Chairman - Maryland Public Service Commission
Catherine I. Riley, Chairman - Maryland Public Service Commission

... of request (i.e. an application for the issuance of debt) by the utility companies that this Commission regulates is not unusual. Moreover, this activity is normal practice, as these companies retire older more expensive debt, and acquire new replacement debt, particularly when interest rates are de ...
united states securities and exchange commission - corporate
united states securities and exchange commission - corporate

... On June 23, 2015, PL entered into a demand promissory note (the “DPN”) with Credit Suisse, AG, New York Branch (“Credit Suisse ”) in connection with a revolving credit facility. In connection therewith, PL has pledged to continue to deliver as security such number of ADSs whose value shall equal at ...
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Chapter 1 - Universidade do Minho
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... Contracts can be carefully constructed to be incentive compatible. There is a market for managerial talent—this may provide market discipline to the managers—they can be replaced. If the managers fail to maximize share price, they may be replaced in a hostile takeover. ...
Fin.Markets Chr01
Fin.Markets Chr01

... (i.e., “derived” from) another security or commodity – generally an agreement to exchange a standard quantity of assets at a set price on a specific date in the future – Depending on underlying securty price changes, the value of the derivative security changes. McGraw-Hill/Irwin ...
Ingram Micro 401(k) Investment Savings Plan - corporate
Ingram Micro 401(k) Investment Savings Plan - corporate

... in the participant’s account. Participants may borrow a minimum of $1,000 and up to a maximum of the amount equal to the lesser of: $50,000 reduced by the participant’s highest outstanding loan balance during the preceding one year period or 50% of their vested account balance, excluding any balance ...
Schedule 14D-9 - Piedmont Office Realty Trust, Inc.
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... on the other hand, is a contra liability account to mortgage payable that reduces the mortgage payable for long-term debt only. Contra accounts are also called valuation allowances because they are used to adjust the carrying value of the related asset or liability. ...
MEDICINES CO /DE (Form: SC 13G, Received: 11
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1 - Certified Financial Analyst
1 - Certified Financial Analyst

... such as funding structure (perhaps the company is too indebted, and should issue shares to raise more money; or does it have too much cash on its balance sheet, just sitting there not earning interest, so that it should consider paying a large dividend to its shareholders or buying back some of its ...
Agenda: Business Overview NYSE / Euronext Merger Market
Agenda: Business Overview NYSE / Euronext Merger Market

... Although the projections that appear in this document were prepared in good faith by management of NYSE Group and Euronext, no assurance can be made regarding future events. The estimates and assumptions underlying the projections involve judgments with respect to, among other things, future economi ...
terms of the bonds
terms of the bonds

... principal amount of €300,000,000, subject to certain conditions contained therein. The initial Conversion Price is HK$14.28 per Conversion Share, which represents (i) a premium of approximately 40% over the closing price of HK$10.20 per Share as quoted on the Hong Kong Stock Exchange on 12 July 2017 ...
shares as security in modern times: problems and prospects
shares as security in modern times: problems and prospects

... Professor Sir Roy Goode13 states that security interest is “a right given to one party in the assets of another party to secure payment or performance by that other party or by a third party” and postulates that it arises from a transaction intended as a security, and is created by grant or declara ...
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Asset-backed security

An asset-backed security (ABS) is a security whose income payments and hence value are derived from and collateralized (or ""backed"") by a specified pool of underlying assets. The pool of assets is typically a group of small and illiquid assets which are unable to be sold individually. Pooling the assets into financial instruments allows them to be sold to general investors, a process called securitization, and allows the risk of investing in the underlying assets to be diversified because each security will represent a fraction of the total value of the diverse pool of underlying assets. The pools of underlying assets can include common payments from credit cards, auto loans, and mortgage loans, to esoteric cash flows from aircraft leases, royalty payments and movie revenues.Often a separate institution, called a special purpose vehicle, is created to handle the securitization of asset backed securities. The special purpose vehicle, which creates and sells the securities, uses the proceeds of the sale to pay back the bank that created, or originated, the underlying assets. The special purpose vehicle is responsible for ""bundling"" the underlying assets into a specified pool that will fit the risk preferences and other needs of investors who might want to buy the securities, for managing credit risk – often by transferring it to an insurance company after paying a premium – and for distributing payments from the securities. As long as the credit risk of the underlying assets is transferred to another institution, the originating bank removes the value of the underlying assets from its balance sheet and receives cash in return as the asset backed securities are sold, a transaction which can improve its credit rating and reduce the amount of capital that it needs. In this case, a credit rating of the asset backed securities would be based only on the assets and liabilities of the special purpose vehicle, and this rating could be higher than if the originating bank issued the securities because the risk of the asset backed securities would no longer be associated with other risks that the originating bank might bear. A higher credit rating could allow the special purpose vehicle and, by extension, the originating institution to pay a lower interest rate (and hence, charge a higher price) on the asset-backed securities than if the originating institution borrowed funds or issued bonds.Thus, one incentive for banks to create securitized assets is to remove risky assets from their balance sheet by having another institution assume the credit risk, so that they (the banks) receive cash in return. This allows banks to invest more of their capital in new loans or other assets and possibly have a lower capital requirement.
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