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HALCON RESOURCES CORP (Form: 8-K, Received
HALCON RESOURCES CORP (Form: 8-K, Received

... pursuant to the terms and provisions of this Agreement and Section 12.04(b), and the Borrower, the Administrative Agent and each Lender, including the New Lender, hereby consummates such assignment and assumption pursuant to the terms, provisions and representations of the Assignment and Assumption ...
Accounting for Notes Receivable
Accounting for Notes Receivable

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  Defaultable Debt, Interest Rates, and the Current  Account    

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Controladora Vuela Compania de Aviacion, SAB de

... Total long-term liabilities Financial debt Stock market loans Other liabilities with cost Deferred tax liabilities Other non-current liabilities Financial instruments Deferred revenue Employee benefits Provisions Long-term liabilities related to available for sale assets Other Total equity Equity at ...
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Three Types of Accounting Policies Reflected in Financial

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The Myth of Home Ownership and Why Home Ownership is Not

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Staff Working Paper No. 594: Non-performing

... as a bookkeeping entry for expected losses, while equity is often described as a residual buffer for creditors from unexpected losses. 4 However, LLPs and shareholders’ equity are more linked than these conventional descriptions of their different functions might imply. When provisions are made, the ...
GLOBAL PAYMENTS INC
GLOBAL PAYMENTS INC

... These unaudited consolidated financial statements include our accounts and those of our majority-owned subsidiaries, and all intercompany balances and transactions have been eliminated in consolidation. These unaudited consolidated financial statements have been prepared in accordance with accountin ...
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International Interbank Borrowing During the Global Crisis

... The risk-based approach has several advantages. First, adjusting banking systems’ international exposures for counterparty risk allows for more meaningful cross-country comparisons. Second, the risk-based approach is able to capture changes in counterparty risk and expected losses. Since creditors w ...
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... II  rules  were  finalized  on  September  23,  2013,  which  resulted  in  the  lifting  of  the   1933  ban  on  general  solicitation  of  private  offerings  in  September  2013  (and  meant   that  firms  could  reach  out  to ...
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Paper-14: Advanced Financial Management

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DETERMINANTS OF FIRMS` BANKRUPTCY: THE CASE OF

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Defining “Merger” - International Competition Network

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Information, Power, Credit Restrictions and international banking

... Whatsoever, even this is not sufficient to produce an equilibrium that is creditrationed. To do this the New Keynesian decisional apparatus (including asymmetric information) has to be based on the loanable funds theory. Banks need to obtain the funds that they lend first and have to obtain hoarding ...
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Defaultable Debt, Interest Rates and the Current Account

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Privacy Policy - Georgia Power Valdosta FCU

chapter 7—long-term debt
chapter 7—long-term debt

... a. A ratio that indicates a firm's long-term, debt-paying ability from the income statement view is the times interest earned. b. Some of the items on the income statement that are excluded in order to compute times interest earned are interest expense, income taxes, and unusual or infrequent items. ...
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... assumptions could prove inaccurate. The forward-looking statements also involve risks and uncertainties, which could cause actual results to differ materially from those contained in any forward-looking statement. Many of these factors are beyond Piedmont’s ability to control or predict. Such factor ...
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V. The Culture of Risk and Regulation

... crises is explained by economists in terms of many different factors, including the macroeconomic environment (low interest rates, external imbalances, etc.), deregulated markets, leverage cycles and credit expansion, asymmetric information, “animal spirits”, “irrational exuberance” and other psycho ...
Methods of Loan Guarantee Valuation and Accounting
Methods of Loan Guarantee Valuation and Accounting

... government to fully finance the project and bear all risks. Researchers find that loan guarantees are of significant value, providing substantial comfort to lenders, especially as the underlying risk and the term of the loan increase. A guarantee’s value to a lender, however, implies a cost to the ...
Shadow Fed Funds Rate
Shadow Fed Funds Rate

... For Institutional Investor use only. Not for use with the general public. Do not forward or distribute. ...
Inflation Risk Management in Project Finance
Inflation Risk Management in Project Finance

... The main findings are applicable also to Project Finance (PF), a long-term highly leveraged investment, based on discounted and segregated cash flows. For a statistic of the main PF applications, see Dla Piper[6] and http://online. ...
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Securitization

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.
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