Refinancing in a sentence | Use of the word refinancing examples

Brent crude oil prices have fallen by more than 10% since the company announced its refinancing plans.

The drop-off in refinancing volume was less marked, as many companies have already refinanced existing loans in the last few years.

refinancing activity in July and August, then the summer vacations.

They were accused of crimes including embezzlement and money laundering in connection with a never-concluded refinancing agreement.

Dec. 28: The retailer says it is close to a 200 million euro refinancing deal, to be sealed by the end of May.

It says it has reached agreement with 16 of its 17 lenders on a refinancing plan needed to launch the capital raise.

A mortgage is the one type of loan that’s probably most frequently associated with refinancing.

How can renters take advantage of refinancing?

What about cash-out refinancing?

Cash-out refinancing offers you an interesting option.

Before refinancing everything, consider the downsides While both these refinancing options can be helpful to borrowers, there are some downsides.

And refinancing any loan comes with a cost.

refinancing could cost you more money in interest over time too.

Bottom line: Should you consider refinancing your loans?

refinancing isn’t just for homeowners, so don’t be afraid to find out if a refi could improve your financial life.

The second-lien loan is conditional on MoneyGram refinancing or extending the maturity of its existing revolving credit and first-lien term loan.

refinancing options And a new policy that would likely have the largest impact of all: allowing borrowers to refinance their student loans.

MBA’s barometer on refinancing activity jumped 46.5% from the prior week to 1,956.5, a level not seen since November 2016.

A self-proclaimed “pragmatist,” he supports stabilizing Obamacare and refinancing student debt, while Joshi and Hackett are running on a Medicare-for-all, free-college platform.

The New York-based retailer is in the early stages of exploring options for its debt that could include a refinancing, the sources said.

Rather, investment grade borrowers focused heavily on refinancing activity.

In the current quarter, with only US$57.19bn in new money volume, refinancing activity dominated issuance.

Notably the record refinancing and repricing activity that took place in 2018 has largely been absent this year.

What was originally a tuition-free proposal with a provision for refinancing student loans has become a debt-free and tuition-free proposal.

Morningstar Credit Ratings estimates that half of the remaining loans will have difficulty refinancing, Bloomberg News reported.

Germany’s Bund yield dipped briefly below the ECB’s main refinancing rate on Dec 12, 2008.

BAKU, June 7 (Reuters) – Azerbaijan’s central bank said on Friday it had cut its refinancing rate to 8.50% from 8.75%.

Brent crude oil prices have fallen by more than 10% since the company announced its refinancing plans.

Her answer to college affordability isn’t free tuition but rather a student loan refinancing proposal called the Red Act.

Germany’s Bund yield dipped briefly below the ECB’s main refinancing rate on Dec. 12, 2008.

Sanders proposed tuition-free college and encouraged student loan refinancing.

For more on how to apply for income-based refinancing, check out StudentLoans.gov .

More millennials are refinancing student loans, delaying a home purchase, and looking for creative ways to earn more money through side hustles.”

Lazard is active in Africa, advising Mozambique on its restructuring negotiations, and South African state power company Eskom on its refinancing.

Lazard is active in Africa, advising Mozambique on its restructuring negotiations, and South African state power company Eskom on its refinancing.

The loan given to Kushner Cos. contributed to a refinancing package for one of its properties in Manhattan.

MBA’s barometer on refinancing activity jumped 46.5% from the prior week to 1,956.5, a level not seen since November 2016.

“Tomorrow we begin the first round of renegotiation and refinancing of Venezuela’s debt.

The people who need to pay the most attention are homeowners who are eligible for refinancing.

Many people already are taking the refinancing leap.

In a cash-out refinancing, homeowners remove a portion of equity from their home while adjusting their loan rate.

A spouse can be a co-signer for refinancing a student loan.

While refinancing student loans is a popular way to lower interest rates, the co-signing spouse will be on the hook for that debt.

Attorneys for the executives have documents that show debt refinancing negotiations were approved by the PDVSA board.

People should be able do some cash-out refinancing to renovate and do repairs on their current homes.

Thinking of refinancing through a personal loan?

As reported by Reuters, the new loans will carry a floating rate tied to the ECB’s main refinancing operation, currently set at zero.

The loan given to Kushner Cos. contributed to a refinancing package for one of its properties in Manhattan.

Now that the debt has been issued, there’s just the small task of refinancing it, or having to actually pay it back.

AZERBAIJAN – Azerbaijan’s central bank on June 7 cut its refinancing rate to 8.50% from 8.75% citing stable inflation expectations.

TAJIKISTAN – The central bank reduced the refinancing rate to 13.25% from 14.75% on May 31.

Some analysts estimate that total debt refinancing will amount to 11 trillion yuan in 2016 and 2017.

They were accused of crimes including embezzlement and money laundering in connection with a never-concluded refinancing agreement.

By listing on the stock market, further expansion would be easier, thanks to new refinancing possibilities Renschler went on to say.

AZERBAIJAN – Azerbaijan’s central bank on June 7 cut its refinancing rate to 8.50% from 8.75% citing stable inflation expectations.

TAJIKISTAN – The central bank reduced the refinancing rate to 13.25% from 14.75% on May 31.

“We expect they will need to actively consider refinancing options during the course of next year,” said Beadle.

By refinancing your debts with a new card with a lower interest rate, you can save money on interest and lower your monthly payment.

US Foods said it took a $42 million pre-tax refinancing charge.

Visit SoFi to explore your options and see if refinancing will leave you better off!

Check out Lending Tree for instant refinancing offers that can help you save money and get out of debt faster.

Both banks have comfortable liquidity cushions, manageable refinancing schedules and established access to capital and money markets.

refinancing volume fell to US$93.53bn in the first quarter, 52% lower than US$194.4bn raised a year earlier.

The slowing stream of refinancing deals mainly consisted of amendments and extensions to existing loans, and the conversion of existing facilities into sustainability-linked loans.

German borrowers led the way in refinancing in the first quarter.

Fitch also gives credit to the larger range of refinancing options offered for such cover pools.

Following the update of its refinancing spread levels and fire-sale discount assumptions NLB’s breakeven OC has decreased to 18.5% from 19%.

26 Oct 2016) here Fitch’s Cover Asset refinancing Spread Level (RSL) Assumptions – Excel File (pub.

The people who need to pay the most attention are homeowners who are eligible for refinancing.

Many people already are taking the refinancing leap.

In a cash-out refinancing, homeowners remove a portion of equity from their home while adjusting their loan rate.

(Adds CPI data) TBILISI, July 24 (Reuters) – Georgia’s central bank said on Wednesday it had kept its refinancing rate unchanged at 6.5%.

YEREVAN, June 11 (Reuters) – Armenia’s central bank kept its key refinancing rate unchanged at 5.75% on Tuesday.

BAKU, July 26 (Reuters) – Azerbaijan’s central bank said on Friday it had cut its refinancing rate to 8.25% from 8.50%.

MBA’s seasonally adjusted gauge on refinancing declined 2.1% to 1,789.8 from prior week’s 1,827.3.

Her answer to college affordability wasn’t making tuition free but rather a student loan refinancing proposal called the RED Act.

But in terms of debt reduction, I think we should explore refinancing student debt and making it easier to repay.

TBILISI, June 12 (Reuters) – Georgia’s central bank said it kept its refinancing rate at 6.5%on Wednesday.

Ireland has already had success in refinancing a large amount of banking-related debt.

Separately, the frozen dough maker said it had agreed a new five-year unsecured refinancing of 1.8 billion euros.

refinancing is a part of her plan as well.

Fitch expects FFO adjusted gross leverage at 7.9x at FYE19, a level of refinancing risk consistent with a ‘CCC’ IDR.

The bank also led the US$850m dollar portion of a refinancing effort for German cable company Unitymedia in October.

The refinancing share of total applications last week grew to 46.8 percent, the largest since January 2018, from 45.8 percent the previous week.

The average mortgage size for refinancing applications reached $353,100, the highest since the MBA began tracking its weekly survey in 1990.

British miner Glencore climbed after announcing the refinancing of its debt, while Schneider Electric surged 8.8 percent after reporting higher revenues and earnings.

The group’s seasonally adjusted index of mortgage refinancing activity dipped 0.5 percent to 1,290.8, the lowest since early July.

Existing homeowners with more expensive homes filed more refinancing applications with lenders last week.

The share of refinancing requests of total applications grew to 49.0 percent from 48.7 percent the previous week.

The average size of conforming loans for refinancing hit an all-time high at $438,900 in the latest week.

The sovereign is also working with HSBC, JP Morgan and MUFG on the refinancing of its existing US$10bn syndicated loan.

The use of proceeds is for refinancing.

Loans financing M&A make up roughly 42% of the calendar, according to LPC, which highlights the lack of refinancing transactions.

The group’s seasonally-adjusted gauge on applications for mortgage refinancing dropped 9.0 percent to 838.1, the lowest since December 2000.

refinancing has created a more comfortable repayment schedule, Chief Financial Officer Paul Herendeen said.

Three-quarters of millennial graduates told Citizens Bank that refinancing is not part of their plan to pay off their student loans.

In addition to Citizens Bank, SoFi, CommonBond, Wells Fargo, Earnest and other institutions offer refinancing programs.

refinancing loans start as low as 4.74 percent.

SoFi has made a packet by refinancing student loans which were in effect mispriced by government programmes.

On average, a customer will save 1.5 percent APR when refinancing, or $147 a month, according to Citizens.

If interest rates rise substantially, the scope for existing borrowers to save money by refinancing will disappear.

Mortgage refinancing will also dry up.

Yet December’s increase has curbed the hugely profitable business of refinancing mortgages.

In Moscow, foreign-currency loan holders have stormed bank branches demanding refinancing in roubles.

That pushes refinancing, and the associated risk of default, far into the future.

Although Lodha has access to domestic funding sources, the company has not yet communicated a detailed refinancing plan for its upcoming maturities.

But if it stops, interest rates of 10% or more on dollar-denominated bonds will make refinancing difficult.

Would it be worth offering 155 cents on the dollar upfront, and refinancing the debt at today’s lower rates?

The Treasury has discussed the idea of refinancing illiquid bonds to improve market liquidity.

Any default within the system would have cataclysmic consequences for the economy that would far outweigh any gains in refinancing costs.

Some analysts estimate that total debt refinancing will amount to 11 trillion yuan in 2016 and 2017.

Governments could also issue irredeemable debt, or “consols”, which eliminate the risk of a refinancing crisis.

Mortgage refinancing at lower rates also leaves households with more disposable income.

Both report strong rises in refinancing applications.

26 Oct 2016) here Fitch’s Cover Assets refinancing Spread Level (RSL) Assumptions – Excel file (pub.

Debt-management operations and cash buffers, which at around 5.5% of GDP fully cover 2016 financing needs, reduce refinancing risks.

Around two-thirds of the leveraged loans made in the first quarter were for refinancing purposes.

This has caused secondary prices to creep up and banks to look to refinancing and repricing deals to get the market moving.

The HSBC agreement requires the company to provide various types of relief to mortgage holders, such as principal reductions and refinancing for underwater mortgages.

“I was planning on refinancing my mortgage,” he recalled, a change that he said would have saved him $15,000.

The government’s debt-management agency has a lot of cash on hand, and it has been actively refinancing its borrowing on longer maturities.

And refinancing that debt could soon become more costly.

Deterioration in liquidity and asset quality, including a high encumbered balance sheet and heightened refinancing risk, may lead to a rating downgrade.

The proceeds from the issue will be used for working capital and refinancing.

Issue proceeds will be used for general corporate purposes and refinancing.

Fankhauser said the group had paid 1.2 billion pounds in interest and refinancing costs on around 1.6 billion pounds of debt since 2012.

Investor doubts about the company’s earnings in December weighed on the refinancing of Schur Flexibles.

At the time, it had to hike the pricing on a 275 million euro refinancing.

MBA’s seasonally adjusted gauge on refinancing fell 6.5 % to 1,779.7.

“The true new issue in the market – not just sponsor-to-sponsor deals or refinancing deals – is great to see.

Even fixed-rate mortgages typically need frequent refinancing.

The proceeds will be used for either refinancing or funding ICBCTL’s general operations.

Each year Apple must issue $30bn of bonds (including refinancing), similar to the average of Wall Street’s five largest firms.

Even fixed-rate mortgages typically need frequent refinancing, every two to five years or so.

On the day he announced the refinancing, he also said that PDVSA would make the final $1.2bn payment on a maturing bond.

refinancing risks are limited, with only USD0.5bn of wholesale funding (about 2% of liabilities) due in April-December 2016.

“I decree a refinancing and restructuring of all…Venezuelan payments,” Mr Maduro said.

Wholesale funding refinancing needs (excluding repo transactions) for the rest of 2016 are limited to RUB90bn (7% of liabilities).

Manageable Debt Maturities: Baxter has roughly $2.7 billion of long-term debt outstanding following the August 2016 refinancing transaction, and resulting/estimated leverage was 1.9x.

But despite having shaken off its refinancing challenges, Noble’s shares are still 75 percent below where they were in early 2015.

The ECB surprised investors with an unexpected cut of its main refinancing rate to zero from 0.05 percent.

Without a deal, Johnston Press said it would have to explore alternative refinancing and restructuring options.

DNB Markets and Pareto Securities acted as managers for the refinancing.

Hikes in American interest rates would push up the cost of refinancing debts.

11 Mar 2016) here Covered Bonds Rating Criteria – Mortgage Liquidity and refinancing Stress Addendum (pub.

A central bank might become a superpower in retail banking, disrupting traditional commercial banking by refinancing the credit supply via deposits.

17 May 2016) here Fitch’s Mortgage Covered Bond refinancing Stresses – Excel File (pub.

MBA’s seasonally-adjusted barometer on mortgage refinancing edged up 0.3 percent at 1,053.4.

A new bond issue would likely prove expensive, leaving the oil producer with few cost-effective refinancing options beyond the bank market.

And they have been heavy users of the European Central Bank’s targeted longer-term refinancing operations (TLTROs), which offer cheap funding.

UHS typically uses its revolver and A/R facility to fund working capital and other operational needs, more recently refinancing outstanding amounts with longer-dated debt.

However, Fitch views refinancing risk as limited due to the presence of NCB in its ownership structure.

Similarly, the presence of KFH in Kuveyt Turk’s shareholder structure limits refinancing risk at the subsidiary.

The surge in mortgage rates, which have risen more than 0.40 percentage point since the Nov. 8 election, has slashed refinancing activity.

MBA’s seasonally adjusted refinancing index fell 16 percent to 1,469.9 last week, its lowest level since early January.

Significant refinancing volume boosted lending levels in the last two years.

Also on Thursday, specialty aerosol products maker PLZ Aeroscience lauched a US$719m refinancing transaction.

It’s very bad for refinancing,” said a trader in Shanghai, referring to the premium demanded by investors for buying riskier bonds.

MBA’s seasonally adjusted gauge on refinancing fell 6.5 % to 1,779.7.

Oct 31 (Reuters) – Ashford Hospitality Trust Inc * Ashford Trust completes refinancing of 17-hotel portfolio Source text for Eikon: Further company coverage:

Investor doubts about the company’s earnings in December weighed on the refinancing of Schur Flexibles.

At the time, it had to hike the pricing on a 275 million euro refinancing.

Markets.com analyst Neil Wilson said several questions about how the refinancing deal would impact a proposed sale of the airline business also remained.

That could complicate any possible debt refinancing attempt.

Fankhauser said the group had paid 1.2 billion pounds in interest and refinancing costs on around 1.6 billion pounds of debt since 2012.

The company also said it had launched a refinancing plan which includes loans and bonds, without giving further details.

According to LPC, GEMS’ refinancing includes a $850 million loan, $500 million in secured bonds and euro-denominated bonds worth $300 million.

The successful conclusion to the massive deals put repricing and refinancing transactions back on the agenda after stalling during the summer months.

Another option would be to extend its targeted longer-term refinancing operations, which offer cheap funds to banks that lend to firms and households.

The share of weekly refinancing requests increased to 64.0 percent of total applications from 61.6 percent the previous week, the Washington-based group said.

We forecast Premier will, as a result, retain adequate financial flexibility, translating into limited refinancing risks.

Applications for credit card and auto loans both increased, while demand for mortgage refinancing fell during the survey period, the NY Fed said.

Choosing to repay debts instead of refinancing operations had hurt the company’s ability to get back on track, Jia said.

The ECB’s targeted longer-term refinancing operations, which offered euro-zone banks cheap credit, are due to come to an end.

ECB-watchers think that the bank may extend its targeted long-term refinancing operations.

The group’s barometer on refinancing applications fell 1.9 percent to 1,274.

AZERBAIJAN – Azerbaijan’s central bank said on March 15 it had cut its refinancing rate to 9 percent from 9.25 percent.

The proceeds from the issue will be used for general corporate purposes and refinancing.

Some economists think it might extend its targeted longer-term refinancing operations, which offer cheap loans to banks.

And it announced a third round of “targeted longer-term refinancing operations” (TLTRO-III), which will make cheap loans to banks.

The bank charged people for car insurance they did not need and overcharged members of the armed forces for refinancing mortgages.

More debt is maturing than companies can generate cash to make payments, while banks are refinancing fewer loans, the analysts said.

This meant these cash-poor banks would need to rely on the ECB’s weekly auctions, or Main refinancing Operations, for cash once TLTRO expire.

Even the smallest bond issue in Russia would create a substantial bullet refinancing exposure on the company’s balance sheet.

Fitch does not believe Hydoo faces any short-term liquidity pressure given its proven refinancing ability.

Further, we expect Istanbul’s committed unused bank lines and strong access to financial markets to mitigate immediate liquidity and refinancing risks.

That came amid much speculation the ECB would launch another round of Targeted Long-Term refinancing Operations (TLTRO) to support bank lending.

This, together with the city’s several credit lines with state-owned and commercial banks, mitigates short-term refinancing risk.

The affirmation reflects the republic’s sound fiscal performance and moderate direct risk with some refinancing pressure.

As of end-10M17, about 60% of Chuvashia’s direct risk will mature over the next three years, exposing the republic to refinancing pressure.

The US$550m term loan is now trading near 99, allowing lenders to start discussions on repricing or refinancing the deal.

Issuance proceeds are for short-term debt refinancing.

Following this refinancing, we expect the ratio of JPL’s secured and prior-ranking debt to EBITDA to reduce to below 2x.

Perhaps the time for a new round of cheap, multi-year loans to banks, known formally as Targeted Long-Term refinancing Operations (TLTROs) is getting nearer.

“I do not believe it permits the proposed refinancing,” she said.

Cumulus said the refinancing must be completed by March 13, when the exchange offer is scheduled to expire.

It also sought an order requiring JPMorgan to undertake other actions necessary to effectuate the refinancing.

The airline had planned for additional funds and equity refinancing in November to raise its capital base by at least $40 million.

La Rioja’s financial needs for 2016 are estimated at EUR197m and a further EUR151m for refinancing.

Oger’s problems stem from its $4.75 billion syndicated loan, which it took on in 2013 as part of a debt refinancing.

Fitch also gives credit to the larger range of refinancing options offered for such cover pools.

29 Nov 2016) here Fitch’s Cover Asset refinancing Spread Level (RSL) Assumptions – Excel File (pub.

This diversification reduces the risk of refinancing in the medium term.

Online finance startup SoFi got its start refinancing student loans but gradually has been adding other services to members.

It plans a capital increase of 600 million Swiss francs, and a bond issue of around 350 million francs for refinancing purchases.

Japfa is currently addressing the refinancing of its domestic bonds, but risks remain due to the lumpy maturity profile.

SoFi is best known as an online lender targeting so-called HENRYs (high earners, not rich yet) with student loan refinancing and other financial services.

About half of LendingClub’s loan originations come from refinancing credit card debt, which they source via U.S.

Seele plans to manage refinancing of the $350 million via an intercompany loan.

Four targeted longer-term refinancing operations (TLTRO II) will start in June.

“I do not believe it permits the proposed refinancing,” she said.

The refinancing process for student loans is just too damn hard.

Cumulus said the refinancing must be completed by March 13, when the exchange offer is scheduled to expire.

It also sought an order requiring JPMorgan to undertake other actions necessary to effectuate the refinancing.

A marketplace for student loan refinancing, the company’s service is simple.

One application gets you visibility into all of the many different options for student loan refinancing.

Average users at LendEDU save roughly $12,000 by refinancing their student loan debt (that’s a lot of beer, pizza, and ramen, y’all).

It also works with some of the biggest new student loan refinancing companies.

So far, the banks have avoided refinancing stress; Turkish lending is lucrative for European banks which may be unwilling to risk those long-standing ties.

And refinancing that debt could soon become more costly.

It also reflects our base case that banks will generally be able to continue refinancing international borrowings.

Many investors are refinancing and holding onto their assets, taking advantage of highly liquid debt markets, Perez-Alvarado said.

Proceeds from amounts borrowed under the CP program are expected to be used for general corporate purposes including the refinancing of upcoming maturities.

First quarter volume was supported by large scale M&A financing and a consistent level of refinancing activity.

The biggest refinancing of the quarter was an amend-and-extend of Italian car maker FCA Group existing revolving credit facility.

Borrowers with existing student loan debt have several options for managing it, including income-driven repayment plans, federal forgiveness programs and student loan refinancing.

An oil hit and foreign sanctions continue to hamper oversees refinancing by Moscow and its major companies.

That followed a report in the Financial Times that the company was in rescue refinancing talks that could see creditors take control.

The company had been continually refinancing its debts for the past four years, Greg Plotko, a legal expert in bankruptcy, tells Axios.

For example, one online SoFi ad had claimed: “refinancing student loans saves $22,359 on average.” Another said: “Start saving on your student loans.

In addition, the FTC said SoFi misrepresented when consumers would actually pay more under certain refinancing plans, which violated the FTC Act.

But Point would have to approve any subsequent refinancing after homeowners enter an agreement with the company.

23 Jul 2015) here Covered Bonds Rating Criteria – Public Sector Liquidity and refinancing Stress Addendum (pub.

However, they are chasing a shrinking pool of refinancing business and new home loan volumes are still below pre-crisis levels.

4 & refinancing amendment no.

Fitch will continue to closely monitor the liquidity position of Catalonia and the rest of autonomous communities with significant ST refinancing risk.

Martinez was jailed after the country’s top prosecutor said he allowed a poor refinancing deal for Citgo to go ahead without government approval.

Most marketplace lending today, at least on the major platforms, is for refinancing old loans, not issuing new ones.

For example, about 70 percent of origination volume on LendingClub is for refinancing or paying off credit card debt.

Instead, look for companies with a differentiated borrower channel strategy addressing needs beyond refinancing.

The group’s seasonally adjusted index of mortgage refinancing activity slipped 3 percent to 1,357.6, the lowest since early July.

The share of refinancing requests of total applications grew to 49.5 percent from the previous week’s 48.6 percent.

SoFi, in the US, has raised $1.9 billion, and is branching out rapidly from its core business of refinancing student loans.

Although volume was up, refinancing and amend and extends really drove activity meaning the overall fee pool was down,” a senior banker said.

Commodity and natural resource companies Vitol and Glencore also returned for their annual multi-billion refinancing operations.

Glencore agreed a US$9.085bn loan refinancing in March while Vitol signed a US$9.4bn loan refinancing in October.

It focuses on mortgages and refinancing, credit cards and limit increases, and auto loans.

Credit Suisse and BNP Paribas are bookrunners on the refinancing, with the latter also administration agent.

“Not only are the fundamentals not improving, Erdogan is doing worse, investor sentiment is very, very bearish and they still have significant refinancing needs.”

refinancing risks are moderate.

The MBA’s seasonally adjusted gauge on refinancing requests fell 3.1 percent to 1,754.2, the lowest since the Jan. 15 week.

SoFi, which for years was best known for refinancing student loans, has recently launched new businesses like deposits and robo-advising.

(Reuters) – Exchange operator Bats Global Markets Inc BATS.Z reported a 12.3 percent fall in quarterly profit, hurt mainly by a pretax debt refinancing charge.

Earlier, the ECB surprised financial markets by dropping its main refinancing rate to zero from 0.05 percent.

The recent bond issuance also largely addressed the company’s offshore refinancing needs for the next six to 12 months.

An alternative approach would be to increase banks’ reserve requirements, which are remunerated at the ECB’s refinancing rate, currently at 0.05 percent.

The guys at Spruce guesstimate that fees to title companies may be the single largest closing cost in buying or refinancing a home.

But analysts caution it is too early to tell if many firms are refinancing existing debt or planning new investments.

Noto will take over leadership of the load refinancing startup from interim CEO Tom Hutton when he starts in March.

30 Oct 2017) here Fitch’s Cover Assets refinancing Spread Level (RSL) Assumptions – Excel File (pub.

The group’s seasonally adjusted barometer on home refinancing requests rose 6.4 percent to 1,084.4.

11 Mar 2016) here Covered Bonds Rating Criteria – Mortgage Liquidity and refinancing Stress Addendum (pub.

It said the company lacked a “concrete and credible” refinancing plan.

29 Nov 2016) here Fitch’s Cover Assets refinancing Spread Level (RSL) Assumptions – Excel file (pub.

UBS data shows Turkey’s gross debt refinancing needs are the highest in emerging markets when compared with its hard currency reserves.

Coelho said Previ considered the bid too low, so a better alternative now would be a debt refinancing.

11 Mar 2016) here Covered Bonds Rating Criteria – Mortgage Liquidity and refinancing Stress Addendum (pub.

17 May 2016) here Fitch’s Mortgage Covered Bond refinancing Stresses – Excel File (pub.

“I do not believe it permits the proposed refinancing,” she said.

Cumulus said the refinancing must be completed by March 13, when the exchange offer is scheduled to expire.

The refinancing has been several years in the making.

It also sought an order requiring JPMorgan to undertake other actions necessary to effectuate the refinancing.

* Ceva Logistics said it had completed its $1.4 billion refinancing.

If you have private loans, student loan refinancing could replace your existing loans with a new, private loan at a lower interest rate.

They also took around €312m as a dividend in 2013, as part of a wider €335m refinancing.

This, along with refinancing higher cost borrowings, has helped lower its annual cash interest expense by approximately $60 million to $29 million in 2015.

An upgrade to higher categories is unlikely over the short-term given USJ’s persistently high refinancing risks.

Oaktree, along with Capital Management LP, rescued Billabong in 2013 with a refinancing deal but the turn-around hit headwinds.

Shares fell as much as 4.2 percent in mid-morning trading, but recouped part of those losses as Angelotti vowed to implement tougher refinancing deals.

As part of Airbnb’s recent refinancing, the room-rental business threw a tasty bone to employees with at least four years of tenure.

Before the refinancing high interest payments consumed more than a quarter of EBITDA.

LIQUIDITY Improved Liquidity: The refinancing improves Wind Tre’s liquidity profile as the company does not face any significant debt maturity before 2023.

18 May 2016) here Fitch’s Cover Asset refinancing Spread Level (RSL) Assumptions – Excel File (pub.

YEREVAN, Dec 27 (Reuters) – Armenia’s central bank said on Tuesday it had cut its refinancing rate to 6.25 percent from 6.5 percent.

Proceeds will be used for general purposes, including financial investments, refinancing and the repurchase of debt.

But in June 2016, the ECB reinstated a waiver enabling it to accept Greek public sector debt as collateral to access regular refinancing facilities.

Greek banks can also borrow under the ECB’s targeted longer-term refinancing operations (TLTRO).

That started with student-loan refinancing and expanded to mortgage and other lending products.

Sponsors such as private equity firms use dividend recaps to pay themselves distributions while refinancing debt at their portfolio companies.

Udmurtia is exposed to refinancing pressure as 76% of direct risk matures in 2016-2018.

Fitch will monitor rated NBFI’s risk appetite and mechanisms to confront such contingencies as restructuring, refinancing and client retention programs.

The loan launched in April to back the refinancing and combination of three software businesses – Openlink, TriplePoint and Wall Street Systems.

Fitch expects CKP to maintain its reliable access to the bond and loan markets for refinancing at favourable interest cost.

AFD faces low refinancing risk due to its fairly large capital base, its long-funding structure, and the predictability of its loan disbursement schedule.

“In the refinancing mechanism we will use a lot of different instruments but none of them are dilutive,” Weber said.

26 Oct 2016) here Fitch’s Cover Asset refinancing Spread Level (RSL) Assumptions – Excel File (pub.

“In the refinancing mechanism we will use a lot of different instruments but none of them are dilutive,” Weber said.

The sources could not be identified because the details of the refinancing process are confidential.

StoneMor declined to comment on the refinancing.

Jinmao says the proposed securities will be used for refinancing outstanding indebtedness, working capital and other general corporate purposes.

“My next question is how will Wanda prepare the (next) refinancing,” Lee added.

The three-year loan will be used for Wanda’s refinancing and working capital, sources told LPC.

Online lender and refinancing company SoFi is the latest tech company to be caught up in a series of sexual harassment allegations.

YEREVAN, May 15 (Reuters) – Armenia’s central bank said on Tuesday it had decided to keep its key refinancing rate unchanged at 6 percent.

26 Oct 2016) here Fitch’s Cover Asset refinancing Spread Level (RSL) Assumptions – Excel File (pub.

The refinancing rate was forecast to remain on hold at zero through to the end of next year at least.

Akbank’s refinancing normally closes in August and sets a pricing benchmark for other banks to follow.

This year, the refinancing round appeared to have been delayed as international lenders assessed the impact of the currency sell-off, bankers have said.

It is possible to switch student loan servicers through federal consolidation or student loan refinancing.

BAKU, Nov 15 (Reuters) – Azerbaijan’s central bank left its refinancing rate unchanged at 15 percent, it said in a statement on Wednesday.

Consolidating is frequently confused with student loan refinancing, which is a way to save money on interest by getting a lower rate.

Last month, Social Finance, or SoFi, a startup centered around the refinancing of student loans, was sued by a former employee.

The refinancing includes a US$1.25bn term loan A and a US$2.25bn euro-denominated term loan A.

Prior to the refinancing the company had around US$3.4bn of TLA and a small €150m TLA.

The refinancing also includes a US$1bn seven-year term loan B and a US$1.5bn euro-denominated seven-year term loan B.

Prior to the refinancing the TLB included an approximate US$1.59bn tranche and €1.158bn tranche.

“It’s a huge refinancing exercise.

GRAPHIC – UK’s refinancing hump: tmsnrt.rs/2RCFuF6 A 20-year gilt auction last month brought a hint of nervousness.

YEREVAN, March 28 (Reuters) – Armenia’s central bank said on Tuesday it had kept its refinancing rate unchanged at 6 percent.

refinancing risk is low at the three banks because they are self-funded with stable and largely granular customer deposits.

However, the ratings agency Moody’s said on Tuesday that most rated Turkish companies could handle refinancing risks despite the rising uncertainties.

After the company moved beyond its student loan refinancing business to also include mortgages, he took over that business.

Several of Odebrecht’s 15 subsidiaries are refinancing up to 35 billion reais ($11 billion) in loans and selling assets, Reuters has reported.

refinancing pressure on the budget will persist over the medium term, with 78% of direct risk maturing during 2017-2018.

In the near term refinancing needs for 2016 are limited to the repayment of RUB0.4bn budget loans (4% of total outstanding).

Undrawn credit lines with banks total RUB5bn, which fully cover the region’s refinancing needs for 2016-2017.

Strong property-level EBITDA growth, lower leverage and the refinancing of higher-cost debt support these expectations.

“In a rising rate environment, when issuers’ refinancing needs arise, borrowing costs will inevitably increase,” the report said.

Nonetheless, with less than six months remaining, it is critical that Parkson lines up refinancing options soon.

DERIVATION SUMMARY Parkson’s ‘CCC’ rating reflects its refinancing risk, as its bond maturity is less than six months away.

It is critical that the company arranges for refinancing in the coming few months.

Announces completion of strategic refinancing Source text for Eikon: Further company coverage:

KEY RATING DRIVERS The ‘BB’ rating reflects the region’s moderate debt with limited exposure to refinancing risk and satisfactory fiscal performance.

UOP: debt refinancing, GCP.

The region faces refinancing of RUB2.2bn in 2016, or less than 10% of its outstanding direct risk.

The affirmation reflects Fitch’s view regarding the republic’s stable fiscal performance and moderate direct risk with some refinancing pressure.

However, refinancing risk exists over the medium term.

“Student loan refinancing is an important area of opportunity for financial institutions, so we’re glad to invest in this innovative loan refinancing platform.

(My parents paid for my undergraduate by refinancing their mortgage, and now I’m paying them back.

It also factors in continued direct risk growth and high refinancing pressure.

Komi is exposed to high refinancing risk as it needs to repay 35% (RUB11.5bn) of its direct risk in 2016.

It’s not unlike refinancing your home to get a lower payment.

11 p.m. — Slightly drunk but weirdly very motivated to do some adulting, so I research refinancing my student loan.

That means Telecom Italia has no interest in its Brazilian rival even in the case of a debt refinancing, Valor quoted Cattaneo as saying.

For us, paying for long-term care required immediate efforts to save, pool resources and reduce living costs – in part by refinancing our house.

I help clean more and get another rate quote on refinancing my student loan.

11 a.m. — Speak to one of the student loan refinancing companies.

6 p.m. — Home after the event and upload my latest student loan billing document to the refinancing company for review.

SoFi and CommonBond are two startups specifically targeting students and refinancing.

All companies are exposed to refinancing risk given their reliance on short-term debt and tight liquidity buffers.

Through refinancing the loan, I dropped my interest rate to 5% and changed the repayment to five years versus seven.

The group’s seasonally adjusted barometer of refinancing applications decreased to 1,210.5, the lowest since the week of Jan. 6.

The system capitalisation (20.9% of risk-weighted assets on average in June 2016) is adequate and refinancing risks are fairly limited.

refinancing risk is lower than the region’s ‘B’ category peers.

The administration plans to fund 2016 refinancing needs with bank loans and budget loans, and plans to issue new bonds in 2017.

Further, the company does not have any committed credit lines at its disposal, limiting its financial flexibility and exposing it to significant refinancing risk.

December 2009 – Porsche’s derivatives portfolio unravels in the financial crisis, requiring billions in refinancing.

“This could increase HSH Nordbank AG’s refinancing costs and make it difficult to access funding channels,” HSH warned.

We expect larger corporate issuers will be willing to pay a premium to extend these maturities and reduce refinancing risk if the market reopens.

In fact, it expects many of its users wouldn’t be able to take advantage of refinancing options, anyway.

* In q3 we achieved a material improvement in our funding, refinancing our £220 million bond with a coupon reduction of 2.75%.

refinancing of existing mortgages was up 13.7 percent on the year at 28,212.

An alternative approach would be to increase banks’ reserve requirements, which are remunerated at the ECB’s refinancing rate, currently at 0.05 percent.

Glencore is refinancing a US$8.45bn loan that supports the company’s trading activities and was agreed in May 2015.

The spike in 30-year mortgage rates, which have risen about 0.50 percentage point since the Nov. 8 election, has reduced refinancing activity.

MBA’s seasonally adjusted refinancing index dipped 0.7 percent to 1,459.3 last week, its lowest level since early January.

In September 2017, criticism of such deals intensified when Fannie Mae guaranteed the refinancing on a $1 billion Invitation Homes rental-backed bond.

Proceeds will be used for general purposes, including financial investments, refinancing and the repurchase of debt.

26 Oct 2016) here Fitch’s Cover Assets refinancing Spread Level (RSL) Assumptions – Excel file (pub.

At LendEDU, a marketplace for student-loan refinancing, the goal is to save graduates thousands of dollars by helping them find low-interest rate loans.

Expanding coverage particularly benefited smaller institutions by reducing their refinancing risks through an expanded depositor base.

The ECB gave banks a total of 739 billion euros of cash in four-year, “targeted longer-term refinancing operations” – or TLTROs – in 2016 and 2017.

Its business is nonetheless still tilted heavily toward refinancing, a simpler transaction where borrowers don’t have to fear losing out on their dream home.

It also got a boost from federal programs that steered business to Quicken when refinancing demand overwhelmed the mortgage market.

“We understand that many of these borrowers are the ones that looked to move to MCLR with shorter refinancing time-frames.

The funds from the possible deal were expected to be used for refinancing of En+’s $5-billion debt.

Investors were unsure about what he meant, because U.S. sanctions has taken refinancing off the table.

Proceeds will be used for general corporate purposes and refinancing.

The bank’s refinancing risks are low, and wholesale repayments in 2017 make up a relatively small 5% of BoG’s liabilities.

Reuters had reported in February that banks and Usiminas were discussing terms of a refinancing of about 4 billion reais in loans.

SoFi went after the student loan space and has quickly become the largest provider of student loan refinancing.

The government debt maturity profile has markedly improved following active liability management, reducing refinancing risks.

It recently won shareholder support for its debt refinancing plan.

He cited cost cuts, recovering demand in southern Europe and lower-than-expected refinancing costs.

Both companies said on Monday that they supported a debt refinancing as one way to help avoid a bankruptcy filing by the city.

This means potential disposal proceeds are the only mitigating factor to persistently high projected net debt-to-EBITDA and material refinancing risk.

TBILISI, March 9 (Reuters) – Georgia’s central bank kept its key refinancing rate unchanged at 8 percent on Wednesday.

Falling mortgage rates rekindled submission of loan requests for home purchase and refinancing.

Meanwhile, MBA’s barometer on refinancing climbed further from a near 18-year trough reached three weeks earlier.

Overall then, a bit underwhelming.” Given their reliance on external funding, Turkish banks are exposed to refinancing risk.

The Washington-based group’s seasonally adjusted weekly index on refinancing activity declined 1.8 percent to 1,419.2 in the week ended Sept. 29.

The government has said it does not expect problems in the banking sector and Albayrak on Thursday dismissed concerns about refinancing risks.

Earlier this month AC Milan’s CEO Marco Fassone said he hoped to wrap up a refinancing deal by April.

MBA’s seasonally adjusted gauge on refinancing rose 1.5% to 1,827.3 from prior week’s 1,779.7.

Strained liquidity conditions have caused a growing number of credit defaults with private companies facing mounting refinancing risks.

Oger took out a $4.75 billion syndicated loan in 2013 as part of a debt refinancing.

The company also said it had launched a refinancing plan which includes loans and bonds, without giving further details.

At least two junk-rated companies planning to announce refinancing deals this week were advised to hold off for the moment, bankers told IFR.

The group’s seasonally adjusted barometer of refinancing applications decreased to 1,210.5, the lowest since the week of Jan. 6.

Xinyuan’s active fundraising in the onshore bond market has alleviated its refinancing pressure.

“My next question is how will Wanda prepare the (next) refinancing,” Lee added.

Karelia is exposed to material refinancing risk, which stems from the region’s high dependence on access to capital market to service its debt.

March 1 (Reuters) – Mallinckrodt Plc * Mallinckrodt Plc- on february 28, co and units entered into a refinancing amendment no.

It will be difficult to make up for lost refinancing volumes, even though the market for home purchases has been improving, analysts said.

The proceeds are expected to be used mainly for refinancing of its existing notes, and for general corporate purposes.

KWG’s funding cost fell to 6.8% in 1H16 from 7.4% in 2015 following a series of refinancing activities.

Perhaps the time for a new round of cheap, multi-year loans to banks, known formally as Targeted Long-Term refinancing Operations (TLTROs) is getting nearer.

Since then the brothers have personally negotiated the short-term refinancing of 21 billion reais in JBS debt and the sale of several assets.

Proceeds from the bond sale were slated for debt refinancing, working capital and general corporate purposes.

Hellenic said it will significantly improve its debt profile by refinancing bank loans of about 900 million euros by July.

The company offers personal loans that start at 27.99 percent and mortgage refinancing that starts at 10.35 percent, according to the company’s website.

In late 2016, refinancing activity plummeted as mortgage rates surged to their highest in over two years.

A move of that size would have a negligible impact in boosting credit, or in reducing refinancing costs.

Proceeds from the issuance are expected to be used for refinancing purposes.

Especially when it could mean an extra 11 billion pounds in debt refinancing costs over the next five years.

Proceeds will be used for general corporate purposes and refinancing.

The share of refinancing applications slipped to 45.1 percent from 45.6 percent the previous week, MBA said.

It will be difficult to make up for lost refinancing volumes, even though the market for home purchases has been improving, analysts said.

The net proceeds will be used for refinancing and general corporate purposes.

YEREVAN, Dec 26 (Reuters) – Armenia’s central bank said on Tuesday it had decided to keep its key refinancing rate unchanged at 6 percent.

The portfolio has only one loan subject to the refinancing risk for repaying balloon payments; all are new vehicles.

The notes have been issued as part of the refinancing by the parent company, France-based Lion/Seneca France 2 S.A.S.

This puts Penza in a more favourable position than national peers in terms of refinancing pressure.

This assumption is supported by steadily expanding EBITDA, which is driven by higher network activity, coupled with lower cash interest expenses following the refinancing.

Still, the refinancing risk for most developers it rated “should be manageable”, given their robust liquidity buffers, the rating agency said.

The ECB sliced its marginal and refinancing rates and made a widely expected 10-basis-point cut in deposit rates.

In 2015, Sothic and CapeView both participated in a similarly complicated debt refinancing after low gold prices sapped Russia-focused, London-listed miner Petropavlovsk .

27 Oct 2017) here Fitch’s Cover Assets refinancing Spread Level (RSL) Assumptions – Excel File (pub.

Financing channels for private enterprises will also be expanded as qualified companies will gain support in bond issuance, initial public offerings, and refinancing endeavors.

Issuers can afford to wait for conditions to improve as overall they face no immediate refinancing pressure.

U.S. refinancing activity has stabilized since earlier this year as mortgage rates remained steady following a spike in late 2016.

Then it will offer longer-term refinancing operations (TLTRO) towards the end of the month, giving banks access funding at zero or negative rates.

The World Bank, in an October report, said Lebanon was exposed to significant refinancing risks.

The new loan is still set to lower the company’s cost of debt by refinancing its existing €355m, 5.625% 2021 senior bonds.

Debt refinancing talks with international investors had begun successfully in Caracas on Monday, the government said, though creditors said the discussions were fruitless.

UOP: Financing and refinancing of eligible green projects.

The CPT feature eliminates refinancing risk if the payment source switches to the cover pool.

26 Oct 2016) here Fitch’s Cover Assets refinancing Spread Level (RSL) Assumptions – Excel file (pub.

The refinancing plan calls for the company to sell its Bolette Dolphin drilling unit.

The group sold a 363-day bond carrying an 8.875 percent coupon at par for “general corporate purposes and refinancing existing indebtedness overseas”.

The company is working at refinancing some loans, disposing off some assets and realigning the balance sheet, a third source said.

Applications for credit card and auto loans both increased, while demand for mortgage refinancing fell during the survey period, the NY Fed said.

11 Mar 2016) here Covered Bonds Rating Criteria – Mortgage Liquidity and refinancing Stress Addendum (pub.

17 May 2016) here Fitch’s Mortgage Covered Bond refinancing Stresses – Excel File (pub.

The size of QNB Finansbank’s refinancing has not been set to maintain flexibility if some lenders drop out, bankers said.

He added the refinancing of the transactions may include equity investors.

The surge in mortgage rates, which have risen more than 0.40 percentage point since the Nov. 8 election, has slashed refinancing activity.

“That means they will be under heavy refinancing pressure” to repay maturing offshore debt.

MBA’s seasonally adjusted refinancing index fell 16 percent to 1,469.9 last week, its lowest level since early January.

refinancing conditions for Chinese developers have worsened quickly both onshore and offshore, amid growing defaults this year by Chinese issuers, including state-owned enterprises.

It doesn’t mean we’ll take decisions… at that time,” Praet said about a new Targeted Long-Term refinancing Operation (TLTRO).

Despite a concentrated debt maturity profile, the region has manageable refinancing risks due to moderate debt levels, sound liquidity and access to federal loans.

The Homeowners refinancing Act is passed in June.

The spike in 30-year mortgage rates, which have risen about 0.50 percentage point since the Nov. 8 election, has reduced refinancing activity.

Positively, AB’s VR reflects the bank’s still reasonable capital levels and manageable refinancing risks.

Near-term refinancing needs moderated in 1H16, but remain significant.

MBA’s seasonally adjusted refinancing index dipped 0.7 percent to 1,459.3 last week, its lowest level since early January.

refinancing risks are reduced by AB’s firm access to IFIs and parent funding.

For CPF-linked loans, Fitch considered an additional stressed refinancing rate differential of 25bp above Singapore’s mortgage RSL.

26 Oct 2016) here Fitch’s Cover Asset refinancing Spread Level (RSL) Assumptions – Excel File (pub.

Last month, the Mortgage Bankers Association said U.S. borrowers filed the fewest weekly applications for home refinancing in almost 18 years.

The Fed’s Survey of Consumer Expectations collects data for auto loans, credit cards, credit card limit increases, mortgages and mortgage refinancing.

The majority of Tianqi’s listing proceeds will be used for refinancing the SQM stake purchase, the company said in its draft prospectus.

Spending on new assets does not reflect refinancing, mergers and acquisitions and the raising of debt across the industry.

It is forecast to raise the refinancing rate once next year, in the third quarter, by 25 basis points to 0.25 percent.

The company said its board had examined operation of refinancing of long-term debt for about 1 billion euros.

Proceeds are going toward refinancing debt.

Funding for the acquisition was clear and irrevocable, while refinancing the company after the transaction closed was still being discussed.

The trade group said on Wednesday mortgage applications jumped 9 percent this week as unexpected growth in refinancing applications outpaced growth in new loans.

refinancing still remains well below historic highs after falling to an 18-year low last year, when mortgage rates rose above 5 percent.

The ‘F3’ on Syngenta’s short-term ratings is driven by the short-term refinancing need of the acquisition debt.

This short term refinancing need drives the ‘F3’ rating on Syngenta’s short term ratings.

Fitch expects there to be appetite for the refinancing of the acquisition facilities and the immediate financing need to be replaced with longer-term financing.

Fitch expects there to be appetite for the refinancing of the acquisition facilities and the immediate financing need to be replaced with longer-term financing.

The international issue is primarily directed at refinancing an international bond worth $1.5 billion maturing on April 27.

“In the oil service segment, refinancing risk is on the agenda.

The three lenders have a leading role in the refinancing, which will involve a much larger group of banks.

The loan refinancing will include a repricing of the debt facility and a maturity extension, to 2023 from 2021.

AES Gener has since stated publicly it may scuttle the half-completed project if it cannot secure favorable refinancing terms.

If the trend of negative CFO persists, the company’s debt repayment capacity and ultimately its refinancing ability would be impaired.

Delft 2017 is the refinancing of EMF-NL 2008-1 BV, a Dutch non-prime RMBS, currently rated ‘BBB+’/Rating Watch Negative by Fitch.

refinancing options may also be limited, as non-prime lending in the Netherlands has reduced in recent years.

refinancing has created a more comfortable repayment schedule, Chief Financial Officer Paul Herendeen said.

BDB lends directly to Bulgarian companies, but the key strategic focus in the long-term is on refinancing domestic and foreign commercial banks.

It said the rig market is still challenging and repeated its plan to complete refinancing by year end.

This notwithstanding its demonstrated access to a variety of capital sources over time, which meaningfully mitigates refinancing risk in Fitch’s view.

Other Chinese banks could also provide refinancing, the source said.

It also shaved 5 bps off its main refinancing rate and the marginal rate.

26 Oct 2016) here Fitch’s Cover Assets refinancing Spread Level (RSL) Assumptions – Excel file (pub.

26 Oct 2016) here Fitch’s Cover Assets refinancing Spread Level (RSL) Assumptions – Excel file (pub.

The Negative Outlook reflects growing direct risk accompanied by high refinancing pressure amid deteriorating operating performance.

26 Sep 2016) here Fitch’s Cover Assets refinancing Spread Level (RSL) Assumptions – Excel file (pub.

LIQUIDITY Global Switch has solid liquidity with no short-term refinancing pressure.

The Negative Outlook reflects growing direct risk accompanied by high refinancing pressure and deteriorating operating performance.

The region has also managed to switch half of its bank debt to two-year loans, easing refinancing pressure.

The region remains exposed to refinancing pressure over the medium-term as 83% of the region’s direct risk will mature in 2016-2018.

11 Mar 2016) here Covered Bonds Rating Criteria – Mortgage Liquidity and refinancing Stress Addendum (pub.

By refinancing with budget loans, the republic has been able to avoid increased costs of borrowing arising from interest rate volatility.

The proceeds from the issue will be used for general corporate purposes and refinancing.

Fitch believes the issuances have been largely opportunistic and views the reduction in refinancing risk favorably.

We hope refinancing in a sentence examples were helpful.