Further, the execution of transactions agreements must be in place with counter parties
the Islamic treasury is transacting with, for which also before any of these executions, review and approvals by the Shariah Committee/Shariah Board must be obtained.
MARC's counterparty credit ratings are opinions on the ability of counter parties
to honour senior obligations under financial contracts, including third party credit guarantees.
Newmont Mining Corporation today announced that its subsidiary, Yandal Bond Company Limited (YBCL), has accepted assignments from six of a total of seven gold hedge counter parties
for all their gold hedge contracts with Newmont's Australian subsidiary, Newmont Yandal Operations Limited (Yandal), formerly Great Central Mines Ltd.
The ability to connect on-net counter parties
within three days also helps us and our trading partners build links with multiple new end points across the global financial markets.
Pursuant to the announcement of May 29, 2003, Newmont Mining Corporation today announced that its subsidiary, Yandal Bond Company Limited (YBCL), has accepted assignments from three gold hedge counter parties
of all their gold hedge contracts with Newmont's Australian subsidiary, Newmont Yandal Operations Limited (Yandal), for a total cash payment of $48.
Equity Funding Solutions, LLC (EFS) is a corporate liquidity firm arranging stock loans that are 100% with investment grade-rated counter parties
allowing borrowers to obtain 90% of their stocks' value immediately while retaining the appreciation in their stock portfolio over time.
We have chosen Cantor Fitzgerald based on their demonstrated market knowledge and expertise to help us develop the market and negotiate with select counter parties
," said Michael Zinn, Chairman of the Board and principal shareholder of Besicorp Development, LLC.
The hedge counter parties
will be offered an alternative option to transfer a portion of the hedge book to Newmont in lieu of any cash consideration (see below).
This product is generally available for use by brokers, fund managers and counter parties
The Negative Outlook reflects the weak credit quality of several counter parties
accounting for about 25% of the leveraged lease portfolio, the contract termination risk in Poland and the continuing political and currency risk in Latin America and other emerging markets where Holdings has significant investments.
The counterparty risk is mitigated by Power's ability to sell directly to PSE&G and other load serving entities if the counter parties
were unable to perform.
The 'A-1'-plus ratings reflect the quality of each Fund's overall structure and the creditworthiness of each Fund's counter parties
and eligible investments.