Such statements reflect the current view of the Company with respect to future events and are subject to certain risks, uncertainties and assumptions, including, but not limited to, the risk that the Company may not be able to implement its deleveraging
strategy in the intended manner, risks associated with currently unforeseen competitive pressures and risks affecting the Company's industry, such as decreased consumer spending, customer concentration issues, and the effects of general economic conditions.
The Steering Committee noted in its new Deleveraging
Monitor that there were further reductions in external funding from western banks to Central, Eastern, and South Eastern Europe (CESEE) excluding Russia and Turkey during the first quarter of 2013.
This transaction is further proof of the speed and success of our deleveraging
The study to be developed should provide a significant contribution to the Commission~s knowledge building and information gathering on deleveraging
Due to this deleveraging
and improved operating profits, fixed charge coverage was 2.
Overall, the risks of deleveraging
becoming disorderly have receded.
Further, continuous deleveraging
of the deal lead to increased credit enhancement levels for all classes.
This showed a setback for the State-controlled bank s deleveraging
The upgrades are driven primarily by the seasoning of the collateral and the deleveraging
of the transaction.
Cross-border bank deleveraging
in most CEE countries remained relatively benign and was cushioned by strong portfolio capital inflows and doubled EU funds, finds the 2nd edition of the Erste Group study Living in a time of global deleveraging
, published today.
The upgrades are driven primarily by the improved credit quality, seasoning of the collateral, and deleveraging
of the transaction.
In addition, the New Soros Group proposal did not assure the same amount of deleveraging
as would occur under the Kestrel transaction, which contemplates deleveraging
in an amount up to $100 million.